Fannie Mae and Freddie Mac blocked the sale of a beleaguered condo complex in Pembroke Pines. The companies’ temporary injunction essentially halts the planned sale
Category: Business
Dan Kodsi misses deadline in Legacy Miami Worldcenter foreclosure lawsuit
Developer Dan Kodsi missed a deadline to post a surety bond as part of an agreement reached with his lender, Monarch Alternative Capital, in the
Ares bulks up South Florida industrial holdings with $56M Broward buy
Ares Management added a Broward warehouse to its South Florida industrial portfolio. An affiliate of Los Angeles-based Ares, led by Michael Arougheti, paid $56 million
CC Homes pays $50M for 151 homesites in Davie
CC Homes paid $50 million for a development site in Davie planned for 151 single-family homes. CC Homes, led by Armando Codina and Jim Carr,
MAGAfied: Ron DeSantis and cabinet members approve Miami site for Trump library
Florida’s top state officials, including Gov. Ron DeSantis, approved conveying a parking lot next to Miami’s Freedom Tower for a Donald Trump presidential library. As
Government shutdown presents outsized risk to Florida real estate
The clock is ticking on the federal flood insurance program, and Florida real estate could take the biggest hit if Congress fails to act. The
The brokerage landscape is changing. What should agents expect from their firms?
The competition for top agents has never been more intense. At the same time, the way business is done is shifting dramatically, fueled by mega-mergers
Media mogul Jon Steinberg drops $15M on Palm Beach spec home
Jon Steinberg, a media executive known for founding Cheddar News, bought a Palm Beach spec home for $14.6 million in an off-market deal. Records show
Bristol condo asking $23M tops Palm Beach County signed contracts
A condo in West Palm Beach’s Bristol tower led luxury contracts in Palm Beach County last week. Buyers signed 19 contracts between Sept. 22 and
Mocca’s pending sale of $20M Ponce-Davis spec home tops active week in Miami-Dade
Alex Pirez’s Mocca Group found a buyer for a spec home that’s nearly completed in Miami’s Ponce-Davis neighborhood, topping luxury sales activity in Miami-Dade County