Rendering of the proposed soccer stadium The latest version of a downtown Miami soccer stadium would offer 20,000 seats, 25 events per year and no parking. Those were the headline numbers unveiled during a news conference Thursday by the venture trying to bring a professional soccer team to town. Miami Beckham United, backed by retired […]
Following a 10-month application process, Miami has received a federal designation as a special investment conduit for deep-pocketed foreign investors, which could help lure additional cash into an economy buttressed by foreign capital inflows. The development is particularly likely to attract Chinese investors to South Florida. In a statement, Mayor Tomas Regalado said the approval […]
Miami is officially a first-class place to live now that it was named for the second consecutive year in Christie’s International Real Estate report detailing the top 10 luxury properties in the world for 2013. And the company this city keeps is certainly impressive, featured along with Cote d’Azur, Hong Kong, London, Los Angeles, New York, […]
BY MARTHA BRANNIGAN PUBLISHED MAY 4, 2014 South Florida’s housing rebound has been remarkable. Lured by Miami’s cachet as an emerging international gateway and luxury getaway, foreign investors ranging from Russian oligarchs to Brazilian supermodels to anonymous Channel Islands companies have rushed in with mounds of cash. Along Miami Beach’s North Bay Drive and Sunset […]
Is Miami the next Monaco? Thursday, 17 Apr 2014 | 2:41 PM ET Both Monaco and Miami have soaring real estate prices. CNBC’s Robert Frank reports the super rich are really transforming Miami. If Miami real estate is a bubble, it’s still inflating fast. The average sales price for Miami real estate was up 19 […]
Miami, FL (PRWEB) March 20, 2014 The performance of the Miami real estate market remained strong in February, as prices continue to rise while properties sell rapidly and near asking price, according to the 31,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system. Median Sale Prices Continue to Increase Median sale prices again increased […]
il Dezer had 850 unsold condominiums on his hands five years ago and almost $500 million in loans coming due as credit markets froze and buyers disappeared. Today, he’s back in the market with what he sees as a safer bet: a 132-unit luxury project for auto enthusiasts called the Porsche Design Tower. Condos at […]
Expanding into the hospitality sector, fashion icon Tommy Hilfiger is on the verge of acquiring the Raleigh Hotel in South Beach for an undisclosed price. Hilfiger is in discussions with Raleigh owners David Edelstein and Sam Nazarian about buying the 1775 Collins Avenue property and extensively renovating the hotel, the Miami Herald reported. The designer […]
Miami Beach commissioners took an initial step toward cracking down on so-called “party homes.” A measure making it illegal to advertise short-term home rentals unanimously passed a first round of voting by the commission during Wednesday’s meeting, the Miami Herald reported. A second vote is necessary for the new regulations to take effect. The city […]
Last time, I analyzed the top real estate stories of 2013. Now, it’s time to dust off the crystal ball and look ahead at what I foresee will happen in our market this year. Prices will continue to rise but at a slower pace. According to real estate association data, South Florida single-family home prices […]
Miami Real estate News 