Bess Freedman says Trump is too late to sell Mar-a-Lago for bond

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

Housing affordability will influence vote in 2024 presidential race: Poll

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

Grant Cardone calls on investors to exit New York after Trump verdict

Cardone is instructing his team to cease investment into NYC, declaring that “recent political decisions” will lead to price deterioration. Continue reading

Top brokers and Trump attend Alex Witkoff’s Palm Beach wedding

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

America’s wealthiest real estate billionaires in 2023

From multifamily unit holdings to industrial properties, some of real estate’s wealthiest billionaires made out better than others this year. Collectively, Forbes’ list of the 25 wealthiest real estate tycoons are worth about $139 billion. Continue reading

Trump pricing ploys extreme but familiar, real estate investors say

Penalties tied to Trump’s unscrupulous real estate valuations could skyrocket to $250 million. His legal team dismissed it all as “business as usual.” Investors told Inman it’s more complicated than that. Continue reading

Donald Trump found liable for fraud for inflating real estate holdings

A New York State judge found that the former president and his associates deceived banks, insurers and others by massively overvaluing his net worth. Continue reading

Trump inflated property values by as much as $2B, New York AG says

Former President Donald Trump is accused of inflating his net worth by up to $2.2 billion, New York Attorney General Letitia James revealed in court documents released to the public on Wednesday. Continue reading

Developer Richard LeFrak steps down from 140-year-old family firm

The longtime developer and CEO, who inherited the helm from his father Sam, will continue to work at LeFrak Organization as his sons, Jamie and Harrison, lead the company into the future. Continue reading

Bots can create almost any image. Here’s what agents should know

Artificial intelligence tools such as DALL-E 2 and Midjourney are revolutionizing visual content. They also present agents with unprecedented opportunities. Continue reading