Luxury is an experience not a price point
Newly minted AI billionaire Daniel Nadler drops $38M on Surf Club Four Seasons PH

Just weeks after officially joining the billionaires club, AI founder Daniel Nadler dropped $38.2 million on a fully furnished penthouse at Four Seasons Residences at the Surf Club. The purchase works out to a record $6,731 per square foot. Records show Nadler bought penthouse 2 in the south tower a
Read MoreJohn L. Scott CEO unpacks AI strategies and MLS consolidation

On this week’s RealTrending podcast, host Tracey Velt welcomes Lennox Scott, CEO of John L. Scott Real Estate, a company with nearly a century of legacy and leadership. With close to five decades of industry experience, Scott brings deep insights into both the past and future of real estate. Their c
Read MoreMarius Fortelni lands $60M loan for Jupiter townhouse project

Marius Fortelni’s Forté Development landed a $60 million construction loan for his planned waterfront townhouse project in Jupiter. Kriss Capital, a New York-based lender helmed by Jody Kriss, is providing the loan, according to a press release. Michael, Jordan and David Horowitz of Cooper Horowitz
Read MoreLeadingRE adds Smartify Media for digital display technology

Smartify Media has been named an exclusive provider of digital display technology for Leading Real Estate Companies of the World (LeadingRE) and its global network of more than 550 real estate firms. Smartify, which was recently recognized as the 2025 Startup of the Year by the Advertising Club of N
Read MoreMortgage application payments declined in June, indicating improved affordability

Homebuyer affordability improved in June, as evidenced by the national median payment for purchase mortgage applicants decreasing to $2,172 — down from $2,211 in May. That’s according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI), which measures how new month
Read MoreLPT Realty expands in southern California

Premier Property Partners founders Rich Johnson and Shirin Alipanah are joining LPT Realty — expanding its operations in San Diego and Palm Desert. Johnson, former owner and broker of San Diego Homes and Estates, and Alipanah, a former tech executive at Meta, bring decades of experience and a combin
Read MoreReal estate brokerage profit margins show signs of stabilization
Real estate brokerages may no longer be at the profitability peak they hit during the height of the pandemic housing market, but their margins are showing signs of stabilization after the market rapidly shifted in 2022 due to the interest rate hikes, according to data published by real estate broker
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood. Real Estate Alert reported the property’s estimated value is $41 million. Alex Sapir said the asking price is closer to $50 million. An affiliate of Israel-based Sapir Corp., which owns rou
Read MoreAlex Sapir, partners re-list Miami Opportunity Zone site for $38M

Alex Sapir’s firm and its partners are re-listing their 1.5-acre assemblage in Miami’s Edgewater neighborhood for $38 million. An affiliate of Israel-based Sapir Corp., which owns roughly 40 percent of the partnership; CNMB International, a Chinese construction company; and Hong Kong-based G-Resour
Read MoreCabot expands South Florida portfolio, pays $39M for Pompano Beach warehouse

Cabot Properties bought a Pompano Beach distribution center for $38.7 million, expanding its industrial holdings in South Florida. An affiliate of Boston-based Cabot, led by CEO Franz Colloredo-Mansfeld, acquired Pompano Business Center II, a 136,985-square-foot facility at 3001 West Copans Road, re
Read MoreCondo closings underway at Two Roads, Alpha Blue’s Forté on Flagler in West Palm Beach

Two Roads Development and Alpha Blue Ventures have begun closings for their newly completed Forté on Flagler condo project in West Palm Beach. Records show the project at 1309 South Flagler Drive received its condo declaration earlier this summer, and closings began July 14. Flagler Residential LLC,
Read MoreSouth Florida by the numbers: Infrastructure and civic projects reshaping Miami

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Miami’s current public infrastructure and civic amenity projects don’t just serve residents, they also signal long-term confidence in the market while knitting together publ
Read MoreSage Beach PH closing tops Broward weekly condo sales

Broward County’s condo sales and dollar volume dipped last week. Brokers closed 94 condo deals totaling $35 million from July 21 to July 27. That’s down from 106 condo sales totaling $35.3 million. Last week’s units sold for an average of $372,700, higher than the $333,098 average price from the pr
Read MoreThe 10 most beautiful libraries in the world

The Library of Trinity College Dublin is named the most beautiful library in the world by 200,000 voters in the 1000 Libraries Awards 2025.
Read MoreCompass CFO Kalani Reelitz announces departure

Compass Real Estate Chief Financial Officer (CFO) Kalani Reelitz will leave his position at the end of this month, the company announced during its second-quarter earnings call. Chief Accounting Officer Scott Wahlers will be promoted to Compass CFO — with the move becoming effective at the end of Au
Read MoreCompass posts record performance in Q2

Compass Real Estate reported its strongest quarterly performance in company history during the second quarter — delivering record revenue and profitability despite challenging housing market conditions. The company reported a 21.1% year-over-year revenue increase to $2.06 billion in the second quart
Read MoreTrump signs VA foreclosure prevention bill into law

President Donald Trump on Wednesday signed Rep. Derrick Van Orden’s bill, the VA Home Loan Program Reform Act, into law after it received approval last week from the Senate. The VA Home Loan Program Reform Act will reform the U.S. Department of Veterans Affairs (VA) mortgage program by adding a part
Read MoreRealty Executives International unifies Arizona operations

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1. The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Ari
Read MoreArizona homebuilders challenge groundwater restrictions

As Arizona grapples with rapid growth and a changing climate, long-standing groundwater regulations are being tested in courtrooms, boardrooms and booming desert suburbs. Developers and regulators are locked in a deepening dispute over how to manage the state’s finite water supplies — with the futur
Read MoreRE/MAX adds high-performing Hawaii brokerage

RE/MAX is expanding its presence in Hawaii with the addition of Better Homes and Gardens Real Estate Advantage Realty, a top-performing brokerage led by veteran real estate executive Myron Kiriu. The firm will officially join the RE/MAX network on Friday under the name RE/MAX Hawaii. The move brings
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