
Real Estate News


The Fed is starting to worry about the housing market now
By Jason Ma Summary: The Federal Reserve’s latest meeting minutes revealed new concerns about the housing market, which has been dragging down economic momentum. Policymakers noted weakening demand, falling prices, and declining building permits—raising worries that... Read More
Port Charlotte’s Sunseeker resort sold for $200 million
Allegiant sold the Sunseeker Resort Charlotte Harbor to Blackstone for \$200 million, aiming to refocus on its airline business. The \$695M resort faced delays and losses but recently improved, attracting Blackstone’s investment. The sale closes in Q3. Read the full... Read More
Driftwood Capital’s new luxury and lifestyle division will seek hotel deals domestically and overseas
By Stephanie Ricca CoStar News Summary: Driftwood Capital has launched a new Driftwood Lifestyle & Luxury Division (DLLUX), focusing on managing, investing in, and developing luxury and lifestyle hotels and branded residences. Alinio Azevedo, former CEO of Aspen... Read More