Luxury is an experience not a price point
Wellness-focused Coral Gables condo project nabs $68M construction loan

Constellation Group and the Boschetti Group scored a $67.5 million construction loan for a wellness-focused condo project in Coral Gables two months after breaking ground. BHI provided the financing for Cora Merrick Park, a 74-unit luxury condo development at 4241 Aurora Street, across from Shops a
Read MoreAirlines find the grass isn't always greener with new engines

Airline CEOs complained that manufacturers aren't making enough of their engines and that they're falling short on reliability.
Read MoreTop agent Kris Zacuto joins Christie’s International Real Estate Southern California

Christie’s International Real Estate Southern California has expanded its presence in the Silicon Beach and South Bay luxury markets with the addition of luxury real estate adviser Kris Zacuto as director of luxury estates. Zacuto brings more than a decade of experience in luxury real estate and mor
Read MoreMiami commission to revisit $80M plan to redevelop neglected Virginia Key marinas

Miami commissioners could breathe new life into a waterfront redevelopment plan that’s been tied up in lawsuits and political fights for nearly a decade. The Miami City Commission will determine at its meeting on Thursday whether to have residents vote on an $80 million proposal to redevelop the Vir
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Gymnast Simone Biles has revealed that she "almost" died from an undisclosed medical emergency that she suffered while her husband, NFL player Jonathan Owens, was away from their Texas home training with the Indianapolis Colts. Biles, 29, opened up about the mysterious health scare in a post on her
Read More Sotheby’s International Realty names Marissa Ghesquiere regional president

Marissa Ghesquiere has been appointed as regional president for the East Coast and Central regions at Sotheby’s International Realty Inc. It’s a newly created role for the firm in which Ghesquiere will oversee brokerage operations across several key markets while continuing to lead the firm’s East S
Read MoreThieves Steal Tiny Home, Leaving Kentucky Couple Homeless

When a Kentucky couple recently got home from an out-of-state work trip, they found their home was gone—literally. But it wasn't a tornado or fire that wiped out their house—their tiny home had been stolen from their property by bandits who towed it away hastily in the night. Part-time handyman and
Read MoreHow Nicholas Hartigan helps turn strategy into execution

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re highlighting past Insiders honorees whose leadership, innovation and behind-the-scenes contributions continue to shape the housing industry. The HousingWire Insiders award recognizes the operational leaders, problem-solvers and
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Nearly a week after the California primaries, a fierce battle has broken out for the final spot in the Los Angeles mayoral runoff election, with former reality TV star Spencer Pratt and City Council Member Nithya Raman now locked in a neck-and-neck race. The morning after the nonpartisan June 2 vote
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To see our latest updates on the Nancy Guthrie case, please click here. "Today" show host Savannah Guthrie has lifted the lid on her difficult return to the morning show—admitting that she faces a daily struggle to "hold it together" on air while her mother, Nancy Guthrie, is still missing. More tha
Read More Boschetti finds buyer for $20M Venetian Islands home

The developer of a spec home on the Venetian Islands entered into a contract to sell the property, asking nearly $20 million. The pending deal is one of the 21 luxury home contracts signed in Miami-Dade County between June 1 and June 7, according to the weekly report by Douglas Elliman’s Eklund-Gom
Read MoreUnited CEO brushes off airline mergers after American rejection: 'There's nothing'

When asked about a wave of consolidation among airlines, Kirby said further combination opportunities look unlikely: "There's nothing."
Read MoreReal estate powerhouse Frisbie Group navigates string of setbacks

Developers don’t always get what they want in South Florida, as the Frisbie Group has been reminded this year. Months after redevelopment plans unraveled for a Palm Beach assemblage anchored by the former IberiaBank building at 180 Royal Palm Way, the firm and its partners sold the properties to CS
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HGTV Star Christina Haack is preparing to put her sprawling Tennessee farmhouse back on the market for $4.5 million—just over one year after she removed the property from the selling block amid her bitter divorce from ex-husband Josh Hall. The 42-year-old TV personality's Franklin, TN, home has reap
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Actor Alec Baldwin and his wife, Hilaria Baldwin, have cut another $1 million from the asking price of their longtime Hamptons home—just six months after listing the property for $21 million. The Baldwins have made multiple attempts to sell the expansive Amagansett, NY, property over the years, begi
Read More Developer seizes on affordable, workforce market with condos, townhomes

Developer Ellen Buckley plans 93 homes at below-market sale prices in two Miami-Dade County projects, amid South Florida’s affordable housing crunch. Prospera Real Estate Collective –– led by Buckley, a former VP and director of development at Terra –– wants to develop a five-story, 56-unit condo bu
Read MoreCelebrate the Art of Shelling in Sanibel

Enjoy the 2nd Annual Shell & Swap at The Sanibel Recreation Center June 19. Photo courtesy of iStock Celebrate National Seashell Day at the 2nd Annual Shell & Swap, hosted at The Sanibel Recreation Center June 19, from 11 a.m. to 1 p.m. This free, community-driven gathering invites shell enthusiasts
Read MoreSouth Florida’s top deals: Miami Beach estate sells for $24M

🏆 Commercial: The top home sale recorded in South Florida was in Fort Lauderdale, where an industrial property at 3600 Northwest 54th Street traded for $17.2 million. The seller was an affiliate of Pennsylvania-based Link Logistics, which acquired the roughly 66,000-square-foot property in 2017 for
Read MoreAirline profits set to halve this year as fuel costs jump by $100 billion: IATA

"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.
Read MoreSold in Secret, Taxed in the Dark: Why Off-Market Home Sales May Be Raising Your Property Taxes

Your neighbor’s home sale generates valuable information that can help determine your home’s value, even your property tax bill. But what happens when that home is sold in secret? It’s an overlooked question inside the national fight over private listings—a debate that has inspired laws restricting
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