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ABI February 2017: Business conditions bounce back
- Feb 21, 2017
- By webmaster
- In Uncategorized
Firms find research, particularly on building materials, to be important to their practice Architecture firm billings bounced back in February, following a slight decrease in January. Architecture firms reported modest growth for the month, as the ABI score rebounded to 50.7 (any score over 50 indicates billings growth). Inquiries…
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South Florida apartment/condo developers flock to Tampa Bay
- Jan 05, 2017
- By webmaster
- In Uncategorized
“It was just a completely different city,” Guerra said, invoking a place that not only had survived the recession but seemed to be thriving. Guerra’s company, Coral Gables-based Altis Cardinal, bought a nondescript high-rise apartment building in the Historic Kenwood area four years ago and renovated it into the upscale…
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Impact glass giant Raul Casares, who ‘changed the South Florida skyline,’ dies at 82
- Dec 02, 2016
- By webmaster
- In Uncategorized
Raul Casares, the president of one of the nation’s largest window and sliding glass door companies, and his daughter Ingrid, the South Beach nightclub impresario who was so close to Madonna she could call the superstar simply “M,” used to drive along Brickell Avenue and play Spot the Glass. “We…
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Brickell’s boom continues to inch westward
- Oct 18, 2016
- By webmaster
- In Uncategorized
A development company plans to build a mixed-use residential tower on Southwest Second Avenue, about a block and a half east of I-95. Maizon is to be a 24-story tower, home to 262 apartments, about 15,000 square feet of ground floor retail uses and parking for about 366 vehicles. The…
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Miami Urban Development Review Board green lights three major projects
- Oct 06, 2016
- By webmaster
- In Uncategorized
Miami’s Urban Development Review Board gave the thumbs up to three mixed-use projects in Brickell, Coconut Grove and Little Havana. The board voted 4-0 to recommend approval for Zom’s new apartment tower in the Brickell neighborhood. The board’s Wednesday vote allows the Orlando-based developer to now seek the go-ahead from…
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57-story luxury condo tower in Edgewater advances
- Feb 09, 2016
- By webmaster
- In Uncategorized
The plan to build a luxury condo tower on the waterfront in Edgewater is moving ahead. Miami’s Urban Development Review Board has recommended approval of Elysee Miami, a 100-unit condo planned for a parcel at 700 NE 23rd St. The unusual design of the 57-story tower, with the size of…
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South Florida by the Numbers: 2015 Look Back Edition
- Dec 24, 2015
- By webmaster
- In Uncategorized
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. In the first month of 2015, my Realtor said to me… As we gear up for this week’s blowout South Florida by the Numbers holiday office party, we pause to…
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Going up: A look at major construction projects in Florida
- Nov 24, 2015
- By webmaster
- In Uncategorized
From office complexes to sports stadiums, airports, seaports, luxury condominiums and massive mixed-use developments, Florida is once again in the midst of a building boom. In the tri-county south Florida market alone, 117 residential towers with 11,527 units are under construction, according to a mid- October report from Peter Zalewski,…
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Lenders are Helping Foreign Investors Push Florida’s Real Estate Market to a New Peak
- Nov 14, 2014
- By webmaster
- In Uncategorized
Commercial real estate in Florida has heated up to the point that foreign investors and lenders are chasing deals that extend beyond their comfort zones bringing the market to a crest. U.S. partisan politics aside, foreigners from around the world are much more comfortable having their money here rather than…
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Arnaud Karsenti: betting big on Miami real estate
- Oct 05, 2014
- By webmaster
- In Uncategorized
Timing is everything in real estate. When Arnaud Karsenti got serious about real estate investing, the South Florida market was in the tank, and buying and selling distressed property was the way to go. As the market revived, the longtime Miami resident changed tack to focus on new development. But…