Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading
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. Continue reading
Investors weigh the potential for higher tariffs, tighter restrictions on immigration, and an extension of 2017 tax cuts to fuel inflation under a second Trump administration. Continue reading
An effort to elect new leadership to replace the Trump-friendly condo board at Manhattan’s Trump World Tower failed last week. Continue reading
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. Continue reading
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. Continue reading
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 $454 million bond is due. Continue reading
In a new survey released Monday, Redfin revealed more than half of U.S. homeowners and renters “feel negatively” about housing affordability and want a 2024 presidential candidate who can fix it. Continue reading
Cardone is instructing his team to cease investment into NYC, declaring that “recent political decisions” will lead to price deterioration. Continue reading
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. Continue reading