Empira Group scored a $111.3 million construction loan for a 310-unit apartment tower in Miami’s Brickell, The Real Deal has learned.  The financing comes as construction loans and refinancings continue to flow in South Florida, despite higher interest rates and other economic headwinds.  Empira, a

Developer Mark Bellissimo won approval for zoning changes that will allow him and his partners to build a boutique hotel, offices, condos, retail and restaurant space just across the street from his planned gated community, the Wellington. The mixed-use project, dubbed “the Marketplace” is said to b

Billionaire Thomas Kirk Kristiansen, whose great-grandfather Ole Kirk Kristiansen founded the toymaker Lego, bought an equestrian estate in Wellington for $25.5 million. It marks the most expensive sale in the horse-centric enclave so far this year.  Records show Thomas Kirk Kristiansen bought the 1

Mast Capital and BH Group are teaming up to take over an older condominium building in Coconut Grove. An affiliate of Coconut Grove-based Mast, led by Camilo Miguel Jr., is under contract to purchase roughly a dozen units at Bayshore Park, a three-story condominium at 2545 South Bayshore Drive, sour

American Airlines CFO says some travelers have avoided Newark in favor of other area airports, but cautioned the impact was modest.

A developer scored approval for a 328-unit Live Local Act project in Miami’s Edgewater, amid a flurry of proposals under the state’s affordable and workforce housing law.  Gonzalo Espinosa, through an affiliate, plans the 36-story Sense 22 apartment tower on a 0.7-acre assemblage at 114, 124, 128 an

A developer proposes 57 townhouses in West Kendall, amid a flurry of applications for projects on sites in suburban Miami-Dade County.  The West Kendall Townhomes project is proposed for the 4.6-acre site on the northeast corner of Southwest 88th Street and Southwest 167th Avenue in unincorporated M

A persistent global jet shortage means airlines are bracing for an uphill battle over what is typically the peak travel season.

Broward County’s condo sales and dollar volume rose last week, led by a Hallandale Beach closing. Brokers closed 131 condo sales totaling $41.4 million from May 11 to May 18. The previous week, brokers closed 115 condo sales totaling $37.5 million.  Last week’s units sold for an average of $316,079,

Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. Opinions on Trump administration actionsCFPBTrump fires CFPB Director Rohit Chop

The Appraisal Institute (AI) executive facing multiple allegations of sexual misconduct is no longer serving in his position.AI president Paula Konikoff announced on the trade group’s LinkedIn page Wednesday evening that Craig Steinley has been removed as AI’s vice president, stating that its board

Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in. In a message posted on Truth Social Wednesday night, Trump said

President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review.Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. An

Arizona real estate leader Scott Kumler and his team — The Kumler Group — have joined eXp Realty, leaving My Home Group after a high-performing 2024. The 53-member Phoenix Valley team closed more than $80 million in sales across 192 transactions last year, ranking among the top five teams at their f

Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. His arrival comes as GRA focuses on “strengthening its commitment” to the space and to “the senior borrow

Kansas City Chiefs tight end Travis Kelce is renting a mansion in Boca Raton’s most expensive neighborhood for off-season training. Kelce was seen moving into the home in Royal Palm Yacht & Country Club, the Daily Mail first reported. The community is a 15-minute drive to Johnny O’s Gym, the Boca Ra

As issues continue to persist across the country for local housing authorities, the situation in Houston has led to an investigation by prominent local media outlets and a commissioned report by outside legal counsel. The probe found that mismanagement of contractors and the submission of fraudulent

Longtime Boston Scientific Chairman and CEO Michael Mahoney dropped $17.3 million on a waterfront house in North Palm Beach’s gated Lost Tree Village community. Records show Mahoney’s Blue Sky Trust bought the house at 11279 Old Harbour Road from Edith Dixon Miller. The deed identifies Mahoney as th

Fortec is looking to raise a $100 million fund to partially finance development of $300 million worth of new early education centers across the nation. The Miami-based schools developer, led by Chairman Pablo Barreiro and CEO Martin Saldon, plans to develop up to 60 early education centers, each one

In an ongoing series of stories focused on the dynamics of Colorado’s aging population, the Colorado Sun previously detailed some of the ways that the state is confronting the “silver tsunami” of people growing older while needing sufficient services to accommodate their needs.While the state may no