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.
By Melea VanOstrand | December 20, 2022
"Leisure travel and special events continue to drive great demand for hotel, food and beverage, and entertainment options across South Florida, thanks in part to more flexible work options," said Suzanne Amaducci-Adams, a partner and head of real estate at Bilzin Sumberg.
By Melea VanOstrand | December 19, 2022
"Fortunately for us, we had a very smart, attentive, and perceptive jury that understood the issues that were very complicated, because we were able to simplify them, and ultimately they were able to arrive at a decision that was not only a right and fair decision but a decision that was based upon the evidence," said attorney Stevan Pardo of Pardo Jackson Gainsburg.
By Melea VanOstrand | December 16, 2022
"Over the last year, flight-to-quality remained at the forefront of all major office moves, and the uptick of new-to-market demand translated into the stellar performance of new office developments and top-tier existing Class A office space," said Danet Linares, executive vice chairman of Blanca Commercial Real Estate.
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