A group of investors led by Sumitomo and SMBC Aviation Capital are taking Air Lease, founded by aviation mogul Steven Udvar-Házy, private for $7.4 billion.

SB Development Group and Hazelton Capital Group scored a $170 million construction loan for their planned waterfront Edgewater condo tower, Cove Miami.  The partners secured financing from Bravo Property Trust, a New York City-based firm led by founder and CEO Aaron Krawitz, according to a press rel

Actor Richard Gere's historic New Canaan, CT, house has been completely torn down, according to the firm that salvaged many unique parts of the home. "We recently checked in, and the house has been taken down,” salvage company owner Reggie Young told People. “We are grateful that the buyers allowed

Nantucket, MA, locals are slowly getting back to normal as Labor Day marked the unofficial end to summer, but as they said goodbye to the influx of visitors, they're still dealing with a growing population of a different kind—deer. Wildlife officials estimate there are about 10,000 deer on the islan

Over the course of our lives, we are all forming our estates—through our savings, investments, and the homes we live in. For homeowners, their property often represents the largest asset they’ll ever own, making it essential to plan carefully for what happens to it.  Those who are child-free or chil

Mobile and manufactured homes are having their moment. As a vital source of naturally occurring affordable housing, they’re one of the few options left for low- and moderate-income households priced out of traditional homeownership. But this form of housing isn’t without complication. Many of the mo

Final Offer — a digital platform for home listings and offer negotiations — has expanded into the Dallas-Fort Worth metro area through partnerships with several Keller Williams brokerages, the company announced Tuesday. Participating offices include GO Network — Keller Williams’ largest franchise ne

Waterton Residential sold a 427-unit apartment complex in West Miami for $111 million, marking a 4.7 percent discount from its purchase price nearly a decade ago.  Chevy Chase, Maryland-based FCP, or Federal Capital Partners, bought District West Gables, consisting of a pair of seven-story buildings

A new report suggests that counting the value of employer-sponsored health insurance (ESI) toward taxable wages could generate about $400 more in annual payroll taxes per worker, shrinking Social Security’s long-term funding gap by roughly 25% in 75 years.   The report published Tuesday by the Cente

The top brokerage in the country by transaction side count is welcoming another top-producing team. K2 Omni Group is joining eXp Realty, according to an announcement on Tuesday.  The team was founded by Kiki and Kristina Salcido, along with their business partners Nathan Armstrong and Berenice Holde

New York City brokerage Brown Harris Stevens is welcoming a top broker to its ranks. On Tuesday, the firm announced that Shawnalei Tamayose was making the move to Brown Harris Stevens.  “Brown Harris Stevens is the best-kept secret in real estate when it comes to agent support, marketing prowess, an

HousingWire today announced the winners of the annual Vanguards award, celebrating its 11th year of recognizing the housing industry’s most influential executives. This year, 100 leaders across mortgage, real estate, and tech have been named to the prestigious list, underscoring their exceptional le

Oil recycling mogul Steven Lempera’s bet on Gables Estates appears to have paid off.  Lempera found a buyer for his waterfront Gables Estates mansion, asking $54.9 million. He paid $25.5 million for the property at auction in 2019, a year after he sold his company to Patrick Dovigi’s waste managemen

Kelley Wolf has been ordered to avoid contacting her children and stay at least 300 feet away from her estranged husband Scott Wolf—one month after she unsuccessfully tried to enter her ex's home. A judge issued a new restraining order on Aug. 28 after the “Real World: New Orleans” star outed Scott'

The Trump administration is considering emergency measures to address the housing affordability crisis that has left millions struggling to pay rent and priced out of homeownership, Treasury Secretary Scott Bessent said Monday. "We may declare a national housing emergency in the fall," Bessent told

Stearns Weaver Miller Weissler Alhadeff & Sitterson | Miami  Stearns Weaver Miller Weissler Alhadeff & Sitterson is staying at downtown Miami’s Museum Tower.    The law firm renewed its 96,800-square-foot lease at the tower at 150 West Flagler Street, according to a news release from the landlord’s

In the latest roundup of South Florida real estate hiring news, firms made moves ahead of the region’s busy season.  Turkish developer Okan Group tapped Michael Sadov of Fortune Development Sales to lead sales at its planned Okan Tower in downtown Miami, according to a press release. The tower, plan

When Alirio Torrealba got started in the real estate business in South Florida, he had neither experience in development nor proficiency in English. He somehow still led the wave of new townhome and condo development in Coral Gables, before expanding into multifamily. Just a decade after its foundin

Two hours cruising Sag Harbor Bay on a sunny August afternoon has an intoxicating effect. Thinking gets bigger, dreamier. “I would like for Margit to be the No. 1 agent in the world,” Blair Brandt said. For most, this would be magical thinking, but Blair is plain about his ambitions for his wife, Ma

The line to register at the Real Estate Expo Argentina, a two-day conference at the Hilton in Buenos Aires, stretches around the property, probably 300 feet, the biggest turnout Fortune International Group CEO Edgardo Defortuna has ever seen there. Defortuna, a native Argentinian, was among the crow