Real Estate

First Team Real Estate Agents Facilitate Record-High Luxury Sale In Southern California

2017 has been a year of extraordinary growth for First Team Real Estate, the independent real estate brokerage that’s facilitated several of Southern California’s most noteworthy luxury residential transactions this year-the latest of which closed in Yorba Linda earlier this month for USD 6.095 million, marking the highest sale in the community’s history, per MLS records. Leveraging their own knowledge …

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Developer nabs construction loan for Blue Lagoon apartments

Estate Investment Group just closed on $52 million in construction financing for a new project near Miami International Airport. The developer, led by founder and principal Robert Suris, secured the loan from Florida Community Bank for the 330-unit Soleste Blue Lagoon luxury complex, at 5375 Northwest Seventh Street in Miami. It’s expected to be completed by mid 2019, according to …

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Fort Lauderdale ranks as top US city for real estate investment

A new report ranks Fort Lauderdale as the sixth top city for real estate investment. The city jumped 29 spots in PwC US and Urban Land Institute’s Emerging Trends in Real Estate this year. The report surveys more than 1,600 real estate investors, fund managers, developers, property companies, lender, brokers and others in the industry on job growth, economy, and …

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Maryland Investigating Kushner Real Estate Practices

The office of the Maryland attorney general is investigating the management practices at the many large apartment complexes in the state that are owned and overseen by Kushner Companies, the family company of President Donald Trump’s son-in-law and top adviser, Jared Kushner. A spokesman for Kushner Companies confirmed that the office of Maryland Attorney General Brian Frosh, a Democrat elected …

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Who is real estate’s Harvey Weinstein?

Harvey Weinstein quietly paid off accusers for decades, successfully silencing allegations of sexual assault and harassment. That all changed earlier this month when the New York Times published an explosive investigation into previously undisclosed allegations.(Credit: Getty Images) The deluge of accusations that followed the Times report and the emergence of similar stories in other industries has The Real Deal wondering: …

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Church Street Plaza: New downtown office tower gets started

Occupying a corner spot next to Interstate 4, the 28-story project has been renamed Church Street Plaza. In planning stages for the last three years, it was called Tremont Tower or Tremont Plaza. Major work on below-ground pilings has already started. The building will also have its own SunRail Station. The last major downtown towers that had significant office space …

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Miami Beach: Crescent Heights lists Upland building

In Miami Beach a company tied to Crescent Heights wants to sell a mixed-use building, home to the popular Upland Miami restaurant. The four-story, nearly 32,000-square-foot building, which includes the 7,500-square-foot restaurant and 180-space parking garage, hit the market unpriced, but listing brokers Scott Sandelin, Drew Kristol and Alejandro D’Alba of Marcus & Millichap expect it to sell for up to …

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A Smart Move For 2018? Design Your Company’s Office To Look Like Home

Recent years have inspired a new wave of office design. We’ve seen cubicle farms go by the wayside in favor of open office space. (Credit: Getty Images) Corner offices have shed their walls, meeting rooms adapted to be VR-friendly; and non-assigned seating became the norm in shared collaborative spaces. So what’s the next step? We’ve discussed the Third Place, where corporate …

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Why family offices are winning deals over private equity firms

Family offices are increasingly beating out private equity firms in mega-deals because of their fast decision-making and, often, their value-driven approach as owners. (Credit photo: Pexels) Savvy family offices are the new sophisticated investors, according to Bloomberg News, with a series of moves within the last couple of years cementing the trend; they poach talent and they buy fast. For …

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Confirmed: Moishe Mana signs on to TRD’s Miami real estate event

The Real Deal is excited to announce the addition of developer Moishe Mana to the lineup of our fourth annual Miami Real Estate Showcase and Forum on Oct. 26! Mana, who chatted about his humble beginnings and vision for Miami in this issue’s Closing interview, will join TRD for an exclusive one-on-one interview starting at 11:30 a.m. The event will also include discussions …

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