Commercial real estate investor Robert Rivani paid $23 million for a waterfront Miami Beach mansion, The Real Deal has learned. Rivani, who leads his Miami-based firm Rivani, formerly called Black Lion, plans to spend millions of dollars to renovate the 9,200-square-foot mansion at 16 Palm Avenue, according to sources. Rivani lives in Miami’s Morningside and … Read more
A New Jersey home is drawing attention for its price tag. The 22,000-square-foot estate that was recently sold for $6 million became the highest-priced home ever to sell in Wall Township. The listing agent, Sal Ventre of REAL Brokerage, calls the incredible property “a residential resort.” Wall Township is a suburban town about an hour’s … Read more
White House press secretary Karoline Leavitt has opened up about her “unusual” marriage to real estate investor Nicholas Riccio—revealing the “challenging” moment she told her parents that she was in a relationship with a man 32 years her senior. Leavitt, 28, who is the youngest White House press secretary in history, shared a glimpse inside … Read more
Real estate investors scouring affordable metros in search of bargains they can rent out at a healthy profit margin are reshaping those markets—and small-scale landlords continue to crowd out larger players. The U.S. investment landscape is increasingly divided: In high-priced Western and coastal states, such as Montana and California, deep-pocketed aspiring landlords are willing to … Read more