Unlike in any past real estate cycle, foreign investors are increasingly becoming an important player in the acquisition of income-producing properties ranging from $1 million to $20 million in Miami. Many of these investors were introduced to the city by condo developers and became interested in commercial properties after buying one or more residential units […]
The Real Deal released a list of communities being transformed by development and investment capital. Overtown, North Beach in Miami Beach, the Arts & Entertainment District and Coconut Grove are among several areas that have emerged as the hottest real estate submarkets in greater Miami, according The Real Deal article. “These emerging areas are seeing […]
The U.S. economy passed a major psychological threshold as the Federal Reserve closed the door on the extraordinary measures put in place to combat the financial crisis. With the quarter-point increase of its overnight lending rate, the Fed signaled that the economy has finally returned to normal operating levels. Though some sectors still face headwinds, […]