Author: Florida Real Estate News
Miami-Dade’s condominium market is experiencing a significant shift, with declining values in many areas and a notable increase in buyer leverage. While overall real estate values in the county saw growth, the condo sector presents a more complex picture, influenced by new regulations, rising costs, and evolving buyer priorities. Key Takeaways Condo values have seen a slight decline countywide, with steeper drops in coastal markets like Aventura and Miami Beach. Affordable condo segments and those in less expensive markets are showing more resilience. Increased inventory and a longer sales timeline indicate a market where buyers have more options and negotiation…
Trinity Investments, a prominent real estate investment firm, has officially moved its headquarters from Honolulu to Miami, Florida. This strategic relocation coincides with a notable reduction in the company’s Hawaii portfolio, signaling a significant shift in its operational focus and geographic priorities. Key Takeaways Trinity Investments has relocated its headquarters from Honolulu to Miami. The move is accompanied by a contraction of the firm’s real estate holdings in Hawaii. This strategic shift indicates a potential reorientation of the company’s investment strategy. Strategic Relocation to the Sunshine State The decision by Trinity Investments to establish its new headquarters in Miami marks…
Florida’s housing market is presenting a complex picture as 2026 begins, with early indicators showing an increase in closed sales, new pending sales, and available listings. While this suggests a market gaining momentum, median sales prices are showing a slight year-over-year decrease, indicating a period of stabilization rather than rapid appreciation. Key Takeaways Increased Activity: Closed sales, new pending sales, and new listings all saw year-over-year increases in January 2026. Price Stabilization: Median sales prices for both single-family homes and condo-townhouse units experienced slight declines compared to the previous year. Growing Inventory: The supply of homes for sale is improving,…
Compass has announced a significant three-year partnership with Redfin, allowing its "Coming Soon" listings to be featured prominently on Redfin.com. This deal aims to provide homeowners with greater flexibility in marketing their properties while expanding reach to a vast pool of potential buyers. The agreement also includes benefits for Compass agents and clients through buyer leads and mortgage incentives from Rocket Mortgage. Key Takeaways Compass "Coming Soon" listings will receive priority placement on Redfin.com, appearing at the top of search results. The partnership grants Compass agents access to buyer leads from Redfin. Rocket Mortgage will offer Compass clients a 1%…
Miami has once again solidified its position as the premier destination for international real estate investment in the United States. The city leads the nation in both transaction volume and the percentage of foreign buyers in residential sales, driven significantly by robust activity from Latin America. This trend underscores Miami’s enduring appeal as a stable and lucrative market for global investors. Key Takeaways Miami leads the U.S. in foreign real estate investment, with 15% of its residential sales made by international buyers in 2025. Latin America, particularly Colombia and Argentina, is the primary source of this foreign capital. International buyers…
Collier County experienced a downward trend in median home sale prices in November 2025, according to newly released data. The overall median sale price dipped compared to both the previous month and the same period in 2024, indicating a cooling market for residential properties in the region. Key Takeaways The median home sale price in Collier County fell to $550,000 in November 2025. This represents a 4.3% decrease from October 2025 and a 3.5% decrease from November 2024. Single-family homes saw a slight increase in median sale price month-over-month but a decrease year-over-year. Condominiums and townhomes experienced a more significant…
A Florida real estate broker is facing serious allegations of misappropriating over $121 million from property investors. The broker is accused of using her managerial position within several companies to divert these substantial investment funds into her personal accounts, leading to a significant financial scandal. Key Takeaways A Florida real estate broker is accused of stealing $121 million from investors. The funds were allegedly diverted to personal accounts through her managerial roles. Investigations are underway, with potential links to Ponzi scheme allegations. Allegations of Massive Embezzlement A property investor has filed a lawsuit in state court accusing a Florida real…
PGIM Real Estate has successfully sold The Quaye at Palm Beach Gardens, a significant multifamily asset in South Florida, for $131.8 million. The transaction marks a notable deal in the region’s active real estate market, with The Dermot Co. emerging as the buyer of the 340-unit community. Key Takeaways PGIM Real Estate sold The Quaye at Palm Beach Gardens for $131.8 million. The buyer is The Dermot Co., acquiring a 340-unit multifamily community. Affinius Capital provided $110 million in financing for the acquisition. Walker & Dunlop facilitated the transaction and arranged the financing. Property Details and Location The Quaye at…
Former WeWork CEO Adam Neumann has drawn significant backlash in Florida after authorizing the demolition of a historic church. The site is slated for the construction of a private school founded by his wife, Tamika. The swift removal of the beloved community landmark has sparked fury among locals and preservationists. Key Takeaways Adam Neumann’s company demolished a historic church in Florida. The site is intended for a private school founded by his wife, Tamika. The demolition has caused widespread anger and concern among residents and preservation advocates. The Demolition and its Aftermath The structure in question was the historic Coconut…
Bain Capital and 11North Partners have jointly acquired a significant portfolio of 10 open-air retail centers, totaling approximately 1.04 million square feet, across Florida and South Carolina for $395.5 million. The transaction highlights strong investor demand for well-located, necessity-based retail assets in high-growth markets. Key Takeaways Bain Capital and 11North Partners acquired 10 open-air retail centers for $395.5 million. The portfolio spans over 1 million square feet across Florida and South Carolina. Properties boast high occupancy rates, with many anchored by Publix. The acquisition aligns with a strategy focused on necessity-based retail in growing Southeast markets. Strategic Acquisition Details The…
