Syndicatus: US Real Estate News and Education

News

Understanding the Surge in Luxury Sales in Boca Raton’s Prestigious Neighb

July 25, 2024

south florida

Boca Raton’s Royal Palm Yacht & Country Club stands out as the most prestigious neighborhood in the city’s luxury market. Covering 450 acres and home to fewer than 700 residences, this exclusive community features a private club with a Jack Nicklaus-designed golf course and a marina. The 24/

Have a Real Estate story you want to share?

News

The Unaffordable Realities of 5 Florida Cities...

July 31, 2024

south florida

Florida's real estate market has been experiencing significant growth, driven by an influx of new residents and favorable economic conditions. Once known for its affordable living, the Sunshine State is seeing substantial increases in property values, especially in popular cities. Rising Home Val

Have a Real Estate story you want to share?

News

Torose Equities Secures Miami Beach’s Lincoln Road Retail Building at Redu

August 5, 2024

south florida

An affiliate of Miami-based Torose, headed by principal Scott Sherman, has acquired the two-story storefront at 910 Lincoln Road, spanning 8,700 square feet. Torose secured the property for $10.4 million, with partial financing via an $8.6 million mortgage from Metropolitan Commercial Bank. Propert

Have a Real Estate story you want to share?

News

Zombie Condos: A Miami Real Estate Nightmare...

August 6, 2024

south florida

Miami, a city renowned for its luxurious real estate and vibrant lifestyle, is now grappling with a chilling phenomenon: 'zombie' condos. These unfinished, deserted high-rises loom over the cityscape, embodying the fallout from speculative overbuilding and financial miscalculations. Residents who

Have a Real Estate story you want to share?

News

Citizens Property Insurance Requests Approval for Significant Rate Hike to Remai

August 8, 2024

south florida

Florida Property Owners Face Potential 13.5% Rate Hike in Insurance Costs Property owners in Florida could soon see their insurance premiums rise, as Citizens Property Insurance has requested a 13.5 percent rate increase. This potential hike would impact homeowners in what is already the most expen

Have a Real Estate story you want to share?

News

July Sees Decrease in Broward Condo Sales Revenue, But Closings Remain Steady wi

August 9, 2024

south florida

In July, Broward County's condo market saw a mixed performance, with a rise in the number of sales but a dip in total dollar volume compared to the previous month. Despite closing more deals—824 compared to June’s 808—the overall sales volume dropped from $285 million to $261 million, indicati

Have a Real Estate story you want to share?

News

Doral City Council Unanimously Approves Expansion Plans for Trump National Miami

August 16, 2024

south florida

The Trump Organization's ambitious plan to develop up to 1,500 luxury condos at Trump National Doral Miami has taken a significant step forward, despite facing some opposition. The Doral City Council narrowly approved the rezoning proposal, with a 3-2 vote at a meeting held on Wednesday evening. May

Have a Real Estate story you want to share?

News

Assessing the State of Florida’s Housing Market: Is Trouble on the Horizon...

August 17, 2024

south florida

Recent reports have raised concerns about the future of Florida’s housing market. High home prices and elevated mortgage rates are slowing the market nationwide, and Florida is no exception. The state is experiencing a surge in housing inventory, with a 57% year-over-year increase in active listin

Have a Real Estate story you want to share?

News

Affiliated Development Breaks Ground on The Spruce in West Palm Beach with $50 M

August 31, 2024

south florida

Affiliated Development has commenced construction on The Spruce, an eight-story apartment building in West Palm Beach, following the successful acquisition of a $50 million loan from Bank of Montreal. The project is set to transform a 1.5-acre site located at 2501 Spruce Avenue into a 270-

Have a Real Estate story you want to share?

News

Florida Real Estate at Risk: Identifying the Top 3 Cities Facing a Housing Marke

September 7, 2024

south florida

Florida's real estate market has long been a magnet for homebuyers drawn to its sunny climate and picturesque coastlines. However, with recent forecasts, there's growing speculation about whether Florida might face a housing downturn. Let’s explore the trends and risks shaping the future of the st

south florida - News

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?

Have a Real Estate story you want to share?