Higher Fed interest rates push home prices up
With the Federal Reserve’s additional quarter point increase in interest rates to 5.5%, which became effective July 27, residential properties’ prices have also increased, and credit lending is tightening. The…
48-story St. Regis on Brickell wins an approval
A developer has gained unanimous support for a plan to construct a 48-story luxury condominium tower with 152 residential units and parking for 391 vehicles in Miami’s Brickell neighborhood. Related…
Commercial real estate booms near Miami International Airport
Due to its proximity to Miami International Airport, Doral’s commercial and industrial real estate remains strong, as one of the most sought-after areas in Miami-Dade County. The Doral and airport…
Vast Hyatt Regency complex wins Miami lease
The land lease deal between the city and developers of the Miami Riverbridge project has won approval, paving the way for a reimagined Hyatt Regency hotel, residential apartments, green space…
Thousands of apartments may rise on old Miami Arena site
A vast and towering mixed-use residential development would give new life to the long-vacant former Miami Arena site in the heart of downtown. WG 700 NORTH MIAMI LLC, owner-developer of…
430 new Seybold Canal residences to include 37 micro studios
A developer is proposing a new mixed-use residential project that will include some micro living units near Spring Garden and the Health District, and in the shadow of the 836…
West Flagler three-building complex gets go-ahead
A major mixed-use development bringing apartments, office space and commercial uses to West Flagler Street in Miami moved ahead after the Planning, Zoning and Appeals Board approved an exception and…
Hurricane season finds homeowners insurance blowing in the wind
The Florida home insurance market remains volatile in 2023 for insurance companies and consumers alike. According to Jennifer Gimbel, senior managing editor and home insurance expert at Policygenius, “costly hurricane…
Mixed-use building to rise where Wynwood and Edgewater meet
A 12-story mixed-use residential building is planned for a site where Wynwood meets Edgewater in Miami. Developer Wynwood Owner LLC is proposing the project, 2100 NMA, at 2110 N Miami…
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