The Real Deal Miami

September 2017 Issue

Rebuilding after Irma

Billions of dollars in destruction will amount to a challenging recovery effort, but without post-Andrew regulations,
it would have been far worse

Hurricane Irma has moved on. The winds have died down. The waters have receded. The lights are back on. Barreling through the Caribbean as a Category 5 monster — resulting in 42 storm-related deaths — Irma also knocked out power for millions and did billions of dollars’ worth of damage to Florida on September 10. Just one week after the hurricane’s rampage through the state, storm-related insurance claims filed had … [more]

Does eco-friendly building pay off for developers?

For commercial projects, it’s a no-brainer; for residential, the math often doesn’t add up

If there was ever a time to evaluate the benefits of eco-building, it would be now. … [more]

So long to the salad days

TRD’s ranking of the most expensive new development condo sales this cycle shows peak prices in 2017

The current state of luxury condo development in South Florida is perhaps best illustrated by the trajectory of H3 Hollywood. The development was planned as a 15-story, 247-unit … [more]

The shoppers are coming

Brokers say the shifting demographics of a growing population help make the case for prospective retail tenants to sign on the dotted line

In pitching new retailers on why they need to open a location at Downtown Dadeland, Continental Real Estate Companies’ (CREC) Vice President Rafael Romero … [more]

Leasing Las Olas

In December of last year, Las Olas Companies, Barron Real Estate and Hudson Capital Group — the three major commercial property owners on Las Olas Boulevard — hired retail leasing guru Michael Comras to help them revitalize a four-block stretch of what is arguably downtown Fort Lauderdale’s most important … [more]

All in the multifamily

TRD’s ranking of the priciest rental building sales shows investors are bullish
on the asset class

After a recent lull, multifamily investment sales rebounded with a vengeance in the second quarter of 2017, signaling that institutional buyers have renewed confidence in class A apartments. … [more]

Ranking the top resi firms
in SoFla

Brokerages with the highest sales volumes say they’re armed to the teeth with market data and premium services that give them a competitive edge

What does it mean to go “above and beyond” to close a sale? … [more]

Inside a brokerage acquisition

The biggest brokerages in the region keep snapping up smaller firms — here’s how they do it

South Florida’s residential brokerage giants have been on a spending spree. While the market was grinding to a halt, firms like One Sotheby’s International Realty and Keyes Company were focusing … [more]

Scoring the social media accounts of the biggest homesellers

Residential real estate’s brokerages have wildly varying approaches to their feeds, but it’s largely the individual broker accounts that garner the “likes”

Which brokerage is winning at … [more]

The making of Masoud Shojaee’s empire

The founder of Shoma Group, the builder of over 10,000 homes, sounds off on the changing landscape of development in South Florida ... and his favorite clothiers

It may be hard to believe that the man who today oversees a vast empire … [more]

Miami-Dade:
Working overtime

The suburban submarkets are seeing lower office vacancy rates than their inner-city counterparts, but preleasing downtown is an auspicious sign for new urban inventory

After a long post-recession pause, office development has been revived … [more]

Little Havana’s big evolution?

The neighborhood is drawing increasing interest from developers, but zoning laws are staving off a full-on building boom

Little Havana has a special place in the hearts of Bill Fuller and Martin Pinilla. The two are the co-founders of the Barlington Group, a company that invests in real … [more]

West Broward’s projects near completion

More jobs are increasingly driving builders to the county’s satellite cities

While Miami, Fort Lauderdale and West Palm Beach have all enjoyed their days in the development spotlight in recent years, the municipalities in West Broward are increasingly getting their star … [more]

The condos cometh

Proposed, planned, under construction and newly completed projects in the tri-county region

Condo developers have been markedly quieter these days, holding off on any new launches as the supply of preconstruction condos slowly gets absorbed in South Florida. … [more]

Planes, frames and automobiles

Miami’s real estate elite know how to live well — spending their cash on yachts, art, luxury estates and more

When it comes to partying, Miami gives Vegas a real run for its money. And when it comes to showing off wealth … [more]

The Closing: Moishe Mana

Moishe Mana, the developer and philanthropist who began his multimillion-dollar empire with just a borrowed van — founding Moishe’s Moving in New York City in the early 1980s — is … [more]

Editor's note: Picking up the pieces

As Floridians dig themselves out of the devastation Hurricane Irma wrought in early September, insurance firms estimate damage in the tens of billions of dollars. The storm was stunning proof … [more]