Author: Florida Real Estate News

Florida’s housing market is experiencing a notable shift as home inventory declines for the first time in two years, following a period of consistent growth. This change comes as national demand also shows signs of slowing. While inventory is decreasing, home prices are exhibiting varied trends across the state, presenting a complex landscape for both buyers and sellers. Key Takeaways Florida’s housing inventory has declined year-over-year for several consecutive months, marking a reversal after two years of growth. This inventory decrease is attributed to fewer new listings and an increase in delistings, as sellers hesitate to list in a cooling…

Latin American buyers are significantly shaping the South Florida real estate landscape, injecting substantial capital into the market. Investments from the region have reached hundreds of millions of dollars, underscoring its dominant role in foreign real estate transactions across the United States. This trend is largely driven by economic and political instability in Latin American countries, prompting a search for stable investment havens. Key Takeaways Latin American investors accounted for $367 million in South Florida real estate transactions between August 2023 and July 2024. The region represents 29% of all foreign real estate investments in the U.S. Approximately 91% of…

Oak Row Equities and LNDMRK Development have officially broken ground on 2900 Terrace, a significant new luxury multifamily tower in Miami’s Edgewater neighborhood. This development follows the successful procurement of $210.5 million in construction financing earlier this summer, signaling a major step forward for this prime real estate project. Key Takeaways Oak Row Equities and LNDMRK Development are developing 2900 Terrace, a luxury multifamily tower in Miami’s Edgewater. The project secured $210.5 million in construction financing, including a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan from Canyon Partners Real Estate. Designed by Arquitectonica, the…

The Falcone Group is set to make a significant presence at The Real Deal South Florida Real Estate Forum, a premier industry gathering taking place on November 5th and 6th at the Mana Wynwood Convention Center in Miami. The prominent real estate development firm will highlight two of its key projects located in the thriving Orlando market, offering attendees a glimpse into innovative hospitality and residential investment opportunities. Key Takeaways Falcone Group will showcase Embassy Suites by Hilton Orlando Sunset Walk and Spectrum Reunion Resort at Booth G1. The event is a major platform for connecting with industry leaders and…

The Namdar Group has secured a significant $460 million in financing for two major multifamily towers in downtown Miami. This substantial investment will fuel the completion of an existing project and the construction of a new adjacent development, promising to add nearly 1,400 high-end residential units to the Miami skyline by 2028. Key Takeaways Namdar Group has secured $460 million in loans for two downtown Miami multifamily towers. The financing includes $230 million for Phase I completion and lease-up, and $230 million for Phase II construction. Upon completion in 2028, the project will feature nearly 1,400 high-end units. SCALE Lending…

Banesco USA, a prominent Florida state-chartered bank with over $4.4 billion in assets, is significantly expanding its footprint in the Broward County market. The bank has established a new Loan and Deposit Production office in Plantation and plans to open a full-service branch there later this year, subject to regulatory approval. This strategic move is spearheaded by the addition of a seasoned four-person corporate banking team. Key Takeaways Banesco USA has launched a new corporate banking team to drive expansion in Broward County. A new Loan and Deposit Production office has opened in Plantation, with a full-service branch planned. The…

A federal government shutdown is casting a significant shadow over Florida’s booming real estate market, causing delays in crucial transactions, particularly those involving flood insurance, government-backed loans, and essential permits. The prolonged closure of federal agencies is creating uncertainty for buyers, sellers, and builders alike, with potential ripple effects on the state’s economy. Key Takeaways The National Flood Insurance Program (NFIP) is frozen, preventing new policies and renewals, which is critical for Florida’s flood-prone areas. Government-backed mortgage programs, including those from the USDA, FHA, and VA, are experiencing delays or halts due to reduced staffing. Permit approvals for new construction…

The sprawling Nashville mansion famously known as Rayna James’s home in the hit TV series "Nashville" is now available for purchase at a staggering $24.5 million. This luxurious estate, which also served as the Flower Magazine 2025 Show House, offers an unparalleled glimpse into the opulent lifestyle depicted on the show. Key Takeaways The former on-screen residence of Rayna James is listed for $24.5 million. The property boasts six bedrooms and sits on six acres of land. The mansion spans an impressive 21,830 square feet. It has undergone a recent, extensive renovation. A Glimpse Inside the Star’s Estate The magnificent…

Buying a home in today’s competitive market often means considering properties that require a bit of work. For first-time homebuyers, navigating the world of renovations can seem daunting. This guide offers practical advice to help you tackle your fixer-upper with confidence, ensuring your new house becomes your dream home. Key Takeaways Explore renovation-specific mortgage options. Prioritize efficiency and natural light over expanding the footprint. Be prepared for DIY tasks and unexpected costs. Plan for thorough inspections and phased projects. Always overestimate renovation budgets. Understanding Your Financing Options Before diving into any projects, it’s crucial to understand how you’ll finance both…

New York-based investment firm Adirondack Capital Partners (ACP) has officially expanded its real estate investment platform into Florida, marking a significant strategic move into one of the nation’s most dynamic markets. The firm has established its first Florida office in Miami Beach, signaling a commitment to leveraging the state’s robust growth. Key Takeaways Adirondack Capital Partners has opened its inaugural Florida office in Miami Beach. Brittany Feinberg has been promoted to Partner and will lead the new Miami office. The firm has a $30 million waterfront development site under contract on Florida’s west coast. Strategic Expansion into the Sunshine State…