Southwest Florida Real Estate News and Market Insight

Indianapolis-based apartment developer Milhaus started building an apartment project in Manatee County, Florida, under the state’s Live Local Act after securing its funding earlier this year. It may be one of the few to be built in the county, next to Sarasota, under the law, until lawsuits over a m

Palm Beach County officials are pressing pause on new data center proposals as they decide how to regulate one of the fastest growing asset classes in commercial real estate.  County commissioners voted Tuesday to advance a temporary law halting data center applications and immediately prevent devel

Music producer Jack Antonoff and actress Margaret Qualley have reportedly called it quits on their "rocky" three-year marriage—and insiders are now alleging that the rift in their relationship began with a struggle to balance their demanding careers with their lives at home. Antonoff, 42, who is per

Orlando developer Chuck Whittall is under contract to buy out the owners of a waterfront co-op building in West Palm Beach, The Real Deal has learned.  Whittall, founder and CEO of Unicorp National Developments, could pay close to the asking price, roughly $200 million, for the 140-unit La Fontana a

Before New York City voted to freeze rents for more than 1 million rent-stabilized apartments, one member of the Rent Guidelines Board tried to make a point about the buildings themselves. “As the owner’s representative, my primary concern is ensuring that rent-stabilized buildings...” Maksim Wynn b

Moishe Mana’s hunger for Wynwood properties took another forkful, as he recently bought a building leased to Pastis Miami for $24.5 million. Mana, Wynwood’s largest landowner, acquired a ground lease and a single-story 13,000-square-foot building at 380 Northwest 26th Street, Tony Arellano and Devli

[Editor’s note: This is the second of a two-part article in the aftermath of filings this week from Dream Finders Homes and Beazer Homes, as Dream Finders pursues Beazer as an acquisition target. Here’s the link to Part 1].  The surface question in the Dream Finders Homes–Beazer Homes takeover conte

Short-term rental giant Airbnb has shelled out a whopping $81.5 million for an infamous New York City building that gained widespread attention when scammer Anna Delvey tried to lease it as the headquarters for her so-called social club. The San Francisco–based company has revealed itself as the buy

Federal Reserve Chair Kevin Warsh has named the leadership and objectives of new task forces he is convening to reshape the way the central bank conducts monetary policy. Warsh on Thursday announced five new task forces to examine different aspects of the Fed's mission, each led by prominent and hig

In Salida, a small town in Central Colorado with about 6,000 residents, a long-vacant property serves as a reminder of the community’s past while offering a glimpse into the future.  Cleora, a small railroad town established in 1880 in what is now the Salida area, served as an early settlement in th

Chicago-based mortgage lender Rate announced on Thursday that more than a dozen loan officers have joined the company from California-headquartered New American Funding (NAF), bringing “nine figures in production volume with them.” The group includes 14 loan officers: Lori Crabb, Maria Castorena, Co

South Florida developers landed $368 million in financing this week as lenders backed a mix of commercial projects across the tri-county region.  Argentine developer HA Emprendimientos secured one of the biggest loans recently with a $111 million construction loan for the development of a luxury mul

The Federal Reserve on Thursday outlined a slate of five new task forces led by prominent academics and business leaders. They will scrutinize how the central bank communicates, manages its balance sheet, interprets data, evaluates productivity and jobs, and responds to inflation. The initiative, de

High mortgage rates may have put a damper on growth in the short-term rental market in recent years, but in a twist of fate, they appear to be boosting bookings and profits for longtime hosts. Mortgage rates above 6% have drastically slowed new investment in short-term rental (STR) properties, limit

Tabani Group, a Dallas-based investment firm, is the buyer that dropped $25.7 million for the Wynwood Jungle, a Miami retail complex that’s entangled with tenant lawsuits.  Robert Rivani, through two affiliates, sold the nearly 39,000-square-foot plaza at 43-75 Northwest 23rd Street last month, whic

Tennis sensation Coco Gauff's history-making run at Wimbledon came to an end after she was defeated in the semifinal round by Czech player Karolína Muchová in a nail-biting tiebreaker. When Gauff, 22, secured her spot in the penultimate round of the tournament—by defeating her countrywoman Jessica P

Bright MLS is set to implement a series of rule updates later this summer designed to give agents more options and sellers greater control over property data. Changes also establish new protections around the use of listing information in artificial intelligence (AI) applications. Other moves includ

Finding an affordable home can feel increasingly out of reach for many prospective buyers, especially those in the middle-income bracket. While the housing market is showing signs of improvement, the reality for many is a persistent struggle to find properties that align with their budgets. A recent

Three housing organizations sent a letter this week to leaders at Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), regarding pending changes to condominium lending rules through the government-sponsored enterprises (GSEs). On July 8, the Community Home Lenders

Savor ice cream sandwiches across Naples in honor of National Ice Cream Sandwich Day August 2. Photo courtesy of iStock Just when summer’s relentless heat is wilting our spirits, along comes National Ice Cream Sandwich Day. On August 2, lovers of the luscious eat-your-ice-cream-and-cookie-too can ce