Business
Inside Miami’s Indian Creek Village, where billionaires buy ultimate security
Fox News Digital gets a tour of Indian Creek Village from the Corcoran Group’s Julian Johnston, who shows why the world’s wealthiest are choosing to move into the ultra-exclusive neighborhood.
For a South Florida native, the silence and serenity are what hits you first.
Just a stone’s throw from the relentless horn-honking of Surfside and the designer-clad crowds of Bal Harbour Shops, Indian Creek Village exists in a vacuum of enforced peace. There are no sirens, tourists, and certainly no uninvited guests — only the whistle of the Atlantic wind and the rhythmic clap of waves against private piers.
Behind massive entry gates and dense tropical foliage lies a 300-acre fiscal safe haven where America’s billionaires aren’t just buying homes, but investing in a sovereign-level of security that Julian Johnston, one of Miami’s top luxury brokers, says is now the ultimate commodity.
“It is a political sanctuary. I’d say, also, the security itself is extremely tight. I mean, when you drive up, if you don’t have permission to get on, [the police] are actually quite rude and they tell you to go away,” the Corcoran Group agent — who has more than $10 billion in sales under his belt in the area — told Fox News Digital during a private tour of Indian Creek.
MARK ZUCKERBERG BECOMES LATEST CALIFORNIA BILLIONAIRE TO RELOCATE TO FLORID AMID TAX CONCERNS
“I think Indian Creek is an island unto itself,” he continued. “As a community… you’ve got the marina nearby, you can walk to the Four Seasons and go to the beach and it’s a lower-density construction. So there’s not as much traffic, and it’s just a beautiful place to live.”

An aerial view of the entrance of Indian Creek Village in Miami, Florida. (Getty Images)
Commonly known as the “Billionaire Bunker,” successful business leaders and celebrities including Jeff Bezos, Carl Icahn, Tom Brady, Ivanka Trump and Jared Kushner, Julio Iglesias, Adriana Lima, David Guetta, Don Shula and others have long called Indian Creek home. The ultra-exclusive neighborhood made recent headlines for its newest resident, Mark Zuckerberg, who paid a record $170 million for an under-construction property.
The migration is fueled by more than just sunshine; it is a tactical retreat from a wave of tax-the-rich proposals sweeping through blue-state legislatures like California, Washington and New York. While lawmakers and unions move to enact aggressive new levies on capital gains and unrealized wealth, the “Billionaire Bunker” provides a predictable fiscal fortress.
“Even starting with South Beach and Miami Beach, there’s only a thousand homes on the water, approximately… There’s only four real islands in this location that the owners own the roads, so you cannot get on without permission,” Johnston said. “People covet privacy, security… and so with such limited inventory, prices have risen very fast in the last couple of years.”

The grand backyard of a hundred-million-dollar home in Indian Creek Village, Miami. (Fox News Digital)
Zuckerberg’s new estate currently sits as a skeleton of modern concrete bones, still fully exposed to the coastal Miami elements. Parked outside his unfinished home appeared to be an unmarked, blacked-out SUV keeping watch over the lot.
It’s a stark contrast to the finished, bougainvillea-covered Mediterranean arches of the mansion Johnston showed to Fox News Digital. Though that completed home is not formally for sale, its market price is estimated to be more than double what Zuckerberg paid due to its specific location and views.
“Fifty percent of the sales on Indian Creek are off-market. There are some that are just thinking about selling, and it becomes known in the community, and they’ll start getting offers,” he said. “They don’t really want to advertise because that can draw a lot of tire kickers and people that are interested to see the home.”
OVER $126M IN 60 DAYS — FLORIDA REAL ESTATE TYCOONS SAY BLUE-STATE WEALTH MIGRATION IS NOW PERMANENT
The agent noted that it typically takes one year for plans and permits, and three years to build a significant home on the island. He also explained how Bezos bought a 20-year-old Indian Creek property “in beautiful condition” for $75 million “just for somewhere to sleep” while his other two adjacent lots are being developed for his larger estate.

A home in Indian Creek Village, on Tuesday, Dec. 5, 2023. (Getty Images)
Driving by their residences, Bezos’ homes had long and winding driveways with iron gates and carefully tailored landscaping; Brady’s home appeared to be an almost entirely glass, gray-toned house from the front, with modern yet chic furniture and art visible through the window panes.
“When Tom Brady started building, he was thinking about selling the house for $80 to $100 million. Now he’s turning down offers four or five years later of $200 million,” Johnston said as another example.
“Some developers are doing very high-end homes now, but these end users, they have no budget. So then they’ll elevate those finishes even further, and they’ll build their dream home,” he continued. “I think this neighborhood is not attainable for some of us, including me. I think even some of the owners themselves are shocked.”
Every property on Indian Creek has direct water access. | Getty Images
Socializing on and around the man-made island has seemingly replaced New York City and Silicon Valley boardrooms, as the top agent pointed out changes in the way business deals and venture capital decisions are being made outside of their traditional offices.
“One of my clients… he’s a VC, he’s worth about $14 billion, and he would walk out in Manhattan, he’d go, ‘I put on my bulletproof vest, I go to war… Down here, I go out in shorts and a T-shirt, I walk on my conference call to a coffee shop, I finish that, I do another meeting… I found more peace with my life, I’m just as efficient,’” Johnston recalled.
With more than half of $1 trillion in combined net worth living on Indian Creek, it’s solidifying itself as the epicenter of a permanent wealth migration. However, the juxtaposition of the billionaires’ playground and an exceedingly risky market for average buyers is wide — UBS’ Global Real Estate Bubble Index for 2025 recently put Miami in the No. 1 spot for the real estate market with the highest bubble risk on Earth, surpassing the peak of the 2006 housing bubble.
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Miami’s breathtaking skyline can be seen from many Indian Creek homes. (Getty Images)
But Johnston argues that the trickle-down effect is funding massive public works, like high-speed transit and nearby affordable housing for the island’s vast support staff.
“I think it’s only going to benefit Miami greatly,” he said. “It has become more expensive and there’s been some push away from that. But the city is doing something about it, developers are reacting to it and there are peripheral areas now that are getting built out with beautiful retail and bus services and public transport, and I think it’s only going to make the city better and better.”
Business
10 Thoughtful Mother’s Day Gift Ideas for 2026 That Celebrate Modern Moms
NEW YORK — With Mother’s Day 2026 falling on Sunday, May 10, shoppers are turning to meaningful, experience-driven and tech-enhanced gifts that reflect the evolving roles of today’s mothers. From personalized wellness tools and sustainable fashion to AI-powered keepsakes and memorable experiences, this year’s top recommendations blend practicality with emotional resonance as families seek ways to honor the women who juggle careers, caregiving and personal growth.

Retailers report strong demand for gifts that support self-care, family connection and sustainability. According to the National Retail Federation, Americans are expected to spend a record $35.7 billion on Mother’s Day this year, with experiences and personalized items leading the surge. Here are 10 standout gift ideas for 2026 that balance thoughtfulness, innovation and practicality.
1. Personalized Smart Jewelry with Health Tracking Oura Ring Gen4 or a custom-engraved Whoop band with a mother’s birthstone offers discreet wellness monitoring. These sleek pieces track sleep, stress and activity while allowing engraving for a personal touch. Prices range from $299 to $499, making them premium yet practical for health-conscious moms.
2. Custom Family Digital Photo Frame The latest Aura Carver or Skylight frames with AI curation automatically organize and display family photos from shared cloud albums. New 2026 models include voice-activated controls and unlimited storage. At $169–$299, these frames deliver ongoing joy long after Mother’s Day.
3. Luxury Sustainable Skincare Subscription Brands like Dieux and Merit offer curated, refillable skincare sets using clean, planet-friendly ingredients. Many now include personalized quizzes that tailor products to individual skin needs and environmental concerns. A full-year subscription starting around $180 shows ongoing care.
4. Immersive Experience Gift A mother-daughter cooking class with a celebrity chef, a weekend glamping trip or private yoga retreat delivers memories over material items. Platforms like Viator and Airbnb Experiences have seen 40% growth in family-oriented bookings for 2026, with prices ranging from $150 to $1,500.
5. Noise-Cancelling Headphones with Wellness Features Sony’s WH-1000XM6 or Bose QuietComfort Ultra include built-in meditation guides, spatial audio for audiobooks and exceptional battery life. Many moms report these as game-changers for finding quiet moments in busy lives. Expect to spend $350–$429.
6. Personalized Wellness Journal with AI Insights The Intelligent Change Five Minute Journal now integrates with companion apps that analyze mood patterns and suggest personalized prompts. Leather-bound versions with custom monogramming make this both beautiful and functional, priced around $45–$85.
7. High-End Eco-Friendly Cashmere or Linen Sustainable brands like Naadam and Quince offer traceable cashmere sweaters or premium linen sets. Many provide customization options including embroidery. These timeless pieces support ethical fashion while delivering luxury moms will reach for daily, starting at $89.
8. Smart Garden Kit with App Guidance AeroGarden’s latest models or Click and Grow smart planters allow year-round herb and flower growing with AI-driven lighting and reminders. Perfect for moms who love gardening but lack time or space, these kits range from $79 to $299 and include starter seed pods.
9. Custom Recipe Book or Family Cookbook Services like Shutterfly and Artifact Uprising turn family recipes and photos into beautiful hardcover books. New 2026 features include QR codes linking to video messages from children and grandchildren. Prices typically range from $60 to $150.
10. Charitable Donation Plus Personalized Keepsake Many mothers appreciate gifts that give back. Platforms like GreaterGood and charity-focused jewelers allow donations to causes like women’s education or maternal health paired with custom jewelry or engraved items. This combination creates emotional impact while supporting meaningful missions.
Emerging Trends Shaping Mother’s Day 2026
Sustainability remains a dominant theme, with 68% of consumers saying they prefer eco-friendly gifts according to recent surveys. Personalized technology also continues gaining traction as families seek ways to stay connected across distances. Experiences over material goods reflect a broader shift toward creating memories, particularly among millennial and Gen Z gift-givers.
Retail experts note that hybrid gifts — combining something tangible with an experience or charitable element — perform especially well. Many mothers also express preference for items supporting their own well-being rather than traditional flowers or chocolate, though those classics still hold strong when paired with personalized notes.
Shopping Tips for a Meaningful Mother’s Day
Start early to avoid shipping delays on personalized items. Consider your mother’s specific interests and current life stage — a new grandmother may appreciate different gifts than a working mom with young children. Budget-friendly options exist across all categories, and many brands offer flexible payment plans or gift cards for last-minute shoppers.
Most importantly, pair any gift with a heartfelt handwritten note. In an increasingly digital world, the personal touch remains the most valued element of any Mother’s Day present.
This year’s gift landscape offers more thoughtful, useful and memorable options than ever before. Whether choosing high-tech wellness tools, sustainable fashion or unforgettable experiences, the best gifts celebrate the unique role each mother plays while supporting her individual journey through life.
As families prepare for May 10, these ideas provide a strong starting point for expressing gratitude in ways that truly resonate in 2026.
Business
Earnings call transcript: Camden Property Trust beats Q1 2026 earnings estimates

Earnings call transcript: Camden Property Trust beats Q1 2026 earnings estimates
Business
Buy PG for Reliable Dividends or Sell on Growth Concerns
NEW YORK — Procter & Gamble Co. (NYSE: PG) remains a cornerstone holding for income-focused investors in 2026, offering consistent dividend growth and defensive qualities in an uncertain economy, but slower organic sales growth and elevated valuations are prompting some analysts to recommend trimming positions or waiting for a better entry point. With shares trading near all-time highs, the question of whether to buy or sell Procter & Gamble stock this year depends heavily on an investor’s time horizon, risk tolerance and outlook for consumer staples giants.
P&G has delivered reliable performance through economic cycles thanks to its portfolio of essential everyday brands including Tide, Pampers, Gillette, Bounty, Crest and Head & Shoulders. The company has increased its dividend for 69 consecutive years, making it a Dividend King with a current yield around 2.4%. In the first half of 2026, PG shares have returned roughly 11%, slightly lagging the broader S&P 500 but providing stability during periods of market volatility.
First-quarter 2026 results showed organic sales growth of 3%, in line with company guidance but below some investor expectations. Pricing power helped offset volume softness in certain categories, particularly in North America where consumers remain price-sensitive. CEO Jon Moeller highlighted continued strength in health care and beauty segments while noting challenges in fabric and home care due to competitive pressures and retailer inventory management.
Analysts at firms like Goldman Sachs and Morgan Stanley maintain mostly positive outlooks. Goldman rates PG as Buy with a $178 target, citing its unmatched brand strength and ability to navigate inflation and supply chain issues. Morgan Stanley holds a Hold rating, arguing that while the company is a high-quality business, current valuations leave limited upside in the near term. The consensus price target sits around $165–$170, suggesting modest single-digit upside from current levels.
Strong Fundamentals Support Long-Term Ownership
Procter & Gamble benefits from several enduring advantages. Its diversified global portfolio spans beauty, grooming, health care, fabric care and baby care, reducing reliance on any single category. International markets, particularly emerging economies, continue to offer growth potential as rising middle classes adopt premium branded products. The company’s focus on innovation — such as new sustainability initiatives and premium product lines — helps maintain pricing power and customer loyalty.
P&G’s balance sheet remains fortress-like with strong free cash flow generation supporting both dividends and share repurchases. The company returned more than $15 billion to shareholders in the trailing 12 months through dividends and buybacks. This capital return discipline appeals to retirement accounts and conservative investors seeking predictable income streams.
Defensive characteristics also shine during economic uncertainty. Consumer staples demand remains relatively stable even in slowdowns, as people continue purchasing toiletries, detergents and diapers. This resilience has helped PG outperform during previous recessions and periods of high inflation.
Challenges and Reasons for Caution
Despite its strengths, several factors give pause to growth-oriented investors. Organic sales growth has moderated to the low-to-mid single digits after stronger post-pandemic gains. Intense competition from private-label brands and nimble challengers in categories like oral care and personal grooming has pressured market share in some segments. Rising input costs and the need for continued marketing investment have also compressed margins at times.
Valuation remains a key concern. PG trades at a forward price-to-earnings multiple in the mid-20s, a premium to historical averages and many consumer staples peers. This leaves limited margin of safety if economic conditions deteriorate or if the company misses earnings expectations. Some analysts argue that slower long-term growth prospects — projected around 4-5% annually — do not fully justify the current multiple.
Another risk involves changing consumer preferences toward natural and sustainable products. While P&G has invested heavily in this area, execution challenges and higher costs could weigh on results. Regulatory scrutiny on pricing, environmental impact and advertising practices also represents a background risk for large consumer goods companies.
Buy Case: Stability and Income in Uncertain Times
Investors considering buying PG stock in 2026 point to its role as a defensive anchor in diversified portfolios. In an environment of geopolitical tensions, potential recession risks and volatile equity markets, P&G’s predictable cash flows and growing dividend provide ballast. The stock has historically performed well during periods of market stress, offering downside protection while still participating in broader rallies.
Long-term compounding through reinvested dividends has created substantial wealth for patient shareholders. Those with a 5-10 year horizon may view current levels as reasonable for accumulating a high-quality business with global scale and pricing power. Upcoming product launches in premium segments and continued emerging market expansion could drive incremental growth.
Sell Case: Limited Upside and Better Opportunities Elsewhere
Those recommending selling or underweighting PG argue that better risk-reward opportunities exist elsewhere. Technology, healthcare and select industrial stocks offer higher growth potential at comparable or lower valuations. With PG trading at a premium, any slowdown in consumer spending or margin pressure could lead to multiple contraction and disappointing returns.
Investors who bought at lower levels in previous years may consider trimming positions to lock in gains and reallocate capital toward faster-growing sectors. Short-term traders might wait for a pullback closer to the 200-day moving average before re-entering.
Analyst Consensus and Market Sentiment
Wall Street’s overall stance leans Hold to Buy. The average rating from 18 analysts tracked by major platforms is Moderate Buy, with price targets implying limited but positive upside. Institutional ownership remains high, reflecting confidence in the company’s long-term prospects. However, activist investor attention has been minimal, suggesting the market views P&G as a steady compounder rather than a turnaround story.
Technical analysis shows PG in a long-term uptrend but approaching resistance levels. A break above recent highs could signal continued momentum, while failure to hold key support might trigger profit-taking.
Investment Considerations for 2026
For dividend growth investors, Procter & Gamble remains attractive. The company’s commitment to annual dividend increases, combined with a reasonable payout ratio, supports continued income growth. Retirement portfolios and income funds often include PG as a core holding for stability.
Growth investors may find the stock less compelling unless valuations compress or the company demonstrates accelerated top-line growth. Those building diversified portfolios might consider pairing PG with higher-growth consumer names or using it as a defensive satellite position.
Risk management remains important. While P&G is a high-quality business, no stock is immune to market downturns or company-specific challenges. Position sizing, regular monitoring of fundamentals and maintaining a long-term perspective are key to successful investment in consumer staples.
Final Outlook
Procter & Gamble stock in 2026 offers a classic choice between stability and growth potential. For conservative investors seeking reliable dividends and downside protection, PG deserves consideration as a core holding. For those chasing higher returns in a dynamic market, other sectors may provide more compelling opportunities.
The company’s strong brand portfolio, global reach and disciplined capital allocation support a positive long-term view. However, elevated valuations and moderating growth rates suggest patience may be rewarded for new buyers. Whether you ultimately decide to buy, hold or sell Procter & Gamble stock should align with your individual financial goals, risk tolerance and portfolio construction strategy.
As always, investors should conduct thorough due diligence and consider consulting a financial advisor before making investment decisions. The consumer staples sector will continue playing a vital role in portfolios, and Procter & Gamble remains one of its most respected leaders.
Business
Earnings call transcript: CubeSmart Q1 2026 reports earnings beat with cautious market response

Earnings call transcript: CubeSmart Q1 2026 reports earnings beat with cautious market response
Business
2 passive funds to open for subscription this week
Two new passive mutual funds are launching this week to expand fund houses’ offerings. DSP Nifty FMCG ETF opens May 12-14 with a Rs 5,000 minimum, while HDFC Gold Silver Passive FoF opens May 15-29 with a Rs 100 minimum. Investors should choose based on their risk appetite and goals.
Business
Intact Financial Stock Hasn’t Been This Cheap In Years (TSX:IFC:CA)
The Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks.
He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Features include: two model portfolios – the European Small Cap Ideas portfolio and the European REIT Portfolio, weekly updates, educational content to learn more about the European investing opportunities, and an active chat room to discuss the latest developments of the portfolio holdings. Learn more.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I currently have no position but am interested in the common stock and preferred stock although it is unlikely I will establish a long position within the next few weeks.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
3 REITs To Avoid (Mother’s Day Edition)
Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron’s, Bloomberg, Fox Business, and many other media outlets. He’s the author of four books, including the latest, REITs For Dummies. Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President. Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha. Learn more
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Earnings call transcript: Rubis Q1 2026 sees robust growth, stock dips

Earnings call transcript: Rubis Q1 2026 sees robust growth, stock dips
Business
Earnings call transcript: IPC’s Q1 2026 results show solid performance

Earnings call transcript: IPC’s Q1 2026 results show solid performance
Business
Equity MFs delivered over 8% return last week. Check top 9
Equity mutual funds saw a strong performance last week, with over 8% returns for the category. Among the top performers, international funds like Mirae Asset Global X Artificial Intelligence & Technology ETF FoF led the pack with an 8.49% gain.
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