Keyes Commercial Leads Full Year 2016 Miami-Dade MLS Ranking

Keyes Commercial Realty Leading Market Share ChartView Listings · Contact

In the  twelve months ending December 31, 2016, The Keyes Company Commercial Division, commonly referred to as Keyes Commercial Realty, once again dominated the Miami MLS market share broker rankings for number of sales transactions of commercial improved properties within Miami-Dade County.  The firm’s impressive 28.6% share among the top 10 brokers of such properties was more than three times that of its nearest competitor and greater than the total share of the next three highest combined.

The Keyes Company has dominated such rankings in every year since at least 2006, which is as far back as the MLS reports are available.  The firm also ranked #1 in sales transactions of commercial land (commercial/agricultural/industrial/business land),  and was #1 combined (commercial improved and land).

View a full size chart and a link to the PDF here.

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January 12, 2017

Video: Visualization of Growth of Miami’s Skyline from 1990 to 2016

This short video fades from the skyline of 1990 to that of 2016, essentially today. During this period, Miami has gone from just exiting its sleepy southern town origins to a truly bustling international city with, by one measure, the third most dense skyline in the United States, trailing behind New York and Chicago.

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December 13, 2017

Miami Commercial Real Estate News December 13, 2017: Cirque de Soleil Founder Buys in Little Haiti; More…

Cirque du Soleil founder buys trio of warehouses in Little Haiti

Cirque du Soleil founder Guy Laliberte is betting big on Miami. The Canadian theater impresario paid $6.9 million cash for a trio of new warehouses at 300, 310 and 320 Northeast 60th Street in Little Haiti, The Real Deal has learned. Laliberte, who founded Cirque du Soleil in 1984 and still owns a stake in the entertainment company, is partnering with Magic City developers Bob Zangrillo, Plaza Equity Partners…

State-to-city-to-Genting deal for Miami bayfront property

The developer that owns a choice piece of bayfront property in Miami that was formerly the home of the Miami Herald is in negotiations with city officials for submerged land in order to build a marina. But first, the Florida Department of Transportation needs to deed the strip of bottomlands back to the City of Miami, so the city can lease it to Resorts World Miami LLC, a subsidiary of Malaysian casino giant…

Narrowing of Biscayne Boulevard in parking department hands

The city’s Off-Street Parking Board has approved an agreement between the Miami Parking Authority and the Downtown Development Authority to proceed with the Biscayne Green Project – the plan to transform Biscayne Boulevard into something other than a busy downtown street hugging vast surface parking lots. At the board’s Dec. 6 meeting, authority CEO Art Noriega asked the board…

Commission probes case of the disappearing public park

Some members of the Miami River Commission were disappointed recently to learn that a proposed major mixed-use residential project would not be providing a public park after all. Mast Capital plans nearly 700 residential units in two buildings on a large vacant lot at a bend in the river, to be called Miami River Walk. The 6.3-acre site at 1001 NW Seventh Street is on the south bank of the river, just east…

South Florida among fastest in US in job gains

South Florida tied for the second-fastest rate of job growth among the nation’s 12 largest metropolitan areas in October, with 62,000 added jobs increasing the area’s total by 2.4%, the US Bureau of Labor Statistics revealed last week. That gain far surpassed the national growth of 1.4% and trailed only the 2.7% job growth in the Dallas area. The Atlanta area also added jobs at a 2.4% rate. The gain…

Paramount Miami Worldcenter reaches the halfway point

30 stories remain Paramount Miami Worldcenter recently hit the halfway mark of its 60-story climb in downtown Miami. Miami’s future amenity king is currently 70 percent sold with over 48 nationalities represented among the buyer pool, per a spokesperson. Among its array of amenities are pool cabanas starting at $295,000 and an amenity deck (90 feet up) including the country’s first outdoor soccer…

Developers see incubation as key to North Beach retail success: panel

To reimagine retail in North Beach’s Ocean Terrace, developers are looking to projects doubling as business incubators that they hope will seed the commercial landscape in Miami’s most popular neighborhoods. “We have started talking about what we want it to feel like,” said Sandor Scher, co-founder of Claro Development, which is redeveloping 2.2 acres in historic Ocean Terrace, at a Tuesday conference…

Retail landlords are using the courts to stop stores from closing — and they’re winning

Retailers might want to think twice before closing a struggling store, as they could end up with a lawsuit on their hands. As shopping centers continue to struggle, landlords have started pushing back against stores that shut down by filing and winning court cases to prevent them from doing so, especially in instances where their closing would cause the landlord to take a huge financial hit, according…

The accounting reform that could be a game changer for co-working firms

A change in federal accounting rules taking effect by 2019 could give co-working companies a major boost. Under the new rules, public companies will have to list office leases as liabilities on their balance sheets, which could make them look worse on paper. But there’s a loophole: if public companies sign a lease with a co-working space provider, and if the provider has a right to move the tenant, that…

Airbnb grapples with slow listing growth in major cities

As Airbnb inches closer to going public, the company faces lackluster listing growth and questions over its expansion into more traditional hospitality ventures. Growth of listings in New York, Paris, Rome, London, Barcelona, Amsterdam and other cities, for example, slowed in 2017, the Information reported. The number of nights that homes in these cities were listed as available increased at a faster pace than…

Coral Gables moving forward with Little Gables annexation

The city of Coral Gables is moving forward with annexing the unincorporated neighborhood of Little Gables, according to the Miami New Times. The roughly 205-acre…, which lies just south of Southwest Eighth Street and east of Granada Boulevard, has about 90 trailer park homes in the Gables Trailer Park community. City officials recently discussed replacing the trailer park at Southwest 44th Avenue…

Multifamily Assets Give South Florida Investors a ‘Solid, Secure Feeling’

Multifamily sales volume in South Florida for 2017 likely won’t reach the dizzying heights of a year ago, but brokers and analysts expect investor demand for rental properties to remain strong in 2018 and beyond. As of early December, 709 sales in Palm Beach, Broward and Miami-Dade Counties totaled $4.25 billion, compared with 755 sales and $6.3 billion in 2016, according to CoStar data. The dollar…

Video: Visualization of Growth of Miami’s Skyline from 1990 to 2016

This short video fades from the skyline of 1990 to that of 2016, essentially today. During this period, Miami has gone from just exiting its sleepy southern town origins to a truly bustling international city with, by one measure, the third most dense skyline in the United States, trailing behind New York and Chicago.

Video: John Paul Ruiz of Entrust Discusses Real Estate Investing in a Self Directed IRA

John Paul Ruiz, QKA. CISP, Director of Professional Development with The Entrust Group, joins show host Michael Bull on America’s Commercial Real Estate Show to discuss self-directed IRA’s and relative topics like retirement, investing, real estate investment types, IRA and investment type differences, tax deferment strategies, IRA 8606 articles and forms, deductible and nondeductible contributions…

Video: Deloitte’s Jim Berry on Re-imagining Talent and Culture ~ 2018 CRE Outlook

Jim Berry, Real Estate Audit and Enterprise Risk Services Leader at Deloitte, joins host Michael Bull on America’s Commercial Real Estate Show to discuss his Deloitte’s 2018 Commercial Real Estate Outlook report and to discuss today’s talent, culture and generational management. The guest, Jim Berry, currently serves as the Audit and Enterprise Risk Services national leader for Deloitte’s Real Estate…

Barlington Group principals sell Little Havana property for $6.75 million

Barlington Group principals Bill Fuller and Martin Pinilla just sold a property in east Little Havana three months after putting it on the market. Property records show 1393 LLC sold the office building and development site at 1393 Southwest First Street and 120 Southwest 14th Avenue for its asking price of $6.75 million to 1393 Building LLC, a company controlled by Miami attorney Jorge E. Blanco.

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Retail Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Retail Sector trends. In this video, he discusses retail property occupancy rates, retail real estate deliveries (new construction), rental rate trends for retail properties, and more, all considered on a national level but with information applicable to Miami retail properties and to the Miami…

Coconut Grove’s long-awaited garage set to begin

Construction on the long-awaited Grove Bay Parking Garage in Coconut Grove is expected to begin next month, and if current plans fall into place the municipal parking garage and its liner of retail shops will be completed by January 2019. That’s the latest word from Art Noriega, chief executive officer of the Miami Parking Authority. The city’s Off-Street Parking Board on Dec. 6 authorized Mr. Noriega…

Resorts World in talks with the city of Miami to lease marina land

Resorts World Miami is in talks to lease land where it plans to build a marina, part of a multimillion-dollar redevelopment plan in Miami’s Arts and Entertainment District. The Genting Group subsidiary wants to lease submerged land that’s owned by the city of Miami and the Florida Department of Transportation, according to the Next Miami. FDOT acquired a portion of the land from the city to build the…

Fort Lauderdale Grows Up

In a strange sense, Fort Lauderdale is the Jan Brady of South Florida cities. To the north is West Palm Beach, bastion of high society, and to the south, it’s all Miami, Miami, Miami. Even mapmakers are hard-pressed to get Fort Lauderdale’s name to fit on the southern tip of the Florida peninsula. Often, it’s just easier to deal with the neighbors. That’s all about to change, though, as a series of major construction…

Micro-Units Are A Big Deal:

In 1963, Walt Disney approached two of his staff songwriters, the Sherman Brothers, to come up with a catchy tune for the UNICEF exhibition in the upcoming New York World’s Fair. The result was “It’s A Small World (After All).” Little did Mr. Disney know that his song could easily be the soundtrack for today’s boom in tiny living. Americans these days are obsessed with simplifying their lives.

Fort Lauderdale developer proposes resort hotel in Miami Gardens, near Hard Rock Stadium

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How E-Commerce is Impacting CRE

A lot has changed since 2011. That’s when a blog post on this site stated: “Many consumers still want to see or touch goods before they purchase, so they still go into a physical store to get this experience.” That statement still holds somewhat true, but e-commerce has continued to grow by leaps and bounds in the past six years – and fewer consumers have to go into a physical store to touch the goods…

International supplier sells Doral warehouse to Boston firm

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Artists Creating – And Owning – Their Own Spaces in Miami

Art does a lot for people. It appeals to our creative nature; it’s personal; its expression touches something in all of us. In the words of Pablo Picasso, “The purpose of art is washing the dust of daily life off our souls.” The same sentiment can be said about art in communities. By embracing creativity, neighborhoods are learning that art can wash off their dust. We’ve seen that with Miami’s…

Condo developers in Miami, other major cities encourage buyers to kick their cars to the curb

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CRE In Miami is Getting Greener

When it comes to climate change, perhaps no other region in the nation has as much to lose as South Florida – Miami and Miami Beach in particular. With each year, King Tide flooding becomes increasingly extreme and creeps into more and more neighborhoods, and herculean efforts are underway to adapt city design and pump water back into the ocean. It should come as little surprise that cities…

Underline scores $15M in funding from Coral Gables

The Underline just got another boost in funding, this time from the city of Coral Gables. The Coral Gables City Commission voted Tuesday to direct $15 million from impact fees, which come from developers constructing projects in the area, to the linear park. Collecting the funds will take about five years and will likely come from projects like the controversial Paseo de la Riviera, the Miami Herald reported.

Florida in The Top 5 For Commercial Development

When the NAIOP, the commercial real estate development association, conducted its analysis to determine the top states for commercial development, it looked at GDP, salaries, wages, and the amount of jobs created and supported from the development and operation of commercial real estate. People in South Florida, though, merely had to look at the number of cranes and construction projects filling…

Multifamily deals in SoFla totaled $3.6 billion through October, down from 2016

The total sales volume of multifamily deals in South Florida may not set a new record this year, but per-unit and per-square-foot prices are already higher than the previous year, according to a new Cushman & Wakefield report. From January to October, nearly 200 multifamily sales totaling $3.6 billion have closed in South Florida. For all of 2016, multifamily sales totaled $5.6 billion. Cushman…

Crossing the line: corporate disputes and tortious interference

Competition — friendly or otherwise — is a normal part of doing business. It drives value, innovation, and market growth. Sometimes, however, competition can go too far and give rise to a legitimate business dispute. Tortious interference is one place where competition crosses the line of legality. Tortious interference occurs when a third party prevents someone from receiving the benefits of a contract…

Brazilian billionaire scores approval for Miami Beach condo project

Brazilian billionaire José Isaac Peres received city approval Tuesday to redevelop the former Marlborough House property at 5775 Collins Avenue in Miami Beach. Peres, founder of Multiplan Real Estate Asset Management, secured approval from the Miami Beach Design Review Board for the once-contentious project after modifying designs for the building at 5775 Collins Avenue to include public beach…

Miami Downtown Development Authority Tries To Lure Hedge Funds Worried About Tax Changes

The Miami Downtown Development Authority hosted a party during Art Basel, in an attempt to lure Hedge Funds to relocate to Miami. The upcoming tax reform that is likely to negatively affect those living in Northern states was highlighted. Some of the invitees have expressed interest in relocating to Miami due to proposed tax changes. Under bills currently working through congress…

Judge halts work at Walmart-anchored mixed-use project in south Dade

Environmentalists scored a win on Friday after a federal judge ordered a stop to bulldozing at the proposed site of a Walmart in Miami-Dade County. Developers plan to build a mall, 900 apartments and a parking lot on the land, near Zoo Miami in south Dade. The Center for Biological Diversity and three other groups sued the U.S. Fish and Wildlife Service after it paved the way for the development earlier…

Those new towers are great, but where’s the new mobility?

Why does government keep approving far taller towers in Miami-Dade when we’re driving on the same old traffic-choked roads with inadequate mass transit? Most of us have asked that question in frustration as congestion gets worse, population expands and we’re cramming more and more buildings and people into the same geographic confines. Now the public’s question is joined by that…

Dan Gelber: New Mayor seeks to brand Miami Beach a cultural hub

Dan Gelber was born in Miami Beach – the only home he’s known and to him the most interesting city in the world. As its new mayor, he wants to keep it that way but ensure the virtues always prevail over challenges that come with being so interesting. Some of the challenges facing Miami Beach include safety, sea level rise and its street-level raising project, which Mr. Gelber said is disruptive…

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December 13, 2017

Video: Deloitte’s Jim Berry on Re-imagining Talent and Culture ~ 2018 CRE Outlook

Jim Berry, Real Estate Audit and Enterprise Risk Services Leader at Deloitte, joins host Michael Bull on America’s Commercial Real Estate Show to discuss his Deloitte’s 2018 Commercial Real Estate Outlook report and to discuss today’s talent, culture and generational management. The guest, Jim Berry, currently serves as the Audit and Enterprise Risk Services national leader for Deloitte’s Real Estate Services practice. He has more than 29 years of experience in providing audit and consulting services to companies in the real estate and hospitality industries.

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December 13, 2017

Video: John Paul Ruiz of Entrust Discusses Real Estate Investing in a Self Directed IRA

John Paul Ruiz, QKA. CISP, Director of Professional Development with The Entrust Group, joins show host Michael Bull on America’s Commercial Real Estate Show to discuss self-directed IRA’s and relative topics like retirement, investing, real estate investment types, IRA and investment type differences, tax deferment strategies, IRA 8606 articles and forms, deductible and nondeductible contributions, and Entrust Group custodian practices and benefits.Real Estate Investing in Self Directed IRA on CRE Show

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December 13, 2017

Miami Commercial Real Estate News December 6, 2017: Omni Mixed-Use Approved; Cirque du Soleil Founder Partnering in Little Haiti; More…

Split decision on new mixed-use towers in Miami’s Omni area

One of two mixed-use residential projects planned for Miami’s Omni neighborhood won a green light from a city review board last week as the other was deferred for more design work. Both are from The Melo Group, a family development company championed for building more affordable housing for the growing city. At a special meeting, the Urban Development Review Board heard presentations on Art…

Forbes Refers to Brickell City Centre as New Model For Retail

The great retail apocalypse of 2017 shows what happens to industries that don’t adapt. The bottom goes out of their industry – slowly at first, and then all at once. Some of the largest bankruptcies of 2017 have been retailers like Toys R’ Us, Payless and Radio Shack. There have been 6,700 store closings announced in the U.S. in 2017, which is already more than in all of 2008, in the thick of the financial crisis.

Miami International Boat Show faces manatee stricture

Miami-Dade’s Department of Regulatory and Economic Resources is recommending a variance and permit for an 830-slip temporary dock for the next five Miami International Boat Shows on Virginia Key with an unusual manatee protection stricture attached that could trigger an instant change in plans. The annual show moved to Virginia Key from Miami Beach temporarily for two years while the Miami Beach…

Trump Deutsche Bank Records Said to Be Subpoenaed by Mueller May Involve Trump National Doral Mortgage

Trump’s relationship with Deutsche Bank stretches back some two decades and the roughly $300 million he owed to the bank represented nearly half of his outstanding debt, according to a July 2016 analysis by Bloomberg. That figure includes a $170-million loan Trump took out to finish a hotel in Washington. He also has two mortgages against his Trump National Doral Miami resort and a loan against his…

The fate of the Coconut Grove Playhouse is center stage

Further drama played out as hundreds of people packed Miami City Hall last week to debate the fate of the Coconut Grove Playhouse. There was little agreement except on one point: the time to act is now. Waiting another month or year only subjects the massive structure to further wear and tear from Mother Nature and time. No decisions were made: the town hall was designed to hear comments on…

53-story apartment-hotel-office tower in Omni area OK’d

A major residential-hotel-office tower is planned for the heart of the Omni neighborhood fronting Biscayne Boulevard. Owner-developer V-Downtown Inc. plans a 53-story building at 1775 Biscayne Boulevard that will offer 200 hotel rooms, 444 residences, about 45,600 square feet of commercial space and 64,800 square feet of office space, rising from a parking pedestal for 546 vehicles. The city’s Urban…

Riverview Tower apartments tops off in Little Havana

Total 100 units priced from $1,200 A mixed-use project with 100 apartments recently topped off in Miami’s Little Havana neighborhood after breaking ground less than a year ago. Riverview Tower, a CADE Capital Partners development, is located at 645 Northwest First Street just west of the Miami River. The eight-story building features 55 one-bedroom units, 45 two-bedroom units, and about 1,200 square ft…

Miami rent report shows slight decrease from last year

Miami remains No. 9 in the country According to the latest national rent report by Zumper, Miami apartments have decreased slightly in price year over year. The data may have placed Miami as the ninth most expensive market for median one-bedroom apartments, which is actually up a spot from a year ago, but it also shows a 3 percent decrease from $1,800 to $1,750 a month. For two-bedrooms, it was a…

Miami’s 16 ultimate aerial drone photos, mapped

Featuring some of the best aerials of Miami that we’ve ever seen Drone photography has taken the real estate world by storm, especially with high-end property owners and marketers looking to give their projects a little extra oomph. It’s especially been apparent in coastal cities like Miami, where waterfront aerials often look more like sophisticated renderings than actual photos. Drone photos have also…

Residence Inn opens in Miami’s Sunny Isles Beach

Featuring 194 all-studio suites The 19-story Residence Inn Miami Sunny Isles Beach has officially opened at 17700 Collins Avenue. Designed by Kobi Karp, the $65 million modern project under the Marriott umbrella features 194 all-studio suites with kitchenettes and was designed with the business traveler in mind. Additional details include two rooftop decks, a poolside restaurant…

Developers, brokerages look to lure artsy set during Art Basel

Musical and dance performances, lavish parties, art-studded soirees and public installations aren’t only for the art-world set during Art Basel. During Art Week and Art Basel, developers and brokerage firms will capitalize on the well-heeled crowd descending on Miami to boost the visibility of their luxury projects. Condos are hosting parties and exhibits, brokerages are sponsoring art fairs, districts are…

$1 Billion Magic City project in Little Haiti brings on Cirque du Soleil founder

About a year after unveiling plans for Magic City, developers Tony Cho, Bob Zangrillo and Plaza Equity Partners are bringing an arts and entertainment partner to the $1 billion project planned for Miami’s Little Haiti neighborhood. Guy Laliberte, founder of Cirque du Soleil, is partnering with the developers through his Montreal company Lune Rouge, which develops and invests in projects tied to technology…

Gramps by the Sea coming to the Miami River

A new bar and restaurant, Gramps by the Sea, is coming to the Miami River. The sequel to the popular Wynwood bar Gramps won the unanimous consent of the Miami River Commission on Monday. The proposed design for the two-story, 100-seat bar and restaurant at 341 Northwest South River Drive will now be reviewed by the city’s planning and zoning department. It’s planned for the eastern side…

Remy Jacobson lists Design District property

A property in the Miami Design District that was tied up in litigation is now on the market for $14.5 million. Remy Jacobson of J Cube Development wants to sell the site, a three-story, nearly 16,000-square-foot building at 4141 North Miami Avenue, according to marketing materials from Aztec Group. In February, Jacobson secured approvals from the Miami Historic and Environmental Preservation…

Video: Discussion of Gross Lease Versus Modified Gross Lease

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SeaVee Boats return for bond source to build Medley plant

It’s the second time around for $9.7 million in Miami-Dade industrial development revenue bonds for SeaVee Boats, which plans to use the money to construction of a new custom boat manufacturing plant in January. County commissioners originally approved issuance of the bonds on Dec. 20, 2016, but the company had… The plant is to rise on a 9.3-acre property at 11100 NW South River Drive in Medley

Video: Deloitte’s Jim Berry on Re-imagining Talent and Culture ~ 2018 Commercail Real Estate Outlook

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Mast Capital’s proposed project wins OK from Miami River Commission

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Video: Boats Group CEO Sam Fulton Discusses its Move to Brickell

In this brief video from the Miami Downtown Development Authority, Boats Group CEO Sam Fulton discusses its business and why it chose to move its headquarters to the 1221 Brickell Center building at 1221 Brickell Avenue in Miami’s central business district. Boats Group operates a number of well known boat trading sites including Boat Trader, Yacht World, Boats.com, and Yacht Closer.

After securing $9 million in EB-5 funds, Hotel Astor is in financial distress, court documents allege

Two years after being approved as an EB-5 project, Miami Beach’s Hotel Astor at 956 Washington Avenue appears to be struggling to stay afloat, according to documents tied to recent lawsuits filed against the owner of the Art Deco-style property. In an affirmative defense filed two weeks ago in response to a suit filed by the hotel’s ex-general manager Eli Kostbar in Miami-Dade Circuit Court, Astor EB-5 LLC…

Video: Francis Suarez, Kobi Karp, Patrick Murphy, and Bruce Mowry Discuss Rising Sea Levels

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Miami based Related discusses mixed-use development at Florida Atlantic University

Miami-based Related Group may enter a partnership with Florida Atlantic University to build a $250 million mixed-use complex on vacant land at the university’s Boca Raton campus. The development would include apartments, restaurants and retail stores, a hotel and a convention center. The development site would be 30 acres on the southeast side of the FAU campus in Boca Raton just east of…

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Retail Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Retail Sector trends. In this video, he discusses retail property occupancy rates, retail real estate deliveries (new construction), rental rate trends for retail properties, and more, all considered on a national level but with information applicable to Miami retail properties and to the Miami…

Avra Jain sues ex-attorneys for $15M over failed development deal

Developer Avra Jain wants $15 million in damages from her former lawyers over a failed real estate deal in Doral. Jain filed a malpractice and breach of fiduciary duty lawsuit against Buchanan Ingersoll & Rooney and shareholder Richard A. Morgan Nov. 20… Jain, whose projects include the Vagabond Hotel at 7301 Biscayne Boulevard and the Bayside Motor Inn at 5101 Biscayne Boulevard

Video: Dr. Larry Souza of Pillar6 Presents Multifamily Forecast

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Regus parent Spaces to open shared-office spaces in South Florida

The parent company of executive office provider Regus plans to bring its shared office concept, called Spaces, to South Florida starting in Miami, a Regus executive told The Real Deal. Regus’ Jeff Doughman, said Spaces plans to open multiple locations in South Florida “from West Palm Beach/Boca Raton on south.” The parent company of Spaces and Regus is IWG plc, a multinational company formerly known…

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Industrial Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Industrial Sector trends. In this video, he discusses industrial property occupancy rates, industrial real estate deliveries (new construction), rental rate trends for industrial properties, and more, all considered on a national level but with information applicable to Miami industrial properties and…

Fat Tuesday Closes in Coconut Grove as Cocowalk Makeover Moves Forward

That’s Louis Del Borello, Grove Ambassador. And that is the end of Fat Tuesday in Coconut Grove. A sort of institution. Years ago, I took a job as one of those secret shoppers. Yes, they exist. And my first job was to go to the Fat Tuesday in the Grove and do a spot check. I had a list of things to look for and I remember one was to see if the bartender offered to refill my drink when it was empty. So my drink…

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on 2017 REIS Q3 Office Property Sector Trends

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Mequity, Jernigan Capital to Develop Self-Storage in Miami’s Little Havana

Mequity LLC, an Atlanta-based real estate development and investment firm focused on self-storage, and Jernigan Capital Inc., a merchant bank and advisory firm serving the same industry, intend to develop a 96,295-square-foot, 1,152-unit self-storage facility in the Little Havana neighborhood of Miami. The eight-story, climate-controlled structure is proposed for N.W. 27th Street, between the Dolphin…

Third-Quarter Data Release Shows Miami Among Markets with more than 10% Inventory Growth in Seniors Housing

During the past year, there have been nearly 38,000 units added to the stock of seniors housing inventory among the primary and secondary markets (largest 99 CBSAs in the nation). Roughly one quarter of this growth occurred in seven metropolitan areas: Dallas, Chicago, Minneapolis, Atlanta, Phoenix, Austin, Texas and Miami. Dallas alone accounted for 7.0 percent of all new seniors housing…

County seems foggy on what happened at meeting discussing Coconut Grove Playhouse

The county sent out an email called the “Coconut Grove Playhouse Report.” They claim in the report that the majority of people present at last week’s Playhouse meeting were in favor of the county’s plans. I think they mean the people in blue shirts that they planted from GableStage were in favor of the plan. To be honest, I don’t think any of those people even know where the playhouse is. It was just one…

Video: Deloitte’s Jim Berry on the Convergence of Disruption ~ Deloitte 2018 Commercial Real Estate Outlook

Jim Berry, Real Estate Audit and Enterprise Risk Services Leader at Deloitte, joins host Michael Bull on America’s Commercial Real Estate Show to discuss Deloitte’s 2018 Commercial Real Estate Outlook report and disruption or convergence of various factors impacting CRE. The guest, Jim Berry, currently serves as the Audit and Enterprise Risk Services national leader for Deloitte’s Real Estate Services practice.

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December 6, 2017

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Retail Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Retail Sector trends. In this video, he discusses retail property occupancy rates, retail real estate deliveries (new construction), rental rate trends for retail properties, and more, all considered on a national level but with information applicable to Miami retail properties and to the Miami commercial real estate market in general.

0 Comments
December 6, 2017

Video: Construction of Brickell Flatiron in Miami

Brief video highlights construction features of the Brickell Flatiron building in Miami.

0 Comments
December 5, 2017

Video: Discussion of Gross Lease Versus Modified Gross Lease

The host of America’s Commercial Real Estate Show discusses differences between gross leases and modified gross leases.

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December 5, 2017

Video: Boats Group CEO Sam Fulton Discusses its Move to Brickell

In this brief video from the Miami Downtown Development Authority, Boats Group CEO Sam Fulton discusses its business and why it chose to move its headquarters to the 1221 Brickell Center building at 1221 Brickell Avenue in Miami’s central business district. Boats Group operates a number of well known boat trading sites including Boat Trader, Yacht World, Boats.com, and Yacht Closer.

 

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December 5, 2017

Video: Francis Suarez, Kobi Karp, Patrick Murphy, and Bruce Mowry Discuss Rising Sea Levels

The Real Deal South Florida 4th Annual Real Estate Showcase & Forum – Panel 4: “Is South Florida Drowning?: What rising sea levels mean for the real estate industry.” With Francis Suarez, Patrick Murphy, Bruce Mowry and Kobi Karp, all of the Miami/South Florida area, and moderated by Hiten Samtani, Editorial Director of TheRealDeal.com, this video is relevant to investors in South Florida commercial real estate that have concerns about rising sea levels.

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December 5, 2017

Video: Dr. Larry Souza of Pillar6 Presents Multifamily Forecast

Dr. Larry Souza, Senior Investment Economist and Advisor with Pillar6 Advisors, joins host Michael Bull on America’s Commercial Real Estate Show to discuss trends and forecasts in multifamily sector. The guest, Dr. Souza, has 26 years of experience within the commercial real estate and financial services industries. Prior to his working with Pillar6 Advisors he worked for Charles Schwab Investment Management as a Managing Director of its Index Services and as Chief Economist and Managing Director of Global Real Analytics.

December 5, 2017

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Industrial Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Industrial Sector trends. In this video, he discusses industrial property occupancy rates, industrial real estate deliveries (new construction), rental rate trends for industrial properties, and more, all considered on a national level but with information applicable to Miami industrial properties and to the Miami commercial real estate market in general.

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December 5, 2017

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on 2017 REIS Q3 Office Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Office Sector trends. In this video, he discusses office property occupancy rates, office real estate deliveries (new construction), rental rate trends for office properties, and more, all considered on a national level but with information applicable to Miami office properties and to the Miami commercial real estate market in general.

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December 5, 2017

Video: Deloitte’s Jim Berry on the Convergence of Disruption ~ Deloitte 2018 CRE Outlook

Jim Berry, Real Estate Audit and Enterprise Risk Services Leader at Deloitte, joins host Michael Bull on America’s Commercial Real Estate Show to discuss Deloitte’s 2018 Commercial Real Estate Outlook report and disruption or convergence of various factors impacting CRE. The guest, Jim Berry, currently serves as the Audit and Enterprise Risk Services national leader for Deloitte’s Real Estate Services practice. He has more than 29 years of experience in providing audit and consulting services to companies in the real estate and hospitality industries.

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December 5, 2017

Video: Reis Chief Economist & VP of Research Victor Calanog Updates on Q3 2017 Multifamily/Apartment Property Sector Trends

Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Multifamily/Apartment Sector trends. In this video, he discusses multifamily property occupancy rates, multifamily real estate deliveries (new construction), rental rate trends for multifamily properties, and more, all considered on a national level but with information applicable to Miami multifamily properties and to the Miami commercial real estate market in general.

December 5, 2017

Video: Deloitte’s Jim Berry on Unlocking the Value of REITs ~ Deloitte 2018 CRE Outlook

Jim Berry, Real Estate Audit and Enterprise Risk Services Leader at Deloitte, joins host Michael Bull on America’s Commercial Real Estate Show to discuss Deloitte’s 2018 Commercial Real Estate Outlook report and the value of REITs. The guest, Jim Berry, currently serves as the Audit and Enterprise Risk Services national leader for Deloitte’s Real Estate Services practice. He has more than 29 years of experience in providing audit and consulting services to companies in the real estate and hospitality industries.

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December 5, 2017