Residential Real Estate
Prosper, European developer buy Miami River condo dev site for $50M
Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million. They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Brickell Riverfront assemblage.   Miami-based Prosper, led by former Wall Street financier Jay Roberts, and Belgium-based Versluys plan a $650 million, 60-story luxury condo tower on the adjacen
Inside the power struggle between PMG and a downtown Miami condo-hotel association
Property Markets Group sued the condo association at the Elser Hotel & Residences, marking the latest dispute between them over control of the downtown Miami condo-hotel.  Last week, an affiliate of Miami-based PMG sued 398 NE 5th Street Condominium Association, the property management firm RealManage and Steve Hardee, alleging the association has been running a fraudulent scheme to take unit owners’ fees that are owed to PMG.  PMG’s complaint was filed just days after the condo as
Fannie, Freddie tighten screws on condo buyers
Fannie Mae and Freddie Mac tightened their condo financing rules effective Monday, a move that will make it harder for buyers to secure conventional mortgages and refinancings in buildings lacking sufficient financial reserves.  Fannie Mae retired its mandatory PERS (Project Eligibility Review Service) review requirement for new condo projects in Florida. It also retired its limited review process, which allowed lenders to approve conventional mortgages without a deep dive into a condo asso
South Florida’s top deals: Bal Harbour condo trades for $15M
🏆 Residential: The priciest recorded home sale was in Bal Harbour. A trust purchased a condo at 10201 Collins Avenue from a company led by Jason Claxton for $14.5 million. The unit measures 4,000 square feet, pricing the transaction at $3,600 per square foot. The corner pad has three bedrooms, four and a half bathrooms, oceanfront views and a terrace. The seller paid $10.7 million for the residence in 2023. 🏆 Commercial: Lantana had the most expensive commercial sale to hit records. Miami-base
How to Build Your Own Real Estate Investing Team (From Scratch)
Real estate investing is a team sport. You can buy great rental properties in great neighborhoods and still fail—all because you don’t have the right people around you. Today, we’re […]
Lake County, IN Housing Market Update: July 2026
Key Takeaways Lake County home prices rose about 4% year over year to $294,137 in July, slightly above the national pace of 3%. Homes sold in a median of 26 days—23 days faster than the U.S. median. Inventory fell about 7% from a year earlier to 2,220 active listings, while nationally the supply of homes barely changed. The county had just 2.6 months of supply versus 3.9 nationally. Nearly 40% of listings went under contract within two weeks, and about a quarter of homes sold above asking price
Lake County, IL Housing Market Update: July 2026
Key Takeaways Lake County prices surged nearly triple the national pace in July. The median sale price rose 9% year over year to $433,728, far outstripping the national rate of about 3%. Homes sold two days faster than a year ago and pending sales climbed 8% year over year, even as active listings grew 6% and new listings jumped 14%. Nearly half of homes sold above list price, and supply sat at just 2.4 months, signaling continued seller control despite the influx of fresh inventory. Lake Coun
San Diego County, CA Housing Market Update: June 2026
Key Takeaways San Diego County was a seller’s market in June: homes moved in 27 days, inventory shrank for the fifth straight month, and more than a third of sales closed above asking price. Homes sold surged 16% year over year to 2,344—the largest monthly gain since early 2024—while pending sales also rose 8%, signaling sustained buyer demand. Active listings fell 5% even as new listings grew 6%, meaning rapid absorption continued to outpace fresh supply. San Diego County, CA Housing Ma
Travis County, TX Housing Market Update: June 2026
Key Takeaways Home sales in Travis County surged 16% year over year in June while pending sales jumped 19%, far outpacing national gains of about 4%, as buyers capitalized on stable prices and elevated inventory. The median sale price rose to $530,000—up 1.9% from a year ago—marking the first sustained appreciation since the 2022 correction, though still well below the pandemic peak near $650,000. Months of supply fell to 4.9 from over 6 a year ago, signaling a rapid shift from a clear buyer
Owning South Florida? Jessica Taylor leaves Serhant, joins Douglas Elliman
Jessica Taylor of “Owning Manhattan” fame left Serhant and joined Douglas Elliman, making the drive down to South Florida from New York this past weekend.  Taylor, known for her role on the Netflix show that follows brokerage founder Ryan Serhant, left his firm and moved to Palm Beach. On Instagram, where she has nearly 40,000 followers, she said there is “no bad blood whatsoever” between her and her former firm, praising her time with Serhant. She told The Real Deal she expected to s
DuPage County, IL Housing Market Update: July 2026
Key Takeaways DuPage County remained a seller’s market in July. Prices grew more than double the national pace, and nearly half of homes sold above asking price. The median sale price reached $459,153, up 7% year over year, while national prices rose just 3%. New listings surged 18%, marking the second consecutive month of double-digit supply growth. DuPage County, IL Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $459,153 (+
2026’s “Discounted” Properties Aren’t the Bargain They Look Like
If you’re investing in real estate, you’re probably asking, “How much can this property make me?” But in 2026, it’s the opposite question that actually builds your wealth: “How much […]
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven
Home equity is one of the biggest, most underused assets most investors have. It’s sitting there, tied up in the walls of a property, while cash-out refinances take weeks and […]
Deal Diary: How a Math Teacher Bought 19 Doors
Name Christle Stezskal Location Northwest suburbs of Chicago, Illinois (investing in Kansas City, MO, and Rock County, WI) Occupation Full-time real estate investor (former high school math teacher and IT […]
Four Properties on a Teacher’s Salary by Buying Small, Affordable Homes
You know what’s best for you—that’s the advice today’s guest offers, and it’s the exact mindset that took him from house hacking on a teacher’s salary in his mid-20s to […]
Mystery buyer drops $53M on oceanfront Golden Beach assemblage
A secret buyer spent $52.6 million to acquire a waterfront home and the lot next door in Golden Beach, marking one of the largest residential sales to close in the town.  The undisclosed buyer paid $32.5 million for the beachfront mansion at 387 Ocean Boulevard, and $22.3 million for the development site at 395 Ocean Boulevard, according to listings websites. The land totals 1.4 acres with 225 feet of ocean frontage. Douglas Elliman’s Dina Goldentayer represented the buyer, according to her
Palm Beach lots asking $36M top luxury contracts amid busy season
A pair of Palm Beach parcels asking a combined $36.1 million topped luxury contracts last week. Buyers signed 33 contracts between March 16 and March 22 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $238.2 million in asking dollar volume and averaged 117 days on the market. The previous week, buyers signed 21 contracts totaling $255.4 million. The report tracks signed contracts for single-family homes and
Batmasians’ controversial Mizner Plaza project approved by outgoing Boca Raton council
Boca Raton’s developer-friendly city council has until March 31 to push through agenda items, before a slate of recently elected NIMBY representatives takes the majority. James and Marta Batmasian’s controversial two-building 12-story hotel project near Mizner Park fit into that narrow window. Boca Raton officials approved the Batmasians’ 219-key Mizner Plaza Hotel project at 132 and 170 Northeast Second Street by a vote of 4 to 1 during Monday’s Community Redevelopment Agency meeting, despite p
Celebrity-hyped Goodtime Hotel faces $149M foreclosure by CIM
CIM Group escalated its legal war with Goodtime Hotel’s owners, filing a $149.3 million foreclosure complaint to seize the Miami Beach property.  On Jan. 27, an affiliate of Los Angeles-based CIM sued an entity managed by Eric Birnbaum and Michael Fascitelli, who lead New York-based Imperial Companies, for allegedly failing to live up to forbearance agreements since 2024 when the entity stopped making regular interest payments on a $152 million loan. The developers also allegedly did not pa
Single Parent First-Time Homebuyer Grants: What Programs You May Qualify For
Key takeaways Most homebuying assistance programs are offered locally through state Housing Finance Agencies (HFAs), cities, counties, and nonprofits. Many programs labeled as “grants” are actually forgivable loans or deferred second mortgages with conditions. Programs are typically based on income, household size, and first-time homebuyer status Buying a home on one income can feel overwhelming, especially with rising home prices and upfront costs like down payments and closing fees. For many
Alex Sapir’s divorce heading to trial in October
Nearly four years after Yanina Sapir filed for divorce from her estranged husband, developer Alex Sapir, their fight appears to be headed to a conclusion. Yanina filed for divorce in April 2022, seeking child support and alimony from her husband based on the lifestyle they shared during their marriage. Their divorce could be wrapped up at trial in October, though the Sapirs could settle it before then.  Recent filings shed light on the ongoing battle.  Last week, Miami-Dade Judge Geor
Can You Get a Mortgage Without Two Years of Work History?
Two years of work history is common but not always required: Some borrowers can qualify with a new job, recent degree, or other proof of stable income. Lenders look at your full financial picture: Credit score, debt-to-income ratio, savings, and down payment can all strengthen your application. Loan options vary by situation: Programs like FHA or VA loans may offer more flexibility for buyers. Yes, it’s possible to get a mortgage without two years of work history. While most lenders prefer to
The First Domino? Investors Pull Billions as Real Estate Bank Runs Return
Investors are pulling billions of dollars (yes, billions) out of real estate investments at a record pace as “bank run” style withdrawals return. Blackstone has already seen record withdrawal requests […]
8 Spring Break Destinations You’ll Want to Call Home Year-Round
Every spring, travelers flock to the same destinations for warm weather, beaches, and a change of scenery. But not all spring break hotspots fit the typical mold—some offer something a little more unexpected. Beyond a quick escape, these cities stand out for their year-round recreation, strong local culture, and climates that attract full-time residents. Here are eight spring break destinations that aren’t just great for a week of vacation, but are also strong contenders for a place to call
The Passive Investor’s Case For Investing in Multifamily
This article is presented by BAM Capital. You bought your first rental, or maybe your second and third. You learned how to screen tenants, handle maintenance calls at 11 p.m., […]
A High Cost of Living is Making it Tough to Save and Invest—Use These Practical Tips to Stay on Track
A recent Wells Fargo survey shows that nearly all Americans want to save in 2026, but doing so is proving harder than ever. Being able to save is one of […]
Choosing a Paint Color for Your Home: 6 Expert-Approved Tips That Work
Choosing a paint color for your home can feel exciting at first, but it often gets overwhelming once you see just how many options are out there. From subtle undertones to changing light throughout the day, a color that looks perfect on a swatch can feel completely different once it’s on your walls. The good news is that with a thoughtful approach, the right paint color can completely transform your space and potentially increase your home value. In this Redfin guide, we’ll walk through expe
4 Ways to Get Out of a Shared Ownership: A Guide for Homeowners
Key Takeaways Shared ownership means multiple people hold legal rights to a property, often as joint tenants or tenants in common. The most common ways to exit include selling the home, buying out a co-owner, or negotiating a settlement. If co-owners cannot agree, a partition action can legally force the sale of the property. Keeping detailed financial records and seeking legal advice early can help ensure a fair outcome. Shared ownership can make buying a home more accessible,
The “Escape Corporate” Rental Property Plan I Followed to “Retire” in My 30s
15 years ago, Matt McCurdy had everything—a good corporate job, a great degree, and a path to a comfortable retirement…in 30 years. The problem? Matt didn’t want to wait 30 […]
8 Real Estate Deals in 2 Years While Working Full-Time (Raising 4 Kids)
How badly do you want to leave your nine-to-five job, retire early, or travel the world? For this mom of four, working until traditional retirement age was never an option. […]
Mayor Steven Meiner, commissioner Laura Dominguez win reelection in Miami Beach
Miami Beach voters propelled Mayor Steven Meiner and city commissioner Laura Dominguez to second terms, while two candidates vying for an open city commission seat are headed to a runoff. Meiner captured 51 percent of the vote, beating his lone challenger, city commissioner Kristen Rosen Gonzalez, by about 350 ballots, election results show. Dominguez thumped her opponent, spec home developer Fred Karlton. She garnered more than 60 percent of the vote, despite a campaign by Karlton and city comm
Miami voters reject old guard, send Eileen Higgins and Emilio Gonzalez to mayoral runoff
For the first time in a long time, Miami’s next mayor won’t be a member of a familial political dynasty.  On Tuesday, former Miami-Dade County commissioner Eileen Higgins and ex-Miami City Manager Emilio Gonzalez won first and second place, respectively, in Miami’s mayoral election. However, Higgins did not capture more than 50 percent of the vote to avoid a runoff.  The race featured 13 candidates, but the real drama involved three contenders whose families have lorded over Miami poli
How to Make Bigger, Faster Returns Without Buying Rentals
Buying rentals isn’t the only way to build wealth with real estate—far from it. Today’s guest is making huge returns without fixing toilets or evicting tenants. If you want a […]
4 High-Return, Beginner-Friendly Investing Strategies for 2026
Want to start investing in real estate? Then you’ll need an easy way to get into the game: no huge fix and flips or pricey renovations, no 20-unit apartment buildings […]
Raoul Thomas’ financially embattled CGI Merchant sells co-working portfolio for $31M
Raoul Thomas’ financially floundering CGI Merchant Group sold its Nexus co-working portfolio for $31 million.  Over the past two years, Miami-based CGI Merchant has faced debt woes on its properties and parted with most of its portfolio through either foreclosures or sales. Its troubles came amid elevated interest rates that have increased payments for floating-rate loans and made it difficult to refinance, plus skyrocketing insurance.  In the most recent deal, CGI Merchant sold five o
Washington Prime sells Coral Springs shopping center for $61M
Washington Prime Group sold a Coral Springs shopping center for $60.5 million to a joint venture led by Carlyle Management Group. Two affiliates of Boca Raton-based Carlyle Management, led by Charles Rosner, and an entity managed by Edward Rutkovsky in Boca Raton bought Royal Eagle Plaza at 9100-9190 Wiles Road, records and real estate database Vizzda show. The buyer partially financed the purchase with a $40 million Wells Fargo loan.  The Carlyle affiliates own 66 percent, and Rutkovsky’s
13th Floor, Key International launch Nobu-branded Brickell condo project
13th Floor and Key International are launching a Nobu-branded condo tower in Miami’s Brickell, the brand’s first residential project in the city. The announcement follows a controversial fight over the development site, which is on the longtime grounds of the historic First Miami Presbyterian Church at 609 Brickell Avenue.  Brickell residents opposing the development lost their fight in April, allowing the developers to move forward with the project. The tower is planned for 2.2 acres curre
Why Mortgage Rates are Rising as the Fed Keeps Cutting
The Fed cuts rates, and mortgage rates go up. Then they do it again, and rates…go back up. How does this keep happening? Has the Fed lost complete control over […]
How Investors Are Using Fixed Notes to Hedge Against Vacancy Risk
This article is presented by Connect Invest. Real estate investing is a great way to get passive income. But what happens when your passive investment requires active attention: your tenant […]
Why New Construction Homes are Outperforming Older Homes and the Market
This article is presented by Rent To Retirement. If you’ve ever bought an older rental property, you know the drill. The listing calls it “charming” or “full of character.” You […]
Loans for Flipping Houses: How to Finance a Fix-and-Flip Project
If you’re planning to flip a house – buy a property, renovate it, and sell it for a profit – understanding your financing options is essential. In this Redfin article, we’ll break down the most common types of loans for flipping houses, how to qualify, and what to watch out for when borrowing. Whether you’re renovating a home in Detroit, MI, or transforming a fixer-upper in San Antonio, TX, this article covers the key costs, loan types, and strategies to help you flip successfully. Why fina
Can You Buy a Foreclosure With a VA Loan?
Buying a home with a VA loan can be one of the most affordable paths to homeownership for eligible service members, veterans, and surviving spouses. But what if you’re eyeing a foreclosed property? Can you use your VA benefits for that? In this Redfin article, we’ll break down everything you need to know about using a VA loan to buy a foreclosure, including how it works, what to watch for, and key steps to make the process smoother. Whether you’re purchasing a house in San Antonio, TX, or explor
What Is a Cash-Out Refinance and How Does It Work?
If you’ve built up equity in your home, you might be wondering how to tap into it without selling. A cash-out refinance lets you do just that by replacing your existing mortgage with a new, larger one and taking the difference in cash. In this Redfin article, we’ll explain what a cash-out refinance is, how it works, its pros and cons, and when it might make sense for you. Whether you’re renovating your home in Austin, TX or consolidating debt in Los Angeles, CA, understanding this financing opti
How to Furnish Your Home Fast (Without Waiting Weeks for Delivery)
There’s nothing quite like the thrill of getting the keys to your new home and imagining how you’ll furnish it. The perfect sofa, a dining table for hosting, maybe new bedroom furniture to match the space. But that excitement can fade fast when you realize your dream sofa is on back order for 12 to 18 weeks. Between shipping delays, limited inventory, and long lead times, it’s hard to feel settled in a space that’s supposed to be yours. Whether you’re moving into a house in Be
Do You Have to Pay a Real Estate Agent If You Don’t Buy or Sell a Home?
Key takeaways: Most agents only get paid when a sale closes: If no home is bought or sold, you typically owe nothing. Your contract is key: Certain clauses can require payment if you back out after an accepted offer. New NAR rules add transparency: Agents must disclose fees upfront, so you’ll know exactly when commissions apply. You’ve spent weeks working with a real estate agent to find your next home or sell the one you have. Then life changes: you decide not to move forward. Now you’re lef
Resident scores $114M refi for 279-unit apartment tower in Edgewater
Resident Group scored a $113.8 million refinancing for its 279-unit Metro Edgewater apartment tower.  The deal marks a continuing lending boom in South Florida, despite elevated interest rates.  Miami-based Resident Group –– a partnership among Camino Capital Management, Lujeni, Korner and Building Block Realty –– completed the 32-story tower at 452 Northeast 31st Street in Miami in 2023, according to records. The partners rebranded under Resident Group.  The refinancing is a Fede
Price revealed: The Weeknd pays record $50M for Gables Estates mansion
The Weeknd closed on a waterfront mansion in gated Gables Estates for $50 million, making it the most expensive home ever sold in Coral Gables. Brokers confirmed that the sale of the estate at 41 Arvida Parkway closed for $50 million, although the deed has not yet appeared in public records. The Real Deal reported earlier this month that The Weeknd, whose legal name is Abel Makkonen Tesfaye, was in contract on the $54.9 million listing.  Eddy Martinez and Roland Ortiz of One Sotheby’s Inter
This Housing Correction Could Last Years
The headlines say “slowdown,” but let’s call it what it is: a housing correction. Prices (in real terms) are slipping, days-on-market is stretching, and cooling is broadening across regions and […]
Terra and New Valley nab $130M refi for northwest Miami-Dade multifamily project
Terra and New Valley landed a $129.7 million refinancing for Natura Gardens, a 460-unit apartment community in northwest Miami-Dade County. New York Life Insurance Company and an affiliate of Blackstone provided the loan for the complex at 17351 Northwest 94th Court near Hialeah, according to a statement from a Terra spokesperson. Keith Kurland and Michael Diaz with Walker & Dunlap arranged the refinancing on Terra’s behalf.  The mortgage replaces a $127 million loan provided by an affi
9132 Las Manaitas Ave #202, Las Vegas, NV 89144
Price: $1,084,000Status: For saleBed: 2Bath: 2.5Sq ft: 2,052Built: 2025Est monthly payment: $5,498/mo This beautiful home was perfectly crafted to fit your lifestyle. The gourmet kitchen makes a statement with its premium finishes, upgraded cabinets, and stainless steel appliances. The open-concept great room is the perfect atmosphere for entertaining, with connectivity to the dining area and expansive views of the outdoor living space. The resort-style amenities in this communit