Miami’s condo market continues to be global magnet
Miami’s condo market continues to be a strong magnet for international investment, but many brokers say the line between residents and investors may now be fuzzier than ever. Christian Kawas,…
Development in downtown Miami at fast clip
Despite rumors that the real estate boom may be slowing down, development in downtown Miami continued at a fast clip last year. Several residential buildings were to be delivered in…
Riverwalk could give illegal building new life
A developer who plans a luxury condo tower at the mouth of the Miami River is willing to extend the public riverwalk westward to EPIC Residences & Hotel right away,…
Miami office market becomes magnet to investors
Miami’s high-performing office market has become a magnet to institutional and foreign investors, brokers say, and the competition is causing top-tier buildings to trade for record prices. “Office-market sales are…
Brickell condo development may slow
Riding a five-year trend of high absorption levels, developers planned another robust year of new construction in Brickell’s hot condo market. But early signs suggest 2016 might be different. The…
Project for vacant port land on fast track?
A campaign by Miami’s Downtown Development Authority to block any competing use on the county-owned southwest corner of Dodge Island, near PortMiami, seems to be gaining traction. Ken Russell, new…
All-cash realty deals tumble
The percentage of cash transactions in the Miami residential realty market has trickled down over the past three years. Within two years, the percentage of local cash deals dropped 10…
Transit-oriented development rolls ahead
A planned transit-oriented development that would bring new residential and commercial uses near the northern edge of the City of Miami earned initial approval from city commissioners. The Upper East…
Residential construction in slowdown
The last three months of the year are pointing to weaker construction activity, specifically within the residential realm, as fewer major projects are predicted to break ground within the next…
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