Frontier Airlines has gotten more aggressive for Spirit customers as its rival is on shakier financial footing.

Robert Rivani is doubling down on Miami Beach’s Lincoln Road, acquiring a former theater now anchored by fashion retailer H&M for $37 million. An affiliate of Miami-based Rivani, formerly called Black Lion, bought Lincoln Theatre, a historic Art Deco building at 551 Lincoln Road, a press release sta

A developer won approval in Davie to build a 164-bed assisted living facility, despite opposition from the town’s mayor. All the beds would be occupied by elderly people incapable of independent living who need assisted living services or memory care. “The market is immense,” Manuel Synalovski, the

A Palm Beach townhome that sold for $16.5 million in April topped signed luxury contracts in Palm Beach County last week. Buyers signed 11 contracts between Aug. 18 and Aug. 24 for luxury properties in Palm Beach County, according to a market report from Douglas Elliman’s Eklund-Gomes team. The home

Miami-Dade County’s condo dollar volume dropped last week, despite a boost in sales. Brokers closed 76 condo sales totaling $49 million from Aug. 18 to Aug. 24. The previous week, brokers closed 55 condo sales totaling $94.2 million.  Last week’s units sold for an average of $644,907, lower than the

American Hugo Ortega quit his job in engineering to travel the world. Along the way, he entered the yachting industry and worked up from deckhand to captain.

President Donald Trump fired Federal Reserve Governor Lisa Cook Monday evening after calling for her resignation last week over allegations of mortgage fraud. The move further consolidates Trump’s power at the Fed, which has traditionally been an independent organization shielded from overtly politi

When Rishard Rameez, co-founder and CEO of Canadian-based real estate brokerage Zown, bought and sold a home within the same year, the inefficiencies of the process left him frustrated. “I couldn’t wrap my head around the fact that I had to pay [almost] all of my down payment towards covering the re

Developer David Martin is now involved in Michael Stern’s planned luxury condo tower in Miami Beach, sources told The Real Deal.  State records show that in late July, Martin’s name and Terra’s address were added to LLCs that are tied to the planned project. JDS Pulse, an anonymous blog that Stern s

On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis poin

Hamilton Development plans to replace a Baptist Health South Florida office building with a 113,900-square-foot warehouse complex.   The Nashville-based firm bought the property at 14100 Southwest 136th Street in unincorporated Miami-Dade County from Baptist Health for $12.3 million, according to re

Fannie Mae‘s latest Mortgage Lender Sentiment Survey points to a growing trend of lenders that want to make the mortgage process and its various components as efficient as possible. In 2025, lenders ranked streamlined business processes, reduced costs and consumer-facing technology as their leading

The nation’s top brokerage by transaction side count continues to expand. On Monday, eXp Realty announced that it was welcoming back San Antonio-based The Victorica Group.  The group was formed at eXp, but went on to briefly operate as an independent brokerage. It ultimately decided to return to eXp

A Miami businessman sold a waterfront North Bay Village home for $12.5 million, marking one of the most expensive homes ever sold in the island community. Records show Lavender Diamond Group, managed by Silvio Galvez Sr., sold the home at 7520 West Treasure Drive to a Florida entity named for the ad

The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop.  As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to strong

A trust in the name of Solly Azar, who is credited with inventing the wholesale insurance brokerage concept, secured a buyer for a Bal Harbour condo asking nearly $36 million.  Buyers, for the third week in a row, signed nine contracts between Aug. 18 and Aug. 24, according to the latest Eklund-Gome

Realtor.com is welcoming a new executive to its C-suite. On Monday, the company announced that it had appointed Janakiraman Karthikeyan as its new chief technology officer. This role will see Karthikeyan lead Realtor.com’s technology strategy as the company looks to achieve its long-term growth goal

New home sales followed the existing home sales market by beating sales estimates and having positive revisions in today’s report, which suggests that we are already seeing some benefits of lower mortgage rates. While it’s not a spectacular number by any means, if mortgage rates can get toward 6% an

Top-producing residential real estate team Schemmel Soda Group has left Premier Sotheby’s International Realty to join Douglas Elliman’s Sarasota, Florida, office. The group is led by cofounders Joel Schemmel and Donna Soda, along with agents Sharon Chiodi and Patti Tebo. Marketing Director Katie Ku

To continue its goal of national expansion, Evergreen Home Loans announced on Monday that it has entered 11 new states: Texas, Florida, South Carolina, North Carolina, Wyoming, Nebraska, Tennessee, Pennsylvania, Georgia, Ohio and New Mexico. To support this growth, the Bellevue, Washington-based com