Kushner Companies is looking to put the squeeze on Harvey Hernandez over alleged nonpayment of a $22.9 million loan tied to a Fort Lauderdale development site. New York-based Kushner, led by Laurent Morali and Nicole Kushner Meyer, on Thursday sued Hernandez in Miami-Dade Circuit Court as the personal guarantor of the allegedly defaulted loan. Kushner … Read more
Former New England Patriots coach Bill Belichick has officially sold his charming Nantucket cottage, just three months after putting the beachfront property on the market for $3.9 million. Property records show that the 73-year-old football legend—who has been the subject of many recent headlines about his age-gap relationship with former cheerleader Jordon Hudson, 24—closed on … Read more
Owning a home is about to get more expensive, with homeowners insurance premiums expected to surge significantly over the next two years. “The average U.S. homeowner insurance premiums are expected to grow 8% in 2026 and another 8% in 2027,” Anand Srinivasan, CFA, head of research and development at real estate analytics firm Cotality, tells … Read more
Luxury living can be within reach depending on where you want to live—and several of these markets are now beckoning for investment as the cost of pricey homes drop. Leslie Mackenzie Smith, a longtime real estate agent with Hawai‘i Life, has been selling on Maui for more than 36 years. She tells Realtor.com® that luxury … Read more
A familiar face made a big move last week with the $140 million purchase of 11 storefronts on Miami Beach’s Lincoln Road. Michael Comras’ Comras Company plans to redevelop the properties into a 150,000-square-foot boutique shopping district called NoLi — short for North Lincoln Road. In 2015, the retail developer and broker sold 1001-1035 Lincoln … Read more
Meyers Accesso won a Boca Raton board’s backing of its proposed 289,677-square-foot, mixed-use development. The Boca Raton Planning & Zoning Board voted 4 to 0 Thursday evening to endorse a request by Meyers Accesso affiliate BRI 1885 Atrium at Boca LP to approve two ordinances and three resolutions that pave the way for the development … Read more
As the weather cools heading into late fall, so does the U.S. housing market, with Florida leading the nation in metros experiencing the steepest home price declines. A recent report from real estate analytics firm Cotality revealed that of the 10 coolest markets in the U.S. among the 100 largest metros, seven were in Florida. … Read more
An exclusive community in southern Florida is proving itself to be a rising power player in the luxury housing market, going toe-to-toe against the likes of Palm Beach and Miami in a David vs. Goliath-style battle of wealth and privilege. For years, Florida’s most moneyed residents have flocked to Miami and its surrounding areas, seeking … Read more
After weeks of delayed data, we finally have an update on the labor market—and it’s not exactly what most people expected. Data that was delayed by the federal government shutdown is starting to trickle out. We learned that hiring was more robust than many expected in September, with 119,000 jobs added in the month—largely in … Read more
An information technology CEO from Maryland sold a waterfront Manalapan mansion for $17.1 million, four years after listing it for $34.9 million. Records show Charles M. Adams sold the home at 110 Churchill Way to Martin and Jean Shafiroff in an off-market deal. Martin Shafiroff is a wealth management adviser. He left his longtime position … Read more