Asana Partners paid $62.1 million for a shopping center anchored by Milam’s Markets and Walgreens near Coral Gables.  The Charlotte, North Carolina-based firm bought the 92,100-square-foot Red Bird Center at 5761 Bird Road in unincorporated Miami-Dade County from Red Bird Associates, according to a

A gaudy Staten Island mansion that was built for Gambino crime family boss Paul "Big Paul" Castellano has been taken off the market—one year after it was listed for the extraordinary price of $18 million. The New York property, which is located in the affluent neighborhood of Todt Hill, was commissi

For retirees eyeing Delaware as place to settle during retirement, they'll be happy to know that financially speaking, their money will go quite far. Among all 50 states, Delaware stands out as the most affordable place to live on Social Security benefits alone—provided you’ve paid off your mortgage

Planet Financial Group, the parent company of Planet Home Lending, announced two new hires this week. Rob Parsley was named senior vice president, non-agency sales and Tim Fisher was named senior vice president, non-agency lending. With a career spanning more than three decades, Parsley most recentl

The latest monthly jobs report was scheduled for release on Friday, but due to the ongoing federal government shutdown, it has been indefinitely delayed—depriving the Federal Reserve of crucial economic data needed to guide its next policy decisions. Like other federal agencies, the Bureau of Labor

NFL legend Bill Belichick has secured another buyer for his $3.9 million seaside Nantucket, MA, home—just weeks after the property was put back on the market when his first offer fell through. The 73-year-old former New England Patriots coach, who is currently in a relationship with former pageant q

NextHome Front Range has joined West + Main Homes and rebranded as the Front Range Collective team, the companies announced. The move expands West + Main Homes’ footprint in Colorado across Fort Collins and Colorado Springs — providing the team’s 28 agents with additional resources and offices in th

Pop sensation The Weeknd is reportedly in contract to buy an extraordinarily lavish $54.9 million waterfront mansion in Florida—where he will have the run of a 1.5-acre parcel that comes complete with an enormous dock capable of housing a 200-foot superyacht. According to the Wall Street Journal, th

Jobs week ended with an eerie silence, as the government remains shut down and we didn’t receive the last two major reports for the week. Given that job growth has been slowing dramatically this year, it’s time to examine what is really going on.  For me, the situation is straightforward: over the p

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the real estate lender assumed ownership and is now trying to sell it to recoup some of its costs, typica

When a listing says a property is being foreclosed on, some buyers see it as a red flag—but savvy investors know that it can actually be a sign of opportunity to capitalize on a potential deal. A foreclosure simply means the a buyer was unable to pay the mortgage, so the lender took over ownership o

A trust tied to the billionaire Bezos family is seeking approval from Coral Gables to upgrade the dock behind their prime Journey’s End compound.  Companies tied to the Bezos Family Foundation acquired two adjacent waterfront mansions in 2022 for a combined $78 million. The LLCs were linked to Amazo

Fannie Mae's latest monthly economic and housing outlook in September predicted that mortgage rates will average 6.4% at the end of 2025, and could potentially fall to 5.9% by the end of 2026. A dip below 6% could be just the push potential buyers need to return to the market in the coming year, as

A modern glass mansion on a hill that soars over the iconic Las Vegas Strip has hit the market for $6.5 million—combining the luxury of resort-style living with the glitz and glamour of Sin City. The four-bedroom, 4.5-bathroom dwelling, which was built in 2018, sits 16 miles away from the Strip in t

Compass is taking over sales for Savanna’s waterfront Olara condo project in West Palm Beach, The Real Deal has learned.  The move follows two years after the New York-based developer launched sales for the planned two-tower complex slated for 1919 North Flagler Drive with Douglas Elliman Developmen

Mortgage rates this week for a 30-year fixed loan increased to 6.34%, up from 6.3% last week, marking the second increase in the rate in several weeks. So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typi

Taylor Swift has admitted she dreams of settling down with her fiancé, Travis Kelce, in a quiet suburban neighborhood—complete with a house featuring a “driveway with a basketball hoop”—and raising a big family with children who resemble the Kansas City Chiefs tight end. The 35-year-old songstress—w

Grammy-winning singer-songwriter the Weeknd is in contract to buy a waterfront Gables Estates mansion that’s on the market for $54.9 million, sources told The Real Deal.  The Weeknd, whose legal name is Abel Makkonen Tesfaye, is buying oil recycling mogul Steven Lempera’s eight-bedroom, nine-and-a-h

Rapper Sean "Diddy" Combs has been sentenced to just over four years in prison—minutes after he broke his silence on his prostitution convictions to apologize to his victims and beg the judge in his case for "mercy." Diddy, 55, appeared in a Manhattan courtroom on Friday, where he spoke for the firs

It’s a fact of life that, for many of us, the homes we live in will outlive us. Even if we are homeowners, we have possession of these homes for only a short time. Before we pass on, it’s important to make plans to decide where our home will go—otherwise, those plans will be made for us.  For people