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Real estate news in Houston

Leasing begins for The Julia Residences in Allapattah  

Neology Development is building the $100 million, 323-unit tower. 

T.D. Jakes, New Urban to build two affordable-housing communities in South Florida 

In a partnership with New Urban Development, T.D. Jakes Real Estate Ventures will build a mixed-income community in Hallandale Beach and a senior-living project in Miami Gardens. 

Vita at Grove Isle boutique condo project lands $239 million construction loan  

Construction of the 65-condominium development by Ugo Colombo’s CMC Group is already underway, with an expected 2025 completion. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

Caroline Wozniacki and David Lee list Fisher Island penthouse for $42.5 million 

The 7,000-square-foot residence is in the Palazzo Del Sol condo tower. 

13-townhome enclave coming to Coral Gables’ Biltmore Square 

MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George. 

South Florida Housing Scorecard: Inventory up, days on market down

At the same time, existing-home sales were down in Miami-Dade and Broward counties but up in Palm Beach County.

Survey results: Should it be more difficult to get licensed?

We asked; you answered. By an overwhelming majority, South Florida agents think it should be more difficult to get a real estate license, with most respondents recommending more intensive training for licensees.

Miami condo-hotel secures $24.5 million construction loan 

Visions at Brickell Station will offer 111 condo-hotel units starting at $500,000. 

Only 1.7% of Miami homes were affordable in 2023

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

Premier Sotheby’s International advisors, teams named to Sotheby’s International’s Top 100  

The individual advisors are Kim Price, Paul Arpin and Karen Van Arsdale, and the top teams are The Michelle Thomas Team and the Schemmel Soda Group. 

Margarita Garzon

“Constantly learn from five people better than you in the industry.” — Margarita Garzon, agent, eXp Realty – Miami

GL Homes begins pre-construction sales at newest 55-plus community at Riverland  

The new Port St. Lucie community will consist of 1,365 single-story homes priced from the low $400,000s to the $700,000s. 

Marelvy Colina

“Have discipline and be proactive.” — Marelvy Colina, real estate advisor, eXp Realty

La Rosa purchases Longwood brokerage franchisee for $1.2 million 

La Rosa Holdings Corp., which went public in an IPO in 2021, has embarked on a roll-up strategy of its franchisees in an effort to reach annual revenues of $100 million by the end of next year. 

Malinosky, Pohrer and Kay launch The Exclusive Group at Douglas Elliman 

Along with the five agents they are bringing with them, the group has a combined sales volume of $3 billion since 2020. 

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