Paydirt: When you’re a unicorn, they let you do it

Compass is no longer fighting the same fight as its brokerage competitors. From TRD New York: In 2014, Compass first felt the wrath of the white glove. The residential brokerage – and much as it loathes that term, that’s what it is, at least for now – had just poached Kyle [...]

Resorts World in talks with the city of Miami to lease marina land

Rendering of marina component for Resorts World Miami (Credit: Next Miami) Resorts World Miami is in talks to lease land where it plans to build a marina, part of a multimillion-dollar redevelopment plan in Miami’s Arts and Entertainment District. The Genting Group subsidiary wants to lease submerged land that’s owned by the [...]

Ram Realty nabs land and financing for Deerfield project

Ram CEO Casey Cummings, rendering of Ram Realty Services (Credit: Ram Realty Services) Ram Realty Services just closed on the purchase of a site and construction financing for a mixed-use project in Deerfield Beach, property records show. Ram affiliate RRPIV Deerfield Station LLC paid $6.6 million for the 8-acre property on West [...]

GGP rejects Brookfield’s $15B buyout offer

Ric Clark and Sandeep Mathrani (Credit: Getty Images) From TRD New York: General Growth Properties rejected the $14.8 billion buyout offer from Brookfield Property Partners, which is now considering making a new bid. The move is not exactly a surprise, as industry experts considered the $23-per-share offer Brookfield made last month to [...]

This is how long it takes to sell a house

It's a sellers market, which means wanna-be homeowners have to be move fast when a home hits the market. [...]

Hurricanes could bring another disaster: Foreclosures

Read full story for latest details. [...]

Who's affected by the mortgage changes in the House tax bill

The Republican tax bill proposes capping the mortgage interest deduction at $500,000. That's bad news for these home buyers. [...]

Aston Martin is getting into... luxury real estate?!

Aston Martin is getting into the real estate business with a new 66-story residential tower in Miami. [...]