Category: Uncategorized

Miami Commercial Real Estate News November 30, 2023: Amazon Seeks Office Space; FAA Approves 1,049 ft. Tower; Key Biscayne Ritz-Carlton Hits Market; More…

Nov 30, 2023 - Top Stories, Uncategorized - 0 Comments - Standard

Brookfield’s oceanfront Ritz-Carlton Key Biscayne marketed for sale Brookfield Properties is looking to sell the waterfront Ritz-Carlton resort at 455 Grand Avenue in Key Biscayne, sources told The Real Deal. Brookfield is working with JLL to market the 302-room, 275,000-square-foot property at 455 Grand Bay Drive, sources said. Brookfield acquired Watermark’s two-thirds stake in the […]

Miami Commercial Real Estate News October 25, 2023: Grodery-Anchored Center Trades for $49.3M; UDRB Approves Office, Resi Project; 137-Unit Clevelander Plans Filed; More…

Oct 25, 2023 - Top Stories, Uncategorized - 0 Comments - Standard

Miami board approves Edgewater and Midtown office projects, Wynwood resi building A Miami board approved office projects in Edgewater and Midtown, as well as a residential building in Wynwood, but was not impressed with proposed apartments near the Miami River. The Miami Urban Development Review Board on Wednesday greenlit three proposals, but took issue with a […]

Video: Federal Reserve Real Estate Subject Matter Expert Brian Bailey Discusses the Fed’s View on Commercial Real Estate 2022

Oct 21, 2022 - Uncategorized - 0 Comments - Standard

In this video, Brian Bailey, Federal Reserve Real Estate Subject Matter Expert, joins America’s Commercial Real Estate Show to shares view on the commercial real estate market. He discusses expectations for the fed funds rate, then goes on to discuss balance sheet health of banks and the implications for lending. This is a varied discussion […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio December 2021

Jan 05, 2022 - Uncategorized - 0 Comments - Standard

In December the sales price to listing price ratio for commercial property dropped off a touch to a solid middle-of-the-pack 92.3%, with “the pack” being this number in the decade prior. This is for property sales as reported in the Miami Commercial MLS for improved commercial real estate (MLS classification: commercial/industrial) that lies within the […]

Quantifying What the Ag Exemption Costs Miami-Dade County’s Other Taxpayers

Aug 01, 2021 - Uncategorized - 0 Comments - Standard

Over the years, I’ve found myself stunned whenever I looked at the drastically low appraisal value versus market value of certain properties with an agriculture use where the highest and best use is clearly something non-agricultural. Just recently, I ran across an article in The Atlantic that addressed this; America’s Dumbest Tax Loophole: The Florida […]

Millage Rates in Miami-Dade County by Municipality, Sorted from High to Low

May 02, 2021 - Uncategorized - 0 Comments - Standard

Millage Rates in Miami-Dade County by Municipality Below here millage rates, which are used to calculate property tax, are listed in alphabetical order by municipality for the various municipalities within Miami-Dade County. These are also show in graph form above, sorted from high to low, with Biscayne Park having the highest millage rate. This highest […]

Chart: Miami-Dade Commercial Real Estate Sales March 2021

Apr 20, 2021 - Uncategorized - 0 Comments - Standard

The chart herein displays the number of closed sales of Miami-Dade commercial properties, including improved commercial property and vacant commercial land, that were recorded in the Miami MLS for the two years ending March 2021. March, as can been seen, was a record for the past two years. Looking back farther than the data in […]

Chart: Miami-Dade Commercial Real Estate Sales February 2021

Mar 19, 2021 - Uncategorized - 0 Comments - Standard

The chart in this post shows the number of closed sales of Miami-Dade commercial properties, including improved commercial property and vacant commercial land, that were recorded in the Miami MLS for the two years ending February 2021. One can see that February was a fairly normal sales month for Miami commercial real estate. This is […]

Hawkins Commercial Realty Listing Gets 37% More Listing Detail Pageviews (on top of Loopnet Premium) at No Additional Cost

Mar 05, 2021 - Uncategorized - 0 Comments - Standard

The top image shows various listing performance metrics for a premium listing in Loopnet for the light industrial property at 1007 Park Centre Blvd, Miami, FL 33169. Highlighted is detail page clicks, the number of times users clicked through and viewed the detail page for the property on Loopnet. The bottom image displays the same […]

Charts: Atlanta Fed Graphically Represents What You Already Know; Business is Down, Uncertainty is Up

Jun 27, 2020 - Uncategorized - 0 Comments - Standard

Certainly these could be characterized as the “duh charts” in this environment. Business is obviously down, and uncertainty is up. That is not news. It is nonetheless interesting to see this all graphically represented. It also serves to remind one that that uncertainty means only what it means, not certain. Put differently, it simply means […]