Luxury is an experience not a price point
Why federal support for tiny homes could be a game changer
As homelessness continues to rise nationwide, one nonprofit is pushing for a paradigm shift.DignityMoves, a San Francisco-based organization, has been leading the charge for what its founder and CEO Elizabeth Funk calls “interim supportive housing.”These cost-effective tiny home communities aim to h
Read MoreSome cities, states embrace property tax refunds for older homeowners
Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes. For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order
Read MoreNevada senator accuses Republicans of ‘land grab’ with late federal amendment
Following the revelation this week that Republican lawmakers in the House of Representatives added an amendment to a bill that would authorize the sale of thousands of acres of federal land in Nevada and Utah, a Democratic senator has called foul on the nature of the effort.Sen. Catherine Cortez Mas
Read MoreResi roundup: Billionaire Li Ge sells Fort Lauderdale mansion
In the latest roundup of South Florida luxury real estate deals, Chinese billionaire Li Ge sold a waterfront mansion in Fort Lauderdale. Deals spanned Miami Beach to North Palm Beach, and ranged in price from $8.2 million to $12.3 million. Miami Beach In Miami Beach, a businessman sold a waterfront
Read MoreWashington’s ‘upzoning’ law seeks to expand supply as Seattle home prices soar
A new law going into effect this summer in Washington aims to address the state’s housing supply woes. The legislation lifts zoning restrictions to allow for more multifamily development and comes as the median single-family home price in the Seattle area set a new record by exceeding $1 million.H.B
Read MorePanattoni seizes Flagler Station offices in deed in lieu, pays $21M for nearby building
Bridge Investment Group relinquished a Miami-Dade County office building in a deed in lieu of foreclosure and sold a nearby property for $20.8 million. The deals came as both buildings are struggling with high vacancies. Panattoni Development acquired both the half-vacant Building 1100 at 10451 No
Read MoreNew York bill targets lender payouts in deed fraud cases
State lawmakers in New York have introduced legislation that would block mortgage lenders from receiving title insurance payouts when real estate transactions are later found to be based on stolen deeds.S.B. 7732 was introduced May 2 and seeks to prohibit title insurers from compensating lenders for
Read MoreRealterm buys industrial outdoor storage in Pompano Beach for $25M
A logistics real estate company bought an industrial outdoor storage site in Pompano Beach for $25 million. Annapolis, Maryland-based Realterm purchased the property at 3120 Northwest 16th Terrace, according to the buyer’s news release. Entities led by Scott Daiagi sold the two-lot site, records sh
Read MoreLouis Birdman and partners win approval for mixed-use development with 618 apartments in Hollywood
Developer Louis Birdman and partners advanced plans to build 618 apartments in Hollywood, as part of a mixed-use development on a city-owned brownfield property just west of I- 95. The Hollywood City Commission voted Wednesday to rezone the site from “government use” (GU) to “planned development” (P
Read MoreModerno and Gaia launch first phase of $300M single-family home fund for Miami’s urban core
As many developers go vertical with condo projects across South Florida, Moderno Development Group and Gaia Real Estate Holdings are betting on continued demand for single-family homes. The two firms launched a $150 million fund called MILAS, which stands for Miami land and single-family, to buy hu
Read MoreRiviera Beach approves 25-story mixed-use condo project
Forest Development’s Peter Baytarian can move forward with plans to build a pair of 25-story mixed-use condo towers in Riviera Beach. The Riviera Beach City Council Wednesday evening unanimously approved a pair of resolutions tied to the project, called Oculina, to be built at 3700 Broadway. Design
Read MoreLadder Capital sues Banyan Street’s Rudy Prio Touzet over $39M loan for Maryland building
Banyan Street Capital’s Rudy Prio Tourzet is allegedly on the hook for $3.6 million tied to a distressed office property in Maryland. In a recent lawsuit filed in New York State Supreme Court, Ladder Capital alleges Touzet signed as a guarantor on a delinquent $38.5 million loan secured by an office
Read MoreDigital marketing boss sells Delray Beach mansion for $24M
Digital marketing boss Jeffrey Herzog and his wife, Jill Herzog, sold their Delray Beach mansion for $23.5 million in an off-market deal. Records show the Herzogs sold the house at 9480 Bent Grass Court to the ST Land Trust with attorney Parker F. Taylor signing on behalf of the buyer. The true buye
Read MoreDeveloper plans nine-story hotel near downtown Fort Lauderdale
A Connecticut-based developer plans to build a nine-story hotel just east of downtown Fort Lauderdale and operate it under the Canopy by Hilton brand. New Castle Hotels & Resorts won city approval Tuesday for the 172-room hotel one block east of Federal Highway and two blocks north of East Las Olas
Read MoreUber misses revenue expectations with trips up 18% over last year
CEO Dara Khosrowshahi said that autonomous vehicle tech is "the single greatest opportunity ahead for Uber."
Read MoreWhy Target is losing out against competitors Walmart and Costco
Target has made operational mistakes and faced backlash over its rollback of DEI initiatives, leading shoppers to choose rivals like Costco and Walmart.
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The FAA said air traffic controllers took time off to recover from the stress of the event.
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United Airlines said FAA staffing and technology problems have contributed to hundreds of flight delays this week.
Read More American Airlines to debut new suites with sliding doors after delays
American Airlines unveiled the suites' design in September 2022 but was hit with delays from suppliers.
Read MoreMongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia's GDP if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday.
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