MMG Equity Partners scored site plan approval and $6 million in tax incentives for its planned Residences at Plantation Square. The eight-story, 307-unit multifamily project at 8190 West Sunrise Boulevard is part of MMG’s 10.4-acre Plantation Square mixed-use development. The Plantation City Council

Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting

More than a year ago, New American Funding (NAF) launched a new marketing campaign that’s designed to inject a fresh attitude into how consumers view reverse mortgage products. Unlike NAF’s multimillion-dollar forward mortgage campaign, “Hell Yeah You’re Buying a Home,” which was announced last mont

MetLife Investment Management and MDM Group scored a $79.3 million refinancing for their 357-key JW Marriott Marquis Miami.  Madison Newbond, a hospitality financing arm of Madison Realty Capital and Newbond Holdings, provided the loan for the 41-story hotel at 255 Biscayne Boulevard Way in downtown

The Federal Housing Finance Agency (FHFA) signed off on Rocket Companies’ acquisition of Mr. Cooper Group but imposed a 20% cap on Fannie Mae and Freddie Mac servicing exposure — leaving analysts split on what comes next.  BTIG analysts Eric Hagen and Jake Katsikas estimate Rocket controls $400 bill

Texans Credit Union launched its first-time homebuyer program on Thursday, introducing three new loan options to spur home purchase activity. The three loan options include: Low down payment mortgages that require as little as 3% down. Flexible-rate loans The “Home Extra 105” package, which finances

With the implementation date for Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers fast approaching, Fidelity National Financial (FNF) and its subsidiaries are asking the court to take action in its lawsuit over the rule.  Filed i

Minority investors in the NBA‘s Phoenix Suns have filed a lawsuit against the team and its majority owner, Mat Ishbia. They allege being denied access to internal records, including those tied to the funding of a practice facility. The lawsuit, filed on Aug. 21 in the Delaware Court of Chancery, com

Federal Reserve Governor Lisa Cook filed suit against President Trump in a federal court in Washington, D.C. on Thursday. The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud by designating two different properties as h

Resia relinquished development of the Palmetto Station apartment complex in Medley to a real estate group that is enlarging the project to 1,152 units, The Real Deal has learned.  Jose Gonzalez of GLC Real Estate, Ivan Herrera of Unicapital Asset Management Group and Alex Lastra of Desarrollo are no

Top-producing real estate agent Mary Bee has affiliated with Coldwell Banker Realty’s office in Burlingame, Calif., the company announced. She was previously affiliated with RE/MAX Capital in San Mateo. In 2024, Bee closed 27 transactions totaling more than $74.2 million in sales volume — and has su

Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday.  Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, h

Miami’s skyline — dotted with sleek towers and older mid-rise buildings from Sunny Isles Beach to downtown Miami — reflects the variation found in the current condo market. Not all buildings are created equal.  Some command record-breaking prices and quick sales, while others see slower activity or

Broward County’s condo sales and dollar volume rose last week. Brokers closed 94 condo sales totaling $24.1 million from Aug. 18 to Aug. 24. That’s up from 42 condo sales totaling $19.6 million the week prior. Last week’s units sold for an average of $256,271, lower than the $465,448 average price f

OKO Group and Cain International’s proposed three-building Palm Beach condo project will carry the Aman brand.  OMA architect Jason Long confirmed the hospitality brand’s affiliation with the project at a Palm Beach Architectural Review Commission (Arcom) meeting on Wednesday, where representatives

Longpoint Realty Partners bought a fully leased industrial complex in Doral for $31.5 million, The Real Deal has learned.  Longpoint bought Tree Garden Business Park at 4005 and 4055 Northwest 79th Avenue in an off-market deal, according to broker Jose Sasson-Lerner.  Sasson-Lerner worked with Rober

Despite opposition from dozens of residents seeking a referendum, Boca Raton’s mayor and three council members vowed Tuesday to continue negotiations with Terra and Frisbie Group for a future megaproject slated to be built on about 31 acres of public land.  During a contentious “Government campus re

Turkish developer Okan Group is now eligible to raise EB-5 funds for its Okan Tower in downtown Miami, allowing foreign investors to help finance the Hilton-branded condo-hotel tower, The Real Deal has learned.  When completed, Okan Tower will include a 316-key Hilton hotel, 236 condo-hotel units ma

Related Fund Management bought a 292-unit apartment complex in Delray Beach for $116.9 million.  The deal comes amid an uptick in multifamily investment sales in South Florida, despite elevated interest rates and other economic headwinds.  Related Fund Management bought Aura Delray Beach at 2095 Wes

Palm Beach County’s condo sales and dollar volume rose last week.  Brokers closed 74 condo sales totaling $42.8 million from Aug. 18 to Aug. 24. That’s up from 64 condo sales totaling $31.4 million the week prior.   Last week’s units sold for an average of $578,767, higher than the $491,305 average