Miami’s commercial real estate market is very diverse due to the location as a coastal town, the cultural influence as a transportation hub between the Northern and Souther hemispheres, and the opportunities generated from various business sectors. Additionally, there is a wealth of national and international funding pouring into the region as investing in the […]
BlueCrest Capital Management, the investment firm led by billionaire Michael Platt, has opened an office in Miami that’s initially staffed by six portfolio managers, according to people familiar with the matter. BlueCrest, which is based in Jersey, Channel Islands, is among the latest money managers to open an office in Florida, a state with no […]
Medical real estate (MOB) is a sector undergoing some changes, but its future outlook remains stable. As healthcare providers continue to grapple with changes in reimbursement policies, investors are increasingly viewing these assets as more than just alternatives to core real estate sectors, says Lisa Strope, director of research at real estate services firm JLL. “It’s […]
Savvy CRE investors are finding ways to capitalize on the space left vacant by big-box retailers that were unable to compete with e-commerce. From Toys “R” US to Winn-Dixie Supermarket, national retailers are closing stores around the country. The soon-to-be vacated stores could bring much needed retail space to the market, according to a recent […]
CoStar Editor Paul Owers reports that office investment sales and the cumulative value across South Florida plunged during the first quarter of 2018, but real estate observers say the numbers aren’t as ominous as they appear. Palm Beach, Broward and Miami-Dade counties posted 123 sales from January through March for a total value of $442.7 […]