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New York’s CRE woes could spread nationwide: investors

Investors worry that New York City’s battered commercial real estate sector is indicative of larger issues nationwide with hotels, restaurants and retail. (iStock)
Investors worry that New York City’s battered commercial real estate sector is indicative of larger issues nationwide with hotels, restaurants and retail. (iStock) Investors are betting that trouble in New York City’s commercial real estate market will spread nationwide. Prices for debt backed by hotels, restaurants and retail in New York City [...]

Betting on distress: Bulk condo website launches, aimed at investors

Richard Swerdlow and Bruce Goldstein 
Richard Swerdlow and Bruce Goldstein Miami-based Condo.com founder Richard Swerdlow and South Florida developer Bruce Goldstein are partnering to launch an online platform for bulk condo deals, The Real Deal has learned. They’re betting on the growing distress of condo markets across the country and developers’ desire to keep their offers [...]

Here’s what tenants are paying at Shops at Merrick Park

Brian Kingston and Merrick Park
Brian Kingston and Merrick Park Nordstrom and Neiman Marcus may be closing stores across the country amid the pandemic, but at the Shops at Merrick Park in Coral Gables, the retailers appear to be in for the long haul. Brookfield Property REIT owns the roughly 850,000-square-foot property at 358 San Lorenzo Avenue, [...]

He’s out: Baseball’s Mike Napoli sells waterfront Fort Lauderdale mansion for $7M

Mike Napoli and 2501 Delmar Place (Getty, Coldwell Banker)
Mike Napoli and 2501 Delmar Place (Getty, Coldwell Banker) Retired first baseman and catcher Mike Napoli sold his mansion in the Seven Isles neighborhood of Fort Lauderdale for $7.3 million. Records show Napoli, a Broward County native, sold the waterfront home at 2501 Delmar Place to Andrew Dumke, the founder, chairman and [...]

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

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

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Zillow buys a mortgage lender and the stock tanks

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

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. [...]