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Amazon’s got cash to burn, and real estate is its tinder
Amazon CEO Jeff Bezos (Credit: Getty Images) Amazon’s officially on a spending spree. After a big week of movement in the world of real estate that included shopping for 1 million square feet of...
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This week in celeb real estate: Sugar Ray Leonard looks for knockout buyer,...
Sugar Ray Leonard and the Pacific Palisades home, and Ellen DeGeneres and the home (Credit: Getty Images) The week in celebrity real estate wouldn’t be complete until Ellen DeGeneres got into the...
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Pep pill needed: As many as 700 more GNC vitamin stores will disappear later...
(Credit: iStock) GNC plans to close as many as 700 more of its vitamin stores in the second half of the year. The struggling Pittsburgh-based retailer – which already closed 200 stores in the first...
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Art collector lists gallery-like home near Aspen for $17M, but most of the...
Nancy Magoon and her Aspen home (Credit: Getty Images, Douglas Elliman) Avid art collector Nancy Magoon listed her three-story house near scenic Aspen, Colorado, for $16.9 million — sculpture garden...
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Pompano upzones Ocean Boulevard site for 19-story condo next to city park
North Ocean Park in Pompano Beach (Credit: Ezra Haggard | businessyab-com) Pompano Beach city commissioners rezoned land adjacent to an oceanside city park to allow for construction of a 19-story condo...
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PB Gardens condo community seeks yet another contractor to repair its buildings
Workers remove scaffolding after San Matera condo repair work stopped in April. (Credit: Richard Graulich | Palm Beach Post) Repairs to water-damaged buildings at a Palm Beach Gardens condo complex...
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NHL star selling Pittsburgh-area home sees lonely theater image go viral
Phil Kessel’s Pittsburgh home is on the market (Credit: Getty Images, Realtor) No stranger to stopovers in new cities, professional athletes can often have large, if sparsely-furnished, homes. Enter...
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Developer borrows $105M, breaks ground for mixed-use Flagler Village project
Quantum at Flagler Village rendering A Hollywood-based developer borrowed $105 million and started construction of a major mixed-use development in the Flagler Village area just north of downtown Fort...
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Take 2: Tim Tebow pays $3M for second house in gated community in Florida
Tim Tebow and his home in South Jacksonville’s Glen Kernan Golf & Country Club (Credit: Getty Images, Estately) Former football star Tim Tebow picked up a new mansion within a gated Jacksonville...
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South Florida firm, partner acquire Tampa office building for $29.4M
Fountain Square II in Tampa (Credit: Tampa Bay Business Journal) A South Florida firm and its joint-venture partner acquired a four-story office building in Tampa for $29.4 million. North Miami...
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Spaghetti Western star scores approval to build controversial Brickell tower
Babylon Apartments and Francisco Martinez-Celeiro (Credit: Google Maps and Wikipedia) More than a year after a preservation effort failed to save Brickell’s Babylon Apartments from the wrecking ball,...
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Elliman hires new chief marketer ahead of rebranding, lead-generation...
From left: Scott Durkin, Stephanie Garbarini and Howard Lorber in front of Douglas Elliman’s headquarters at 575 Madison Avenue (Credit: Google Maps, Douglas Elliman) Douglas Elliman’s got a new chief...
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Construction starts in South Florida fall almost 40% in June
Construction of a new home (Credit: iStock) Construction starts in South Florida fell significantly in June amid continued signs that the commercial and residential real estate markets are slowing down...
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Compass makes new agents sign Silicon Valley-grade contracts
Compass is one of the only brokerages that asks agents to sign these agreements. (Credit: iStock and Compass) In the dog-eat-dog world of residential brokerage, Compass appears to be playing defense....
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Apartment giant Greystar sells complex near Lake Worth for $48M
Savona Grand Apartments at 7045 Colony Club Drive, Greystar CEO Bob Faith The apartment giant Greystar Real Estate Partners sold an apartment development near Lake Worth for $47.8 million. Charleston,...
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Galbut family sells Ocean Drive hotel for $28M
Kirk Olson, Shadi Shomar, Drew Kristol and the Bentley Hotel Companies tied to Russell Galbut’s Crescent Heights sold the Bentley Hotel on Ocean Drive for $28 million. Ocean & 5th Commercial LLC,...
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Reonomy is signing “exclusive” partnerships with data providers, but it’s not...
Reonomy’s Rich Sarkis (Credit: iStock) In the commercial real estate data industry, access is key. With this in mind, one firm is attempting to secure what it calls “exclusive” partnerships with the...
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Hedge funder bets on Allapattah with Opportunity Zone site purchase
Spencer Waxman and Bank of America Center in Allapattah (Credit: Getty Images, Google Maps) New York hedge funder Spencer Waxman paid $7.7 million for the Bank of America Center in Miami’s Allapattah...
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Despite housing market slowdown, mortgage lenders just had a great second...
(Credit: iStock) The second quarter of the year saw $565 billion worth of mortgage loans as homeowners are increasingly eager to refinance thanks to falling rates. If the lending keeps up at this pace,...
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