AutomatIQ Borrower Income Analysis Multiple income sources? Calculate self-employed income? That’s easy. With a streamlined interface and productivity gains of up to 100%, AutomatIQ Borrower Income Analysis’ all-in-one solution helps quickly qualify borrowers and reduces the risk of loan repurchases

Developer Platform The Developer Platform offers access to a fully open API ecosystem. By providing external developers with self-service access to documentation, code samples, and integration guides, the portal eliminates barriers to innovation—empowering clients and partners to build on Empower wi

Fannie Mae and Freddie Mac will be allowed to double their annual investments in Low-Income Housing Tax Credit (LIHTC) properties from $2 billion to $4 billion, the Federal Housing Finance Agency (FHFA) announced Tuesday.  The move, which is intended to advance the affordable housing missions of the

Latin American investment banker Daniel Canel and his wife, Silvia Estela, sold their waterfront Key Biscayne home for $31.8 million.  The sale marks one of the most expensive residential trades on the island since 2015.  Canel, who is now managing director of DC Consulting Services, and Estela sold

East Capital Partners and Vlietco Enterprises sold a recently completed Hialeah warehouse and 15 undeveloped acres near Homestead for $52.8 million. An affiliate of Martinez Distributors, a family run Hialeah-based food processing and distribution company, bought Countyline East Logistics Center at

Integra Real Estate offered $20.5 million for a sprawling Pembroke Pines condo complex in receivership, setting the floor price for an upcoming auction of the distressed property.  Miami-based Integra — led by Nelson Stabile, Paulo Tavares de Melo, Victor Ballestas and Cory Yeffet — was selected as

A waterfront spec mansion in Boca Raton asking $12 million was the most expensive listing to find a buyer in Palm Beach County last week. Buyers signed 12 contracts between July 28 and Aug. 3 for luxury properties in Palm Beach County, according to a market report from Douglas Elliman’s Eklund-Gomes

South Florida developer and longtime real estate attorney, Isaac Kodsi, died last weekend at the age of 59.  Isaac founded and led Ark Capital Group, a Pembroke Pines-based real estate investment firm that specializes in debt and equity for projects that are under $50 million.  “We are deeply sadden

Ezio’s Steakhouse | Miami Beach  An Italian-inspired steakhouse and seafood restaurant will open at Lefferts’ recently completed 72 Park condo tower in Miami Beach.    Ezio’s Steakhouse, co-founded by Brandon Hoy and chef Carlo Mirarchi, leased 2,200 square feet on the ground floor of the 22-story,

Miami-Dade County’s condo dollar volume dipped last week, despite an increase in sales. Brokers closed 97 condo sales totaling $104.6 million from July 28 to Aug. 3. The previous week, brokers closed 88 condo sales totaling $110.8 million.  Last week’s units sold for an average of $1,078,191, lower

Alaska Airlines is adding to its international expansion with new flights to London and Iceland.

The United States is launching a pilot program that could see some inbound travelers paying bonds of up to $15,000 to enter.

DRA Advisors is dipping into Miami’s Allapattah multifamily market, acquiring a 263-unit apartment complex for $73.5 million. An affiliate of New York-based DRA, led by David Luski, bought Modera Skylar at 1444 Northwest 14th Avenue, records and real estate database Vizzda show. The buyer also assum

Scions of the Anheuser-Busch family dropped $24.5 million on a 42.1-acre equestrian facility in Wellington. Records show PBESC LLC, a Florida entity managed by Stephen A. Orthwein Jr. and linked to his uncle, Peter Busch Orthwein, bought the Palm Beach Equine Sports Complex at 13056 Pierson Road. Th

Olympus Property boosted its South Florida multifamily portfolio after acquiring a recently completed Miami project for $45.9 million.  An affiliate of Fort Worth, Texas-based Olympus, led by founder Chandler Wonderly, bought The Fifteen Miami, an Allapattah nine-story complex with 132 apartments at

More than 3,000 Boeing defense workers go on strike.

Grammy award-winning artist Timbaland signed a contract to sell his Coral Gables mansion, topping luxury residential sales activity last week across Miami-Dade County.  Buyers signed 12 contracts between July 28 and Aug. 3, according to the latest Eklund-Gomes report, which tracks listings of homes

Real estate firms are staffing up in their South Florida offices.  Colliers brought in Frankie Castellanos as vice president in its Miami office, a press release shows. Castellanos joins the firm from Cushman & Wakefield, where he worked for six years, most recently as a director. In his role with C

Bain Capital Real Estate and 11North Partners bagged 10 open-air shopping centers for $395 million, with the portfolio heavily weighted toward the Sunshine State and specifically South Florida, The Real Deal has learned.   Boston-based private equity firm Bain and New York-based retail investment fi

It takes serious imagination to envision dropping a 16-story indoor ski slope near swampland in South Florida. That’s why the Ghermezian family, owners of the three largest shopping centers in North America, may be the only developers willing and able to pull it off.  The ski slope is among the ente