Diplomat Beach Resort Owners Score $600M Refi

JLL’s Hotels & Hospitality group arranged $600 million in financing for The Diplomat Beach Resort, a beachfront resort with 1,000 guest rooms in Hollywood, Florida. JLL worked on behalf of the borrower, a joint venture between real estate funds managed by Trinity Investments and funds managed by UBS

Newly Built Home Sales Pick Up in March

Buyers turned to new builds in March as existing-home inventory stayed limited and mortgage rates eased slightly.

Mortgage Rates Climb on Inflation Worries

Rates on 30-year mortgages rose to 6.37% from 6.3% last week, returning to levels seen a month ago. Rates on 15-year mortgages rose to 5.72%.

Florida Tops Real Estate Economy Rankings

Real estate made up more than 25% of Florida’s economy in 2025, the highest share in the nation, according to a new NAR report.