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Real estate to get its own stock category
NEW YORK – Sept. 2, 2016 – Real estate companies have been included in a category with banks and insurance firms since 1999 in stock markets across the globe. But that soon will change. Real estate is getting its own dedicated category. The Wall Street Journal reports that the move likely will prompt analysts to pay closer attention to real estate investment trusts. The Global Industry Classification Standard separates companies into 10 industries, like energy and health care. The groupings allow investors to follow broad trends. But the new...
read moreReal estate better than stocks, gold
NORWALK, Conn. – Sept. 6, 2016 – Despite recent gains in the stock market, Americans have more confidence investing in real estate. About a quarter of Americans surveyed said real estate was their top choice for long-term investing, according to a new national survey released by Bankrate. Consumers selected real estate as the top pick to invest money they wouldn’t need for more than 10 years, followed by cash investments (e.g. certificates of deposit and savings accounts). Then, coming in a distant third was the stock market....
read moreMiami’s Hottest Events in August
Don’t miss these Miami events in the month of August. August in Miami is sizzlin’ hot—featuring live music, Miami Spice and a list of events you won’t want to miss. Source: MiamiandBeaches.com Click FULL ARTICLE tab below here. Full Article Save Article Article Feedback Share Article
read moreCity of Coral Gables booming and transforming
Change is coming to Coral Gables, which has long been defined by a strict zoning code that has maintained founding father George Merrick’s vision of the City Beautiful. From the type of vehicles homeowners can park in their driveways to the type of terracotta roof tiles developers can use, Coral Gables meticulously governs the city’s aesthetics so that nearly every building is done in grand Mediterranean Revival architectural style, every residential block is lushly landscaped and swales are kept free and clear of clutter. The city’s refined...
read moreKnow, like and trust: The essence of networking – South Florida Business Journal
Unlike its stereotype, business networking is not based on hitting up every new person you meet with some line about how great your product or service is while slapping a business card into their hand and uttering clever one-liners such as, “let’s do lunch.” Click Full Article for more details. Full Article Save Article Article Feedback Share Article
read moreCarnival Corp. extends deal with Port Everglades to 2030 – South Florida Business Journal
Carnival Corp. & plc has extended an agreement with Port Everglades that includes preferential use of its multiple terminals until 2030. The agreement makes the Miami company a priority when it comes to five terminals at the port, including Port Everglades’ newly renovated Cruise Terminal 4, which recently received $24 million in upgrades. The extension pertains to the 15-year agreement Carnival Corp. reached with county commissioners in 2010. As part of the original agreement, the port underwent a $54 million renovation project to...
read moreMiami-Dade MPO gives Beach Corridor project Priority 1 status – Miami Today
The Beach Corridor project, which aims to connect Miami to Miami Beach with public transit, is quickly moving forward, despite the latter city’s controversial decision to explore a locally funded initiative on its side of Biscayne Bay. The Miami-Dade Metropolitan Planning Organization (MPO) voted unanimously July 21 to make the Beach Corridor a Priority 1 project, which means it joins the other five corridors of the Strategic Miami Area Rapid Transit plan as a front-burner item. “Let me say that we have truly reached a major step in moving...
read moreIf Miami neighborhoods went through the Sorting Hat » The New Tropic
J.K. Rowling’s newest book, Harry Potter & The Cursed Child Part I & II, comes out at midnight on July 31. WE’RE SO EXCITED. We thought we’d never see Harry again after he graduated from Hogwarts.To celebrate, we decided to sort Miami’s neighborhoods into their proper Hogwarts houses. There was just one problem: we didn’t have a sorting hat. So we asked you, Miami, to sort the neighborhoods for us. Click FULL ARTICLE below. Full Article Save Article Article Feedback Share Article
read moreFlorida welcomes 57.4M visitors in first-half 2016 – Record number of visitors in first six months
The first six months of this year were ones for the record books, as Florida welcomed 57.4 million visitors — the highest number in that time span in state history. The record numbers represent a 4.3 percent increase over the year. In the second quarter alone, 27.3 million visitors came to the state, an increase of 3.1 percent over the year. “The Florida tourism industry has a tremendous amount of momentum because every month we have millions of new visitors who are experiencing the best tourism product on earth and returning home to share...
read moreFlorida is benefiting from California’s tax, regulatory policies causing businesses to flee – South Florida Business Journal
California’s tax and regulatory policies have made the cost of doing business more expensive than other states and prompted about 10,000 companies over the last eight years to leave the state or shift or curtail operations to reduce costs, according to a report from Spectrum Location Solutions. Florida is one of the states benefitting the most. The Irvine-based company, which helps companies find places to locate their operations, issued a report titled “ California Business Departures: An Eight-Year Review 2008-2015,” which provides details...
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