To view this piece in its entirety, click through to the PDF of the report; Considering Cap Rates in Miami Area Commercial Real Estate. It begins with: Commercial real estate investors and professionals tend to discuss cap rates like bond yields, frequently losing track of the underlying risk premium and growth potential factors that drive them. […]
At the bottom of this post is a panorama pic of the land we understand, based on information in a recent related resolution by Miami-Dade County, to be the location for the proposed America Dream Miami Mega Mall and Entertainment / Theme Park Complex. It is a view to the West from I-75, just north […]
American Dream Miami is a newly proposed mega mall and entertainment complex. If it comes to pass, it will be the largest mall in the United States. Although there are clearly countless regulatory, zoning, environmental and other hurdles it has to clear to be approved, out of the gate this 200 acre retail theme park has nice […]
The National Association of Realtors® has published its Commercial Lending Trends Survey for 2015. Highlights of the survey include: Commercial vacancy rates declined for core property types. Availability is anticipated to continue contracting for retail, office, and industrial properties in 2015 and beyond. Vacancies for apartments are estimated to rise due to supply increases. Commercial rents […]
The National Associations of Realtors has released their 2015 commercial real estate outlook report, Scaling New Heights – Commercial Real Estate Expectations and Market Realities in Real Estate 2015. As 2015 moves along, numbers of investors are increasingly optimistic versus prior years. Growth in the economy has been increasing, job growth has been improving, and consumers have been […]
Click here to view the complete Miami DDA Master Plan. The Miami Downtown Development Authority (DDA) is a quasi-independent public agency of the City of Miami which ischarged with making Downtown Miami the most livable urban center in the USA and with strengthening its position as the Epicenter of the Americas, to make it ever more an international […]
Click here to view the executive summary of the Miami DDA (Downtown Development Authority) Master Plan. The Miami DDA Master Plan includes the objectives such as building a convention/conference, growing and attracting business and key retailers, attracting international institutions, and more. Although most relevant to real estate in Downtown Miami and Brickell area, it has […]
The U.S. Treasury yield curve ended 2014 relatively unchanged from a year prior in the 5-year and shorter maturities, with rates lower in longer maturities, more than 100 basis points for 20 years and longer. This can be seen clearly in the accompanying “U.S. Treasury Yield Curve December 31, 2014 vs. December 31, 2013” […]
The U.S. Treasury yield curve ended 2015 ever so slightly higher versus the end of 2014, as can be seen in the accompanying “U.S. Treasury Yield Curve December 31, 2015 vs. December 31, 2014” chart. The biggest increase versus the year prior was in 6-month treasuries, with the increase a bit more than 50 basis points. […]
The National Associations of Realtors has released their 2014 commercial real estate outlook report, The Future Unfolds – Commercial Real Estate Expectations and Market Realities in Real Estate 2014. Findings indicate that although some uncertainty remains, the economy is anticipated to continue to grow slowly and improve a touch in 2014. Capital is abundant, and commercial […]
