In the early morning of a Thursday in January, more than $17 million of funds disappeared from  the escrow account of a prominent real estate law firm in Palm Beach. Now, the law firm is suing the bank for the unrecovered funds, according to a lawsuit obtained by The Real Deal.  Attorneys Guy Rabide

Billionaire Paul Singer’s hedge fund has joined forces with a company led by former Starwood Capital Group executive Keith Evans to acquire the Mayfair House Hotel & Garden in Miami’s Coconut Grove neighborhood for $69.4 million from Brookfield Asset Management, records show. An entity tied to West

The U.S. Department of Housing and Urban Development is aiming to update definitions for manufactured housing, in a bid to make prefab homes easier to build. HUD released a proposed rule on Friday morning that would revise certain definitions of manufactured housing. The reinterpretation of the rule

Nearly 2,000 homeowners are set to receive refunds after the Federal Trade Commission announced it would return nearly $3 million to those who were defrauded by a widespread mortgage relief scheme. The refunds are tied to a February 2024 federal court ruling that found mortgage relief company Home M

Supermodel Gisele Bündchen has opened up about the ways in which her life and her fashion career changed forever when she moved to Boston with her future husband, Tom Brady, who was in the midst of a storied quarterback career with the New England Patriots. The 45-year-old fashion star opened up abo

When the National Aeronautics and Space Administration (NASA) originally pitched the International Space Station (ISS) to Congress in 1984, it assured the government that the program would cost no more than $8 billion. But by the time the station was fully operational, the total bill had ballooned t

Gwyneth Paltrow has come under furious criticism after she appeared in a video commercial for a luxury high-rise apartment building in Israel—amid the country's ongoing conflict with Palestine. Paltrow, 53, takes center stage in a new promo for 51 Park, an upscale 51-story development in Herzliya, a

Commercial real estate investor Robert Rivani sold a waterfront Miami Beach mansion for $25 million, just $2 million more than he paid roughly six months ago.  The buyer? A company led by Jose Mas of the billionaire Mas family and architect Cesar Molina, who have been working together to acquire and

SpaceX made its stock market debut on Friday, minting a fresh crop of millionaire employees who are expected to fuel a real estate boom near the company's South Texas headquarters. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public,”

The classic retirement pipeline has been established for years: Grow up in the Northeast, make your money in a place like New York, and then retire to Florida for the low cost of living and easy beach access.  But a new migration pattern is emerging. A confluence of factors have soured things a bit

Mortgage rates rose slightly this week, with the average rate on 30-year fixed home loans increasing to 6.52% for the week ending June 11, according to Freddie Mac. This 4-basis-point uptick from last week’s 6.48% shows continued minor fluctuations in borrowing costs. Compounding the rate hike for b

Another investment behemoth is headed to the 830 Brickell office tower in Miami.  Todd Boehley’s Eldridge Industries is in negotiations to lease about 8,000 square feet at the building, potentially moving from its Miami office nearby, Bloomberg reported, citing an anonymous source familiar with the

Revered British artist David Hockney has died at the age of 88, passing away "peacefully" at his longtime London home, where he continued to paint until his death. Hockney, who was born into what he described as a "radical working-class family" in the Yorkshire town of Bradford, has been hailed as o

🏆 Residential: Bal Harbour had the priciest home deal to hit records, with the sale of a vacant residential lot at 174 Camden Drive for just under $17 million. The parcel spans about 13,600 square feet and was last sold in 2023 for $6.8 million. In the most recent transaction, the seller was 174 Ca

Subsidies alone won't solve the nation's housing shortage, a top housing official says. Instead, America has to build its way out of its housing crisis. Frank Cassidy, who resigned last week as Federal Housing Administration commissioner, one of the top officials in the U.S. Department of Housing an

South Florida is a boomtown, and this time it isn't gold, cheap land, or even a pandemic luring homebuyers—it's the plethora of corporations moving in. The national office vacancy rate hovers around 17.6%, which means there's abundant office space sitting empty. But the West Palm Beach-Boca Raton ma

America has made a promise to its veterans. Their service will be honored not just in words, but in how they live long after they return home. Yet much of the national conversation around veteran housing remains focused on homelessness and affordability, while less attention is paid to whether aging

For decades, the homebuying journey followed a relatively predictable path. Buyers would visit communities, meet with sales representatives to gather information and gradually move toward a purchase decision. Today, that process looks dramatically different. Modern homebuyers move fluidly between we

A lawsuit challenging the proposed property tax exemption ballot language in Florida was filed against Florida Secretary of State Cord Byrd and Attorney General James Uthmeier.  The complaint, filed by the nonprofit Save Our Voters from Misleading Ballot Language and former South Florida mayors Thom

The staggering cost of tickets for the 2026 FIFA World Cup has caused widespread upset among soccer fans—but now, some relief is in sight after short-term rental company Airbnb vowed to give away more than 1,300 free tickets to customers who lease one of its properties during the tournament. Airbnb