🏆 Commercial: The top commercial real estate deal to hit records was in Davie, where an office building at 5400 South University Drive changed hands for $12.3 million. The seller was an LLC tied to RESMA LLC, based in Hallandale Beach, and the buyer was an LLC linked to Robert Shub. The seller purc

America is short 4.03 million homes—and pioneers of the factory-built home construction business are hopeful that a spate of new law changes could help turn the tide. But the construction of these homes isn't the only hurdle they face. The first starts at the very definition of factory-built homes.

Tariffs imposed by the Trump administration contributed to the loss of nearly 60,000 home construction jobs since December 2024, according to a new congressional analysis. The figures cited in the report, released by the Joint Economic Committee minority, represent less than 2% of the workforce. In

The Crown Bel Air, a "once-in-a-generation" assemblage of nine parcels and two estates, has just hit the market in Los Angeles for a eye-popping $105,000,000, making it reign supreme at the top of the week's most expensive homes list. Located on more than 15 acres spanning from Bel-Air to Hollywood

The cost problem lenders can’t automate away Mortgage lenders have spent years investing in automation, yet one metric continues to resist improvement: cost per loan. New tools promise faster processing, better decisioning and improved borrower experiences. For many lenders, however, those gains hav

For decades, mortgage underwriting has followed the same basic structure: verify income, review credit, apply ratios, and make a decision. The tools have improved. The thinking largely hasn’t. Automated systems like Desktop Underwriter and Loan Product Advisor can process loans faster than ever. But

Retirement preparedness has taken a hit for many Americans in recent years as stubborn inflation, high prices, and rising health care costs have eroded savings. In turn, this confluence of factors is reflected in how many perceive the amount of money they will need for their golden years. To that en

Friday’s inflation report could help decide whether spring homebuyers get a workable market—or another reason to wait. Buyers are finally seeing some conditions improve, with more inventory and softer prices in some markets. But mortgage rates remain high enough to do real damage. The average 30-yea

Idaho lawmakers passed two new laws aimed at unlocking the construction of smaller and cheaper homes. Gov. Brad Little signed two new laws, Senate Bill 1352 and Senate Bill 1354, aimed at increasing housing supply, at the close of the legislative session. SB 1352 limits the ability of cities to bloc

Trophy-fishing season is open in the Florida Keys, with Northwood Investors casting a $300 million line for the famed Cheeca Lodge & Spa in Islamorada. Northwood, led by former Blackstone titan John Kukral, tapped JLL to reel in a buyer for the 250-room resort, Bloomberg reported, citing anonymous s

Days after taking over the loan backing the Mercedes-Benz Places condo project, Cottonwood Group filed a foreclosure lawsuit against the developer, affiliates of Michael Stern’s JDS Development Group.  Maxim Credit Group provided the original $85 million loan in July 2015. It matured in late 2023, b

A new movement is gaining traction among church leaders with the hopes of helping address affordable housing. Most people have heard about NIMBY, short for “Not in my backyard,” a term used to describe opposition to new housing or development projects in one’s community. But there’s a new twist on t

Americasa, a division of Nationwide Mortgage Bankers (NMB), has promoted Yasser Valdes Herrera to president. Since December 2023, he has been based in Miami and has served as vice president of Americasa, a Spanish-language mortgage platform helping the Hispanic community achieve homeownership. “Yass

Henry Torres’ Astor Companies is pivoting its planned Little Havana apartment project to condos. The developer secured a $36 million construction loan in September for the eight-story, 179-unit Havana Enclave complex planned at 315 Northwest 27th Avenue. Six months later, Torres is launching sales,

Home expert Chelsea DeBoer has admitted that she regrets letting her kids appear on "Teen Mom 2," noting that she is grateful to HGTV for respecting their privacy. DeBoer, 34, who rose to stardom on MTV's "16 and Pregnant" series, revealed that she and her spouse, Cole DeBoer, 37, who tied the knot

Loan officer Jason Smith, a U.S. Navy veteran who spent five years as an air traffic controller, entered the mortgage business 21 years ago. Reflecting on the similarities between the two careers, he said that he “didn’t have that epiphany until years later that you have to be in control of the situ

While numerous firms in the residential off-site construction space push the limits of innovation, one company is distinguishing itself through a deeply localized approach to expansion across North America. Massachusetts-based Reframe Systems is betting that its microfactory concept, which relies on

A homeowner in San Francisco was recently fined $50,000 for trimming trees in the front of his home. Though he had been following advice from an insurance broker to reduce risk, the city deemed the work illegal because the trees were publicly owned and could be pruned only by authorized crews. “If a

A growing number of private sector employers have quietly begun offering workers a benefit that helps them live closer to the office at a price they can afford. As housing costs soar, it has been policymakers nationwide who’ve hogged the headlines, zeroing in on zoning reform and regulatory rollback

Click n’ Close announced its appointment of Delores Lopez as chief operating officer, effective Monday. In this role, Lopez will lead operations, drive scalable growth initiatives and implement operational strategy across the organization — reporting to company President Ian Kimball. “I’m pleased to