With a limited supply of small bay cold storage across Miami-Dade, cold storage facilities represent a good investment opportunity with value-added potential. That’s the case of two cold storage properties in Doral and Miami I recently brought to the market. Located at 1375 NW 89th Court, the Doral facility consists of 18,152 square feet with […]
At the recent EisnerAmper’s Private Equity Summit in New York, real estate experts weighed in on locating attractive investment opportunities in the U.S. Their comments were sobering. Equity Group Chairman Sam Zell noted that he didn’t see much opportunity in the capital markets today, according to a Sept. 29 article published by National Real Estate […]
I recently presented a workshop on Miami CRE investment at the Expo Real Estate Conference in Argentina. The feedback I received from Argentinean investors – which included private equity groups and high net-worth individuals – was very positive. I departed with more inquiries than I had expected due to the unfavorable Argentinean currency exchange and […]
A tool known as Broker Price Opinion, or BPO, is gaining momentum among non-sellers. In a BPO, the estimated value of an asset and the sale price of a property are determined by a real estate broker as opposed to a property appraiser. I often employ this tool to help my clients price their properties […]
As property values reach new heights in Miami, many businesses are selling their real estate to lease the property back from the buyer/investor. Known as sale-leaseback transactions, these deals are gaining popularity among companies looking to free up capital to reinvest in their business to generate higher returns. I often advice business owners to consider […]