Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375M with a $285M loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt
Lux Capital, its Series A round leader, also led this round and was joined by REColorado MLS, Starwood Capital Group, Flex Capital, Stellar MLS and Venture MLS
by Craig C. Rowe Aug 6
One of the nation’s top 10 largest associations has made its decision on an official lockbox by selecting SentriLock, 1 of 2 primary industry providers
by Craig C. Rowe Aug 6
Opinion
Team leader Carl Medford is being proactive and prepared as his team gears up for the changes that will follow the implementation of the National Association of Realtors' settlement agreement
by Carl Medford Aug 6
Find out how Orlando-based Premier Sotheby's International Realty agent and Miss Florida USA, Peyton Lewis, focuses on self-awareness, growth and goals to meet challenges head on
by Dani Vanderboegh Aug 6
Thinking about student housing as a multifamily strategy? MZ Capital Partners’ Michael H. Zaransky, who wrote a book on investing in student housing, shares the pros and cons to consider
by Michael Zaransky Aug 6
Shares in Offerpad hit new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in Q3
by Matt Carter Aug 5
Despite safety ranking high among buyer concerns, house hunters say they're willing to consider purchasing in a high-risk area in exchange for affordable housing, according to a new report
by Richelle Hammiel Aug 5
Concerns about fraud mean lenders who want to sell multifamily loans to the mortgage giants may be required to do more due diligence on borrowers and their properties
by Matt Carter Aug 5
Following last month's assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings
The US Navy will expand a toxic remediation project at the Hunter's Point Shipyard after radioactive findings at the site
by Richelle Hammiel Aug 5
Washington photographer said Zillow Gone Wild used her photo without permission in 2022. After attempts to negotiate payment of roughly $30K, she's now suing for a max judgment of $300K
by Marian McPherson Aug 5
Just about a month after listing the property with Leonard Moens, Leonard Riggio's 1.7-acre oceanfront estate in Palm Beach has gone under contract
Opinion
Is your office the one everyone talks about for all the wrong reasons? Consultant Rachael Hite says your 'fun' office just might be the opposite
by Rachael Hite Aug 5
Need help highlighting value in a buyer-broker presentation? Jimmy Burgess talks with Andrew Undem, who shares his '8 pillars of value' strategy for showcasing client benefits
by Jimmy Burgess Aug 4
NAR President Kevin Sears sat down at ICLV with Clelia Warburg Peters to talk about the trade group's past and future, including a return to advocacy and transparency
by Christy Murdock Aug 3