On Thursday, the U.S. Senate confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) in a 50-45 vote.The confirmation marks another Trump administration appointee who supports more lenient oversight of the banking sector and a more welcoming stance toward cryptocurren

In 2020, Arlene Kohen, an 89-year-old widow, moved into Harborside, a luxury continuing-care retirement community in Long Island, New York. She paid a $945,000 entrance fee and $5,700 per month, with Harborside promising to refund 75% of the entrance fee upon death or departure.But after struggling

Gateway at Wynwood technically has a new owner, but a last-minute buyer offering to pay more could end up with the distressed Miami mixed-use building. A10 Capital, as special servicer for a commercial mortgage-backed securities loan allegedly in default, won the property at 2916 North Miami Avenue

Midtown Capital Partners proposes a 348-unit Live Local Act tower in Miami’s Little River, amid a flurry of project applications under the state’s affordable housing law.  The firm wants to build a 22-story tower with ground-floor retail and amenities on a 1.3-acre site at 7501 and 7553 Northeast Se

Broward County’s condo sales and dollar volume held steady during the July Fourth holiday week. Brokers closed 66 condo sales totaling $21.3 million from June 30 to July 6. The previous week, brokers closed 65 condo sales totaling $21.2 million.  Last week’s units sold for an average of $322,508, lo

The U.S. office market posted its fourth consecutive quarterly decline in vacancy rates, signaling strong recovery momentum. Vacancy fell to 23.2 percent in the second quarter, dropping 15 basis points from the prior quarter, according to Avison Young’s quarterly office market report. Available spac

The Faroe Islands launched an unusual way for travelers to explore the archipelago — road trips where travelers aren't told where they're going.

Brandi Lewis, a prominent Atlanta-based real estate agent, has rejoined Keller Williams as of July 1, affiliating with Keller Williams Realty West ATL.Lewis, who began her real estate career with Keller Williams, has been appointed as director of luxury at the brokerage. The firm includes more than

Compass has added The Korman Group — a high-performing real estate team led by Michael Korman — to its South Florida operations.The group will base its work out of Compass’s Boca Raton office, with operations extending into Miami, Fort Lauderdale, Palm Beach and Jupiter.Korman, who previously served

Miami-based Atlas VMS on Wednesday announced the acquisition of appraisal order management platform AIM-Port. Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).“The acquisition of this

Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach.  Tel Aviv-based Bank Hapoalim provided the financing, which was arranged by a Berkadia team led by Scott Wadler and Michael Basinski, according to a press

Michael Swerdlow is lining up another public-private partnership with Miami-Dade County that would entail the development of a $295 million mixed-use project on 37.7 acres near Miami’s Liberty City neighborhood.  On Tuesday, the Miami-Dade County Commission housing committee approved a resolution di

RentSpree has partnered with Hive MLS to integrate rental application and tenant screening tools directly into Hive’s multiple listing service platform. The new integration will be available at no cost to Hive MLS subscribers in Georgia, North Carolina and South Carolina. Hive MLS services more than

Compass is welcoming a new regional vice president for its Louisiana and Mississippi region. David Favret is joining Compass in this role, according to an announcement on Wednesday. Favret most recently served as the managing broker at Rêve Realtors, but has previously served as a broker at Latter &

The National Association of Realtors (NAR) is once again seeking to dismiss allegations brought by former employee Roshani Sheth in her ongoing discrimination lawsuit against the organization.NAR filed another motion to dismiss the suit on Tuesday. This filing deals with Sheth’s second amended compl

Central Asia’s largest developer, Kazakhstani firm BI Group, is partnering with Habitat Group on three mixed-use condo projects in Brickell and is looking for more development opportunities in Miami.  BI Group is a roughly 50 percent partner in the planned short-term rental friendly condo developmen

The housing industry is currently rife with consolidation, but the same wave of mergers and acquisitions has not taken the multiple listing service (MLS) sector by storm. Over the past two decades, the number of MLSs across the country has greatly decreased. As recently as a decade ago, there were m

The U.S. faced a shortfall of 4.7 million homes in 2023 — the largest housing deficit on record — according to a new Zillow analysis of U.S. Census Bureau data.Persistent inventory shortages continue to drive the national housing affordability crisis, limiting access to homeownership and forcing mil

Private equity firm GTCR announced on Tuesday that it has made a significant investment in national real estate analytics and data solutions company Clear Capital.As part of the investment, GTCR is partnering with Clear Capital co-founder and CEO Duane Andrews. The transaction represents Clear Capit

T2 Hospitality bought a 163-key oceanfront hotel in Lauderdale-By-The-Sea for $36.6 million.  The Newport Beach, California-based firm purchased Plunge Beach Resort Hotel from an entity managed by Oleksandr Naumyk and Liubov Tereshko, according to records and real estate database Vizzda. T2 Hospital