Southwest Florida Real Estate News and Market Insight

Lisa Hedley, the stepsister of former Treasury Secretary Steve Mnuchin, sold a waterfront Palm Beach house for $23.8 million. Records show Hedley and her husband, Walter D. Wick, sold the house at 173 East Inlet Drive to a trust named for the address and managed by Daniel P. Tighe. The true buyer is

Boeing booked 303 gross orders in May, the most since December 2023.

Douglas Elliman executive Susan de França liked an Elliman development so much, she bought a unit there.  Property records show de França, president and CEO of Elliman Development Marketing, paid $6.5 million for a condo at Alina Residences, a luxury project at 200 Southeast Mizner Boulevard in Boca

Miami-Dade County’s condo sales and dollar volume dipped in the first week of June.  Brokers closed 123 condo sales totaling $115.1 million from May 30 to June 7. The previous week, brokers closed 129 condo sales totaling $151.4 million. Last week’s units sold for an average of $935,700, lower than

Concerns about higher costs and political perceptions weighed on U.S. travel sentiment, the European Travel Commission said.

The heads of Mexico’s largest real estate investment trust, Fibra Uno, dropped $17.9 million on another condo at Sunny Isles Beach’s Estates at Acqualina. Records show Daniel Shiff sold unit TS-4205 at 17901 Collins Avenue to Estatemann South LLC, a Florida entity managed by Moises and Andre El-Mann

New York Life Real Estate Investors bought a medical office complex in Pembroke Pines for $38.3 million.  The real estate arm of insurance giant New York Life purchased Pembroke Pines Medical Plaza at 400, 500, 600 and 700 North Hiatus Road from an affiliate of Aventura-based Triarch Capital Group,

Amazon billionaire Jeff Bezos could soon have a new neighbor in Indian Creek.  The lot next door to Bezos’ property, asking $130 million, is in contract to sell to an “international finance executive” for $110 million, the Wall Street Journal first reported.  The pending sale of the site at 9 Indian

Crescent Heights sold its headquarters in Miami’s Edgewater to Trilogy Real Estate Group for $41.9 million, The Real Deal has learned.  Chicago-based Trilogy, led by Neil Gehani and Ian Kok, plans a mixed-use project with condos and apartments on the 2-acre property at 2200 Biscayne Boulevard in Mia

West Elm | Wynwood | Miami  West Elm will open at the Dorsey mixed-use building in Miami’s Wynwood.  The furnishings brand leased more than 12,000 square feet at the 12-story building at 286 Northwest 29th Street, according to the landlords’ news release.  The store is expected to open in the second

Ari Pearl’s PPG Development and BH3 Management plan to convert a luxury apartment tower in Hallandale Beach to Mondrian-branded condos.  The developers announced they plan to convert Slate, a 26-story, 250-unit rental building at 101 Diplomat Parkway into Mondrian Hallandale Beach Residences. The bu

Real estate brokerages have faced their fair share of challenges over the past year — from legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. With all of these changes and challenges many wonder if we are on the precipice of a b

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus. In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the C

Everyone in Miami Beach knows who the Robins family is, led by the late Jerry Robins, who helped shape the city’s skyline.  His death in the fall of 2022 triggered a family fight over his kids’ inheritance and the value of their father’s estate.  In The Real Deal’s latest issue, Francisco Alvarado d

Luxury home developer Todd Glaser teamed up with oil trader Mark Fisher and developer Ron Simkins to create a patented kit that consumers and contractors can install to prevent water intrusion through sliding glass doors.  Fisher teamed up with Glaser after Hurricane Irma struck Florida as a Categor

The aviation industry is facing a retirement wave of workers who make and fix airplanes.

One of the most encouraging data points for 2025 so far is that new listings have finally emerged from a two-year slump, exceeding 80,000 per week during the seasonal peak period. The question is: Have we already seen the highest new listings print for the year? We are currently in the seasonal peri

Capital One was the latest company to issue new restrictions on getting into airport lounges.

Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday. The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Th

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate.Here’s what happened this week:Robert Reffkin touts Compass’s AI platform, agent advocacy effortsCompass is preparing to launch a new AI