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Miami

Sean ‘Diddy’ Combs
New York Post

Sean ‘Diddy’ Combs owes nearly $100M in mortgages on luxury LA, Miami  mansions raided by feds: report

April 1, 2024 Mariel Alumit Comments Off on Sean ‘Diddy’ Combs owes nearly $100M in mortgages on luxury LA, Miami  mansions raided by feds: report

  Sean “Diddy” Combs owes nearly $100 million in mortgage payments on a trio of mansions in Los Angeles and Miami that were raided by federal agents this week, according to a report. The embattled […]

Miami Beach
New York Post

A Miami Beach penthouse is poised to sell for more than $120M — and will break an area sales record

March 11, 2024 Mariel Alumit Comments Off on A Miami Beach penthouse is poised to sell for more than $120M — and will break an area sales record

  An oceanfront penthouse in Miami Beach is in contract for a staggering sum exceeding $120 million. If sealed at this price, the deal would shatter previous records and secure its position as the most […]

Miami Beach
Celebrities

Studio 54 icon Ian Schrager’s Miami Beach penthouse lists for $7.5M

February 25, 2024 Mariel Alumit Comments Off on Studio 54 icon Ian Schrager’s Miami Beach penthouse lists for $7.5M

  A luxury Miami Beach home owned by nightlife guru and former Studio 54 co-owner Ian Schrager, is now up for grabs for $7.5 million. Listed by Toni Schrager of Brown Harris Stevens Miami, the […]

Rick Ross
Celebrities

Rick Ross is spending $20M on renovations after buying this Miami mansion or $35M

February 12, 2024 Mariel Alumit Comments Off on Rick Ross is spending $20M on renovations after buying this Miami mansion or $35M

Miami’s own rap mogul Rick Ross is a titan in the music industry — and now, he has a grand home in the works, to boot. Last summer, the Grammy-nominated rapper from Miami Gardens made […]

Al Capone
Celebrities

Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

February 3, 2024 Allen Santos Comments Off on Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

The 30,000-square-foot empty Florida parcel that was the last residence of gangster Al Capone has been listed for sale at $23.9 million. Capone bought the Spanish Colonial-style villa on the property in 1928 for $40,000 […]

Tom Brady
New York Post

Tom Brady’s luxe waterfront mansion nears completion in Miami’s exclusive ‘Billionaire Bunker’

January 17, 2024 Mariel Alumit Comments Off on Tom Brady’s luxe waterfront mansion nears completion in Miami’s exclusive ‘Billionaire Bunker’

The luxe Miami waterfront mansion of future Hall of Fame quarterback Tom Brady is nearing completion. The recently retired and newly divorced athlete is in the final stages of completing his posh bachelor pad in […]

Miami Beach penthouse
Celebrities

Mohawked real estate investor Robert Rivani sells Miami Beach penthouse for $8M

January 15, 2024 Allen Santos Comments Off on Mohawked real estate investor Robert Rivani sells Miami Beach penthouse for $8M

Mohawked real estate/hospitality investor Robert Rivani, of Black Lion Investment Group, has sold his Miami Beach penthouse for $8 million — down from its $8.8 million asking price last June. Rivani’s recent acquisitions include the […]

Miami
Celebrities

Famed wellness restaurateur couple listing a $16.9M Miami mansion

December 21, 2023 kingstu Comments Off on Famed wellness restaurateur couple listing a $16.9M Miami mansion

A classic waterfront Miami home is about to hit the market for $16.9 million. The sellers are health and wellness restaurateurs Jennifer and Omer Horev, founders of the popular Pura Vida chain — where celebs […]

Miami
New York Post

Restaurant king Mathieu Massa served up $32 million for Miami digs

December 6, 2023 Mariel Alumit Comments Off on Restaurant king Mathieu Massa served up $32 million for Miami digs

Restaurateur and real estate investor Mathieu Massa, founder of Massa Investment Group, has sold his waterfront Miami Beach home for a record $32 million — down from its $36 million ask. He bought the property, […]

Armani/Casa
New York Post

This $18.5 million Armani/Casa penthouse is making a splash in Miami

December 6, 2023 Mariel Alumit Comments Off on This $18.5 million Armani/Casa penthouse is making a splash in Miami

After a year of design and renovations, a corner penthouse duplex at Miami’s luxe Residences by Armani/Casa — where soccer player Radamel “El Tigre” Falcao also has a place — just hit the market for […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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