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MIAMI — As it meandered through downtown, the Miami River was for years a slovenly mess, its shores lined with small, scrappy shipyards, bait-and-tackle shops and low-rent marinas with rotting piers. When decrepit vessels sank, they were often left where they lay, hulls protruding from the oily water. On the river, just over five miles long and formed eons ago...
A report from Beauchamp Estates, in association with Leslie J Garfield & Co, finds that foreign investment into the US luxury residential real estate market has jumped to a new GBP5.78 billion (USD7.48 billion) high with Miami, Manhattan and Los Angeles as the key locations. Entitled ‘US Ultra Prime Real Estate’ the new report focuses on Manhattan, Los...
A surprise package arrived Thursday morning. Amazon has announced its shortlist of 20 proposals for its $5 billion second headquarters, with New York, Miami and Los Angeles all making the cut. There were 238 proposals from around the U.S., Canada, and Mexico for HQ2, although all 20 finalists are American, except for Toronto, Ontario. In the Miami area,...
From Washington state to Miami, real estate property is being purchased in increasing numbers from overseas buyers with money in a strong but slowing global economy. Wealth Migrate marketplace expects investments to expand in 2018. The KPMG FinTech 50 company is branching out its international operations “driven by investor demand,” it says. Wealth...
Miami’s Major League Soccer stadium may finally become a reality. David Beckham is ready to close on the 3 acres of Miami-Dade County-owned land needed to build the stadium, and he now has an investor to pay for it, the Miami Herald reported. While the county has been ready to negotiate a deal for the Overtown land, Beckham held off, until Los Angeles Dodgers...
Miami-Dade County home buyers were more active than ever in March, and brokers say it’s due to a pattern of price adjustments. About 1,280 single-family homes traded that month, a 9 percent increase from the previous record of 1,168 in March 2016, the Miami Association of Realtors reported. Click HERE to read more.
