On any given morning in Coral Gables, Florida, the property at The Plaza Coral Gables is buzzing with life. Residents wander tree-lined paseos after an early Pilates class, professionals sip artisan coffee enroute to their sleek new office towers, and families explore lush outdoor spaces filled with iconic art installations by KAWS, Jean-Michel Othoniel, and Tony Cragg. This is the future of real estate: thoughtfully designed mixed-use developments where work, life, and leisure effortlessly converge. Mixed-use developments like The Plaza Coral Gables are redefining urban landscapes that adapt to the evolving demands of the modern world. By integrating diverse elements…

Would-be home buyers will continue to prioritize renting. Artificial intelligence will make apartment living more enjoyable than ever. And wellness as a priority will be evident in multifamily amenities from non-alcohol bars to next-level spas. These are just a few of the major trends impacting for-rent and for-sale multifamily living in the coming year. Lower vacancies, higher rents The last few years have seen historic levels of new apartment construction, but that’s begun to ease. According to CBRE, multifamily construction starts should be 30% below pre-pandemic averages by mid-year. For that reason, 2025 should begin to bring about lower vacancies…

An ambitious project to expand one of the most expensive real estate markets in the world imported over 700,000 thousand tons of sand from the ocean bed north of Sicily to increase the buildable area of Monaco. Now called Mareterra, a nod to the French words for ‘sea’ and ‘land’, the project has reached the final stages of completion, with Prince Albert and his family on hand for the official inauguration earlier this month. Mareterra has been a $2.4 billion endeavor to increase the land size of Monaco by about 3%. This adds six hectares of space to Monaco’s existing…

December is the leading month for home fires in the United States, followed by January and February, according to data from the National Fire Protection Association (NFPA). Thanksgiving Day, Christmas Day, and Christmas Eve are the three days when cooking fires are most likely to occur. The NFPA also reveals that candle fires are most likely to occur on Christmas Day, Christmas Eve, and New Year’s Day. And these aren’t the only holiday hazards that can ruin your festive spirit. These are some of the Christmas holiday safety tips that can also carry you through the winter ahead. Inspect Your…

Historically, property owners have signed ground leases when they have wanted to convert their property into a secure income stream instead of closing an outright sale. In one of these transactions, the owner ground leases the land to a developer. The developer constructs a building on the land. In exchange for paying rent, the developer has all the benefits and burdens of ownership for the ground lease term. If the developer defaults under the ground lease, it loses its very substantial investment in the building. This assures the owner that such a default is extremely unlikely, at least after the…

The tax rules for a home sale are pretty clear-cut, yet I continue to speak with people who are confused about what they will owe if they were to sell their primary residence. This confusion may be due to so few people owing taxes when they sell their primary residence. Another reason for the confusion may be how rarely people buy and sell a home. Here is what you need to know about taxes when selling a home. How Can You Make Your Home Sale Tax-Free? As you may or may not know, selling real estate is a taxable event.…

There are lots of interior design trends going away in 2025 that were popular in 2024 because the trend cycle is moving faster than ever. After all, social media has more influence over design than ever before, but this influence ins’t always positive. Interior design trends now seem to come and go at an unprecedented pace. Yet, according to interior designers and HGTV host Shay Holland, interior design has never been more important to the average person. “More than ever we are embracing home as a sanctuary, a trend that started in the pandemic and has only picked up momentum,”…

Contrary to its name, the Stone Age wasn’t just about stone. The epoch also known as the Neolithic Period also ushered in some of the first structures ever created from wood. The scientific study of those ancient buildings reveals wood as a building material has been around more than 100 centuries. Still, it’s only been in very recent years that technological advances have enabled wood to represent a key structural element in an array of modern structures, from single-story libraries to high-rise multifamily buildings soaring dozens of stories into the sky. Mass timber – a type of engineered wood product…

Long-term owners of potential development sites who aren’t in the real estate business sometimes consider entering into a ground lease with a developer. But they worry about the transaction structure, based perhaps on lack of knowledge. Here are some common fallacies about ground leases and why property owners shouldn’t worry about them, or at least should know how to handle them. Fallacy #1: The owner might lose its interest in the property. Many decades ago, developers used to demand that property owners put their interest in the property at risk to support the developer’s initial construction loan. Allegedly, owner and…

Don Peoples is the CEO of Peoples Corporation, the largest and most successful black-owned real estate development company in the United States. He has over 30 years of experience in the real estate industry and has built substantial generational wealth through his successful business ventures. Read the full article here