Posts filed under "Blog"
Downtown Miami Investors Focus On Land Deals
MIAMI HERALD Posted on Sun, Aug. 21, 2011 By PETER ZALEWSKI Developable land suitable for future condominium towers has replaced blocks of units in troubled projects as the primary focus for large investors searching for distressed deals in the Greater Downtown Miami market. Investment groups have intensified their efforts in 2011 to purchase developable [...]
Port of Miami rail project expected to boost trade
Port of Miami rail project expected to boost trade – MIAMI HERALD The rail project is part of a massive port renovation to help Miami attract megaships that will begin crossing the Panama Canal after its expansion is completed in 2014. BY MIMI WHITEFIELD Construction has began on a nearly $50-million rail project at the [...]
Latinos, first-time buyers key to recovery
WASHINGTON – June 16, 2011 – The National Association of Hispanic Real Estate Professionals (NAHREP) published a report “The State of Hispanic Homeownership,” that offers data on the Hispanic homebuyer market and why it is poised, due to its population size, high desire and buying clout, to drive first-time homebuyer purchases and accelerate the nation’s [...]
Herald land sold for $236 million
Asia’s third largest casino company paid $236 million for 13.9 acres of waterfront land owned by The Miami Herald, a landmark deal that would remake the northern edge of downtown Miami. Genting Malaysia Berhad closed on the all-cash deal Friday with the McClatchy Co., The Herald’s parent company. Genting executives said they would spend $2 [...]