American Pacific Mortgage (APM) announced on Friday a leadership transition as longtime chairman and former president and CEO Bill Lowman prepares to retire later this month after more than two decades with the company. “Words cannot express how impactful Bill’s leadership, guidance, and commitment

Private equity billionaire Greg Mondre dropped $58 million on an oceanfront lot in Palm Beach, after spec developer Brian Stock abandoned efforts to build a mansion on the property. Mondre bought the 1.2-acre parcel at 965 North Ocean Boulevard from Stock’s 965 North Ocean Boulevard LLC, sources con

A bankruptcy court approved Terra’s lease takeover of the Miami Seaquarium property in Key Biscayne.  David Martin’s Coconut Grove-based firm has a $22.5 million lease deal in place for the 38-property at 4400 Rickenbacker Causeway, which is owned by Miami-Dade County.  The deal, which still require

Sellers have always opened their doors to prospective buyers, but the latest trend may be taking landing a sale a bit too far. It turns out, there is a growing trend of buyers asking to stay overnight in a home before making an offer, according to the Wall Street Journal. Real estate agent McKenzie

The rich are getting richer in Palm Beach County, FL, as properties continue to skyrocket in price. One property in particular is turning heads: a listing for a Manalapan megamansion with a price tag of $134 million. That's five times more than what it was originally sold for in 2013, according to R

Hollywood heavyweight Mark Wahlberg has forked over $37 million to buy a newly flipped, fully furnished Florida mansion on an exclusive stretch known as "Billionaires Row." The actor, 54, purchased the lavish retreat, which is located in the gated Stone Creek Ranch community in Delray Beach, from sp

Would you be willing to invest in an abandoned property without ever setting foot inside? For any adventurous buyers willing to take on that kind of gamble, a world of opportunity awaits, including the chance to snap up a four-bedroom dwelling for as little as $72,000. Abandoned homes traditionally

President Donald Trump's deputy chief of staff, Stephen Miller, has put his Virginia dwelling on the market for $3.75 million after the property was targeted by activists who covered the sidewalk outside of the dwelling with anti-MAGA messages. Miller, 40, who lives at the Arlington home with his wi

A city of Miami board voted to approve a rezoning of a portion of the Jungle Island property, which Terra and ESJ Capital Partners’ Ecoresiliency Miami plan to redevelop.  Miami’s Planning, Zoning and Appeals Board voted to amend the existing Jungle Island special area plan and rezone about 5.4 acre

Developer Michael Shvo is no longer involved in the Raleigh Miami Beach, the trophy asset he planned to redevelop into a luxury condo and hotel project.  New York-based Nahla Capital paid about $270 million for the three-acre property at 1775, 1757 and 1751 Collins Avenue, sources confirmed to The R

Facing a maturity date next month, a $188 million commercial mortgage-backed securities loan tied to the St. Regis Bal Harbour Resort is being transferred to special servicing, according to Morningstar.  The move comes despite the hotel’s owner, Qatari firm Al Rayyan Tourism Investment Company (ARTI

Beleaguered actor Bill Cosby has secured a buyer for his $29 million New York City townhouse—months after it was revealed he had gone into foreclosure on both of his Manhattan homes. Cosby, 88, initially put the historic seven-story, six-bedroom dwelling, which is located on East 71st St., on the ma

Mortgage rates this week for a 30-year fixed loan decreased to 6.27%, down from 6.3% last week. A small move, but perhaps an unexpected one given that markets hit the pause button amid the ongoing political standoff between Republicans and Democrats over the government shutdown. So what impact does

Much of the national housing market remains at a standstill, with sellers in some parts of the U.S. who are struggling to offload their properties increasingly offering price cuts.   Slashing a home's asking price has been a common strategy this summer and early fall as elevated mortgage rates and r

An empty waterfront plot in Palm Beach, FL, has been quietly sold for the sky-high price of $58 million—after previous plans to construct a lavish mansion on the property were abandoned in the wake of furious outcry from local residents. The parcel, which spreads over 1.24 acres and includes 150 fee

As the government shutdown stretches on, nearly 1,300 Individual Permits for construction projects of all sizes remain pending review with the U.S. Army Corps of Engineers. That’s to say nothing of the more than 1,750 additional permits under Section 404 of the Clean Water Act awaiting federal sign-

For the past six months, Jennifer Beeston of Miami Beach, FL, has been tirelessly looking for a home three hours away in Sarasota, FL. Her efforts paid off when she finally found what she thought was her dream house listed online. "It was perfect. It looked like it fell out of a magazine," she expla

A rare opportunity to own a grand estate that epitomizes California elegance and stands as a lasting landmark of architectural elegance has come to the market in Pasadena—with an asking price that is as elevated as its stately interiors. The five-bedroom dwelling at the heart of the 4-acre property

Mark Wahlberg dropped $32.6 million on a flipped mansion in the gated Stone Creek Ranch neighborhood near Delray Beach. Wahlberg’s Closest to Delray LLC, managed by attorneys Stanley Lim and Brian Dentel, bought the mansion at 9200 Rockybrook Way from spec developer Aldo Stark’s Stone Creek Ranch Ho

New York City voters will have the chance to weigh in on three key ballot measures related to housing when they cast a vote in the mayoral election next month. Front-runner Zohran Mamdani, a state assemblyman and the Democratic nominee, has made housing affordability a central issue in his campaign,