Developers propose 13-story office condo tower near Aventura
A 13-story office condo tower has been proposed on the edge of Aventura by a group of local developers. WD 19790 LLC, a joint venture between Prive Group and H&M Development, filed an application with the county to build its project at 19790 West Dixie Highway, not far from the Aventura Mall. The plan calls for 109,156 square feet…
Condo prices and rents flattening in downtown Miami: Report
Downtown Miami condo prices and rental rates are leveling out after two years of rapid appreciation, offering another sign of change afoot in the market as supply and demand shift, a new report obtained by The Real Deal reveals. The Miami Downtown Development Authority…
Curbed Comparisons: Exploring What $2,500 Rents You Around Miami
Welcome back to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various Miami neighborhoods. Is one man’s studio another man’s penthouse? Let’s find out! Today’s price: $2,500. If you’ve tried looking for an apartment lately, you might have noticed how…
Wells Fargo lends $29M to redevelop building on South Beach’s Lincoln Road
A building on South Beach’s famed Lincoln Road strip is being redeveloped thanks to a $28.55 million construction loan from Wells Fargo Bank. The bank awarded the mortgage to Miami-based co-owners Camford Corp. and Carib Mall Associates, led by Simon Karam and Salomon Terner, respectively.
Comment of the day re Skyrise: “The question that no one has…
“The question that no one has yet asked or answered is, will this structure be allowed to adorn any part of Skyrise Miami with commercial advertising for pay? Will it become some garish form of advertisements for vodka or anything commercial for profit? What if attendance falters and he decides to…
Renters Week 2015: Amenity Packed Luxury Rental Buildings Around Miami, Mapped
If looking to rent a new apartment with loads of amenities, many in Miami go straight to condo buildings which are often loaded to the gills with, well, everything. That, however, is just an option in the world of Miami renting, with some rental-only buildings being just as well…
Q&A with Mast Capital’s Camilo Miguel Jr.
South-of-Fifth, once a forgotten neighborhood for development, has emerged as a live-work-play destination in South Beach, stretching from Fifth Street to South Pointe Park. Louver House, at 311 Meridian Avenue, is a 12-unit boutique development…
AC Hotel in mid-Miami Beach opens Saturday
The AC Hotel by Marriott – Miami Beach, developed by Robert Finvarb Companies, will open on Saturday, marking the development firm’s second property to launch this week, amid a market-wide surge in new openings. The newly constructed AC…
What if the EB-5 Program Is Not Renewed?
Congress has extended the program 11 times but this time around there is more controversy than ever. Will EB-5 be renewed?
What Chinese Investors Really Want
With Latin American investment slowing in the wake of a stronger US dollar, Chinese investors are picking up some of the slack. But what kind of appetite do they have for American assets?
Miami Leads USA in Hotel Occupancy, Rates, Revenue
There are 8,000 new hotel rooms expected to be built over the next five years in Miami-Dade. That will add to a total hotel room inventory in the county that’s already well over 50,000 rooms, but apparently we’ll need them all. Turns out Miami hotels lead the nation in key statistics like occupancy, rate, and profitability.
Study Says Miami-Fort Lauderdale Ranks No. 2 In Startup Activity
A Missouri-based nonprofit studying trends in entrepreneurial activity ranked the Miami-Fort Lauderdale area No. 2 on its list for startup business activity. The Kauffman Foundation’s annual report ranks 40 metropolitan areas based on their startup activity.
Fairfield Residential buys site for 292-unit project in Fort Lauderdale’s Flagler Village
Fairfield Residential is adding to the home development boom in downtown Fort Lauderdale with a project in the Flagler Village area. Fairfield Flagler, an affiliate of the San Diego-based apartment developer, recently acquired about 2.5 acres spanning from Northeast 2nd Avenue to Northeast 3rd Avenue and from Northeast 7th Street…