Commercial real estate leases are categorized according to two different rent calculation methods. These are “gross” and “net”. As a consequence of this categorization, there are three different types of commercial real estate leases. Gross lease basically implies that a tenant pays the landlord one lump sum amount for rent, and the landlord in turn […]
Miami-Dade considers $63M in bonds for 5 affordable housing projects The Miami-Dade County Commission will consider, at its April 21 meeting, awarding $63.4 million in bonds to build five affordable housing projects. The bonds would be issued through the Housing Finance Authority of Miami-Dade County and the developers would be responsible for repaying them. These […]
Yes, this is just for fun, but there is a commercial real estate angle; look at what the area looks like today.
Related Group To Launch Sales For Gran Paraiso Next Month, With Interior Design By Piero Lissoni Related Group is preparing to launch sales for the fourth tower at the Paraiso Bay complex. Details of the project haven’t been released yet, but sales will launch in early May. The developer has approval to build one more […]
The American “Wet” Dream Mall Miami Project. What do CEO’s in Miami Think? What do Miami Dade County CEO’s think of the new American Wet Dream Mall proposed for the Miami Dade County/Broward line? A portion of our public land was just approved in the State Legislature to be given to that zany Persian-Canadian family […]
American Dreamin’: The biggest mall in America… The biggest mall in America is one step closer to being built way out in Miami Lakes. Governor Rick Scott and his cabinet have unanimously approved the sale of 82 acres of state lands to Triple Five, the developer who plans to build the 200 acre American Dream […]
Brickell is a popular and urban neighborhood in Miami, Florida, United States. Brickell is famous for being South Florida and Miami’s main financial district and it has a large infrastructural network to support this. Brickell’s modern settlements have their roots in the mid 1800s and it grew to become Miami’s prime “Millionaire’s Row” in the […]
We recently extracted some office building sales data from Costar, specifically sales by quarter. We were looking at sales in units, not dollars, to get an idea of what percentage of properties were turning over. As those in the industry can attest, sales have been increasing. After hovering at around or just over 2% throughout […]
Is CRE Insurance More Expensive in Florida? With banks and insurance companies also active, real estate lending will remain competitive and favorable for borrowers. What does that mean for the insurance markets in Florida and beyond? Change orders add millions in airport costs; Is this how Broward should do business? For the third time in […]
Given the ability of a mall and entertainment complex as significant as the proposed American Dream Miami to draw people to it, we thought it might be worthwhile to take a look at how long it takes to get to the proposed location from key locations. The locations highlighted below consist of population centers, tourist […]
At the end of the 1st quarter of 2015, U.S. Treasury yields, on a nominal basis, were fairly unchanged in the shortest maturities, a touch higher in the 2-year maturity, and about 20 to 30 basis points higher for all maturities longer than 2 years. On a real basis, these yields dropped similarly, as the […]
Located in Central Downtown, the Miami Tower is a 47 story landmark skyscraper in Miami, Florida. It was primarily built as an office tower and it is currently the 8th tallest skyscraper in Miami and in the state of Florida as well. The Miami Tower, originally known and still referred to by many as the […]
