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October 29, 2014

Developer lucks into Miami’s newest hot spot

New York Post By Michael Kaplan   Stephan Gietl, principal of Mckafka Development in Miami, wasn’t looking for the city’s next hot neighborhood when he purchased just over a half-acre near the edge of Biscayne Bay — 8 miles or so across the Intracoastal Waterway from Miami Beach — in early 2012. At the time, he…

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October 7, 2014

Related Development Hits the Ground with Four Groundbreakings in One Month

Metro Citizen – Related Development, LLC is capitalizing on renewed rental demand, following historic lows in multi-family development. Four new rental properties totaling 1,129 units, from Miami-Dade to Palm Beach counties, break ground this month. Steve Patterson, President of Related Development, says low single-family home ownership rates, which declined to 64.8%, according to US census data (the lowest level since…