Luxury is an experience not a price point
California creates office dedicated to housing, homelessness issues
In a move to overhaul how California manages its housing and homelessness response, Gov. Gavin Newsom has proposed to divide the state’s Business, Consumer Services and Housing Agency into two distinct entities — the California Housing and Homelessness Agency (CHHA) and the Business and Consumer Ser
Read MoreHas the real estate portal landscape changed after all the M&A?
At first glance, the real estate portal landscape looks much like it did a year ago. The same power players, the same products, the same strategies — at least on the surface.“My initial snarky reply is that the space hasn’t changed,” Mike DelPrete, a real estate industry technology strategist, said.
Read MoreTidalwave announces new hires to lead mortgage technology sales
Tidalwave, a mortgage technology startup that’s integrated with Fannie Mae and Freddie Mac, announced Monday that it has hired a pair of industry veterans to bolster its sales team.John Stephenson has joined Tidalwave as its head of national sales, while Frank Pastirchak is the company’s new account
Read MoreLVMH-backed investor group takes 20% stake in private jet company Flexjet
The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
Read MoreAlhambra office complex in Coral Gables hits market with target price of $125M
DWS Group’s two-building office complex in Coral Gables hit the market with a target price of about $125 million, The Real Deal has learned. The listing follows the German asset manager and one of its subsidiaries selling a pair of office properties in downtown Fort Lauderdale earlier this year. D
Read MoreRocket lays off 2% of workforce after closing Redfin acquisition
Detroit-based Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion all-stock acquisition of real estate brokerage Redfin. The cuts affected roughly 2% of the firm’s workforce.“Following the Redfin acquisition, we carefully reviewed our combined st
Read MoreTwo Idaho brokerages, agents named in RICO suit
Real estate agents at two Bonner County, Idaho-based brokerages are facing charges of breaching fiduciary duty and engaging in a racketeering scheme with developers to sell defective homes. The suit was filed on Friday in U.S. District Court in Boise by plaintiffs David and Linda Wittwer, The Wittwe
Read MoreSlowest week of the year: Luxe resi contracts plummet in Miami-Dade
Last week was the slowest this year, as buyers signed contracts for just four luxury properties in Miami-Dade County. A condo at Turnberry Ocean Club marked the priciest deal signed between July 14 and July 20, according to the latest Eklund-Gomes report, which tracks listings of homes and condos a
Read MoreLease roundup: Doronin’s OKO opening Wynwood office, PwC moving to Boca Raton
OKO Group | Miami Billionaire developer Vlad Doronin’s OKO Group plans an office at the Wynwood Plaza mixed-use development. OKO Group leased 25,200 square feet at 95 Northwest 29th Street in Miami’s Wynwood neighborhood, according to a Cushman & Wakefield second quarter office report. JLL’s secon
Read MoreSouthwest Airlines sets a date for seat assignment launch, lays out new boarding order
Southwest plans to start flying with seat assignments on Jan. 27, ending more than half a century of open seating.
Read MoreEx-Univision CEO Wade Davis sells Hibiscus Island mansion for $32M
A trust linked to Wade Davis, the former CEO of Univision, sold a waterfront Hibiscus Island mansion in Miami Beach for $31.8 million, The Real Deal has learned. The home at 370 South Hibiscus Drive sold eight months after it hit the market for $37.5 million, listing agent Liz Hogan of Compass confi
Read MoreDeveloper Donald Soffer, who founded Aventura, dies at 92
South Florida developer Donald Soffer, a powerful figure who founded Aventura, died on Sunday at the age of 92, following a brief illness. Soffer, born in Duquesne, Pennsylvania on Sept. 20, 1932, bought 785 acres of mostly swampland, which became Aventura, in the late 1960s with partner Arthur G.
Read MoreThe Weekly Dirt: Battle for condo rights heats up post-Surfside collapse
Condo owners are waging a fight against the powers that be. Two ongoing legal fights underscore the precarious nature of fighting back against boards or authorities that act on behalf of condo buildings. In one situation, a group of eight holdout owners at an aging, and now vacant, condo building
Read MoreMortgage spreads are almost back to normal
In a week marked by discussions of the potential firing of Federal Reserve Chair Jerome Powell and inflation data, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.Mortgage spreads have improved significantly since 2023, leaving us just 0.49% from normal levels, ba
Read MoreTravelers to the U.S. must pay a new $250 'visa integrity fee' — what to know
Travelers to the U.S. must pay a new "visa integrity fee" to visit, but questions remain as to how and when it will be implemented. Here's what we know so far.
Read MoreNahla Capital bids $275M for Shvo’s stalled Raleigh Miami Beach project
A potential buyer has entered the ring at The Raleigh, a stalled condo and hotel project planned in Miami Beach. New York-based Nahla Capital won a bid to purchase the property for about $275 million, Business Insider reported. Michael Shvo’s firm, New York-based Shvo, has the right of first refusa
Read MoreBeverly Hills-based jeweler Ildico buys Miami Design District building for $35M
Beverly Hills-based jeweler Ildico picked up a retail building in the Miami Design District for $35 million. An entity managed by Ildico CFO Mikhail Cohen bought the two-story, 9445-square-foot storefront at 3800 Northeast Second Avenue, records and real estate database Vizzda show. The deal breaks
Read MoreOff Road Capital’s David Cohen sells Surf Club condo for $18M
Private equity boss David Cohen sold his condo at Four Seasons Residences at the Surf Club for $17.8 million, marking the highest price per square foot sale in Surfside this year. Records show Cohen sold unit N-719 at 9111 Collins Avenue for $5,265 per square foot to Michigan Miami Land Trust, with
Read MoreTech Pulse: Realtor.com acquires Zenlist; Zillow unveils new tools
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate.Here’s what happened this week:Realtor.com parent Move acquires ZenlistRealtor.com parent Move Inc. has acquired Zenlist,
Read MoreInternational inbound travel to U.S. shows mixed recovery
Canadian travel dropped sharply in the first half of 2025, according to numbers by U.S. Travel Association.
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