Movers & Shakers: Corcoran Poaches Elliman’s Investment Sales Head

South Florida real estate firms are in growth mode.  Corcoran Group poached Sam Gaita from Douglas Elliman to launch a Miami-based investment sales division, the brokerage announced. Gaita spent more than 12 years at Elliman, where he also launched the brokerage’s investment sales division. In his new role as global investment sales advisor, he will […]

The End of NYC’s New Development Drought Is Here, Brokers Say

Despite anxiety over higher interest rates, New York City’s new development got a new wind in May.  The spring month is typically a seasonal peak, but activity exceeded some brokers’ expectations — especially following the high mortgage rates and bank failures that plagued sales in April. “April was one of those months that was very, […]

Jeff Blau Calls Houston Real Estate “Terrible Market”

Jeff Blau, CEO of Related Companies, had some choice words about the Houston real estate market in a recent interview with The Real Deal, in which he detailed the New York-based company’s expansion into the Texas market, save for Houston.  “I actually think it’s a terrible market. It’s so concentrated on one industry — oil […]