Foreign investors have played a big role in the evolution of the Miami real estate market in the last decade. They come to Miami to buy residential and commercial properties, to build projects and to invest as silent partners. So what impact could President-elect Donald Trump’s anti-immigration rhetoric have on direct foreign investment in South […]
The latest survey of U.S. real estate economists shows continued declines in expected economic and real estate growth rates. Compared with six months ago, real estate economists have reduced their expectations about economic growth, interest rates, commercial mortgage–backed securities (CMBS) issuance, housing starts, and private real estate returns. One area of greater optimism is the […]
As the real estate market slows down, deals are taking longer to close. Lenders and buyers are scrutinizing every step of a transaction to walk away with the best terms possible as deal margins shrink. But this behavior is expected based on where we stand in the real estate cycle. Many of us who have […]
When the condo market glowed red hot in Miami, condo developers were some of the most active buyers of development sites. They would buy rundown motels, office buildings, retail centers, and anything else that could be demolished to make room for a new condo tower. A good example is the office building on Biscayne Boulevard and 14th […]
A new report by the Miami-Dade Beacon Council reveals one of the main reasons the Miami commercial real estate market is trending in the opposite direction of the contracting residential market. Demand for condos has decreased significantly while interest in commercial space is projected to grow. At the heart of the demand for CRE is […]