Related Group, Allen Morris nab $166M construction loan for SLS LUX Brickell
Co-developers the Related Group and the Allen Morris Co. obtained a $166.1 million construction loan for their SLS LUX Brickell Hotel & Residences in Miami. Located at 801 South Miami Avenue in the city’s financial district, the project broke ground in December 2014 and should be completed in 2017. The Related Group said it’s over…
Doral Concourse: 40,000 SF In Office Lease Deals In 2 Months
C&W Research confirms that Miami’s Airport West submarket is one of the most desirable and performant markets in South Florida.
Section 8 housing community in Opa-locka sold for $20 million
The Gardens Apartments, a Section 8 affordable housing community in Opa-locka, was sold for $20.3 million. Creative Choice Homes II, a Palm Beach Gardens-based company managed by Yash Pal Kakkar, sold the 328-unit complex in multiple two- and three-story buildings to Ocean Ridge-based Glorieta Partners. The buyer…
Inside Downtown Miami’s Almost-Finished Langford Hotel
Construction of the Langford Hotel in Downtown Miami is racing towards completion, with a revised estimated opening date of ‘winter 2015,’ exteriors basically finished, and the interiors extremely close to being done. Located in an historic bank building, the name refers…
The Engineering Tricks Behind the World’s Super Tall and Super Slender Skyscrapers
View of One World Trade Center from New Jersey. Standard concrete has a compressive strength of 3,000-5,000 psi (pounds per square inch). All the concrete used during the construction of One World Trade Center exceed that strength, with slabs ranging from 4,000 to 8,600 psi and walls ranging from…
4 more luxury brands announced for Brickell City Centre
Brickell City Centre, a $1.05 billion massive mixed-use development coming to Miami, has confirmed four more brands opening in its 500,000-square-foot shopping center. Developers Swire Properties, Simon and Whitman Family Development LLC have confirmed about 20 stores since June, including the most recent…
Miami’s Iconic Architecture, Great and Small, the Map
From the obvious choices that anyone anywhere might know—like the Fontainebleau Hotel—to the less obvious but still extremely notable—like, say, the Helen Mar Apartments—Miami has a surprisingly long list of really iconic places…
Epic Miami Beach Rooftop for Sale
We are currently marketing Skydeck Miami, the hottest Miami Rooftop, for sale! Start by watching this short video. 605 Lincoln Road Rooftop – Miami Beach The most exclusive venue of South Beach is now for sale – we are talking both business and real estate. Located at the…
Property Tax reform for 2nd home owners and commercial properties
Rick and I have received a few telephone calls as well as e-mails asking questions how the real estate property tax cuts will be affecting non-homesteaded properties as well as miami commercial properties. In a nutshell, this is what has been proposed: Just like homesteaded…
Hospitality Legal Panel
On Wednesday, September 30, Bilzin Sumberg Real Estate Practice Group Leader and Greater Miami & The Beaches Hotel Association (GMBHA) Board of Director, Suzanne Amaducci-Adams, will moderate the Hospitality Legal Panel presented by GMBHA. Guests will hear from an experienced panel of attorneys…
What’s Driving 15% Growth in Six Months?
Tenant and investors are taking notice of these numbers in Boca Raton. What is driving them?
Miramar Office Condos Trade For More Than $250 PSF
Steve Sussman, Senior Associate with Fort Lauderdale-based NAI Rauch Weaver Norfleet Kurtz & Co., represented the Seller in both transactions.
CBRE Names Florida And Latin America President
The new president will be responsible for 18 CBRE owned offices and 4 affiliate offices with more than 3,000 employees in Florida, Latin America and the Caribbean.