Three Walls: You’ll Never Think About The Cubicle The Same Way Again As a researcher in commercial real estate, it’s not often I find a documentary film director turning their camera to an everyday interior feature of our industry to tell a compelling story, but that’s exactly what Three Walls delivers. It’s a Canadian filmmaker’s […]
Farmers Insurance Pays $62 Million for Broward Apartments The gated 79-unit Altis at Coconut Creek complex sells for $782,000 per unit. … Who Gets to Keep Court Registry Fee? Miccosukee Tribe Does in This Case A state appeals court rules the tribe should get back its $72,000 fee spent successfully appealing a $4 million judgment. …. DR […]
Click here to view the complete Miami DDA Master Plan. The Miami Downtown Development Authority (DDA) is a quasi-independent public agency of the City of Miami which ischarged with making Downtown Miami the most livable urban center in the USA and with strengthening its position as the Epicenter of the Americas, to make it ever more an international […]
Click here to view the executive summary of the Miami DDA (Downtown Development Authority) Master Plan. The Miami DDA Master Plan includes the objectives such as building a convention/conference, growing and attracting business and key retailers, attracting international institutions, and more. Although most relevant to real estate in Downtown Miami and Brickell area, it has […]
Big ideas abound for better Miami-Dade transit service, South Beach apartments trade at 10 times prior value…and more Big ideas abound for better Miami-Dade transit service 1. Big ideas abound for better Miami-Dade transit service — but how to pay for it? [Miami Herald]2. South Beach apartments trade at 10 times prior value [South Florida […]
Howard Tullman Of 1871 Talks Office Space, Workforce Mobility At RE/Journal CRE Forecast Conference this week at Chicago’s Hyatt Regency, the proceedings kicked off with a one-on-one with Howard Tullman, CEO of 1871, the non-profit startup hub located in Chicago’s Merchandise Mart. 1871′s reputation as a hotbed of technology startu… 2015 Economic Outlook. Blue Skies Ahead. Renowned […]
Vacant Edgewater lot sells for $64M Aerial of Rebuild Miami-Edgewater’s site, formerly owned by BDB Miami (via CBRE) The city of Miami’s oldest cemetery will have an upcoming neighbor, after investors bought an adjacent site for $64 million. A Miami-based company purchased the vacant lot north of the City Cemetery in … $10M subsidy approved for […]
Developer seeks approval for $70M Broward high-rise Rendering of Riva Residences A 100-unit mixed-use development went before the Fort Lauderdale planning and zoning board this week. Premier Riva’s $70 million Riva Residences would be built on 15,000 square feet at 1180 North Federal Highway. The project would be a redevelopment of a vacan… This 100-Acre Industrial […]
Plan calls for Miami-Dade mayor to take reins on sea rise, New Whole Foods under an active construction site…and more Flooding in Miami Beach in 2013 1. New plan calls for Miami-Dade mayor to take reins on sea rise [Miami Herald]2. Yes, the new Whole Foods is under an active construction site [Curbed]3. Original Brooklyn […]
Outlook strong for Lincoln Road, Doral’s 2015 retail, Scott recommends $100M for Florida charter schools…and more Lincoln Road’s retail outlook in 2015 is strong. 1. Lincoln Road, Doral’s 2015 retail outlook is strong. But why? [Daily Business Review]2. Scott recommends $100 million for Florida charter schools [Miami Herald]3. Boca Raton office building faces $9M foreclosure […]
Historic Lincoln Road building to be recreated Historic Lincoln Road renderings The rather glum-looking storefront of artist Romero Britto, which has graced Lincoln Road for years, is getting a facelift in reverse to look a lot like the facade it had back in 1935. The original design by Miami architect Russell Pancoast consisting of shiny […]
The U.S. Treasury yield curve ended 2014 relatively unchanged from a year prior in the 5-year and shorter maturities, with rates lower in longer maturities, more than 100 basis points for 20 years and longer. This can be seen clearly in the accompanying “U.S. Treasury Yield Curve December 31, 2014 vs. December 31, 2013” […]
Commercial Real Estate News Roundup For January 14, 2015 View image | gettyimages.com Vegas rents are rising, cheap oil from the fracking boom is having unintended consequences in Houston, and home ownership’s biggest cheerleader, Freddie Mac, says renting is less popular than we thought. Quelle surprise! It’s all here in the la… January 2015 Florida Real […]
Wichita-based Value Place hotel chain finalizing Miami plans A rendering of a typical prototype of a new Value Place hotel location. The Value Place hotel chain is finalizing plans to build a new hotel in South Florida this year, near Zoo Miami and highly visible from the Florida Turnpike. The Wichita, Kansas-based extended-stay hotelier is […]
Franklin Street closes two bulk condo sales for $12.6M Windward Lakes Condominiums in Pompano Beach Franklin Street, a commercial real estate firm with several offices in Florida, including one in Miami, said Monday that it has completed two separate bulk condominium transactions in South Florida involving a total of 178 units for $12.6 million. Frankli… […]
N.Y. developer Shahab Karmely takes on South Florida Shahab Karmely, founder and principal of KAR Properties New York developer Shahab Karmely is aiming his focus squarely on South Florida, assembling several properties for future condominium and mixed-use projects, with a desire to combine compelling architecture and aesthetic design. Karme… The Law Firm That Advised on $8B in […]
