Oct 25, 2016 - 0 Comments - Top Stories -

Miami Commercial Property Headlines October 25, 2016: Condo Developers Cautious; Miami Fourth for Asian Real Estate Investment; More…

Panel: South Florida developers cautious on condo market

Some of Miami’s biggest developers boasted about the success of their condo projects, but cautioned brokers – and buyers – of the potential risks of projects that have not yet launched or started construction at The Real Deal’s Third Annual South Florida Showcase & Forum on Thursday.  “We’re not looking to start anything new today,” Gil Dezer, president of Dezer Development, said on the developers’ outlook…

Miami ranks fourth for Asian investment among US markets: CBRE

Good news for Miami real estate players hungry for Asian capital.  A report from commercial brokerage CBRE shows more than half a billion dollars worth of Asian cash flowed into Miami real estate…

A tougher sales pitch: Ranking South Florida’s top development marketing firms

One Sotheby’s International Realty was handling the sales for Boulevard 57, a 107-unit condominium project in Miami that was canceled.
From the fall issue: The days of red carpet parties for new condominium developments, with seemingly limitless budgets and endless guest lists, are…

One dead, five injured after construction accident at Echo Brickell

Building materials fell from the Echo Brickell construction site Wednesday afternoon, leading to five injuries and one death. City of Miami Fire Rescue answered calls of a scaffolding collapse at 1450 Brickell Avenue, the site of Property Markets Group’s upcoming 57-story Echo Brickell condo tower, which caused five injuries. Another man, a bystander, suffered a heart attack while running from falling debris…

The week in luxury: A map of Miami-Dade’s priciest condo sales

The temperature in Miami-Dade County might not be getting much cooler this fall, but its condo market felt a serious chill last week. Sales volume fell by roughly $19 million and only two condos managed to break the $1 million price barrier.  At the top of the pile last week was unit LPH4S at Oceana…