March 2017 • HawkinsCRE

Having More than Halved Since 2009, Miami-Dade Unemployment Rate Extends Decline

Mar 29, 2017 - Economy - 0 Comments - Standard

The unemployment rate in the Florida county of Miami-Dade County continued its steady decline that began in late 2009. Since its peak in August of that year, the unemployment rate has more than halved from 12.4% to 5.1% at the end of 2016 (January 1, 2017). The extent of this improvement can be appreciated in the accompanying […]

Miami Commercial Real Estate News March 28, 2017: Triple Five Halts American Dream New Jersey; More…

Mar 28, 2017 - Top Stories - 0 Comments - Standard

Miami commissioner goes after large-scale developments A second Miami city commissioner is going after a provision in the zoning code that allows for large-scale developments with relaxed conditions called Special Area Plans, or SAPs. Commission Chairman Keon Hardemon proposes a moratorium on SAPs near Biscayne Bay to give planning staff more time to review current regulations […]

Miami Commercial Real Estate News March 21, 2017: Merrick Manor Rising; Deloitte on Economy; More…

Mar 21, 2017 - Top Stories - 0 Comments - Standard

Development by design: Will Miami’s Design District live up to its promise as the city’s premier shopping destination? The once-gritty Miami Design District is nearing the final stages of its transformation into a luxury shopping destination and cultural hub, filled with designer shops, restaurants, museums, hotels, home furnishings and art collections. Designer boutiques like Louis Vuitton, Hermès, […]

Video: 1031 Exchange Advisors CEO Points out Mistakes to Avoid with 1031 Exchanges

Mar 20, 2017 - Taxation - 0 Comments - Standard

Ricky Novak, the CEO of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins Michael Bull, host of The Commercial Real Estate Show, to talk about the top mistakes to avoid when using […]

Video: The Fundamentals of 1031 Property Exchanges

Mar 20, 2017 - Negotiating - 0 Comments - Standard

Ricky Novak, CEO of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins The Commercial Real Estate Show to discuss basis fundamentals of a 1031 property exchange. Anong the topics discussed are: Deadlines […]

Video: CEO of 1031 Exchange Advisors Discusses the Uncertain Future of the 1031 Exchange

Mar 20, 2017 - Taxation - 0 Comments - Standard

CEO Ricky Novak of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins Michael Bull, host of The Commercial Real Estate Show, to discuss the uncertain future of the 1031 exchange. Highlights of […]

Video with 1031 Exchange Consultant Discusses Advanced 1031 Exchange Strategies: Reverse 1031 Exchanges; More…

Mar 20, 2017 - Negotiating - 0 Comments - Standard

Ricky Novak, CEO of Strategic 1031 Exchange Advisors, a consulting firm and qualified intermediary that provides real estate as well as tax consulting services for clients structuring complex real estate transactions and asset dispositions, joins The Commercial Real Estate Show to discuss more advanced 1031 property exchange (1031 exchange) strategies. Among the topics discussed are […]

Video: Deloitte’s Bob O’Brien Discusses the State of the Current Economic Cycle

Mar 17, 2017 - Analysis - 0 Comments - Standard

Bob O’Brien, Global Real Estate Sector Leader at Deloitte, join The Commercial Real Estate Show to talk about where we stand in the current economic cycle and what we might expect going forward for the office and multifamily sectors. Some highlights include: Low interest rates and lack of new supply driving real estate value increases […]

Miami Commercial Property News March 17, 2017: Airbnb Scrutiny; Beckham Under Pressure; Little Havana’s Future; More…

Mar 16, 2017 - Top Stories - 0 Comments - Standard

Miami Commercial Real Estate Panel: Hotels seek level playing field with Airbnb A panel of commercial real estate developers on Tuesday touched on Airbnb, Zika virus hysteria and financing challenges builders in the commercial sector are currently facing. Diego Lowenstein, CEO of Lionstone Development, addressed the escalating conflict Airbnb is facing in Miami-Dade County. “We want […]

Video: Dr. Victor Calanog, Chief Economist & SVP at Reis, On 2016 Q4 Industrial Market Trends

Mar 15, 2017 - Industrial, Trends - 0 Comments - Standard

Reis Chief Economist and Senior Vice President Victor Canalog, PhD, provides an analysis of market fundamentals in the industrial property sector for the fourth quarter and year of 2016.  Some highlights from this video include: Industrial properties continued improvement trends in 2016 In the warehouse distribution sub-sector: Vacancies ended at 10.3% down 20 basis points […]

Miami Commercial Real Estate News March 14, 2017: MDM Closes on Former Arena Site; Staples & Radio Shack Store Closures; More…

Mar 14, 2017 - Top Stories - 0 Comments - Standard

MDM Closes On Purchase Of Miami Arena Site, Convention Center Hotel Coming MDM’s 53- story convention center hotel is one step closer. MDM closed on the purchase of the former Miami Arena site (birseye aerial view) late Friday for $45 million. The developer has issued a press release confirming the purchase. The deed is said to be […]

Miami Commercial Property News March 9, 2017: 1428 Brickell Sells; Paramount Miami Worldcenter clinches $285 million construction loan; More…

Mar 09, 2017 - Top Stories - 0 Comments - Standard

Paramount Miami Worldcenter clinches $285M construction loan Developer Dan Kodsi closed on a massive $285 million construction loan for Paramount Miami Worldcenter, marking the second biggest condo construction loan to close in Miami-Dade over the past two years. Inbursa Bank provided $170 million and BC Immigration Fund provided $115 million in financing for Paramount, a […]

Video: Dr. Victor Calanog, Chief Economist & SVP at Reis, On 2016 Q4 Retail Market Trends

Mar 08, 2017 - Retail Properties, Trends - 0 Comments - Standard

Reis Chief Economis and Senior Vice President Victor Canalog, PhD, provides an analysis of market fundamentals in the retail property sector for the fourth quarter and year of 2016.  Some highlights from this video include: Retail property fundamentals were mostly flat for 2016 In neighborhood and community center properties: Vacancies were unchanged for the fourth […]

Miami Commercial Real Estate News March 7, 2017: Allapattah Emerging; Warehouse Sells for $26 Million; Chinatown Plans for North Miami; More

Mar 07, 2017 - Top Stories - 0 Comments - Standard

Conceptual plan for Chinatown in North Miami unveiled Chinatown in North Miami? In a neighborhood with a nearly 75 percent black population, much of it Haitian, the city wants to turn a 16-block area into a district that will rival such well-known Chinatowns as those in New York, San Francisco and Los Angeles. A conceptual plan for […]