The gap between home sellers and buyers has never been wider in Redfin’s data. Across much of the Sun Belt, buyers have leverage that would have been difficult to imagine a few years ago. Affording the house is another matter. America has entered the strongest buyer’s...
Longpoint Partners, a Boston-based private equity real estate firm, has acquired a 10-building industrial portfolio in Florida’s Miami-Dade County for $195 million. The portfolio encompasses 729,901 square feet on approximately 41.8 acres in the region’s industrial...
A Miami real estate developer was sentenced to 11 years and four months in prison following his guilty plea to money laundering and payroll tax conspiracy charges. Rishi Kapoor was the CEO of Location Ventures, a real estate development company that purported to...
Hedge fund executive Ken Griffin has secured the final parcel that allows him to proceed with the full-block site for his company’s future downtown Miami headquarters. The Miami Herald reports that city commissioners approved a no-bid sale of the historic 121-year-old...
The mystery behind the aggressive acquisition of all 138 units and the ground-floor retail space in Miami’s Solaris condominium project has been solved. Bloomberg reports that hedge fund billionaire Ken Griffin has spent the past three years and $125 million to buy...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
