Author: Florida Real Estate News

PROFILEmiami is set to host the 3rd Annual PROFILE Design Summit 2026 on Wednesday, March 4, 2026, at the Sexy Bedding X Eclectic Elements Miami showroom in Wynwood. This exclusive event will delve into the dynamic landscape of architecture, interior design, and landscape architecture in South Florida, bringing together key industry players for an evening of networking and insightful discussions. Key Takeaways Date and Venue: March 4, 2026, at Sexy Bedding X Eclectic Elements Miami showroom in Wynwood. Focus: Exploring the evolving state of architecture, interior design, and landscape architecture in South Florida. Attendees: Developers, architects, interior designers, financiers, brokers,…

Broward County is witnessing a significant surge in residential development, with numerous projects underway across key cities like Fort Lauderdale, Hollywood, and Hallandale Beach. This expansion includes a mix of luxury high-rises, workforce housing initiatives, and affordable housing projects, signaling robust growth and investment in the region’s real estate sector. Key Takeaways Broward County is experiencing a substantial increase in residential construction. Projects range from ultra-luxury condominiums to essential workforce and affordable housing. Significant financing and public-private partnerships are fueling this development. New developments are set to redefine the skylines and housing landscape of cities like Fort Lauderdale. Fort Lauderdale’s…

Florida Governor Ron DeSantis has signed a significant tax relief bill, House Bill 7031, which includes the complete elimination of the state’s commercial rent tax. This landmark decision, effective October 1, 2025, aims to bolster the state’s economic competitiveness and provide substantial financial relief to businesses across Florida. Key Takeaways The commercial rent tax, in place since 1969, will be fully repealed starting October 1, 2025. This repeal is expected to save Florida businesses approximately $2.5 billion annually. The move is anticipated to encourage business expansion, job creation, and increased investment in the state. A Historic Tax Relief Bill Governor…

The real estate market in 2026 is poised for a dynamic shift, presenting both challenges and opportunities for homeowners and prospective buyers. Experts anticipate a market influenced by evolving economic conditions, interest rate fluctuations, and demographic trends. Understanding these potential changes is crucial for making informed decisions whether you’re looking to sell your current home or purchase a new one. Key Takeaways Interest rates are expected to stabilize, potentially easing some affordability concerns. Inventory levels may see a modest increase, offering more choices for buyers. Regional market variations will continue to be significant. Affordability remains a central theme, impacting buyer…

The National Real Estate Investors Association (National REIA) has announced the immediate appointment of Anish Dave as its new President. Dave, a seasoned real estate investor with over 25 years of experience, will spearhead the organization’s strategic direction, educational programs, and national outreach efforts. His leadership marks a significant moment for the association, which represents over 40,000 members across 120 local chapters nationwide. Key Takeaways Anish Dave appointed President of National REIA, effective immediately. Dave brings over 25 years of experience in real estate investing and finance. He is the first Indian and Asian-born President in the organization’s history. National…

Following the cancellation of their HGTV series, "Married to Real Estate" stars Egypt Sherrod and Mike Jackson are taking their real estate business, Indigo Road, to new heights. The dynamic duo, known for their Atlanta-based empire, have announced a significant expansion into two new states, marking a new chapter for their entrepreneurial journey. Key Takeaways Egypt Sherrod and Mike Jackson are expanding their real estate business, Indigo Road. New offices will open in Dallas and Houston, Texas, and Orlando, Florida. The expansion follows the cancellation of their HGTV show, "Married to Real Estate." The couple has faced personal health challenges…

Savvy investors are increasingly focusing on key markets in Florida and Texas for real estate opportunities in 2026. Driven by robust job growth, favorable tax environments, and consistent population influx, cities like Dallas, San Antonio, Jacksonville, Cape Coral, and Port St. Lucie are showing strong potential for property appreciation and rental income. Key Takeaways Dallas and San Antonio in Texas, alongside Jacksonville, Cape Coral, and Port St. Lucie in Florida, are identified as prime targets for real estate investors in 2026. These markets benefit from strong job growth, lower living costs, and favorable tax policies, attracting a steady stream of…

An Orlando, Florida-based commercial real estate firm has purchased the Hilton Baton Rouge Capitol Center, a prominent 291-room hotel located in the heart of downtown Baton Rouge. The acquisition marks a significant transaction for the downtown hospitality sector. Key Takeaways Northshore Development, a Florida firm, is the new owner of the Hilton Baton Rouge Capitol Center. The hotel features 291 rooms and is situated in downtown Baton Rouge. The seller was an Ohio-based entity. New Ownership for Downtown Landmark Northshore Development has officially acquired the Hilton Baton Rouge Capitol Center. This 291-room hotel, a fixture in downtown Baton Rouge, has…

A significant financial milestone has been reached for Arbor House, a new luxury multifamily development in Palm Beach Gardens, Florida. JLL Capital Markets has successfully facilitated $77.5 million in construction financing, paving the way for the development of a 302-unit residential complex. Key Takeaways $77.5 million in construction financing secured for Arbor House. The development will feature 302 luxury apartment units. JLL Capital Markets played a crucial role in arranging the funding. Project Overview The Arbor House project represents a substantial addition to the Palm Beach Gardens housing market, focusing on high-end rental units. The secured financing underscores investor confidence…

The average interest rate for long-term U.S. mortgages has remained largely unchanged this week, hovering just above 6% as the crucial spring home-buying season gets underway. This stability follows a slight dip in rates seen earlier in the year, offering a consistent borrowing cost for potential homeowners. Key Takeaways The benchmark 30-year fixed-rate mortgage is currently at 6.11%, a minimal increase from 6.1% last week. This rate is significantly lower than the 6.89% recorded a year ago. Borrowing costs for 15-year fixed-rate mortgages also saw a slight uptick, now averaging 5.5%. Economists anticipate mortgage rates will likely remain stable around…