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Daily Business Review

South Florida's Fast-Growing Population Spells Good News for Its Rental Market

"If we do go into a recession, building housing is going to take us out," one speaker said.
4 minute read

Daily Business Review

Build-For-Rent Sector Is One to Watch as South Florida Homes Become Unaffordable for Many

Speakers at a Miami Beach conference on Monday encouraged landlords to raise rents in more thoughtful and sustainable ways, noting, "If you're renting now you're renting, probably, for a long time."
4 minute read

Daily Business Review

In Sign of 'Renaissance Transformation,' Miami Development Site Sells for Nearly $20M

"It's not fun for people who are locally here, but the rents don't seem high coming from New York. In fact, they seem low still. I think until we adjust, it's going to be hard for locals or people who have been here a while," said Colliers executive managing director Mika Mattingly.
3 minute read

Daily Business Review

Brickell and Aventura Remain Popular Condo Markets as Inventory Shrinks

Demand for existing rentals and condo inventory in the Brickell and Aventura areas are still booming, as the submarkets are recipients of the attractiveness of Miami, says Craig Studnicky, CEO of ISG World, a real estate sales and marketing company in Aventura.
3 minute read

Daily Business Review

CBRE Has a New South Florida Managing Director

The newcomer joins the firm from Marcus & Millichap to support CBRE's advisory business within South Florida.
2 minute read

Daily Business Review

Coral Gables Developer to Bring $204 Million Mixed-Use Project to Miami

The development comes in response to critical demand for luxury rental units in Miami, according to Alirio Torrealba, CEO and founder of MG Developer.
2 minute read

Daily Business Review

Migration to South Florida Is Behind Strong Leasing Activity in Miami-Dade

"We currently have over 2.7 million square feet of Class A trophy office investments in Miami Dade alone," said Charles Russo, Southeast regional head for office and life sciences of Nuveen Real Estate.
4 minute read

Daily Business Review

NFTs, Crypto Mortgages Could Forever Change the Real Estate Market. Here's What You Need to Know

"As crypto becomes more popular, there's going to be more individuals that have crypto, and solutions like the one we're building are going to be necessary," said the CEO of one financial technology company.
6 minute read

Daily Business Review

A Home for Those Fleeing High Rents? Developers Begin Construction on Fort Lauderdale Mixed-Use Tower

"Pick your product type. More importantly, pick your team, and then put 3,000 pounds of energy and effort into realizing your vision," said Prospect Real Estate Development Group chairman Richard Zahn Sr.
5 minute read

Daily Business Review

This $59 Million South Florida Mansion Is Accepting Bitcoin as Payment

"If Gucci accepts Bitcoin, then Todd Michael Glaser will, too."
3 minute read

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