An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

Real Estate

DJ Khaled to fork over $25.9 million for Miami Beach mansion

The rapper and producer reportedly just signed the contract

Famed rapper, producer and social media influencer DJ Khaled just signed a contract to buy a sleek and stylish home in Miami Beach for $25.9 million.

The seller, famous in his own right, is Michael Lerner, the man who popularized the “Baby on Board,” signs. Lerner paid $4.95 million for the land in 2013 and built the house on it himself for an undisclosed amount.

DJ Khaled's Miami Beach home, interior

(Courtesy of Douglas Elliman)

According to the Wall Street Journal’s coverage of the property’s sale, the nearly 13,000 square-foot home sits on roughly 1 acre, has about 105 feet of waterfront, a private dock on Indian Creek, a four-bedroom guesthouse and an 80-foot-long pool.

Listing agents for the home Mick Duchon and Eloy Carmenate of Douglas Elliman had nothing to say about the deal, and neither did Orli Rudolph of NextHome Realty Professionals, which represented DJ Khaled in the deal.

The house has five bedrooms, an elevator, a safe room, a two-level gazebo, a home theater, an outdoor shower and a fireplace, according to the listing.DJ Khaled's new home

(Courtesy of Douglas Elliman)

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