Luxury is an experience not a price point
Developers buy Venetian Islands lot for $16M, plan $62M spec estate

Spec developers Ricardo Halfen and Matthew Rosenblatt dropped $15.8 million on a waterfront lot on the Venetian Islands, where they plan to build a $62 million estate, The Real Deal has learned. The pair bought the half-acre property at 1141 North Venetian Drive in Miami Beach from an LLC named for
Read MoreTexas independent brokerages join Compass

Compass continues to welcome agents to the firm, this time via two independent brokerage integrations in Texas. Vista Real Estate and Halo Group Realty are joining Compass, according to an announcement on Thursday. Vista Real Estate serves clients in central Texas and has more than 60 agents, while
Read MoreOne ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

President Donald Trump’s One Big Beautiful Bill Act is about to become law.The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legisla
Read MoreSurvey: Down payment concerns delay homeownership for many

Despite strong interest in home-buying, affordability challenges and misconceptions about down payments are deterring many potential buyers, according to a new survey from NeighborWorks America.The nonprofit organization reports that 27% of U.S. adults say they plan to buy a home within the next yea
Read MoreCentury 21 expands in North Carolina with new rural affiliation

Century 21 Real Estate is expanding its footprint in northeastern North Carolina through the affiliation of Carolina Land and Home Realty — a full-service brokerage based in Ahoskie.The office will now operate as Century 21 Land and Home Realty.Broker-owner Clay Revelle, a native of Northampton Coun
Read MoreLeadingRE adds The Training Academy to preferred vendor program

Leading Real Estate Companies of the World (LeadingRE) has added The Training Academy LLC to its Solutions Group — a curated program of preferred business resources available to its global network of 550 real estate firms.The Training Academy, based in Florida and led by founder Dan Elzer, provides
Read MoreAfter departing First American, Kevin Wall lands CEO role at Title Resources Group

Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors.J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board.Wall brings more than 30 years of experience in title in
Read MoreCornerstone Capital Bank and Tresidio Homes announce joint venture

Cornerstone Capital Bank and Tresidio Homes on Thursday announced the launch of Table Rock Mortgage, a joint venture mortgage brokerage.The new Idaho-licensed brokerage will provide mortgage services to local homebuyers “with goals of promoting affordability and streamlining the mortgage process for
Read MoreAre seniors getting reduced Social Security or a tax break?

Up to 2 million Americans could see their Social Security payments reduced by 50% in late July as the Social Security Administration (SSA) is cutting payments to recoup the billions of dollars it overpaid to some Americans in recent years.In April, the SSA announced that it would begin recovering ab
Read MoreNew York developers plan 75-key boutique hotel in Fort Lauderdale Beach

A New York City-based development team plans to build 42 Hotel, a 15-story, 75-key hotel in Fort Lauderdale Beach. The developers, who won site-plan approval for the boutique hotel development on Monday, expect to open 42 Hotel in 2027. The aim is to attract mostly leisure travelers, and charge them
Read MoreTrial for Alexanders’ alleged accomplice Ohad Fisherman starts next week

Real estate broker Ohad Fisherman’s trial is set to begin next week, after the judge overseeing the state’s sexual battery case against Fisherman and twin brothers Oren and Alon Alexander denied their motion to dismiss. Miami-Dade state prosecutors’ case against Fisherman hinges on the alleged rape
Read MoreAirlines face investors after strong— but cheaper — July 4 holiday

Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty.
Read MoreThese projects will bring more density to Miami’s Little Haiti and Little River

Miami’s Little Haiti and Little River are where generations of working class immigrants, predominantly from Haiti, have planted roots and seasoned the area with Caribbean flavor. A stretch on Northeast Second Avenue between 54th Street and 71st Street is like driving through Port-au-Prince. Storefr
Read MoreSummer slowdown: Broward weekly condo sales drop to $21M

Broward County’s condo sales and dollar volume dropped in the last week of June. Brokers closed 65 condo sales totaling $21.2 million from June 23 to June 29. That’s down from 120 condo sales totaling $35.2 million the previous week. Last week’s units sold for an average of $326,772, higher than th
Read MoreWitkoff sells waterfront North Bay Road lot for $24M, marking a ppsf record in Miami Beach

The Witkoff Group sold a waterfront North Bay Road lot for $24.3 million, marking a price per square foot record for land in Miami Beach. A subsidiary of the real estate firm founded by Steve Witkoff sold the 0.4-acre property at 4766 North Bay Road in an off-market deal. The buyer is the same enti
Read MoreSouth Florida shopping center spree continues with $18M Broward sale

Investors can’t get enough of South Florida shopping centers these days. The latest deal features SouthEast Properties selling a Davie retail plaza it developed more than a quarter of a century ago for $17.8 million. An affiliate of Deerfield Beach-based SouthEast, led by Jay Geiserman, sold Davie
Read MoreClear CEO Caryn Seidman Becker on future of identity verification technology in daily life

Clear has helped travelers move through airport security lines faster. Now it sees a future where it helps with ID verification at work and the rest of society.
Read MoreTech couple sells Venetian Islands mansion for record $46M

Tech moguls Tom and Patricia Kennedy sold their waterfront Venetian Islands mansion for $46 million, making it the most expensive home ever sold in the Miami Beach neighborhood. Records show the Kennedys’ 55 E San Marino Dr LLC, a Florida entity, sold the mansion at 55 East San Marino Drive to Hibis
Read MoreBrokerage wars: Serhant lands Palm Beach office, trophy listings

Just weeks after some blockbuster dealmaking in Palm Beach, Ryan Serhant is opening an office on the island. Serhant signed a lease for an office at 324 Royal Palm Way in Palm Beach, the firm’s Palm Beach agent Gary Pohrer confirmed. The move comes two years after Serhant expanded to Florida with o
Read More411 Pain mogul sells second lakefront Southwest Ranches mansion

The founder of 1-800-411-PAIN, a for-profit attorney referral hotline for victims of accidents, sold the second of two “twin” Southwest Ranches mansions for $15.5 million. Robert Lewin, the chiropractor who founded the now-defunct hotline, and his wife, Lisa Lewin, sold the 4.8-acre estate at 13001
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