A “trailblazing” tiny tower that measures six stories high—and just 12 feet wide—has hit the market in Philadelphia’s bustling Brewerytown for a price that is as petite as its compact footprint. Listed for just $395,000, the 38-foot “miniskyscraper,” which has soared to the top of the week’s most popular homes list, was created by ISA … Read more
Country music star Zach Bryan‘s ex-girlfriend, Brianna “Chickenfry” LaPaglia, is attempting to flee the bitter New York weather—and her bitter breakup—by moving to Australia, where she plans to ride out the winter months on a beach. LaPaglia, 26, shared the news on her TikTok account, where she revealed that she will relocate to Australia when … Read more
Pending home sales remained flat in September despite a healthy decline in mortgage rates, in an early sign of continued weakness for the fall home buying season. Signed contracts for existing homes were unchanged last month from August, and down 0.9% from a year ago, according to data released Wednesday by the National Association of … Read more
Steven Meiner rode into the Miami Beach mayor’s office in 2023 after beating his former city commission colleague, Michael Gongora, in a run-off. Meiner made good on one of his campaign promises to make it a little harder for developers to seek more density for their projects. Last year, the city commission unanimously approved his … Read more
Miami market pivots: Where does your business go from here? Miami’s real estate market is approaching a critical point. High interest rates have stalled or canceled major projects in the office and condo sectors, and developers are searching far and wide for fresh equity. Multifamily owners are dealing with stagnating rents in some areas, while … Read more
13th Floor Investments and its partners scored a $139 million refinancing for a 420-unit apartment complex in Delray Beach, amid a continuing lending flurry in South Florida. Coconut Grove-based 13th Floor, Brickell-based Key International, West Palm Beach-based Wexford Real Estate Investors and Boca Raton-based CDS International completed the Savio apartment complex last year at 1874 … Read more
Sotherly Hotels defaulted on its $49.2 million loan on a Hollywood resort near the ocean. The debt on the 10-story DoubleTree Resort by Hilton Hollywood Beach with 311 keys, at 4000 South Ocean Drive, entered special servicing after missing the Oct. 1 due date to pay off the loan, according to Morningstar Credit and Sotherly’s … Read more
Marc Anthony’s downtown Miami condo sale may have him singing “I need to know” where the profit went. The Grammy winning singer-songwriter, whose full name is Marco Antonio Muñiz, sold the 8,400-square-foot unit at One Thousand Museum at 1000 Biscayne Boulevard for $8.6 million, according to the listing and property records. He paid $11 million, … Read more
Consumer confidence about the economy declined slightly in October, driven by Americans’ concerns over the ongoing federal government shutdown, rising inflation, and future scarcity of jobs. The Consumer Confidence Index, a measure of U.S. consumers’ sentiments about personal finances and the economy, slipped 1 point in October, to 94.6, from an upwardly revised 95.6 the … Read more
Kelsey Grammer has officially become a dad of eight at the age of 70 after his wife, Kayte Walsh, who is 36 years his junior, gave birth to their fourth child together, a baby boy named Christopher. The “Frasier” star shared the happy news of their latest arrival during an appearance on Danielle Fishel, Will Friedle, and Rider … Read more