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

Four Wynwood commercial buildings owned by a Zach Vella-led partnership are facing foreclosure less than a year after they were purchased.  On May 21, an affiliate of Seattle-based Fairview Asset Management sued an entity managed by Vella, Tosh Berman in Aspen, Colorado, and Michael Tanha in Las Veg

Before she ever stepped into the role of president at Better Homes and Gardens Real Estate, Ginger Wilcox had lived nearly every side of the real estate business. She previously worked as an agent, learning the intense demands of serving clients through one of life’s biggest financial decisions. She

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund.The company, redT Homes, states that it’s the Denver area’s “only residential real estate

U.S. homeowners tapped nearly $25 billion in home equity through second-lien mortgages during the first quarter of 2025 — the largest volume for this period in 17 years, according to the ICE Mortgage Technology‘s newest Mortgage Monitor report. That marks a 22% increase compared to the same quarter

French commercial real estate investor Nicolas Chambon is bidding adieu to his waterfront Miami Beach home, asking $29.5 million.  Chambon’s pending sale topped last week’s Eklund-Gomes report.  Buyers signed 22 contracts for luxury properties in Miami-Dade County between May 26 and June 1, accordin

Coldwell Banker Realty is welcoming another top-producing team. The Anywhere–owned brokerage announced Monday that the Fowler Sakey Team is making the move from William Raveis to Coldwell Banker.The Connecticut-based team will be joining the Fairfield Coldwell Banker Realty office. “We are thrilled

Sweat440, Warby Parker | West Palm Beach  Group fitness gym Sweat440 and eyeglasses store Warby Parker are among tenants on tap at the Nora District in downtown West Palm Beach.    Sweat440, known for its strength and high-intensity interval training classes that start every 10 minutes, leased 2,900

In the latest roundup of South Florida hiring news, Colliers makes a key hire in response to Florida’s growing condo crisis.  The firm tapped Vanessa Da Rocha as director of its Southeast Project Management and Development Services team, according to a release. In this role, Da Rocha will head Colli