Monthly Archives: March 2013

Miami Casino: Genting plans condo sales, hotel operator agreement

By the end of this year, the bayfront site where The Miami Herald now stands will be reduced to vacant land ready for redevelopment. The demolition of the Herald headquarters is the first step in the Genting Group’s plans to turn the site into a luxury hotel with up to 500 rooms and several hundred […]

Miami casino project will not be slowed by Genting’s Vegas development plans

Resorts World Miami Genting Group’s plan to bring a mixed-use casino to 30 acres adjacent to the Adrienne Arsht Center for the Performing Arts in downtown Miami, will not be affected by the firm’s recent $350 million purchase of 87 acres in Las Vegas, the South Florida Business Journal reported. Resorts World Miami president Richard Goode responded to concerns that the Vegas […]

Miami area ranks among top global markets for luxury homes

The Miami area ranked eighth among the top 10 luxury real estate markets in the world in a report from Christie’s International Real Estate, putting it in a league with London, New York, Paris and Hong Kong, (but also Dallas and Toronto). Miami-Dade placed high in the percentage of second-home buyers, cash buyers, and foreign […]

Is It Safe to Sell Your House Now?

It might finally be time to come out of the basement. Seven years after the housing market began to collapse, rising prices and thinner inventories are presenting new opportunities for home sellers. Some hot markets are even seeing multiple offers for the same property—a phenomenon rarely seen since the boom years—as buyers become more confident […]