June 2019 Issue

Russell Galbut: "A pit bull who hasn’t eaten in a month"

How Crescent Heights developer Russell Galbut plans to remake South Florida

When Miamians and tourists drive eastbound on the MacArthur Causeway, past Star, Palm and Hibiscus islands, past the cruise ships with passengers waving as they exit the port, the first building that’ll catch their eye will be a veritable skyscraper. A 44-story, 519-foot-tall luxury residential building dubbed Park on Fifth is set to rise at 500 Alton Road, right at the entrance to South Beach. The project on the site … [more]

Resi brokers are making hay in Wellington

The wealthy enclave is home to the who’s who of power players that have equestrians in the family

In a tony enclave in Palm Beach County, streets have names like Appaloosa Trail and Equine Lane, signs demand that horses have the right of way, and … [more]

Gil Dezer takes us inside his Trump shrine

The developer behind Residences by Armani/Casa on his firm’s project pipeline, settling arguments with toy tanks and spritzing with Donald Trump: The Fragrance

Ride the elevator along with swimsuit-clad hotel guests to the 31st floor of Trump International Beach Resort … [more]

Miami brokers review the proptech they actually use

It’s the hottest thing around for investors, but which proptech products are actually helping the people making deals? Local professionals discuss the savvy software they’re using

The lobby of the Coral Gables … [more]

Why so many investors are eager to buy up local trailer parks

REITs and developers following in the footsteps of Sam Zell’s Equity LifeStyle Properties are eager to acquire mobile home parks for their reliable income and development possibilities

When Sam Zell’s Equity LifeStyle Properties snatched up a Davie mobile … [more]

The top multifamily developers in South Florida, ranked

The multifamily developers with the most units in the pipeline bet on South Florida’s continued growth, but so much new supply threatens to limit rent growth

South Florida like Midtown Miami, Wynwood, Coral Gables and … [more]

What the future of Wynwood's retail scene looks like

Retail vacancies abound in Wynwood as it evolves into a resi-heavy ’hood, leaving insiders wondering if it’ll become the next Lincoln Road or something far less glamorous

As Wynwood blossomed into one of Miami’s hottest spots to visit in recent … [more]

One developer's wild plan to lure EB-5 investors to a project using Celine Dion as bait

The planned $91M hotel-condo project has been a case study in EB-5 fraud, leaving investors in the lurch and an unfinished building in its wake

When Chinese, Iranian and … [more]

Why local nonbank lenders trounced traditional banks in mortgage lending

Nonbanks are filling a void in lending to low-income borrowers, but what could happen in a downturn?

Something about this moment seems all too familiar. Prior to the financial crisis, small mortgage companies were lending to thousands of homeowners … [more]

Can eXp surge
in South Florida?

The virtual brokerage is gaining traction nationally, but some say it could have a tough time unseating the brokerage stalwarts

In 2015, eXp Realty CEO Glenn Sanford boarded a 43-foot motor coach and set off from Bellingham, Washington, … [more]

The biggest recent deals in South Florida's Opportunity Zones

Some of South Florida’s biggest commercial trades in the last six months lay within the federally designated Opportunity Zones

It’s one of the hottest topics of the commercial real estate world, and in South Florida, Opportunity Zones have inspired investors to put their money … [more]

Arquitectronica co-founder Laurinda Spear on being the only women in the room

The Arquitectonica co-founder on the challenges of landscape architecture and why business travel is highly overrated.

Though she has largely remained out of the spotlight, Laurinda Spear has been a driving force in both architecture and landscape architecture for decades as … [more]

Tenacious G

You must be made of tough stuff to get a building off the ground in South Florida. Maybe even canine stuff. Such is the character of this issue’s cover subject, … [more]