Miami owners file $5M suit against condo association over collapse

The class-action lawsuit was filed on behalf of property owner Manuel Drezner and ‘on behalf of all others similarly situated’ by the partial collapse of Champlain Towers South. Continue reading

All that glitters isn’t gold: When luxury real estate fails

In the wake of a building collapse in Florida on Thursday, all eyes are on shoddy construction and what happens next as developers rush to complete jobs delayed during the pandemic. Continue reading

12-story condo building partially collapses near Miami

About half of the units of the 130-unit residential building Champlain Towers South collapsed on Thursday morning around 1:30 a.m. Officials do not yet know the cause. Continue reading

Cash offer startup Accept.inc raises $90M in funding round

The fintech mortgage lender plans to use the funds to scale the company’s platform, double its team and expand into new markets. Continue reading

‘Grit, tenacity and desire’: 5 mega team leaders on scaling for success

Inman recently spoke with some of the country’s top mega team leaders to learn more about the secret sauce behind how their teams continue to grow. Here’s how they do it. Continue reading

Blackstone shells out $6B to re-enter rental market

Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. after a competitive bidding process. Continue reading

Fathom Holdings acquires Idaho-based Epic Realty

This most recent acquisition furthers the company’s promise to “quickly and strategically enter all 50 states” after going public last year, according to CEO Joshua Harley. Continue reading

Offerpad expands to 4 markets in Midwest, Southeast

In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina. Continue reading

U.S. existing home prices hit another record high in May: NAR

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across al… Continue reading