PortMiami’s economic impact reaches far beyond South Florida, a recently released study shows. Port officials tapped Martin Associates, a consulting firm, to conduct an economic impact study as the port undergoes significant improvements and adds more space for cargo and cruise ships. It shows the port is a major income generator and creates more than $1...

The Trump administration has boosted confidence in the nation’s commercial real estate sector, according to an Akerman survey. Over half of the 200 investors and lenders surveyed by the Miami-based law firm said they feel optimistic about the future of commercial real estate in 2017 compared with only 38 percent last year. Results are in: Confidence is...

Gridics, the provider of a collaborative search tool for real estate agents and their clients, has clinched $1.1 million in a seed funding round, and has unveiled a new application designed to streamline the development planning and approval process. The Miami-based startup wants to combine disparate real estate data into software that helps users make better...

PortMiami, which was dredged to 50 feet last year in anticipation of a widened Panama Canal, can now welcome up to six Post-Panamax vessels a week, which has translated into an uptick in the port’s cargo business side of operations. Asian service and volumes rose 11% in 2016 alone, said Assistant Port Director Kevin Lynskey. The composition of Asian cargo...

CHICAGO – April 18, 2017 – Millennials often get all the attention, but members of Generation X are really the ones driving the housing market lately. Gen Xers – adults between the ages of 37 and 51 – make up the second largest share of home buyers, comprising 28 percent in 2016, according to data from the National Association of Realtors® (NAR). They’re...

The much-discussed Downtown Miami convention center hotel planned for the old Miami Arena site (700 North Miami Avenue) inches closer to life, with MDM Group reportedly under contract to acquire the property for $44.5 million with the deal expected to close by the end of March, according to The Next Miami. New plans were filed under the “Marriott Marquis Miami...