Federal Reserve Chair Jerome Powell (Getty, Freddie Mac, iStock) After reaching record-breaking lows during the pandemic, mortgage rates have been climbing at a similarly historic
Category: Business
Related Group JV Pays $15.5M for Fort Lauderdale Dev Site
409 Southeast Eighth Street in Fort Lauderdale with Related Group CEO Jorge Pérez and President Jon Paul Pérez and Henry Pino, principal at Alta Development
America’s Housing Market Appears Headed for a Drastic Slowdown
(Photo-illustration by Paul Dilakian/The Real Deal) UPDATED June 14, 2022, 5:45 p.m.: For months, Compass agent Diana Sutherlin has been running like a bartender at
Ares Buys Hialeah Industrial Development Sites For $62M
Ares co-founder, President and CEO Michael Arougheti and Countyline Corporate Park in Hialeah (Ares, Miller Construction Company, iStock) Ares Management made a $62 million double
Michael Stern’s JDS Gets $86M Loan for Brickell High-Rise
Michael Stern with rendering of 1 Southside Park (DS Development Group and SHoP Architects) New York and Miami developer Michael Stern secured an $86 million
Block Capital Group Sells Wynwood Miami Buildings For $19M
A photo illustration of 85 Northeast 27th Street (top) and 100 Northeast 28th Street (bottom) (LoopNet, iStock) Block Capital Group sold a pair of warehouses
US Polo Association Pays $95M for Mark Bellissimo Property
From left: United States Polo Association Chairman Stewart Armstrong (buyer) and Mark Bellissimo (seller) (USPA, LinkedIn/Mark Bellissimo, Google Maps) Wellington developer Mark Bellissimo sold the
Fisher Island Developer Begins Sales of Single-Family Homes
Heinrich Von Hanau and rendering of The Links Estates at Fisher Island (Fisher Island Holdings LLC, iStock) Fisher Island developer Heinrich von Hanau launched sales
TRD’s South Florida Real Estate Showcase Returns Nov. 10
Save the Date: TRD’s South Florida Showcase + Forum returns Nov. 10 As any savvy investor knows, it’s never too soon to start planning ahead.
Buyers’ Share of Home Purchases Drops: Zillow Report
Offerpad’s Brian Bair and Opendoor’s Eric Wu (LinkedIn, Twitter, iStock) The iBuyer invasion is now looking more like an incursion. Perhaps even an expeditionary force.