The Real Deal Miami

Posts Tagged ‘condo vultures’

  • Regalia condo tower tops $100 million in sales

    13 of Sunny Isles Beach project’s 39 units sold since closings began in May
    July 22, 2014 12:00PM
    Regalia in Sunny Isles Beach (inset: Peter Zalewski)

    Regalia in Sunny Isles Beach (inset: Peter Zalewski)

    The new Regalia oceanfront condo tower in Sunny Isles Beach has surpassed $100 million in sales since opening some 60 days ago. [more]

    Comments
  • Developer Gil Dezer bets investors share his brand loyalty

    Peter Zalewski tackles reader questions and opinions about the SoFla market
    July 18, 2014 03:45PM
    Peter Zalewski

    Peter Zalewski

    Peter Zalewski is a real estate market consultant, non-practicing licensed real estate broker and columnist for The Real Deal who now answers reader questions about the South Florida real estate market in a new weekly Friday column. Questions and comments can be sent to southfloridanews@therealdeal.com. The TRD editors will choose which submissions will be addressed.

    Question: What value does developer Gil Dezer add to his condo projects by partnering with internationally known brands such as Porsche and Armani? Will other developers follow suit in incorporating brands into their condo projects in Sunny Isles Beach and South Florida? [more]

    2 Comments
  • 60th new condo tower proposed for Greater Downtown Miami

    Developers on pace to equal amount of units created during last decade’s construction boom
    July 15, 2014 03:00PM
    Canvas rendering (inset: Peter Zalewski)

    Canvas rendering (inset: Peter Zalewski)

    Developers in Greater Downtown Miami are on pace to ultimately build as many new towers and units in this South Florida condo boom as they did during the last cycle. [more]

    2 Comments
  • South Florida’s active listings increase for the week

    Pending sales continue to drop in tri-county area, however
    July 15, 2014 09:45AM
    South Florida housing inventory (Credit: Condo Vultures)

    South Florida housing inventory (Credit: Condo Vultures)

    Active listings for housing inventory in the South Florida region increased last week to 41,861, according to weekly data from Condo Vultures. [more]

    Comments
  • Downtown Miami’s new condo market faces greatest “risk of over-saturation”

    Peter Zalewski tackles reader questions and opinions about the SoFla market
    July 11, 2014 12:00PM
    Peter Zalewski

    Peter Zalewski

    Peter Zalewski is a real estate market consultant, non-practicing licensed real estate broker and columnist for The Real Deal who now answers reader questions about the South Florida real estate market in a new weekly Friday column. Questions and comments can be sent to southfloridanews@therealdeal.com. The TRD editors will choose which submissions will be addressed.

    Question: It has been a while since you have written about the preconstruction condo market in the South Miami Avenue corridor of the Brickell Avenue Area in Greater Downtown Miami. What’s the latest with the preconstruction pipeline on South Miami Avenue? Do you still see South Miami Avenue as being at risk of over-saturation?
    [more]

    Comments
  • Bay Harbor Islands poised for even more new condo projects

    Miami company picks up three potential redevelopment properties for $5.2M
    July 01, 2014 01:30PM
    Bay Harbor Islands (inset: Peter Zalewski)

    Bay Harbor Islands (inset: Peter Zalewski)

    A Brickell-based investment group purchased a trio of prospective residential development sites in the Town of Bay Harbor Islands, where condo builders have already announced 20 new projects totaling 725 units.

    The Miami company called 9770 E Bay Harbor Properties LLC, with managers Herve Barbera and Nathaniel Fraiberger, paid nearly $5.2 million – an average of $86 per square foot – for three lots with a combined 60,000 square feet of land at the intersection of 98th Street and East Bay Harbor Drive on June 20, according to Miami-Dade County and Florida Division of Corporation records. [more]

    1 Comment
  • South Florida foreclosures keep dropping

    Latest Condo Vultures report shows declines throughout tri-county area
    July 01, 2014 09:45AM
    Latest foreclosure report from Condo Vultures

    Latest foreclosure report from Condo Vultures

    South Florida foreclosures continued to decline last month, according to the latest report from Condo Vultures. [more]

    Comments
  • Concerns raised about land speculation in Downtown Miami

    Peter Zalewski tackles reader questions and opinions about the SoFla market
    June 27, 2014 03:00PM
    Peter Zalewski

    Peter Zalewski

    Peter Zalewski is a real estate market consultant, non-practicing licensed real estate broker and columnist for The Real Deal who now answers reader questions about the South Florida real estate market in a new weekly Friday column. Questions and comments can be sent to southfloridanews@therealdeal.com. The TRD editors will choose which submissions will be addressed.

    Question: Of the high-profile vacant development sites being marketed in Greater Downtown Miami (the Epic East parcel, the Midtown Miami site, etc.), which one has the highest probability of succeeding as a high-rise condo? Will whomever ends up with these properties be too late in the cycle whenever they get around to starting construction?
    [more]

    Comments
  • South Florida’s active listings increase for the week

    Pending sales drop in tri-county area, however
    June 25, 2014 11:15AM
    South Florida housing inventory (Credit: Condo Vultures)

    South Florida housing inventory (Credit: Condo Vultures)

    Active listings for housing inventory in the South Florida region increased last week to 41,724, according to weekly data from Condo Vultures. [more]

    Comments
  • Downtown Fort Lauderdale’s uninspiring condo sector

    Peter Zalewski tackles reader questions and opinions about the SoFla market
    June 13, 2014 02:15PM
    Peter Zalewski

    Peter Zalewski

    Peter Zalewski is a real estate market consultant, non-practicing licensed real estate broker and columnist for The Real Deal who now answers reader questions about the South Florida real estate market in a new Friday column. Questions and comments can be sent to southfloridanews@therealdeal.com. The TRD editors will choose which submissions will be addressed.

    Question: What is it going to take for Fort Lauderdale to have a similar appeal for condo buyers as Miami?

    The distance between Downtown Fort Lauderdale and Greater Downtown Miami might be less than 30 miles – about a one-hour commute on I-95 during rush hour – but the difference in the respective condo markets is dramatic. [more]

    Comments
MENU