South Florida’s biggest hotel trades of 2016
From South Beach to Fort Lauderdale, hotel properties were hot tickets in South Florida’s commercial real estate market this year, often fetching top dollar from investors looking to grow their foothold in the region. Even with news of a possible oversupply in some cities and the Zika virus hurting…
Massive 28-Story Apartment Complex Proposed In Little Haiti
The development battle has edged northward into Little Haiti with one of the largest proposals in the neighborhood’s history and certain to upset anti-gentrification activists.
Hialeah Plans To Develop Two Transit-Oriented Districts
Aimed at promoting compact, mixed-use projects within walking distance of high-capacity rapid transit, the districts will be developed around the city’s Transfer Station and Market Station.
Miami Beach is the most expensive New Year’s Eve destination in the US, again
Topping out at over $1,700 a night! With fears of Zika in the rearview and temperatures lowering to more comfortable levels as the northeast freezes over, Miami again has become a premier travel destination across the globe. This is especially the case on New Year Eve as Miami Beach again paces the…
Real estate industry freaked out by Republican tax reform plan
Some real estate insiders are worried a Republican overhaul of the tax system could damage the industry. In June, Republican federal lawmakers proposed a tax reform, and lobbyists told the Wall Street Journal that it…
Miami market settling into slowdown in 2017: real estate players
Downtown Miami (Credit: Azeez Bakare Studios). Inset: Jay Parker, Mika Mattingly, Arnaud Karsenti, Ezra Katz and Taylor Collins. Miami’s real estate market experienced the first wave of a slowdown in condo sales at the start of 2016, with some experts warning it could lead to a recession by the end…
5 Steps to Find Your Next Commercial Real Estate Investment
Develop your selection criteria and invest with profit in mind. When it comes to finding the perfect commercial real estate investment, there are a lot of factors to account for, including your financial goals, your budget, your location, your risk tolerance, and a variety of other considerations.
Sunny Isles Beach landlord puts the squeeze on Miami Juice owners: litigation
An entity controlled by Barry Shelomovitz, a Sunny Isles Beach real estate investor who is co-developing the Residence Inn by Marriott, is being sued by his largest mom-and-pop tenant, the Miami Juice restaurant, at another shopping plaza nearby. Miami Juice’s owners allege Shelomovitz’s investment firm wants to squeeze them out of their long-term lease and evict them, based on a growing list of legal technicalities and allegedly petty complaints. It’s a legal move that they say appears…
Miami-Dade Wants To Make It Harder For Land Owners To Fight Assessment Hikes, Critics Claim
Miami-Dade property owners will find it much more difficult to contest their annual property assessments under a new guideline being considered by the Value Adjustment Board, a semi-governmental agency that mediates disputes between landowners and Property Appraiser Pedro Garcia, critics of the…
Dealing with commercial real estate litigation in Miami
Commercial real estate is a big part of the economy in Miami. Given that the city is so attractive as a place to live and visit, building and commercial real estate transactions are unavoidable. With some of these, there are disputes between developers, construction companies and others involved in…