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March 20, 2019

Fort Lauderdale Gives David Beckham OK For Soccer Stadium

David Beckham has scored a breakthrough in his quest to bring MLS soccer to South Florida.

Fort Lauderdale Gives David Beckham OK For Soccer Stadium

Beckham and a group of investors have almost succeeded in bringing a Major League Soccer team to Miami, but their proposed 25,000-seat stadium won't be built for a few years. In the meantime, they asked to play their 2020 and 2021 seasons in Fort Lauderdale's long-abandoned Lockhart Stadium. But a…

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After 35 Years With No Beachside Building, Delray Hotel Will Be Demolished For Ultra-Luxury Condos
After 35 Years With No Beachside Building, Delray Hotel Will Be Demolished For Ultra-Luxury Condos  

It’s been 30-odd years since any new development has been allowed directly on the ocean in Delray Beach, but city commissioners gave final site plan approval to an "ultra-luxury" project by co-developers National Realty Investment Advisors and US Construction last week.Wright by the Sea, a two-story, garden-style hotel built in…

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JLL To Buy HFF For $2B
 

By the end of this year, the real estate services industry will see a major consolidation.

JLL has agreed to acquire HFF for $2B, the companies said in a statement. The cash and stock transaction will close in the third quarter, subject to HFF shareholder approval and customary closing conditions, including regulatory review. 

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With Rising Demand From Boomers, Senior Housing Developers Shift To More Urban Projects
With Rising Demand From Boomers, Senior Housing Developers Shift To More Urban Projects  

Gone are the days of sleepy, gated retirement communities in secluded, suburban settings. Millions of baby boomers reaching retirement age today are demanding a more urban style of living, and developers are beginning to respond. 

"One of the things we're seeing with the population over 65 is they want to stay in the heart of their community," Mather LifeWays Senior Vice President Gale Morgan said. "Boomers are saying 'I want ease of access, I don't want to have to get in my car to go…

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Not All Building Owners Think WeWork Is A Good Deal
 

DENVER — WeWork continues to gobble up space in metro Denver, making it the largest user of office space in town, but not all building owners welcome the coworking behemoth with open arms. 

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Google NYC Real Estate Head On Why It Has Succeeded Where Amazon Flopped

Amazon’s abrupt decision to kill its HQ2 in New York raised questions about how big corporations can successfully expand in major cities. The key to doing it right, as far as tech behemoth Google is concerned, is forming partnerships, and lots of them.

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