There are numerous reasons why Miami has increasingly become a financial destination. However, just as important are the non-financial reasons why you should invest in Miami’s real estate. Miami has very lucrative investment opportunities and despite the gradual increase in Miami’s prices, investors are still making money through good investment choices. Putting aside all the […]
Man-Made Beach in Miami’s Urban Core Turning Heads Miami real estate prices are rising and investment is pouring into South Florida at a rapid clip. It’s against that backdrop that East Edgewater’s newest luxury condo continues its ascension. Vertical construction at Biscayne Beach, a 51-story waterfront tower located at 711 NE 29th Street along Biscayne […]
There is an abundance of quick facts about Miami in this video that do a nice job of highlighting how awesome the area has developed leadership positions in so many areas. Some of the facts include: Largest concentration of international banks in the USA Latin American HQ for 1,400 international corporations 50 new skyscrapers under […]
City Within A City: Miami Worldcenter To Eventually Have Almost 8,000 Residential Units Miami Worldcenter finalized an agreement last week with Dade’s Water and Sewer Department that will bring enough utility capacity to the site for 7,780 residential units. To date, there are only two residential towers going through the city approval process. The Paramount […]
Shopping Center & Office Tower in The Works At 3000 Biscayne? A mixed-use retail and office project could be in the planning stages at 3050 Biscayne Boulevard. Crescent Heights, the company that owns the land, posted renderings of the new development on their website. A caption under the rendering cryptically refers to 343,000 square feet […]
Simon Property Group joins Brickell City Centre mall project Mall giant Simon Property Group has joined the team developing the 500,000-square-foot retail component of Brickell City Centre. Master developer Swire Properties previously brought Whitman Family Development, the owner of the Bal Harbour Shops, in on the deal, and now Simon (NYSE: SPG) has become the […]
As much as Miami Vice highlighted the unseemly side of the city, many believe it served to put Miami on the map. If so, it may be the foundation of Miami’s rise to global prominence, including its recent passing of Paris on it way to the rank of sixth on the Knight-Frank list of cities […]
New York developer buys building in Miami’s Edgewater for $19M A partnership between Terra Group and Avra Jain sold an office building in Miami’s Edgewater neighborhood for $18.75 million to a New York developer. Terra Skylar 3550 Investments, a joint venture between Miami-based Terra Group and hotel owner Jain, sold it to MREG 3550 Biscayne […]
Moves Up Ranking Of Most Important Cities For Ultra-Wealthy It only takes a short walk around Miami to see that just how much this magical city attracts wealthy residents and investors from all over the globe. Miami’s luxury evolution has seen it constantly attract high net worth individuals (HNWIs) and this seems to be on […]
Goldman team growing Wynwood again One of the first projects to bring hotel rooms to the bustling Wynwood Arts District is planned by Goldman Properties, a key player in the area’s metamorphosis. And, no surprise, the project will showcase plenty of art. G40 Wynwood aims to mix 72 residences, 68 hotel rooms, about 11,000 square […]
Evaluating the best deals on any commercial properties includes understanding the difference between rentable and usable square feet of the real estate property. In general, office space is advertised as rentable square feet which is higher than the actual amount of office space that the actual tenant can or will occupy. Usable Square Feet This […]
Berger Singerman Steers $37.7M Auction Bid for Plantation’s Fashion Mall Berger Singerman’s James Berger, Shahram Siddiqui, Barry Lapides, Paul Singerman, Brian Gart and Isaac Marcushamer represented Encore Housing Opportunity Fund in the bankruptcy acution purchase of the Fashion Mall. Miami River Inn sells for $8.6 million The Vagabond Group, a company led by developer Avra […]
Wells Fargo lends $46M for Downtown Doral condo tower Codina Partners secured a $46.13 million construction loan from Wells Fargo Bank for its second condo tower in its Downtown Doral project. The bank (NYSE: WFC) provided the mortgage to Parcel C1 Property, an affiliate of the Coral Gables-based developer, to build 5300 Paseo near 8500 […]
