Purchase

Turnberry, Simon Expand Aventura Mall with $131M Purchase

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The Real Deal Logo

Aventura Mall owners Turnberry and Simon Property Group are taking over an adjacent office and retail complex that was previously home to a Sears store.  Aventura-based Turnberry, led by Jackie Soffer and Indianapolis-based Simon, led by CEO David Simon, bought the previously named Esplanade at Aventura, a 219,000-square-foot mixed-use project at 19505 Biscayne Boulevard, according … Read more

Mortgage Applications Today: Purchase Inquiries Increase Despite Rising Rates

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Couple house-hunting with Realtor

Mortgage applications to purchase a home increased last week, according to data from the Mortgage Bankers Association’s (MBA). It’s an about-face from the week prior, when purchase applications dipped. The MBA’s seasonally adjusted Purchase Index increased 6% for the week ending Nov. 7, compared with one week earlier. The unadjusted Purchase Index was up 3% on … Read more