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Marcus & Millichap laying off 20% of workforce

Wed, May 27, 2020 | Source: Miami Real Deal
Marcus & Millichap CEO Hessam Nadji and their Calabasas office.
Marcus & Millichap CEO Hessam Nadji and their Calabasas office. Marcus & Millichap plans to lay off 20 percent of its workforce as the publicly traded commercial real estate brokerage goes through a restructuring. The company, which is headquartered in Calabasas and has a market cap of $1.12 billion, revealed its pandemic [...]

REIT stocks rise as NYSE trading floor reopens

Wed, May 27, 2020 | Source: Miami Real Deal
The FTSE Nareit All REITs index rose by 3.68 percent on Tuesday, outpacing the broader markets as the New York Stock Exchange reopened its trading floor following a two-month closure. (Getty; iStock)
The FTSE Nareit All REITs index rose by 3.68 percent on Tuesday, outpacing the broader markets as the New York Stock Exchange reopened its trading floor following a two-month closure. (Getty; iStock) The reopening of the New York Stock Exchange trading floor Tuesday accompanied a burst of optimism in the stock [...]

Virgin Trains seeks $350M to build five stations in Miami-Dade

Wed, May 27, 2020 | Source: Miami Real Deal
Richard Branson (Credit: Virgin, Cindy Ord/Getty Images)
Richard Branson (Credit: Virgin, Cindy Ord/Getty Images) Virgin Trains is proposing a major expansion of the commuter rail service, funded mostly by Miami-Dade County. Virgin Trains USA is seeking $350 million from the county to build up to five train platforms between downtown Miami and Aventura, as well as related infrastructure that [...]

@properties acquires stake in another Southern resi brokerage

Wed, May 27, 2020 | Source: Miami Real Deal
@properties’ Thad Wong, Mike Golden and Nest Realty’s Jonathan Kauffmann (@properties, Nest Realty; Seymour Johnson)
@properties’ Thad Wong, Mike Golden and Nest Realty’s Jonathan Kauffmann (@properties, Nest Realty; Seymour Johnson) Chicago-based indie brokerage @properties has acquired a significant stake in Virginia-based firm Nest Realty, giving it a foothold in five additional states in the South amid an expansion push. Terms of the deal were not disclosed, but [...]

Toll Brothers' record shows the housing boom has no end in sight

Tue, Aug 21, 2018 | Source: Real Estate
Read full story for latest details. [...]

Should I get a fixed- or adjustable-rate mortgage?

Wed, Aug 08, 2018 | Source: Real Estate
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Zillow buys a mortgage lender and the stock tanks

Tue, Aug 07, 2018 | Source: Real Estate
Read full story for latest details. [...]

Looking for a home in Berlin or Budapest? Prepare to pay more

Tue, Jul 17, 2018 | Source: Real Estate
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. [...]