America’s Commercial Real Estate Show recently delved into the multifamily market, a sector that continues to generate significant interest among investors. In this episode, the show host engaged in a fascinating conversation with Carl Whitaker, Chief Economist with RealPage. The episode kicked off with a reference to the upcoming 2025 C5 Plus CCIM Global Summit, […]
A recurring question in multifamily development involves the viability of 5-story projects. While zoning under the Live Local Act may allow for greater height and density, in practice, many sites face economic height constraints. That is, although taller buildings may be permitted, the marginal cost of construction per unit rises significantly with each additional story—often […]
Variance Requested For Citadel HQ Brickell Supertall Rooftop Crown A variance is being requested from Miami-Dade in order to build a supertall rooftop crown at the Citadel HQ tower proposed in Brickell. Plans for the large crown were submitted to county planners in March, in a revision from earlier plans for the tower submitted in […]
Brickell’s Mandarin Oriental Closing Soon To Make Way For 850-Foot Tower Brickell’s Mandarin Oriental hotel will close next month to make way for two new towers, according to the SFBJ. The closing date is May 31, according to an employment notice filed with the State of Florida. Two new towers are planned to be built […]
Multifamily Market Insights: Navigating 2025 with Optimism and Strategy On a recent episode of America’s Commercial Real Estate Show, the host welcomed Greg Willett, Chief Economist, and Andrew Bowen, SVP of Strategic Partnerships—both from LeaseLock—to unpack the state of the multifamily market. Their in-depth discussion illuminated the current challenges and future opportunities shaping the multifamily […]
Sabet and Evolve’s proposed projects in Miami’s Wynwood Norte and near Edgewater get green light Miami architect Kobi Karp pulled off a double play, scoring a green light on designs for a pair of apartment projects near Edgewater and Wynwood Norte. On Wednesday, the Miami Urban Development Review Board approved 1600 Edgewater, Sabet Group’s 33-story tower […]
First Tower Of 800+ Unit Project Proposed In Health District Related Urban has submitted a Zoning Verification Letter to Miami-Dade planners for a property in Miami’s Health District. The project name for the proposed development is listed as Gallery at Wagner Creek. Gallery at Wagner Creek’s North Tower is proposed to rise 27 stories. It […]
Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law A developer proposes a 163-unit Live Local Act multifamily project near West Little River, as the industry continues to seize on the state affordable housing law. Dan Ainuz, a residential real estate investor and developer, wants to build […]
Live Local Project The HueHub with 4,000 Units Moving Through Site Plan Approval A massive Live Local development is continuing through the site plan approval process. The development name is listed as The HueHub in plans prepared by architect Arquitectonica and submitted to the county. The first site plan application for The HueHub was submitted […]
Ares cements top ranking for pricey purchases in South Florida, paying $147M for Miami Lakes industrial complex Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the third time in less than a year that Los Angeles-based Ares dropped nine […]
In a recent episode of America’s Commercial Real Estate Show, the show’s host engaged with Carl Whitaker, Director of Research & Analysis, Market Analytics at RealPage, to discuss the multifamily housing market. Their conversation explored current trends, market forecasts, and challenges facing multifamily properties in the U.S., offering valuable insights for investors, developers, and industry […]
Whale & Star Wynwood to Develop Eight-Story Cloud One Hotel, Residences in Miami A joint venture doing business as Whale & Star Wynwood Owner LLC has announced plans for a new, eight-story mixed-use project in the Wynwood neighborhood of Miami. Spanning half a city block at 2215 N.W. 1st Place, the development will feature a […]
Mas brothers site once touted for MLS stadium getting 1,219 residences A large vacant property in Overtown that at one time was considered for a professional soccer stadium is now being developed into a major residential and mixed-use neighborhood. The sweeping project is a collaboration between 0101 Miami Properties LLC, led by brothers Jorge and […]
The Discussion: Navigating the Dynamics of America’s Multifamily Real Estate Market In the realm of real estate, few sectors have captured investor interest and market attention quite like multifamily properties. Offering a blend of stability, demand, and potential for growth, multifamily real estate has been a favored asset class for many investors, particularly in the […]
Multifamily properties offered for sale generally go up on one or more listings platforms, one of which is the commercial MLS. It has seemed that there has been a rash of multifamily listings in recent weeks. Conveniently, the commercial MLS allows one to checks such a perception by viewing active listings counts over time, filtered […]
The Conversation: Navigating the Real Estate Landscape: Insights from Industry Experts In the realm of commercial real estate, staying informed about market trends, performance metrics, and investment opportunities is essential for both seasoned professionals and newcomers alike. Recently, a conversation on “America’s Commercial Real Estate Show” delved into the multifamily and student housing sectors, providing […]
