The Real Deal Miami

December 2018 Issue

(Over)supply and demand

With a market overstocked with apartments, can Miami’s condo investors keep paying the rent?

Tour the Panorama Tower overlooking Biscayne Bay, with its “porte cochere,” poolside cafe, wine tasting rooms, pet spa and home theaters, and you might think that you’re sampling Miami’s latest glitzy condominium offering. Rising nearly 900 feet, Florida East Coast Realty’s project is the tallest building in the state. But unlike many of the other towers that dot Brickell, the Hollo family’s development firm decided to build rentals. It even … [more]

Digging into design

As the development cycle winds down, architectural experts weigh the form and function of some of South Florida’s most ambitious projects of the past few years

In the last cycle, the Miami-Fort Lauderdale real estate market has given rise to audacious and groundbreaking … [more]

Grading Mr. Mayor

Over his first year in office, Francis Suarez modernized Miami’s permitting process and crafted new developer incentives for affordable housing, but he faces doubts over his failed “strong mayor” referendum and the Beckham stadium deal

Flying solo

Why some residential broker-owners are holding onto their boutique brokerages amid a frenzy of acquisitions — and why others can’t

About every six months, Gary Hennes gets a call he’s come to expect. The owner of Gary Hennes Realtors said he has … [more]

Brokerage hopping

A TRD analysis of the turnover at South Florida’s top residential firms reveals a host of divergent philosophies when it comes to brokerage growth and recruitment

“It’s an easy entry business and therefore an easy exit business,” Mike Pappas, CEO and president of The Keyes Company … [more]

The co-working conundrum

As the flexible office space market soars in Miami-Dade, observers warn that the region doesn’t attract the blue-chip clients that are increasingly bolstering co-working firms nationwide

Eight years after launching one of the first co-working spaces in Miami-Dade, … [more]

Filling up Flagler Village

The area just north of downtown Fort Lauderdale has been a magnet for new apartment developers, but an incoming flood of units could put downward pressure on prices

Apartment construction is still booming in downtown Fort Lauderdale, but … [more]

Battle for the board

Fresh off a dispute between warring factions within the membership, the Miami Design Preservation League preps for Art Deco Week while RE insiders call for reform

Miami Design Preservation League have fought to protect buildings … [more]

The Boca buzz

A wave of condo development and a changing buyer demographic is heating up competition among brokerages in Boca Raton, but some doubt there’s much room for price growth

After eight years without any luxury development in Boca Raton, … [more]

Mega moves in multifamily

The condo pipeline may be drying up, but there’s more than 51,000 rental units in the works for South Florida

While condo developers have long reigned as the kings of South Florida’s development world, new-apartment developers are starting to pose a challenge … [more]

The Closing:
Lissette Calderon

Though developer Lissette Calderon has done two stints at the Related Group, where she recently served as the first female president of international and strategic projects, she says her passion … [more]

Editor's note:
The condo crunch

Like last season’s must-have items still languishing on a store’s shelves, South Florida’s oversupply of condos haunts a market filled with players eager to move on to the next big … [more]