What will Trump’s presidency mean for Miami’s real estat...
The king of real estate is set to rule the country, but what will a Donald Trump presidency mean for local real estate, one of South Florida’s biggest industries? We wanted to gauge response from Realtors, developers, economists, bankers and lawyers about possible impacts of the election, both in the short...
Neighborhood Dive: Little Haiti, Little River and Lemon City...
Little Haiti, a neighborhood covering 3.5 square miles bordering the Design District to the south and the MiMo District to the east, has played a major role in Miami’s rich cultural history. Within its boundaries are Lemon City and Little River, a pair of historic enclaves that helped shape the...
Another small hotel on Fort Lauderdale sold.
Real estate brokerage firm Compass announced the sale of Harbor Beach Inn in Fort Lauderdale’s beach area for an undisclosed price. Compass agent Charle Celesia arranged the sale of the small lodging property at 1147 Seabreeze Boulevard, which anticipates high-season rates starting at $140 a night. “Our investor, an international hotelier, hopes to continue...
Miami ranks fourth for Asian investment among US markets
Good news for Miami real estate players hungry for Asian capital. A report from commercial brokerage CBRE shows more than half a billion dollars worth of Asian cash flowed into Miami real estate during this year’s first six months, making it the country’s fourth-most popular destination for investments from across the...
New Yorker flips Surfside retail building for $25M
About nine months after acquiring a prime retail spot in Surfside for $18 million, Benedict Realty Group flipped the property for $25 million. Records show Surfside Retail LLC sold the two-story, 25,058-square-foot building at 9564 Harding Avenue to 9564 Harding Investment LLC, an entity managed by Coral Gables attorney Peyton Lumpkin of the Lumpkin...