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Overhead at #TRDForum | From NAR fallout to election aftermath to the future of the industry, real estate's top agents, lenders and developers didn't mince words onstage at our South Florida Forum at Mana Wynwood. Swipe for some of the buzziest quotes from our signature event, and access our comprehensive Forum recaps here: https://bit.ly/4et6EYG
Oren and Tal Alexander’s legal woes are spreading. Side, the white-label brokerage firm that backs their company, is seeking a restraining order against the former top brokers in an attempt to bar them from destroying or concealing the collateral underpinning a loan from Side.
In today's high rate, low liquidity market, FHA loans are an attractive funding option when building a capital stack. For our latest piece, TRD spoke with Mark Dellonte, Head of FHA Production for Capital One Business, to learn how recent changes have made this reliable funding source more flexible than ever. Read the article: https://lnkd.in/eB6jERaN #BrandStudio #FHALoans #HUD #CapitalStack #RealEstateFinance #CapitalOne #Sponsored
Simon Dushinsky is the Alexander the Great of Brooklyn. His firm, Rabsky Group, is a force to contend with in the borough, constructing some of its biggest buildings and scoring its largest loans. And he’s done it all seemingly without institutional money. But Dushinsky (and his partner Isaac Rabinowitz) remain a mystery outside it. As Rabsky set its sights on building Fort Lauderdale's tallest tower, Keith Larsen gets to know the quiet development giant at the link.
Join Katherine Kallergis inside the secret world of South Florida’s underground tunnels. Watch as builder Robert Burrage of RWB Construction Management takes us on a tour of a private underground tunnel in the tony town of Manalapan that connects a waterfront mansion to the ocean and a private beach bungalow, as well as an under-construction nearby that will have a new tunnel. Explore more: https://lnkd.in/e2gQUzf5
Thank you to the speakers, sponsors, exhibitors, partners and 6,000 real estate pros who joined us at our BIGGEST #TRDForum yet! With a dynamic showcase floor and two stages featuring the industry's top lenders, developers and dealmakers, this year's South Florida Real Estate Forum was our most successful outing to date!
Before Jonathan Gould lost everything in hard-money lender Pride of Austin’s alleged Ponzi scheme, he thought he’d built a $1 million nest egg. Instead his money disappeared, along with $60 million from other backers that fund founder Rob Buchanan had pulled in over a decade. Ponzi schemes seem to be as much a feature of real estate as maturity dates or loan payments. It’s hard to track exactly how many Ponzi schemes occur in real estate. But the maneuver, which falls under the umbrella of investment scams in FBI reports, is a perennial problem. After Pride of Austin collapsed, Gould, now 67, was homeless for a period and relied on safety-net programs. He now hopes to find a full-time job, just as many people his age are entering retirement. "I am absolutely ruined," he told TRD's Christian Bautista, "and I’m not being dramatic for the purpose of the interview." He definitely will not fall for a scheme like this again. But someone else probably will. Read more: https://lnkd.in/ezbqtsAA
In this week’s roundup, we look ahead at Trump’s second term as president and what that means for real estate. Plus, The Real Deal continues its investigative series into the under-regulation of real estate agents, Howard Lorber admits to having intimate relationships with Elliman brokers and Florida’s new condo-hotels law shifts the power balance at mixed-use complexes. These stories and more below.
#Sponsored | The luxury condominium development 212 West 72nd Street continued its recent sales success with the achievement of more than 65% of its residences now sold. Leading this milestone is the momentous sale and closing of Residence 18G, a 2,770 square-foot, four-bedroom home that features a tranquil private terrace and sweeping Upper West Side views, asking $8.55 million. Read more in the article below.
#Sponsored | Applications are now open for the world’s “Most Exclusive Real Estate Club”, Harvard’s AMDP. The Advanced Management Development Program in Real Estate (AMDP) is Harvard’s premier advanced leadership program in real estate, where executives can become Harvard alums in just one year, with five weeks spent on campus. The new cohort begins July 2025. Learn more in the link below #HarvardAMDP #RealEstateLeaders