Sunny Isles mayor sells Hialeah warehouse for $13M
by By Wade Millward on 2020-10-21 at 10:30 PM
A company tied to the mayor of Sunny Isles Beach and a fellow South Florida real estate investor sold a 160,000-square-foot warehouse in Hialeah for $13.1 million. George “Bud” Scholl, elected mayor in 2014 and re-elected in 2018, and investor Steven M. Rhodes sold the industrial building at 1101 East 33rd Street, The Real Deal has learned. EverWest Real Estate Investors, a […]
Starwood scores $265M refi for portfolio of...
by By Wade Millward on 2020-10-21 at 10:00 PM
Starwood Capital Group secured $265 million in refinancing for a portfolio of 58 extended-stay and midscale hotels nationwide, representing a fraction of all the hotels it owns and operates. Miami Beach-based Starwood hopes to execute the first lien mortgage about Oct. 28, according to a report from Kroll Bond Rating Agency. Starwood will use the funds to pay off existing debt, including a loan […]
American Legion rental project in MiMo District...
by By Wade Millward on 2020-10-21 at 9:30 PM
The developer of the American Legion property in Miami’s MiMo District launched leasing of the first phase and plans to break ground on the second phase next year. Private equity firm Asia Capital Real Estate, also known as ACRE, and QuadReal Property Group, the real estate investment arm of the British Columbia public employees’ pension, completed the first phase apartment complex […]
Why Today’s Options Will Save Homeowners from...
by KCM Crew on 2020-10-21 at 10:00 AM
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that up to 30% of homeowners would choose to enter forbearance. Less than 10% actually did,
Americans Are Gaining Confidence in the Economy
by KCM Crew on 2020-10-20 at 10:00 AM
The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on
Real Estate Continues to Show Unprecedented...
by KCM Crew on 2020-10-19 at 10:00 AM
The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more? Here’s a look at what several industry-leading experts have to say.
Global Multiple Listing Service (MLS) Listing...
on 2020-10-22 at 8:48 AM
Global Multiple Listing Service (MLS) Listing Software Market 2026 : Zillow, Realtor.com, Rightmove, Trulia, Redfin etc. The Think Curiouser
Realty sentiments turn positive; realtors,...
on 2020-10-22 at 5:48 AM
Realty sentiments turn positive; realtors, stakeholders optimistic over business comeback Economic Times
Realtor Q&A - MISSY NEU - Coastal Illustrated
on 2020-10-22 at 4:00 AM
Realtor Q&A - MISSY NEU Coastal Illustrated