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  • Michael Stern pays $24M for future site of...
    by By Wade Millward on 2020-11-25 at 11:10 PM

    UPDATED, Nov. 25, 9:45 p.m.: Developer Michael Stern closed on an assemblage of properties in Miami’s Brickell neighborhood where he plans to build a 62-story tower, The Real Deal has learned.  Stern, who leads New York-based JDS Development Group, paid $9 million for property at 191 Southwest 12th Street. The seller is a company tied to John Polit. Stern also bought adjacent land from Choice […]

  • Real estate deals dominate Opportunity Zones. Is...
    by TRD Staff on 2020-11-25 at 10:30 PM

    Investment in Opportunity Zones is growing at a rapid pace, and so is skepticism about the program — and whether its incentives for pouring cash into low-income communities amount to a tax dodge. The Economic Innovation Group, a policy group that’s a proponent of the program, identified 186 real estate and business investments in Opportunity Zones in the United States. Of those, the majority […]

  • Pandemic takes drastic toll on dry cleaners
    by TRD Staff on 2020-11-25 at 10:00 PM

    At J’s Cleaners, business had clawed up to 40 percent of pre-pandemic levels last month. But now, with Covid-19 soaring again, that number is expected to plummet. “If this thing keeps dragging, many small businesses will close. Maybe I could be one of them,” owner Albert Lee, who plans to permanently shutter four of his 15 locations, told Bloomberg. He is losing $1,000 to $2,000 monthly per […]

  • Key Terms to Know in the Homebuying Process...
    by KCM Crew on 2020-11-27 at 11:00 AM

    Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your homebuying process is a positive one is to find a real estate professional who will guide you through every aspect of the […]

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    by KCM Crew on 2020-11-26 at 11:00 AM

     

  • Your House May Be High on the Buyer Wish List...
    by KCM Crew on 2020-11-25 at 11:00 AM

    Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best

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