Luxury is an experience not a price point
Kushner scores $115M construction loan for Surfside project

Kushner Companies nabbed a $115 million construction loan for a luxury apartment development it is building in Surfside, The Real Deal has learned. New York-based Kushner, led by CEO Laurent Morali and President Nicole Kushner Meyer, secured the financing from Arbor Realty Trust’s Arbor Realty SR,
Read MoreLenders bullish on spec home development in South Florida, as buyer demand remains strong

Developer James Curnin sold his waterfront La Gorce Island mansion for $60 million, after he and his wife, Jennifer, spent about four years building the Miami Beach estate. Selling the home wasn’t part of the plan, but brokers were “constantly reaching out,” and then the right offer came in. The sa
Read MoreCaviar and privacy: Airlines' business-class wars are here

American and United are revamping their international business class
Read MoreSouth Florida by the numbers: Buyout buzz

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. In the wake of the tragic Champlain Towers collapse, Florida legislators overhauled the state’s condo laws to mandate much stricter financial and structural oversight. Many
Read MoreBroward weekly condo sales drop to $26M

Broward County’s condo sales and dollar volume fell last week. Brokers closed 89 condo sales totaling $25.6 million from May 17 to May 25. The previous week, brokers closed 115 condo sales totaling $41.4 million. Last week’s units sold for an average of $287,503, lower than the $325,860 average pric
Read MoreTexas bill aimed at NAR speech code fails to advance

A Texas bill that aimed to prohibit professional and trade associations like the National Association of Realtors (NAR) from denying membership based on protected characteristics or what’s perceived to be free speech failed to advance in the state legislature Wednesday, according to Inman.Senate Bil
Read MoreThe trade war is rattling global business travel — 4 charts show how

Optimism in the global business travel sector dropped by more than half this year, according to a report published by Global Business Travel Association.
Read MoreDOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval

The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms.In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will p
Read MoreHUD OIG reveals ongoing reverse mortgage oversight priority

In compliance with a 1978 law that requires government agency watchdogs to provide semi-annual reports on their activities, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) published its report on Tuesday.While there were no new indications of scrutiny
Read MoreSERHANT. adds top agent in Florida expansion

SERHANT. has expanded its footprint to Palm Beach Island, Florida, with the addition of Gary Pohrer, a top-producing agent and longtime local resident.Pohrer, who has closed more than $2.5 billion in career sales, brings more than two decades of experience in the luxury real estate market. That incl
Read MoreNew Jersey seniors seek out home modifications to age in place

With aging-in-place preferences generally dominant among older Americans, some cities and states are putting these preferences into action by providing additional support for people who want to remain in their homes. In New Jersey, these can range from tax incentives and veterans benefits to Medicai
Read MorePhiladelphia lawmakers advance ordinance to speed affordable housing construction

In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing.The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effo
Read MoreZillow: Northeast housing competition heats up while Sun Belt offers breathing room
As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow.The analysis released Thursday shows a stark contrast between markets. In cities like Buff
Read MoreWhiplash: As second court orders halt to tariffs, appeals court keeps them in place

Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authorit
Read MoreTrump to Powell: It’s a ‘mistake’ to not lower interest rates

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates.During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House
Read MoreSSA launches sales for short-term rental-friendly Coconut Grove condos

Venezuelan developer SSA Group is launching sales for a planned short-term rental-friendly condo project in Coconut Grove. The firm, led by founder Maximo Sacchini, is planning the three-story, 16-unit Roble One at 3069 Plaza Street in Miami, according to a press release. Sacchini tapped Compass’ O
Read MorePotential homebuyers are waiting for prices to fall
Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report.Further analysis of the report, conducted by the Bank of America Institute, shows that three in
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Raoul Thomas’ troubled CGI Merchant Group sold 65 distressed commercial units in a Coral Gables mixed-use building for $28.5 million, staving off a pending foreclosure, The Real Deal has learned. Miami Beach-based Elysee Investments, led by CEO Haim Yehezkel, bought the units, consisting of retail
Read More Aconcagua proposes 239-unit multifamily project in Naranja

Aconcagua proposes a 239-unit multifamily project in Naranja, amid continuing development in south Miami-Dade County. The Brickell-based firm wants to build a seven-story building with 4,500 square feet of retail and a two-story parking podium on the 3-acre vacant site on the northeast corner of So
Read MoreBoeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing's airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said.
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