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December 4, 2013

Sunny in SoFi: Record prices in Miami’s South of Fifth district

New York Post By Michael Kaplan Two decades ago, the most southern tip of Miami Beach, then known as South Pointe, was desolate, downtrodden and overrun by vagrants and drug addicts. Nobody wanted to live in the neighborhood, much less build or invest there. But in the late 1990s, big-name luxury residential high-rises began to…

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December 1, 2013

Overseas Money Pours Into Miami Real Estate

MIAMI—Cranes are again rising over this city, as the poster child for the real-estate collapse enjoys a new condominium boom fueled by foreign investors looking to park their money in U.S. real estate. For several years after the housing bubble burst, a glut of towering condo buildings sat largely empty. Condo values plunged nearly 60%…

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November 26, 2013

Plots & Ploys

Wall Street Journal Downscale Is Looking Up The “condo king” of Miami and a luxury hotelier are teaming up by going a little down-market. Related Group’s Jorge Perez and Sam Nazarian, whose SBE Entertainment develops high-end hotels, casinos and nightclubs, are launching a new hotel and condo brand, with its first two properties slated for…

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November 24, 2013

Fine art helps sell real estate in South Florida

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The Miami Herald by Ina Paiva Cordle Nine iconic, life-size photographs of celebrities by renowned British photographer Terry O’Neill fill the sales office for The Bond on Brickell, a condominium planned for Miami. Down the street, shoppers eyeing the Related Group’s Paraiso Bay and SLS Brickell projects are greeted by a huge, Philippe Starck-designed outdoor…

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November 15, 2013

Miami de lujo… vidas de edición limitada

Forbes.com – Escrito por Rodrigo Medina Miami, mucho más que un destino resort, ha evolucionado en el centro neurálgico de América Latina. Junto a Hong Kong, Londres y Nueva York , Miami se posiciona hoy entre la denominada súper élite global. En 1900, con sólo mil habitantes, infestado de lagartos, pantanos y huracanes, Miami no…

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November 13, 2013

Related throws party for Baltus House groundbreaking

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South Florida Business Journal by Oscar Pedro Musibay. The Related Group celebrated the groundbreaking of its latest condominium project Baltus House near Miami’s Design District with a party that included members of Miami’s residential broker community. Those in attendance included artist and designer Javier Martin of the Baltus Collection, which makes contemporary high-end furniture. Related…

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Is South Florida headed for another housing bust?

Channel 10 Reports: Author: Todd Tongen, Reporter, Anchor,Ben Candea, Senior Web Producer, HALLANDALE BEACH, Fla. – South Florida is in the midst of another building boom. Peter Zalewski with condovultures.com said 174 new towers have been proposed since the housing market crashed in 2007. “Of the 22,600 units proposed, roughly about 40 percent are being…