For decades, these three large city blocks in a prime location — straddling Miami Avenue and butting up against the Miami River and the Brickell financial district — lay inexplicably vacant. Now, in the seeming twinkling of an eye, they have been utterly transformed. Brickell City Centre, which opened in November, is an urban animal of a concentrated intensity...
Real Estate Trends: Fla. ‘outperformed’ the U.S.
ORLANDO, Fla. – Jan. 27, 2017 — In 2016, Florida’s economy outperformed the nation in part because of better job creation, according to several economists who spoke to a standing-room-only crowd of about 500 Realtors® at the 2017 Florida Real Estate Trends event Thursday during Florida Realtors Mid-Winter Business Meetings. National Association of Realtors...
One River Point the skyline of Miami’s Riverside Renaissance
ONE RIVER POINT WILL BECOME THE SKYLINE-DEFINING STATEMENT OF MIAMI’S RIVERSIDE RENAISSANCE. PROVING THAT LANDMARK LUXURY IN MIAMI DOESN’T HAVE TO BE BUILT ON SAND. Email us today Call us now Request more info One River Point brings Viñoly’s concept of architecture as performance dramatically to life. Two soaring symmetrical towers join in a stunning...
S. Fla. was among the top markets for home flipping in 2016
South Florida’s major cities rank high for its percentage of home sales in 2016 that were considered “flipped,” according to new research from Trulia. Fort Lauderdale is the top South Florida on the city on the list, with 8 percent of its home sales considered “flipped” in 2016, ranking the city No. 7 out of 100. Click Full Article...
Dow 20,000: The ‘Trump Bump’ And How It All Affects Real Estate
Investors soaring high on the “Trump bump” pushed the Dow Jones industrial average across the 20,000 threshold in the fastest thousand-point gain in the index’s history. Here’s how this milestone will impact the commercial property industry going forward. 1. Strong Real Estate Drivers Investor confidence in President Donald Trump’s anticipated...
Royal Caribbean sails to $1.28B profit in 2016
Royal Caribbean Cruises Ltd. posted record earnings in 2016, buoyed in part by higher ticket prices, increased onboard spending and cost savings, the cruise company said Thursday. The Miami-based cruise operator generated net income or profit of $1.28 billion or $5.93 a share, versus $665.8 million, or $3.02 a share in 2015. Revenue climbed to $8.5 billion in...