The Real Deal Miami

April 2015 Issues

Finding MiMo

Inside the deals shaping the retro-revival of Miami’s new hottest neighborhood

Just 20 years ago, the motels along Biscayne Boulevard were seen as havens for drug dealers and prostitutes to ply their trade. Now many of these structures make up the backbone of the Miami Modern Biscayne Boulevard Historic District, located between 50th and 77th streets along the boulevard. Here, this once blighted area is seeing a steady influx of trendy shops, good restaurants and new office space. Tony Ulloa, a … [more]

April 2015
The Real Deal magazine

What’s on tap for tech

South Florida firms vie for an edge with virtual reality and car-parking robots

As innovations like video chat, smart homes and even virtual reality increasingly infiltrate daily life, the South Florida real estate industry is embracing the trend, using technology to market, sell … [more]

Meier makes mark in Miami

Starchitect on preserving the
Surf Club and why work is
more fun than retirement

If all goes according to plan, über architect Richard Meier’s foray into the boisterous Miami Beach development scene should bear fruit just in time for the bustle of Art Basel … [more]

Palm Beach bounces back

Commercial sectors are getting a
boost from residential growth

Storefronts are filled with new tenants, office occupancy rates are rising and new buildings are under development as Palm Beach County’s commercial real estate sector bounces back from the brink, … [more]

EB-5’s future

South Florida attracts foreigners keen on these special visas, but the federal program will sunset in September

With 70 regional centers dedicated to the federal government’s EB-5 visa program, Florida has established itself as one of the fastest growing markets for foreigners seeking permanent U.S. residency through … [more]

In the genes

Nakash family’s real estate portfolio has expanded from denim to luxury properties such as the Versace mansion and the Setai — with a
flea market in their back pocket

Near the entrance to the Flea Market USA, a dilapidated food truck sells fried chicken, hot dogs, hamburgers and French fries to customers streaming in and out of the 215,000-square-foot … [more]

Spinning the city

Competition is fierce for South Florida’s top development marketing firms

Celebrity-studded, champagne-soaked parties, dog spas and private yacht parking — it’s all in a day’s work for South Florida’s development marketing firms. But it’s not all easy street out there. … [more]

Supporting the star

Major out-of-town architects rely
on South Florida colleagues for
crucial back-up

Sometimes it starts with mere squiggles on a piece of paper, a design architect’s embryonic glimpse of a prospective building. But it’s another architect — the nuts-and-bolts guy, the purveyor … [more]

Under-the-radar players

South Florida real estate
professionals are making a mark,
if not making headlines

South Florida has a wealth of prominent real estate developers and other industry professionals whose names frequently surface in headlines, and sometimes on buildings. Yet other, lesser-known names are also … [more]

From Russia — and elsewhere — with less love

Economic conditions worldwide are shifting how foreign capital flows
into South Florida

As the U.S. dollar continues to gain strength in a growing economy, the buying power of the primary foreign investors helping to fuel South Florida’s current boom … [more]

Betting big on China

South Florida looks to capitalize on China’s growing investment appetite

Shanjie Li wants wealthy Chinese entrepreneurs to discover South Florida and to buy condos, shop, dine and visit spas — all in developments of his own creation. Li is head … [more]

Commercial rally rolls on

Miami-Dade insiders — and the stats — say no bust in sight as vacancy
rates decline

All appears to be well in Miami-Dade’s commercial real estate world. Transactions involving trophy office buildings in downtown Miami and Brickell have been spurred by dropping vacancy rates and rising … [more]

Working alone, together

Shared office space companies gain ground—and competition—in South Florida

One of the largest leasing deals in Miami-Dade last year was for 37,700 square feet in a building on Miami Beach’s Lincoln Road. The lessee: WeWork. Founded in 2010, this … [more]

South Broward mixes it up

Multi-use projects proliferate as more developers follow home seekers north

There will be no wasting away when the Jimmy Buffett-themed Margaritaville Hollywood opens in Broward County this summer. In fact, the giant $147 million resort and convention facility will bring … [more]

Funding frenzy

How Miami’s major real estate projects lured capital from new sources this cycle

While some banks are taking a conservative approach when it comes to construction lending, investment and private equity funds are increasingly putting capital into projects to fill the gaps in … [more]

Celebrity wheelings & dealings

Where the stars of the screen, race track and basketball court are buying
and selling in South Florida

From race-car drivers to Hollywood A-listers, South Florida continues to play home — both permanent and temporary—to a vast array of celebrities. Luxury condominium projects such as … [more]

Inside EDITION

A unit-by-unit look at who’s buying what at Ian Schrager’s Miami Beach project

A top the Miami Beach EDITION, opened late last year by Marriott International in partnership with Ian Schrager, sit 25 ultra-luxury residences that have attracted a diverse pool of deep-pocketed buyers … [more]

Condo boom heads north

Shift comes as Miami-Dade projects see foreign buyers wield less purchasing power

As the tri-county region enters the fourth year of this current real estate cycle, the preconstruction condo boom that began in Miami-Dade in 2011 with a focus on international buyers … [more]

Sky’s the limit on land prices

Asking figures in close-in markets of Edgewater, Brickell and Wynwood hit new highs

Land-hungry developers from around the globe are buying up sites in Miami-Dade County for tens of millions of dollars per acre, spurring record sales. Among the sky-high prices: nearly $75 … [more]

TRD hears…

A look at the social side of
the real estate scene

We heard Gil Dezer turned 40 in March and celebrated with a barefoot beach bash behind Trump International Beach … [more]

Editor’s note

Are domestic buyers the new foreigners in South Florida? As The Real Deal’s growing South Florida editorial team examines the residential and commercial markets in Miami-Dade, Broward and Palm Beach, it … [more]