Two years after the project was first floated, Boca Raton’s Planning and Zoning Board is slated to vote on James and Marta Batmasian’s proposed Mizner Plaza development. The Batmasians are seeking approval for a 12-story, 242-key hotel, 16,000 square feet of restaurant space, 18,840 square feet of r

Edgardo Defortuna’s Fortune International Group is tapping the EB-5 investor visa program to help fund its Ora by Casa Tua condo-hotel tower planned in Miami’s Brickell. The developer filed an application for EB-5 designation with the U.S. Citizenship and Immigration Services, according to a press r

Trammell Crow Residential scored a $66.4 million construction loan for a 338-unit apartment complex in Margate.  The deal comes as financing for new South Florida residential projects continues to flow, despite elevated interest rates, slower lease-ups and other headwinds.  Dallas-based Trammell Cro

Baptist Health South Florida continued expanding its real estate holdings with an office building purchase in Kendall.  Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $14.2 million for the two-story medical office building at 9090 Southwest 87th Court, a press release states. The p

Alaska will join other airlines in raising the requirements to earn elite status.

Miami-Dade Property Appraiser Tomas Regalado is seeking higher market valuations for a handful of signature properties and development sites in the county.  During a two-day span of July 29 and July 30, the property appraiser’s office filed separate lawsuits in Miami-Dade Circuit Court against 17 ow

Palm Beach County’s weekly condo sales and dollar volume held steady last week.  Brokers closed 64 condo sales totaling $31.4 million from Aug. 11 to Aug. 17. The previous week, brokers closed 66 condo sales totaling $31.4 million. Last week’s units sold for an average of $491,305, higher than the $

Alchemy-ABR Investment Partners is moving forward with plans for a luxury condo project on the former Salvation Army property in Miami’s Wynwood neighborhood, The Real Deal has learned.  The developer is teaming up with Jason Haim’s Miami-based Breakers Capital and Miami-based Galapagos Global Capit

Miami-Dade County’s condo dollar volume rose last week, despite a dip in sales. Brokers closed 55 condo sales totaling $94.2 million from Aug. 11 to Aug. 17. That compares to 80 condo sales totaling $82.3 million the previous week.  Last week’s units sold for an average of $1,713,245, higher than th

Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000

Bonus Homes, a real estate technology and investment firm, announced on Tuesday plans to open its headquarters in the Greater Phoenix area after raising $65.5 million in seed funding. A press release from the company said that the seed funding is from Solyco Capital, Redwood Trust, Nextview Ventures

A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents.  Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of

Keith Menin made gains selling a pair of commercial spaces in Coral Gables and Coconut Grove leased to his Bodega Taqueria y Tequila chain. An entity controlled by Menin, a Miami Beach-based real estate investor, recently sold a single-story building with two retail units at 315-317 Miracle Mile in

Clifford Rossi speaks from the vantage point of someone who has been inside the government-sponsored enterprises (GSEs). In different periods during the 1990s and 2000s, he served as a senior financial economist at Fannie Mae and as senior director of single-family risk management at Freddie Mac. Ro

Investor Babak Ebrahimzadeh sold an office building and an adjacent garage with mixed-use development potential in Riviera Beach’s Singer Island for $16.5 million.  Ebrahimzadeh, through his Miami-based Master Mind, sold the Ocean Blue property consisting of a five-story office building and three-le

First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-u

Angel Nicolas, a top agent at Compass with more than $200 million in combined sales over the past year, left the brokerage to join Serhant, The Real Deal has learned.  Nicolas’ license was moved to Serhant on Monday, state licensing records show. Nicolas, a former professional baseball player, had b

Housing market dynamics have grown more favorable for buyers and sellers in August, and it’s possible that the fall of 2025 could see even better conditions if mortgage rates return to 6%. But they haven’t approached that level in nearly a year and haven’t been consistently below that threshold sinc

The National Association of Realtors (NAR) must face yet another appeal of a suit it was dismissed from earlier this summer. On Monday, plaintiff Luz de Amor Eytalis filed an appeal of the dismissal of her lawsuit against NAR, Paragon MLS Connect, Wichita Falls Association of Realtors and Texas Asso

A Georgia couple lost their longtime family home after a forged deed led to a reverse mortgage they claimed they never signed, according to reporting from WSB-TV. James and Lucretia Klucken said they began receiving notices in 2019 about repayment on a $50,000 reverse mortgage tied to James’ family