The Wealth Group is selling an uninhabited private Caribbean island for $30M

But challenges abound — and not all of them have to do with property

Pitch includes hotel, entertainment complex for dormant Midtown East site

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.

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.