The Fed’s ongoing inflation fight—which saw mortgage rates spike from 3% to 6% in 2022—has set off the second biggest home price correction of the post-WWII era.

Joint venture proposes 44-story building with 430 units on 0.7-acre site

A new oceanfront development, Rivage Bal Harbour was unveiled in January 2023 by industry leaders Related Group, Two Roads Development, and Rockpoint. The condominium property is made up of 61 sky villas located in one of South Florida’s most exclusive enclaves and has come to fruition from an all-star design team with Skidmore, Owings & Merrill (SOM) leading architecture and Rottet Studio leading the interior designs.

Real Estate will end up helping the overall economy when COVID-19 curve clears.

Related Group, 13th Floor’s deal to buy the same property fell apart in the fall