The Federal Reserve has released its Beige Book Summary of Commentary on Current Economic Conditions by Federal Reserve District. A number of comments for district 6, which Florida and thus Miami is a part of, relative to commercial property or real estate in general were included: Residential real estate brokers and builders noted mixed sales activity […]
Scroll down for a list of affected South Florida wetlands property owners. In the latter part of 2015, James Hawkins, a Commercial Realtor at Keyes Commercial Realty and the owner of this blog, and another commercial broker in the office engaged in efforts to help a set of owners of property in protected South Florida […]
As a young boy, I once noticed that our family dog would lie in the seemingly exact geometric center of the people in the house. Upon noticing this, I tested it by gathering the family together, then watching what he would do as people moved around the room. Even if someone moved just a couple […]
Who knew nail salons were on such a roll? In the accompanying chart from FRED (Federal Reserve Economic Data) the aggregate revenue of a rather eclectic group of business types are plotted. These include nail salons, oil change and lubrication shops, bowling centers, and barber shops. Since 1998, both bowling centers and barber shop […]
In the seven days to June 29, 2015, MLS counts 20 new listings for commercial/business/agricultural land, down slightly from from the prior week, which saw 24 new listings of this type. Other indicators during this period that commercial real estate investors may wish to review are trends in commercial real estate prices and availability. These are influenced […]
Top Buyers Top buyers identified by Costar for commercial property in Miami’s zip code 33129 include: United Teachers of Dade The Carlyle Group Pan American Group Brickell Park View LLC Florida Inns Inc. C.L. Leemon and Linda Leemon Habitat Development Kenneth Rosen James F. Pollack, Esq. Marvin & Sandra C. Tinsley. Top Sellers Topping the […]
The closing price to listing price ratio tracked by MLS for Miami-Dade on improved commercial property dipped back to the lower end of a range is has been in for over a year. In the month prior, this ratio tipped 96%, a level surpassed in only 2 months since 1996, January 2011, when this ratio […]
This video talks about a Native American man called Golden Eagle (Ishmael Bermudez) that is holding out on selling his downtown Miami land, prime for commercial development, which surrounds it. More on this: Well of Ancient Mysteries Facebook Page Daily Mail Article Yahoo Slideshow Puts it in Perspective Where to find it:
This 21 minute video from National Geographic profiles Miami International Airport, aka MIA. The presence of such an important international airport has contributed substantially to the areas growth and status as an international destination. Miami International Airport has numerous effects on the economy of Miami and in turn its commercial real estate. More Miami International […]
Ted C. Jones PhD, Chief Economist and Senior Vice President at Stewart Title Guaranty Company, makes some interesting points about commercial and residential real estate in Miami. It is worth taking the time to watch it, particularly for anyone currently invested or considering investing in Miami area commercial real estate, or anyone involved in the industry, particularly Commercial […]
There are numerous reasons why Miami has increasingly become a financial destination. However, just as important are the non-financial reasons why you should invest in Miami’s real estate. Miami has very lucrative investment opportunities and despite the gradual increase in Miami’s prices, investors are still making money through good investment choices. Putting aside all the […]
Moves Up Ranking Of Most Important Cities For Ultra-Wealthy It only takes a short walk around Miami to see that just how much this magical city attracts wealthy residents and investors from all over the globe. Miami’s luxury evolution has seen it constantly attract high net worth individuals (HNWIs) and this seems to be on […]
The commercial Real Estate industry in Miami has a very promising future for international investors looking for investment opportunities in Miami. A recent study concluded that the construction of new office establishments is on the decline. This is because of the demand for commercial real estate as a result of increasing population and a sparked […]
Starbucks may have come along at just the right time. More on that in a bit. The futurist author John Naisbitt is perhaps best known for his 1982 bestselling book Megatrends. In this book, Naisbitt identified a set of trends, really predictions about society, with most if not all driven by technological advances following […]
In this video, Charles Bohl, Associate Professor and Director for the Graduate Program in Real Estate Development and Urbanism at the University of Miami School of Architecture, moderates a discussion between Avra Jain, Chairman and Founder of The Vagabond Group. Jodie W. McLean, President and Chief Investment Officer of EDENS, and Vincent Signorello, President and CEO of Florida […]
