Karim Alibhai’s Gencom and Edgardo DeFortuna’s Fortune International Group are teaming up to combine two Key Biscayne waterfront sites, consisting of a Ritz-Carlton hotel and a private beach club. The partnership, led by Miami-based Gencom, secured a $300 million loan from New York-based Blackstone

When looking at the fastest-growing state populations for residents 60 and older, Colorado is not at the top of the list, but it’s close. Outstripped only by Alaska and Wyoming, respectively, Colorado and Oregon have seen their shares of older residents increase by 1.9% between 2013 and 2023.This ha

Pacific Sotheby’s International Realty has appointed Martha Mosier as its new president, the brokerage announced Monday.Mosier — a longtime figure in southern California’s real estate industry — previously served as president and general counsel at Berkshire Hathaway HomeServices California Properti

The secretaries of the U.S. departments of Housing and Urban Development (HUD) and the Interior (DOI) journeyed to southern Nevada in an effort to highlight the Trump administration’s plan to sell federal lands to private developers for the purposes of housing development.Joined by Nevada Gov. Joe L

What you might have heard about Ginnie Mae is simply rumor, according to Joe Gormley, the government-owned company’s executive vice president and chief operating officer. Gormley says that Ginnie Mae has adequate staffing to fulfill its mission, has no plans to shrink the size of issuers and further

To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire, and it’s been tremendously

Envision Cold made its first Florida commercial real estate play, paying $47.2 million for a freezer facility complex in West Little River. An affiliate of Atlanta-based Envision Cold, led by Eric Diaz, Stephen Draper, and Austin Solem, acquired three cold storage warehouses spanning 187,122 square

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors out of tens of millions of dollars.According to lawsuits and ProPublica interviews with alleged victims, Charle

Servant leadership is more than a lazy LinkedIn buzzword cooked up by corporate PR teams. It’s a crucial reason why new school brokerages like The Agency and Real outsold Keller Williams last year. If you want to scale your team or brokerage in 2025, lead by example, or get left behind.Not convinced

As temperatures rose outdoors last week, surpassing 90 degrees, the number of signed luxury contracts fell.  Still, buyers signed nearly a dozen contracts for pricey deals in Miami-Dade County, led by a waterfront home on Key Biscayne asking $19 million.  Buyers signed 11 contracts between May 12 an

Quest Workspaces, Florida agencies, Alva Manufacturing, more | Doral  A flex office provider, Florida state agencies and a pipes company are among tenants that leased at Doral Center.    Co-working provider Quest Workspaces now leases 38,100 square feet, after expanding its existing space by 14,600

For the first time in more than 20 years, a new oceanfront condo project is proposed for the island of Palm Beach. Vlad Doronin’s OKO Group and Cain International presented plans for an Aman Resort-branded, three-building, 49-unit complex during the Palm Beach Town Council’s Development Review meeti

South Florida real estate firms made big moves in the latest roundup of hiring news.  Barry Sternlicht’s Miami Beach-based Starwood Capital Group named Goldman Sachs alumnus Nora Creedon as CEO of its REIT division, according to a press release. Creedon is succeeding Sean Harris in the role, which w

Living in a condo, Florida Rep. Vicki Lopez says, is “super expensive.”  Long viewed as a more affordable option to single-family homeownership, condo living in the state has become unsustainable for many. At law firm Bilzin Sumberg’s development conference last week, Lopez talked about the harsh re

Trump blasted Walmart after the retailer warned it would raise prices due to tariffs.

Terra proposes a 724-unit Live Local Act project on land at South Dade Government Center that it leased from the county through a no-bid deal.  The Coconut Grove-based firm wants to build a two-phase project on a 12-acre site at 10710, 10750 and 10800 Southwest 211th Street in Cutler Bay, according

Coastal Homes, the luxury custom home builder arm of Coastal Construction, sold a waterfront site on Fisher Island for $42.5 million.  Property records show Coastal Homes of South Florida sold the 1.1-acre property at 6901 Valencia Drive to Villa One Fisher, a Wyoming LLC. The true buyer is hidden. 

Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

After nabbing a $38.8 million construction loan, Codina Partners is gearing up to build the last retail piece at Downtown Doral. Miami-based Ocean Bank provided the financing to an affiliate of Coral Gables-based Codina that is developing 25,000 square feet of retail and 932 parking spaces on Northw

AI agents, from Google to OpenAI to Expedia, are set to upend travel planning at a level that hasn't occurred since the rose of mobile internet.