Nathan Hale

Report Predicts Opportunities, No Easy Path For Real Estate

Headlining the Urban Land Institute's annual meeting in Miami Beach, Florida, former Canadian Prime Minister Justin Trudeau said Monday that government has a critical role to play in addressing the housing crisis, which he described as both a key driver of and solution to addressing "tremendous anxiety" confronting ordinary citizens today.

A statewide Florida ballot question offering tax relief for property owners could also have far-reaching consequences that create new burdens for a wide range of residents and the real estate industry, according to lawyers in the state.

The city of Miami Beach is building momentum to mount an opposition campaign against Florida's Live Local Act, the state's affordable housing incentive law, which critics say has threatened the fabric of communities by preempting local control to allow for oversized buildings.

In a move aimed at capitalizing on the current wave of aging baby boomers, Sunrise Senior Living announced Tuesday that funds affiliated with BDT & MSD Partners, a merchant bank with ties to computer pioneer Michael S. Dell, are acquiring the company in a partnership with Sunrise's senior leadership team led by CEO Jack R. Callison Jr.

Bankruptcy Sale Opens West Palm Beach Redevelopment Play

London-based investment firm Lone Star Funds announced Thursday that it paid €215.5 million ($243 million) to acquire a residential portfolio spanning multiple cities in the Netherlands, saying it sees favorable conditions in the country's housing market.

A California-based company says its system of lightweight, interlocking concrete blocks could help address multiple challenges confronting the construction and real estate industries, from housing shortages to threats from hurricanes and wildfires.

Miami-Dade County has relisted its historic courthouse tower in downtown Miami after failing to receive a formal bid in an online auction for the second time Friday.

Miami-Dade County has relisted its historic courthouse tower in downtown Miami after failing to receive a formal bid in an online auction for the second time Friday.