California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners.The company’s Instant Offers Exchange (IOX) allows sellers to receive multiple competitive cash offers within minutes without committing to a

Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week.“We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better busi

Panattoni Development is abandoning plans to redevelop the Miami Herald’s former home in Doral, selling the 9-acre site at a loss for $25.9 million. A trust affiliated with Los Angeles-based Ares Management, led by Michael Arougheti, bought the property at 3511 Northwest 91st Avenue for $4 million l

Citing a series of missteps made despite the oversight and U.S. Department of Housing and Urban Development (HUD) action plans, the chairman of the House of Representatives‘ Financial Services Committee is calling for a federal investigation into the housing authority of Little Rock, Arkansas.Rep. F

A Grant Cardone-led entity submitted a $230 million stalking horse bid for Penn-Florida Companies’ 101 Via Mizner in Boca Raton. Aventura-based Cardone Real Estate Acquisitions is seeking to buy the 14-story, 366-unit building at 101 East Camino Real, according to a June 2 U.S. Bankruptcy Court emer

Marc Glimcher, president and CEO of Pace Gallery, sold his lakefront Palm Beach house for $19.2 million to Jamie McCourt, the former Dodgers CEO and ambassador to France and Monaco under the first Trump administration. Records show Glimcher’s 1221 NLW LLC, a Delaware entity, sold the home dubbed “th

Denise Yaniz, owner of Kendall restaurant Sushi2Mee, experienced a seismic jolt to her business six months ago. On top of tacking Florida’s 7 percent sales tax onto customers’ bills, Yaniz found out that she’s also supposed to be charging an additional 1 percent county sales tax that funds homeless

Bridge Industrial scored a $77.6 million refinancing for its warehouse complex near the Miami-Opa locka Executive Airport.  State Farm Life Insurance Company provided the loan for the three-building industrial development that’s on the northeast corner of Northwest 57th Avenue/Red Road and Northwest

David Burstyn and Brian Sidman’s Redwood Dev Co bought 223 newly built townhomes in two projects for $80 million. Miami Beach-based Redwood bought the 174-unit Mariner’s Cove and 49-unit Lime Grove townhome developments from Lennar, one of the nation’s largest homebuilders, according to a press rele

Palm Beach County’s condo sales and dollar volume rose in the last week of May.  Brokers closed 129 condo sales totaling $62.6 million from May 23 to May 31. The previous week, brokers closed 85 condo sales totaling $48.5 million.  Last week’s units sold for an average of $485,614, lower than the $5

Taxable property values in Miami-Dade County keep growing, but momentum is easing — and condos are dragging down the market, according to the property appraiser’s latest estimates for 2025.  The estimated taxable value for real estate countywide reached $511.8 billion, an increase of 8.5 percent, ye

Barry Sternlicht’s Starwood Capital Group sold a Whole Foods-anchored shopping center in West Palm Beach for $133.2 million. An affiliate of Atlanta-based Invesco purchased The Marketplace at the Outlets at 1821 Palm Beach Lakes Boulevard in West Palm Beach, records and real estate database Vizzda s

Alaska Airlines is planning to offer flights to Rome.

Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com.The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across al

Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” One thing he is confident about: If ending th

The Tinka Ellington Group — a prominent real estate team specializing in coastal and waterfront properties in South Florida — has joined Compass.Led by Ellington, the group has closed more than $254 million in sales and brings 25-plus years of combined real estate experience. The seven-member team s

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to rest

As the preference to age in place continues to dominate among those planning out their later lives, people actually living with the preference may find they need to make adjustments to certain parts of their routines to accommodate costs, access services and maintain social relationships.One key too

A 28-story office tower in Hallandale Beach traded for $52.2 million, and the buyer landed a $77.2 million loan.  Aventura-based Inmobiliaria Brom, through its affiliate Optima International North, sold the 285,400-square-foot Onyx Tower at 1010 South Federal Highway to an entity that also ties to I

The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one