Luxury is an experience not a price point
Baptist Health plans to expand, pays $40M for ground lease and dev site
Baptist Health South Florida is expanding its real estate holdings after acquiring a ground lease in Palm Beach County and a Broward development site for a combined $40 million. In the larger deal, Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $26 million for the ground lease of a
Read MoreTexas AG under scrutiny for potential mortgage fraud
Texas Attorney General Ken Paxton and his wife, Angela — who own three homes in Texas — are facing similar accusations of mortgage fraud as the ones President Donald Trump levied against Sen. Adam Schiff of California and New York AG Letitia James.According to records assessed by The Associated Pres
Read MoreSouth Florida residential sales nosedive in June
South Florida’s residential market has been slowing for months, and June was no exception. Sales fell in June, year-over-year, as dollar volume for Miami-Dade, Broward and Palm Beach counties dropped to $4.8 billion from $5.3 billion in June of last year, according to Multiple Listing Service data
Read MoreMediaAlpha founder Eugene Nonko drops record $51M on oceanfront Delray Beach estate
Eugene Nonka, the co-founder of MediaAlpha, and his wife dropped a record $51.1 million on an oceanfront Delray Beach estate. Records show Eugene and Olga Nonka’s Pietra Land Trust bought the mansion at 2325 South Ocean Boulevard from eyecare mogul Massimo Musa. It is the most expensive home ever so
Read MoreBroward weekly condo sales jump to $35M
Broward County’s condo sales and dollar volume rose last week. Brokers closed 106 condo sales totaling $35.3 million from July 14 to July 20. That’s up from 98 condo sales totaling $30.6 million the week prior. Last week’s units sold for an average of $333,098, higher than the $312,298 average pric
Read MoreSouthwest profit drops, but airline says travel demand has stabilized
Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street's estimates but said demand has stabilized.
Read MoreRelated and Macklowe secure approval for North Bay Village condo towers
The Pérez family’s Related Group and Harry Macklowe’s Macklowe Properties secured initial approval for their planned two-tower luxury condo development in North Bay Village. The North Bay Village commission unanimously passed a zoning ordinance on first reading that will allow the developers to bui
Read MoreRelated completes $50M deal for Office Depot campus dev site
Related Group paid $50 million for 10 acres at the Office Depot campus in Boca Raton. An affiliate of Coconut Grove-based Related, led by Jorge, Jon Paul and Nick Pérez, bought one of three office buildings and a garage on the campus at 6600 North Military Trail, a press release states. The seller,
Read MoreDistressed Miami River dev site hits market with $18M asking price
A distressed Miami River development site tied to allegations of fraud hit the market again with a reduced asking price of $18 million. The 1.8-acre property comes with city approvals for a 40-unit townhome development called Miami River Cove, previously planned by a joint venture led by Marlon Gome
Read MoreBrokerage boom: Engel & Völkers adds Miami Beach office, plans Coconut Grove relaunch
Engel & Völkers is expanding in Miami-Dade County. The brokerage is opening an office in Miami Beach’s South of Fifth neighborhood and planning to reopen in Coconut Grove later this year, according to a press release. The offices will be led by license partners Daniel Nault and Vanessa Gomez, who jo
Read MoreWhen cash is king: Inside Spanish billionaire Amancio Ortega’s South Florida investments
Spanish billionaire Amancio Ortega is on a global summer shopping spree, making a splash in South Florida. Ortega’s Ponte Gadea real estate investment family office is buying the 30-story Sabadell Financial Center in Miami’s Brickell for about $275 million, and also bought the 44-story, 259-unit Ve
Read More$6M Boca Raton closing tops Palm Beach weekly condo sales
Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 77 condo sales totaling $34.3 million from July 14 to July 20. That’s up from 59 condo sales totaling $24.8 million the week prior. Last week’s units sold for an average of $445,079, higher than the $420,076 average pr
Read MoreNew entrance fee to visit Europe set to triple, says European Commission
The price for an ETIAS travel authorization to enter many parts of Europe is set to jump from 7 euros ($8) to 20 euros ($23), the European Commission said Friday.
Read MoreThe most powerful passports of 2025: The US and the UK fall, while India rises
The small nation-state of Singapore again tops Henley Passport Index, followed by Japan and South Korea which are tied for second place.
Read MorePennyMac, the top dog in correspondent, says its broker business is booming
PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $136.5 million for Q2 2025 on revenue of $444.7 million, which executives attributed to big strides made in the broker channel and a servicing portfolio that has surpassed $700 billion UPB. During the earnings call, CEO and Ch
Read MoreeXp team leader David Brooke on how to overcome industry myths
On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with David Brooke — founder of the Brooke Team at eXp Realty — for a candid conversation about the challenges and rewards of team leadership in today’s real estate landscape.From navigating team turnover and agent burnout
Read MoreFinal Offer joins LeadingRE preferred vendor program
Leading Real Estate Companies of the World (LeadingRE) has added digital listing and offer negotiation platform Final Offer to its Solutions Group — a curated program of preferred business resources available to its global network of 550-plus real estate firms.Final Offer provides tools that allow l
Read MoreHomebuilders are weathering the trade war — for now
The enormous scale of the trade war initiated by President Donald Trump has the potential to upend practically every aspect of the economy, and the most vulnerable space in the real estate industry is homebuilding.Trump has targeted a number of key trading partners for homebuilders — including Canad
Read MoreFort Partners drops $25M on condo in its Seaway project in Surfside
Nearly a year after closings began, Fort Partners dropped $24.5 million on a unit in its Seaway condo project in Surfside. Records show HBV Seaway Owner, a Delaware entity managed by Nadim Ashi’s Fort Partners, bought the 4,400-square-foot unit 103 at 9149 Collins Avenue from another affiliate of t
Read MoreMost Americans retire without a savings withdrawal plan
Almost two-thirds of Americans say they worry more about running out of money in retirement than about dying — and for many, that fear may become a reality.According to a survey from retirement technology firm IRALogix, about half of America’s retirees don’t take any systematic approach to withdrawi
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