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Daily Business Review

Office Returns, Tech Industry Driving Miami-Dade Office Listings

"There really isn't this much activity happening elsewhere. We're very fortunate to be in South Florida that's seeing a very different market than the rest of the market when it comes to office," said Stephen Rutchik, executive managing director of office services at Colliers.
5 minute read

Daily Business Review

2 Miami-Dade Properties Sell for Millions as Demand for Retail Space Rises

In Florida, vacancy is the tightest as employment gains outpaced the national average, and as more vacationers and flexible work options allowed more people to go out more frequently.
3 minute read

Daily Business Review

Distressed Property Trend: Defunct Hotel Transformation Complete in Hialeah

The Estate Cos., a multifamily developer in South Florida, has finished converting a former Ramada Inn into a rental community that it says serves as a model for how to successfully convert a distressed site.
3 minute read

Daily Business Review

Is Commercial Real Estate the Best Hedge Against Inflation in South Florida?

According to James Nelson, investment sales broker and head of Avison Young's tri-state investment sales group, investing in commercial real estate is today's smartest hedge against inflation.
7 minute read

Daily Business Review

What Attorneys Need to Know About Global Hotel Transactions

As global hotel acquisitions increase, panelists at the 2022 International Bar Association Conference in Miami Beach said there are some key things to consider as deals are made across different jurisdictions.
6 minute read

Daily Business Review

'A Very Big Market': Would Legalizing Recreational Cannabis Benefit South Florida CRE?

"Florida has all the amenities to be one of the largest cannabis markets if it were to go recreational," said Ryan George, CEO of 420 Property.
4 minute read

Daily Business Review

More Affluent Investors Expected as South Florida's Luxury Market in Hot Demand

Only 28% of high-net-worth buyers planning to purchase a home in the future say it would be their primary residence.
6 minute read

Daily Business Review

Have Distressed Property Investments Peaked? What South Florida Could See as the Market Tightens

There's a notable slowdown in acquisitions as buyers wait and observe the market.
5 minute read

Daily Business Review

Demand for Class A Space Strengthens in South Florida's Industrial Market

As inventory is running out in Miami-Dade, Broward County is seeing an uptick in migration from tenants in the Miami area.
4 minute read

Daily Business Review

'Cautious Optimism': Businesses Attracted to Broward's Development Opportunities, Class A Office Space

"The major advantage Broward County has is its central location between Miami and Palm Beach. Companies can attract labor from both neighboring counties," according to Zach Talbot, a principal at Cresa South Florida.
5 minute read

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