KEI Properties added to its North Miami-Dade County holdings after paying $22.5 million for an Aldi-anchored shopping center, as well as taking over a mortgage for the same amount. Three affiliates of North Miami-based KEI, led by Kenneth Israel, bought Palmetto Plaza at 15905, 16101, 16301, and 163

LUX Real Estate Company ERA Powered has expanded with the acquisition of Vail Real Estate Center, the firm announced this week. The Cherry Creek North, Colorado-based brokerage — founded and led by Emily Duke — will now have a presence in one of the state’s most competitive resort markets. Founded i

The knowledge and use of artificial intelligence (AI) among older generations is often misunderstood and mischaracterized. But seniors are often following the path of the wider population when it comes to incorporating AI into their daily lives. Recent survey data published by the University of Mich

The Church of Jesus Christ of Latter-day Saints’ real estate investment arm picked up a 384-unit apartment complex in Boca Raton for $152.5 million.  The deal marks the church’s continuing investment in South Florida properties over the past two years. The religious institution has made the purchase

Attention Mortgage Professionals! You’ve been selected to participate in our exclusive survey on AI in mortgage operations. Your insights are crucial! Click Here As noted at the HousingWire AI Summit, exploring AI solutions is essential. We want to know your journey and strategies in this exciting f

Roger Alford’s time at the Department of Justice (DOJ) may have been brief — much to the relief of the real estate industry — but that doesn’t mean he doesn’t have thoughts on his time there.  Alford, a law professor at Notre Dame who served as an expert witness testifying against the real estate in

CrossCountry Mortgage (CCM), a branch manager in Georgia and a former employee have reached a settlement in a sexual harassment lawsuit, according to court filings. The case began in June 2023 when former processor Christina Nielsen alleged that branch manager Steven Bocca subjected her and other fe

Existing home sales in July exceeded monthly estimates and demonstrated year-over-year growth. However, it’s important to remember that we started from a low baseline for sales in 2024, so this year-over-year growth needs to be viewed in context. For those who have been following our weekly tracker,

David Martin’s Terra and the Morrison family’s Sympatico Real Estate secured a $285 million construction loan for their planned Mr. C Hotel & Residences West Palm Beach.  Tyko Capital, a New York-based real estate firm backed by Elliott Investment Management, is the lender. The developers launched s

More than two in five American workers say concerns about job security are causing them to delay or cancel a major purchase such as a car or home, according to a new Redfin-commissioned survey. The survey found that 44% of employed U.S. residents put off or scrapped such purchases. Another 30% said

Billionaire Steve Ross scored a $340 million refinancing for the One Flagler office tower, completed this year in downtown West Palm Beach.  Related Ross, Ross’ real estate firm formed last year, obtained the loan from BDT & MSD Partners for the 25-story building at 180 Lakeview Avenue, according to

Broward County’s condo sales and dollar volume dropped last week.  Brokers closed 42 condo sales totaling $19.6 million from Aug. 11 to Aug. 17. That’s down from 96 condo sales totaling $29 million the week prior. Last week’s units sold for an average of $465,448, higher than the $302,128 average pr

Spirit Airlines raised doubts last week that it could survive a year without more cash.

Some 54% of Americans now say they consume alcohol, according to a Gallup poll. Those who quit describe how it's changed their travel habits.

Two years after the project was first floated, Boca Raton’s Planning and Zoning Board is slated to vote on James and Marta Batmasian’s proposed Mizner Plaza development. The Batmasians are seeking approval for a 12-story, 242-key hotel, 16,000 square feet of restaurant space, 18,840 square feet of r

Edgardo Defortuna’s Fortune International Group is tapping the EB-5 investor visa program to help fund its Ora by Casa Tua condo-hotel tower planned in Miami’s Brickell. The developer filed an application for EB-5 designation with the U.S. Citizenship and Immigration Services, according to a press r

Trammell Crow Residential scored a $66.4 million construction loan for a 338-unit apartment complex in Margate.  The deal comes as financing for new South Florida residential projects continues to flow, despite elevated interest rates, slower lease-ups and other headwinds.  Dallas-based Trammell Cro

Baptist Health South Florida continued expanding its real estate holdings with an office building purchase in Kendall.  Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $14.2 million for the two-story medical office building at 9090 Southwest 87th Court, a press release states. The p

Alaska will join other airlines in raising the requirements to earn elite status.

Miami-Dade Property Appraiser Tomas Regalado is seeking higher market valuations for a handful of signature properties and development sites in the county.  During a two-day span of July 29 and July 30, the property appraiser’s office filed separate lawsuits in Miami-Dade Circuit Court against 17 ow