Investment firm loses former Trump hotel to foreclosure auction
Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375M with a $285M loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt
Mar-a-Lago security crackdown blockades local luxury listings
Following last month's assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings
How you're feeling about the upcoming election: Pulse
Last week, we asked: How do you think this year's election will impact the housing market, and what policy decisions are you hoping to see? Here's what you had to say
by Inman Jul 31
Palm Beach, a suburb? Not likely, residents say
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a 'suburb.' Local agents agree that Palm Beach is 'a category by itself'
by Lillian Dickerson Jul 24
Swing state housing costs have skyrocketed since 2020 election
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs
by Richelle Hammiel Jul 17
Mortgage rates surge as Trump's odds improve after debate
Investors who fund most mortgage loans weighed the impact of higher tariffs, tighter restrictions on immigration and an extension of 2017 tax cuts under a second Trump administration
by Matt Carter Jul 1
Trump-branded condo struggles to lose convicted president's name
An effort to elect new leadership to replace the Trump-friendly condo board at Manhattan's Trump World Tower failed last week
by Ben Verde Jun 10
Kushner project on site of NATO bombings in Serbia draws protests
The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army
by Ben Verde May 17
Trump son-in-law Kushner pursues overseas real estate deals
Jared Kushner, husband of Ivanka Trump, is pursuing deals in Albania and Serbia even as his father-in-law runs for president. Some observers say the situation raises red flags
by Ben Verde Mar 20
Bess Freedman says Trump is too late to sell Mar-a-Lago for bond
Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there's certainly not 'enough time' to offload it by Monday when Trump's $454M bond is due
by Lillian Dickerson Mar 20
Housing affordability will influence vote in 2024 presidential race: Poll
In a new survey released Monday, Redfin revealed more than half of US homeowners and renters 'feel negatively' about housing affordability and want a 2024 presidential candidate who can fix it
by Marian McPherson Mar 11
Grant Cardone calls on investors to exit New York after Trump verdict
Cardone is instructing his team to cease investment into NYC, declaring that 'recent political decisions' will lead to price deterioration
by Ben Verde Feb 22
Top brokers and Trump attend Alex Witkoff's Palm Beach wedding
The star-studded event held at The Breakers featured guests like Fredrik Eklund, John Gomes, Howard Lorber, Don Peebles and Oren Alexander, as well as former President Donald Trump
by Lillian Dickerson Feb 12
America's wealthiest real estate billionaires in 2023
From multifamily to industrial properties, some of real estate's wealthiest billionaires made out better than others in 2023. Collectively, Forbes' 25 wealthiest real estate tycoons are worth $139B
Trump pricing ploys extreme but familiar, real estate investors say
Penalties tied to Trump's unscrupulous real estate valuations could skyrocket to $250M. His legal team dismissed it all as 'business as usual.' Investors told Inman it's more complicated than that
by Taylor Anderson Oct 3