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 […]
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 […]