News

Orlando Airport Fixed-Base Operator to Invest $40M – Connect CRE
A new fixed-base operator (FBO) has been granted a lease at the Orlando Executive Airport. Sky Harbour Group will invest $40 million as part of a multi-year program. It will be the airport’s third FBO. A fixed base operator is granted the right by an airport authority...

Mast Secures $65M for Ft. Myers Rental Community – Connect CRE
Mast Capital, in partnership with private equity group BLG Capital Advisors, has secured financing and broken ground on an upscale residential rental community in Fort Myers. The firm, which acquired the site totaling 14.5 acres of land in 2022, has secured $65...

RH shares pop on Q4 earnings as the company expects accelerated demand
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAnthony Chukumba, Loop Capital Markets senior research analyst, joins 'Closing Bell: Overtime' to discuss RH earnings report as shares pop on Q4 results. ...

Boca’s Beach Club Slated for $100M Makeover – Connect CRE
The Boca Raton, a resort and private club that opened in 1926, says it will start on a $100 million renovation of the Beach Club hotel. When Beach Club is unveiled in December 2024, guests and club members will discover an entirely redesigned arrival, new restaurants,...

Berkadia Secures $172M Loan for Miami Highrise Condos – Connect CRE
Berkadia arranged construction financing for ONE Park Tower by Turnberry, Turnberry’s 292-unit condominium tower in the heart of the SoLé Mia master development in North Miami. Scott Wadler led a Berkadia team that secured a $172 million loan from Bank OZK on behalf...

Mortgage demand stalls, even as interest rates moderate
A 'For Sale' sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty ImagesThe usually busy spring housing market is underway, but mortgage demand isn't moving. Application volume was essentially flat last week, dropping...

Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme
Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010.Emmanuel Dunand | AFP | Getty ImagesFederal prosecutors on Tuesday sued to seize two New York City apartments worth $14...

700K SF Business Park Slated for Apopka – Connect CRE
Standard Real Estate Investments is making an equity investment in the Apopka Business Center via its $150 million investment vehicle. Located at 444 Hermit Smith Rd. on a 79-acre industrial site, in the Apopka submarket of Orlando, the project will be developed by...

Ocoee Greenlights Cambria Hotel – Connect CRE
When it comes to hotels, the Covid hangover is behind us. The new hotel market is booming. The U.S. construction pipeline for new hotels hit record project counts in the fourth quarter of 2023, according to a Lodging Econometrics report. The Orlando Business Journal...

Vacation home co-ownership platform Pacaso expands to lower-priced listings
Luxury vacation home co-ownership platform Pacaso is attempting to appeal to the masses, as it grows its business during a pricey and competitive phase of the housing market.The company, which launched in 2020 with multimillion-dollar homes listed for co-ownership, is...

Looking for contrarian opportunities in China and US property: Gaw Capital
Gaw Capital's Goodwin Gaw discusses the company's strategy in Chinese and U.S. property markets. Source link

Asset management firm explains its exit from Asia real estate equity strategy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMatthew Michelini, head of Asia-Pacific at Apollo Global Management, discusses its decision and the company's $11 billion offer for Paramount's Hollywood studio....

Housing market remains a ‘significant negative overhang’ for the China’s economy: S&P Global Ratings
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailLouis Kuijs of S&P Global Ratings says that China will need a 'little bit more work' to hit their around 5% GDP growth target and expects 4.6% GDP growth for...

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up
Adam Neumann of WeWork and Victor Fung Kwok-king, right, chairman of Fung Group, attend a signing ceremony at WeWork's Weihai Road location on April 12, 2018 in Shanghai, China.Jackal Pan | Visual China Group | Getty ImagesAdam Neumann has submitted an unsolicited bid...

Biden campaign’s latest broadside: A ‘feeble’ Trump is ‘lying about having money’
Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he attended a hearing in his criminal case on charges stemming from hush money paid to a porn star in New York City, U.S., March 25, 2024. Brendan Mcdermid | ReutersA court ruling...

Morgan Stanley sees upside for these senior housing stocks as the U.S. population ages
Americans are getting grayer — and that could be a windfall for senior housing. Two of the biggest beneficiaries of the trend are certain real estate investment trusts, which also return income to investors, according to Morgan Stanley. The firm likes Welltower ,...

Brown Harris Stevens CEO: The housing market has done ‘incredibly well’ considering all headwinds
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailBrown Harris Stevens CEO Bess Freedman joins 'The Exchange' to discuss shifts in the housing market, areas with significant demand, and more.03:54Mon, Mar 25...

Taylor Morrison CEO: We’re in a good place as interest rates have ‘slightly’ moderated
Taylor Morrison CEO Sheryl Palmer joins 'Money Movers' to discuss what she sees in demand and mortgage availability, whether the housing market relies less on all-cash deals, and more. Source link

UCF Stadium Improvements to Run $88M – Connect CRE
The University of Central Florida (USF) knows it needs to spend to keep up. It recently joined the Big-12 Conference and is coming off a disappointing 6-7 season. The school has announced details of its new $88 million football stadium expansion. Called the FBC...

February new home sales narrowly miss expectations to the downside
CNBC's Rick Santelli and Diana Olick report on the latest housing data. Source link

RH shares pop on Q4 earnings as the company expects accelerated demand
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAnthony Chukumba, Loop Capital Markets...

Boca’s Beach Club Slated for $100M Makeover – Connect CRE
The Boca Raton, a resort and private club that opened in 1926, says it will start on a $100 million renovation of the Beach Club hotel. When Beach...

Berkadia Secures $172M Loan for Miami Highrise Condos – Connect CRE
Berkadia arranged construction financing for ONE Park Tower by Turnberry, Turnberry’s 292-unit condominium tower in the heart of the SoLé Mia master...

Mortgage demand stalls, even as interest rates moderate
A 'For Sale' sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty ImagesThe usually busy spring...

Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme
Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22,...

700K SF Business Park Slated for Apopka – Connect CRE
Standard Real Estate Investments is making an equity investment in the Apopka Business Center via its $150 million investment vehicle. Located at...

Ocoee Greenlights Cambria Hotel – Connect CRE
When it comes to hotels, the Covid hangover is behind us. The new hotel market is booming. The U.S. construction pipeline for new hotels hit record...

Vacation home co-ownership platform Pacaso expands to lower-priced listings
Luxury vacation home co-ownership platform Pacaso is attempting to appeal to the masses, as it grows its business during a pricey and competitive...

Looking for contrarian opportunities in China and US property: Gaw Capital
Gaw Capital's Goodwin Gaw discusses the company's strategy in Chinese and U.S. property markets. Source link

Asset management firm explains its exit from Asia real estate equity strategy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMatthew Michelini, head of Asia-Pacific at...