The Real Deal Miami

November 2012 Issues

The LeBron effect

I moved to Miami — Coral Gables, to be exact — in the summer of 2008. I was the second tenant to move in to my condominium near the University of Miami (the other had, in an ill-timed move, just purchased her unit) I would remain the only other tenant for some time. Downtown Miami was full of brand-new buildings with no lights on at night. Brickell, the Business District, … [more]

Southern exposure

Miami lures New York real estate’s players; trend echoes brokerage expansions to Palm Beach a decade ago

It all began two years ago when Douglas Elliman broker Jacky Teplitzky, a native of Chile, was speaking to one of her Brazilian clients who wanted to buy a property … [more]

The Next Wave

More than 70 condo towers are in the works for South Florida

Boldly taking on the looming possibility of a bubble, developers are dotting the map with a whole new set of South Florida towers — rising in the shadow of condominium … [more]

Dishing with the Donald

While Donald Trump made his name (and fortune) in and around New York City, he has had a longtime presence in South Florida — from the Mar-a-Lago Club in Palm … [more]

Wynwood: Soho South

The artsy, pedestrian-friendly district is attracting cafes and hip retail, but challenges remain as the industrial neighborhood evolves

It’s an edgy area, full of art galleries, well-worn loft spaces and a few intrepid retail tenants — an Italian restaurant, an indoor-outdoor tavern and a few coffee shops. It … [more]

Palm Beach’s priciest pads

A look at the biggest deals this year, and the brokers behind them

In the spring of 2008, Donald Trump managed to sell his home in Palm Beach for $100 million to Russian tycoon Dmitry Rybolovlev. But months later, the market crash and … [more]

Indian Creek dominates Miami’s top sales

Sotheby’s, Coldwell Banker notch big presence of list of priciest home purchases

The oral history of Miami’s residential boom over the past two years should be told in Spanish or Portuguese. Buyers from Colombia, Venezuela, Argentina and, of course, Brazil have taken … [more]

The biggest buys in Broward

Premier Estate Properties leads the way on top deals list

As Miami’s condo market experienced unprecedented gains during the past two years, demand for real estate, particularly high-end real estate, has moved to the north, through Miami-Dade County all the … [more]

How Latin America saved Miami

Large up-front deposits increasingly common among South American purchasers

Related Group CEO Jorge Perez last year told The Real Deal that Latin America “saved” Miami. He wasn’t kidding. The transformation of Miami’s residential (and particularly condominium) sector since the … [more]

Office, retail markets on road to recovery

After tough stretch, big-box retailers make a comeback in Miami

While Miami’s residential market has experienced fast-paced growth during the past two years, the local office and retail market have had a slower go of it. The former saw a … [more]

What’s inn fashion

Downtown and Brickell hotel projects now rival Miami Beach stalwarts

As the greater Miami condominium market sees an unprecedented sales spree, the area’s hotel sector has experienced similar gains. And it’s not just the traditional vacation destination of Miami Beach … [more]

Off-market deals drive Palm Beach’s high-end

Brown Harris Stevens’s honcho Ava Van de Water weighs in on what’s ahead for 2013

Ava Van de Water is executive vice president and broker at Brown Harris Stevens of Palm Beach, overseeing the firm’s 50 agents there. BHS is one of a select few … [more]

South of Fifth prices head north

After record deals, high-floor units in short supply on South Beach’s southern tip

After more than three years of stagnation, December 2011 brought a shock wave to the Miami real estate market: A 5,803-square-foot penthouse unit at the Setai South Beach had sold … [more]