Raimundo Onetto’s Alta Developers scored a $94.2 million construction loan for a 174-unit condo project in Coral Gables.  The loan underscores how financing continues to flow in South Florida, despite elevated interest rates, skyrocketing insurance and other economic headwinds.  Miami-based Alta sta

Dallas-based Supreme Lending has reached a deal to acquire Michigan Mutual, Inc. (MiMutual), adding a wholesale platform and a presence in Michigan to its operations, sources told HousingWire.Founded in 1999, Supreme Lending originated $3.8 billion over the past 12 months, with most of its volume co

The National Association of Hispanic Real Estate Professionals (NAHREP) on Wednesday released its annual Top 250 Latino Mortgage Originators Report, which recognizes the nation’s top-performing Latino mortgage professionals.NAHREP received nearly 5,000 nominations and is recognizing more than 600 La

Robert Thorne’s Urban Network Capital Group tapped Compass to lead sales for its planned Visions at Brickell Station condo-hotel in Miami. Thorne’s UNCG also held the groundbreaking on Wednesday to start construction of the eight-story, 110-unit Visions, according to a press release. Condo-hotel uni

After embarking on an ambitious project designed to ease the technological processes and interfaces of the reverse mortgage industry compared to traditional mortgage workflows, the Mortgage Industry Standards Maintenance Organization (MISMO) announced this week that the latest version of its referen

WeatherTech founder David MacNeil dropped another $55.5 million on oceanfront property in Manalapan. Developer Joe Farrell sold the incomplete 1.6-acre spec estate at 1140 South Ocean Boulevard, according to the Multiple Listing Service. Margit Brandt with Premier Estate Properties represented both

International tourists are rethinking the U.S. as a travel destination amid tensions tied to trade and border policy.

Woodfield Development and Flagler Realty & Development scored an $80.6 million construction loan for a 358-unit mixed-use multifamily project in West Palm Beach.  The developers plan the eight-story apartment building with 19,000 square feet of retail space on a 6.5-acre vacant site at 8111 South Di

A $14.8 million Brickell penthouse topped condo closings in Miami-Dade County last week.  Brokers closed 86 condo sales totaling $88.1 million from May 17 to May 25. The previous week, brokers closed 127 condo sales totaling $123.7 million.  Last week’s units sold for an average of $1,023,844, highe

Marc LeBlanc and Laura Robinson have worked in places that most people dream of visiting. But living in a location is different from visiting it, they said.

China became the top country searching for South Florida homes last month, pushing Colombia to the No. 2 slot.  Potential buyers from China registered the most searches on Miami Association of Realtors’ public listings portal in April, according to the Miami Realtors. Colombia has held one of the to

13th Floor Investments and Barings secured $125 million in financing for a Miami multifamily project that’s under construction. A syndicate of Santander Bank and TD Bank provided the loan for Cadence, a planned 35-story tower with 432 mixed-income apartments at 3100 Douglas Road. It’s part of Link a

In the latest roundup of South Florida real estate hiring news, Newmark bulked up its retail leasing leadership.  In Miami, two retail leasing veterans jumped from Cushman & Wakefield to Newmark, according to a press release. Greg Masin and Frank Begrowicz joined Newmark as executive managing direct

Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.

On Monday, FHFA Director Bill Pulte called on Federal Reserve Chairman Jerome Powell to lower interest rates. His exact tweet was: “Jay Powell needs to lower interest rates – enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing marke

Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.

Millennial homebuyers (born between 1981 and 1996) are reshaping the real estate landscape with their strong preference for digital tools and technology-driven experiences. As the largest cohort of homebuyers in the U.S., their tech-first approach influences how properties are marketed, searched and

Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake. That's twice the number detected in 2022, according to a company report.

Last week, we witnessed a pivotal moment for mortgage rates and the bond market, which some pundits have said has grown increasingly aware of our rising national debt and deficits. A bond auction last week was perceived as having soft demand, prompting media outlets and market speakers to suggest th

Miami developers are dipping their toes back into the crypto buyer pool, nearly three years after the collapse of the cryptocurrency exchange FTX.  Bitcoin buyers never disappeared, but developers have certainly shied away from them.  PMG, which previously allowed buyers to convert their digital cur