The Miami investment market is flush with liquidity as consistent yields and improving fundamentals keep investor sentiment optimistic in 2016, according to a recent Marcus & Millichap report. But as the real estate cycle evolves, investors have begun showing some resistance to outsize pricing, which may cause exceptional cap-rate compression to level off this year […]
Billionaire real-estate investor Sam Zell warns the economy is ‘in the ninth inning,’ but predicts a ‘milder’ downturn ahead, according to a recent WSJ article. Mr. Zell, who correctly called the top of the last commercial real-estate cycle, predicts that global problems will likely push the U.S. into a recession next year. He contends the […]
The recently released The Wealth Report 2016 by Knight Frank reveals some interesting CRE trends that wealthy foreign investors may keep in mind when deciding where to invest. Over a decade, Knight Frank has provided a unique perspective on the interaction between wealth and the world’s prime property markets like Miami. Experiential real estate Successful investors must […]
Miami-Dade County’s employment numbers show annual job growth rates in February of 15 percent in construction and 4.5 percent in financial activities, exceeding the state’s annual rate, according to statistics released recently by the Beacon Council, a private-public organization in charge of attracting businesses to Miami-Dade County. The Beacon Council President & CEO Larry […]
A slowing economic growth is making lenders nervous and they are expected to become more selective and discriminating as the year progresses, according to Bloomberg. If financing becomes less available, the velocity of CRE sales will be affected as the year progresses. Mark Myers, the head of the commercial real estate business at Wells […]