Southwest Florida Real Estate News and Market Insight
Market data, mortgage rate movement, housing policy, and property news from across the country and here at home in Collier and Lee counties. Anything that affects what a home in Naples, Bonita Springs, or Estero is worth, and what it costs to own one, is worth understanding before it shows up in your closing statement or your tax bill.
Jenny Bernell’s Clearline scores $89M construction loan for 310-unit Wynwood apartment project

Jenny Bernell’s Clearline Real Estate scored an $89 million construction loan for a 310-unit apartment project in Wynwood. Clearline will start construction of the 12-story 2000 Wynwood on a 1.4-acre site at 2000 and 2010 North Miami Avenue and 2021 and 2025 Northwest Miami Court in Miami, accordin
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Read More The Weekly Dirt: Is the $4B American Dream Miami too big to fail?

The Ghermezian family is still chasing the American Dream in Miami. To the average person, it seems like the planned $4 billion, 6 million-square-foot entertainment and retail center in South Florida might never get built. It’s been seven years since Miami-Dade County commissioners approved a massi
Read MoreDid lower mortgage rates already lower housing inventory?
Housing inventory growth has been slowing down since the last two weeks of June, as mortgage rates have been trending lower. However, last week we saw an actual decline week to week, which is rare for this time of year compared to recent years. What does this mean? Has active inventory peaked? Our
Read MoreTrump seems to confirm 2025 timing for Fannie, Freddie IPO

On Saturday, President Donald Trump seemed to acknowledge reporting by The Wall Street Journal on Friday that he plans to IPO Fannie Mae and Freddie Mac by the end of this year. Trump posted an AI image on Truth Social of him at the New York Stock Exchange with the words: MAGA LISTED NYSE and The Gr
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Read More Appeals court throws curve ball in potential class-action suit against Unison

The line between reverse mortgages and home equity sharing products got a little blurrier on Thursday when a Ninth Circuit Court of Appeals panel reversed a lower court’s dismissal order in a proposed class-action suit against Unison. The opinion found that the plaintiffs suing Unison have shown tha
Read MoreTech Pulse: ICE integrates with Freddie Mac, AI Summit welcomes experts

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: ICE integrates Mortgage Analyzer with Freddie Mac’s borrower verification tool ICE Mortga
Read MoreTrump’s GSE stock offering plan challenged by analysts

Analysts are tempering expectations after reports that the Trump administration aims to sell shares of Fannie Mae and Freddie Mac by the end of 2025 at a combined valuation of $500 billion — more than double some market estimates. They’re concerned about the feasibility of completing all necessary s
Read MorePaul Cejas plans Lincoln Road apartment project

Paul Cejas, the chairman of PLC Investments and ambassador to Belgium under Bill Clinton, is planning an apartment project on Lincoln Road. Cejas’ proposal for the site 1600 Washington Avenue and 1601 Drexel Avenue in Miami Beach will be considered by the city’s Planning Board at its Sept. 9 meeting
Read MoreAcre scores $72M refi for Miami waterfront multifamily project

Acre landed a $72 million refinancing for a 236-unit multifamily project on Miami’s waterfront. Nuveen Real Estate, part of TIAA, provided the three-year, floating-rate loan for Adela at MiMo Bay, a five-story apartment building facing Biscayne Bay at 6445 Northeast Seventh Avenue in Miami’s MiMo Bi
Read MoreHavenpark, PGIM Real Estate pay $28M mobile home park near Greenacres

A manufactured homes firm and PGIM Real Estate bought a mobile home community with 377 homesites near Greenacres for $28.1 million. Orem, Utah-based Havenpark Communities and Newark, New Jersey-based PGIM bought the Tavares Cove Mobile Home Park at 2315 Espana Real in unincorporated Palm Beach Coun
Read MoreMLS Now to add Rayse client transparency platform

Ohio-based MLS Now will offer the Rayse client experience platform at no cost to its subscribers beginning Aug. 12, the organization announced. The service will be available through the MLS Now dashboard. MLS Now serves more than 13,500 real estate professionals in 36 Ohio counties. Rayse — which in
Read MoreHousingWire AI Summit to address tech’s promise and pitfalls

As artificial intelligence (AI) transforms housing, mortgage lending and real estate sales, industry leaders will gather Tuesday in Dallas for HousingWire’s AI Summit to discuss the opportunities and challenges presented by the emerging technology. Summit speakers include Eric Forney, director of ex
Read MoreFlorida Value Partners acquires office portfolio near South Miami

Florida Value Partners is now a major landlord in the Kendall office submarket after picking up a three-property portfolio near South Miami for $34.3 million. Miami Lakes-based Florida Value Partners, led by Gus Alfonso, Ed Farah and Alicio Piña, acquired Commons on Sunset at 9350-9360 Southwest 72n
Read MoreThe big question: Have agent commissions changed since the settlement?

The headlines were predicting massive declines in real estate agent commissions — some even expected home prices to fall as a result, but a year after the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement went into effect the data is painting a different pict
Read MoreTrump plans IPO for Fannie, Freddie later this year

The Trump administration is reportedly aiming for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac later this year. According to The Wall Street Journal, which spoke to sources familiar with the situation, the Trump administration is preparin
Read MoreStarlife Group seeks EB-5 investors for Hollywood project

Starlife Group launched an EB-5 investor program that will help fund construction of a planned luxury Hollywood rental development. Aventura-based Starlife, led by CEO Gevorg Shahbazyan, is seeking EB-5 investors for 21 Hollywood, a 14-story, 200-unit building that will include about 10,000 square
Read MoreInvesting in real estate taught this coach what makes a real estate agent great

Most people know me as a real estate speaker and coach. I’ve trained hundreds of thousands of agents across the country on how to list, sell, and serve at the highest level. But here’s something most don’t know: I’m also an active real estate investor. I buy between six and 10 properties a year. Tha
Read MoreHomie appeals dismissal of antitrust suit against NAR

The National Association of Realtors (NAR) may have been dismissed from three antitrust suits this summer, but it appears the plaintiffs in at least one of them aren’t quite ready to give up their fight. Plaintiff Homie Technologies filed a notice of appeal on Thursday, notifying the U.S. District
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