Will Friday’s jobs report compel Federal Reserve Chairman Jerome Powell to cut rates by 1%, as President Trump suggested on social media today? The answer is no. While the labor market is showing signs of cooling and there are some indications of stress in certain sectors of the economy, today’s rep

The Trump administration is leasing three Palm Beach homes near the president’s Mar-a-Lago Club, and the rates are some of the highest price-per-square-foot rents on the federal government’s books. The annual rent for the three homes totals $3.3 million, Bloomberg reported. Each of the homes is with

Partners Kastelo Development and 4TRO Development are launching sales for a Delray Beach townhome project, The Real Deal has learned. Casa Avenida at 102 Southeast Fifth Avenue will have eight four-story townhouses, according to a press release. Kastelo, led by founder Jerad Graham, and 4TRO, led by

Shingo Akikuni is best known as the chef at Shingo, a one-Michelin-starred Japanese restaurant in Miami. Here's how he spends his time when visiting Tokyo.

The Pérez family’s Related Group and the Motwanis’ Merrimac Ventures secured a $160 million construction loan for their Waldorf Astoria Residences Pompano Beach condo development, The Real Deal has learned.  Miami-based Related and Fort Lauderdale-based Merrimac received the financing from Bank OZK,

An El Portal homeowner is seeking to overturn the controversial approval of Barrington Brothers’ next multifamily project in the village. Jerilyn Kobrick sued El Portal and an affiliate of Miami-based Barrington, led by Arthur and Ken Barrington, that owns the 1-acre development site fronting Little

Blackstone’s South Florida industrial sell-off is chugging along with the $90.2 million sale of three Miami-Dade warehouses.  Including its latest divestiture, the New York-based investment giant and its subsidiary, Link Logistics, have unloaded 34 industrial properties in Miami-Dade, Broward and Pa

An entity linked to the investment firm Alden Global Capital sold a waterfront West Palm Beach spec mansion for $16.8 million after a year on the market. Records show the developer’s entity, 7001 South Flagler LLC sold the house at 100 Beverly Road to John S. Paulson, who listed a mailing address in

Redwood Dev Co scored a $126.3 million refinancing for a 350-unit multifamily portfolio in north Miami-Dade County.  The deal comes as lending continues to flow in South Florida, despite elevated interest rates, skyrocketing insurance and the threat of higher construction costs due to the Trump admi

Broward County’s condo sales and dollar volume rose in the last week of May.  Brokers closed 127 condo sales totaling $43.4 million from May 23 to May 31. The previous week, brokers closed 89 condo sales totaling $25.6 million. Last week’s units sold for an average of $341,962, higher than the $287,

CC Homes and Turnberry are planning to launch sales this year and begin building The Estates by Turnberry, a gated community with 151 houses on the west side of Davie, across I-75 from Weston. The Davie Town Council recently rezoned the development site and approved several other proposals by the de

The Trump Administration signed a proclamation Wednesday suspending entrance to the U.S. for citizens from 12 countries.

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings.That announcement coincided with the National Association of

Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced Tuesday.Zerbi, a veteran agent with nearly a decade of experience, brings a strong sales record to the bro

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality.Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer dem

Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes projections related to the performance of the Home Equity Conversion Mortgage (HECM) portion of the Mu

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs).Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Pru

Following its vow to appeal the initial decision in a case brought against Ginnie Mae over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender, filings by Texas Capital Bank (TCB) have been docketed and assigned a case number in the Fifth Circuit Court

Coldwell Banker Premier has expanded into Florida through a merger with Coldwell Banker Envision Real Estate, marking the firm’s first office in the state.The company will now offer its full suite of services — including listing programs, marketing tools, and property and association management — to

Malaysian casino conglomerate Genting Group sold a piece of its downtown Miami land holdings to a developer that plans a Live Local Act tower. An affiliate of Kuala Lumpur-based Genting sold the 0.8-acre, six-parcel assemblage at 1515 and 1525 Northeast Miami Place, 75 Northeast 15th Street, and 150