A company linked to the family office of Canadian billionaire Lino Saputo paid $16.5 million for a waterfront teardown on Miami Beach’s Allison Island.  It also appears that the same buyer owns the property next door, adding to the family office’s holdings.  Property records show Lester Lipschutz so

Category Five Real Estate expanded its multifamily holdings after paying $32.3 million for a Broward County portfolio. Aventura-based Category Five, led by brothers Leon and Mike Peisach, acquired four properties consisting of 26 one- and two-story buildings with 184 apartments combined, records and

Nora District developers plan a 122-unit condo building and a 350-unit apartment building, marking the first residential development at the mixed-use downtown West Palm Beach district.  Place Projects, NDT Development and Wheelock Street Capital are redeveloping a 40-acre portion of downtown West Pa

German asset manager DWS Group and its U.S. real estate subsidiary Rreef are on an office selling spree, especially in South Florida.   In February, Frankfurt-based DWS sold the Las Olas Centre I & II office towers at 350 and 450 East Las Olas Boulevard in downtown Fort Lauderdale for $208 million.

Fannie Mae filed a foreclosure complaint against the owner of a North Miami apartment building. On July 25, Fannie Mae, led by CEO Priscilla Almodovar, sued Salem House Holding and its manager, Alexander Padilla, for alleging defaulting on a $3.9 million mortgage that includes accrued interest and a

A Spanish developer scored final approval for a 4,032-unit Live Local Act project in West Little River.  The complex marks the biggest South Florida development under the state’s affordable and workforce housing law, as well as one of the biggest planned projects in the tri-county region overall.  P

Here are five key things investors need to know to start the trading day.

Southwest put its first-ever assigned seats on sale this week, ending more than half a century of open seating.

Visitor interest in Japan plunged in June, amid a prophecy in a manga that predicts a "disaster" would strike Japan in July 2025.

President Donald Trump appears to be taking another step to bring Fannie Mae and Freddie Mac out of conservatorship, according to reporting by Bloomberg on Thursday. The president has invited the leaders of some of the country’s biggest banks, including JP Morgan Chase CEO Jamie Dimon, Goldman Sachs

Rocket Companies, the parent of Rocket Mortgage, has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S. The company is now focusing on integrating the recently acquired real estate brokerage firm Redfin, which has al

The second quarter of 2025 may not have shaken out exactly as the leaders of eXp World Holdings would have liked, but one bright spot was agent count at eXp Realty.  Although agent count was down 5% annually to 82,704 agents, Q2 2025 marked the first time in a year that eXp recorded sequential quart

Better Homes and Gardens Real Estate Gaetano Marra Homes and Better Homes and Gardens Real Estate Bannon & Hebert have merged operations — expanding their presence across Connecticut and consolidating under the Gaetano Marra Homes name. The merger brings together approximately 150 affiliated sales a

Redfin has partnered with CubiCasa to integrate interactive floor plans and virtual tours into its real estate listings. Redfin is the first major home search platform to adopt CubiCasa’s interactive media directly into listings, supporting a growing demand among buyers for visual tools that help to

Just weeks after officially joining the billionaires club, AI founder Daniel Nadler dropped $38.2 million on a fully furnished penthouse at Four Seasons Residences at the Surf Club. The purchase works out to a record $6,731 per square foot. Records show Nadler bought penthouse 2 in the south tower a

On this week’s RealTrending podcast, host Tracey Velt welcomes Lennox Scott, CEO of John L. Scott Real Estate, a company with nearly a century of legacy and leadership. With close to five decades of industry experience, Scott brings deep insights into both the past and future of real estate. Their c

Marius Fortelni’s Forté Development landed a $60 million construction loan for his planned waterfront townhouse project in Jupiter. Kriss Capital, a New York-based lender helmed by Jody Kriss, is providing the loan, according to a press release. Michael, Jordan and David Horowitz of Cooper Horowitz

Smartify Media has been named an exclusive provider of digital display technology for Leading Real Estate Companies of the World (LeadingRE) and its global network of more than 550 real estate firms. Smartify, which was recently recognized as the 2025 Startup of the Year by the Advertising Club of N

Homebuyer affordability improved in June, as evidenced by the national median payment for purchase mortgage applicants decreasing to $2,172 — down from $2,211 in May. That’s according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI), which measures how new month

Premier Property Partners founders Rich Johnson and Shirin Alipanah are joining LPT Realty — expanding its operations in San Diego and Palm Desert. Johnson, former owner and broker of San Diego Homes and Estates, and Alipanah, a former tech executive at Meta, bring decades of experience and a combin