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
Just about one month after listing the property with Leonard Moens, Leonard Riggio’s 1.7-acre oceanfront estate in Palm Beach has gone under contract. Continue reading
For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported. Continue reading
Ben Belack of “Buying Beverly Hills” and Ernie Carswell of “Kendra Sells Hollywood” shared with Inman Connect Las Vegas attendees the nitty-gritty of being on reality TV. Continue reading
Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber’s leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal. Continue reading
Rumors surrounding the couple’s split have grown in recent months. Affleck and Lopez, meanwhile, have been transacting their own separate home deals as they jointly try to offload their shared Beverly Hills home. Continue reading
The waterfront homes was first listed for $53 million in January and discounted to $39 million in April. The new owner will need to do extensive work since the interior has been stripped of all finishes. Continue reading
Not every agent can or should communicate their value through “bold statements,” agents said during a panel at Inman Connect Las Vegas. That’s why remaining authentic to oneself is paramount. Continue reading
As agents face attacks on their value from all sides, the most important thing they can do today is to focus on boosting client relationships, the Glennda Baker & Associates leader said to Inman Connect Las Vegas attendees. Continue reading