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Market Updates

Vacation Home Sales: Sales Down, Prices Up

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The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market. The survey…

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Why Money Is Getting Tighter For MIA Multifamily

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Source: biznow.com For one towering multifamily project to get the money to break ground, it took friends in high places. And for many developers in 2016, that’s what it’s going to take.   Houston-based Morgan recently received a construction loan…

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Hallandale Beach CVS Sells for $16M

CVS-Pharmacy

Source: therealdeal.com A newly completed CVS Pharmacy in Hallandale Beach sold to New York-based Trio Investments for $16 million.  Broward County records show an affiliate of SunTrust Equity Funding sold the 15,551-square-foot store at 2101 East Hallandale Beach Boulevard for a…

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First look: Muse Sunny Isles penthouse asks $18.5M

  • Living-room
  • Kitchen-and-dining
  • Balcony
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  • Bathroom

Source: therealdeal.com By: Katherine Kallergis A full-story penthouse at Muse Residences in Sunny Isles Beach is on the market for $18.5 million, or a whopping $5,089 per square foot. The Real Deal got an inside look at the 3,635-square-foot penthouse, which…

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This is Why Millennials are Buying in Urban Areas

concept image of make your a house

Source: miamiagentmagazine.com By: James Bellandi Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the 2000-to-2010 decade is…

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