By Melea VanOstrand | January 18, 2023
"We are incredibly bullish on South Florida," said Anthony O'Brien, a senior managing director of Jesta, in a press release. "As we develop this landmark project we will continue to grow our portfolio of world-class assets in this tremendous market."
By Melea VanOstrand | January 17, 2023
"What changed for many of them now is that they're getting into these peak homebuying years, and I think that will mean that if they're ready to buy a home, then they're likely to do so this year," said Josip Rupena, founder and CEO of Milo.
By Melea VanOstrand | January 13, 2023
"Today's climate is definitely challenging, but I think it forces creativity," Ryan Shear, managing partner of PMG and developer of Society Living, social apartment communities in various cities.
By Melea VanOstrand | January 11, 2023
A Q4 Miami-Dade office market report by Marcus & Millichap says big-name employers are gravitating towards buildings that are amenity-rich in Brickell and Miami Beach, where office availability in the summer of 2022 was below levels reported at the beginning of the COVID-19 pandemic.
By Melea VanOstrand | January 10, 2023
"When school is out, that's when the demand is there. People don't like moving their kids until school is out or summer vacation," said Justin Giles, a real estate investor and hedge fund manager. "I anticipate that somewhere around the spring or summer, you may see interest rates die down a little bit so the government can prepare for the higher demand so that they can stimulate the economy a little bit."
By Melea VanOstrand | January 6, 2023
The dispute started over a nonexclusive easement between two adjacent properties—the Blue Lagoon Condominium Association and the Weiss property.
By Melea VanOstrand | January 4, 2023
South Florida has benefited more from pandemic-fueled attention than any other part of the Sun Belt.
By Melea VanOstrand | December 28, 2022
As the construction pace accelerates, Miami is one of four major markets in the country that's projected to have had a retail inventory growth of at least 1% in 2022.
By Melea VanOstrand | December 27, 2022
"There's a recession, there's higher interest rates, inflation. But on the other side, you have a new source of demand, you have groups coming back, you're able to adjust rates, and you have new supply," said Driftwood Capital CEO Carlos Rodriguez Sr.
By Melea VanOstrand | December 22, 2022
"From November of 2021 to November 2022, the road got 8 million people," said Mindy McIlroy, president of Terranova Corp.
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