America’s Progressive Developers, Miami Edition: Carlos Fausto Miranda And Andrew Frey
[This is Part 1 in an ongoing monthly series profiling America’s Progressive Developers.] Miami, FL — In July of 2017, I announced the beginning of a Forbes series called America’s Progressive Developers, documenting the different forward-thinking builders I met while traveling cross-country. The initial two that I’m profiling—Carlos Fausto Miranda and Andrew Frey—are fitting first choices. They are […]
Why Obsolete Warehouses on the ‘Last Mile’ Are Attracting Institutional Investors
Every $1 billion in e-commerce sales requires 1.25 million sq. ft. of distribution space, said Scott Marshall, executive managing director of advisory and transaction services | investor leasing with CBRE, during a meeting of the Chicago chapter of NAIOP earlier this year. He noted that with e-commerce sales poised to grow by more than 10 percent […]
Rising Sea Levels May Add to Developers’ Interest in Miami’s Inland Areas
Real estate speculation in lower-cost, higher-elevation areas of inland Miami may draw fuel from sea-level rise, according to an article published by Scientific American. Hugh Gladwin, an anthropologist at Florida International University, is starting to see evidence that sea-level rise already is playing a role in real estate speculation on Miami’s inland. Little Haiti, for example, has […]
Commercial investors, developers scour Little Havana for hot deals
In Little Havana, a popular restaurant that once hosted the late President Ronald Reagan for a Cuban coffee visit will soon become a retail and parking project. Nearby, developer J. Milton plans a new apartment complex as rents rise. These developments and more, reinforced by the launch of the new rental project InTown, mark continued […]
Carlos Fausto quoted in The Real Deal’s “The Next Wynwood? Allapattah is Miami’s new hot “hood.”
Lyle Stern had his “aha” moment on a quiet Saturday afternoon last year when he visited Miami’s Allapattah neighborhood with his 11-year-old daughter. Stern, the president of Koniver Stern Group — a leading retail leasing and consulting group based in Miami Beach — took his daughter to a bodega for a $2 fresh fruit shake […]
REAAC Allapattah Property Bus Tour & Discussion
JOIN FIU’S REAL ESTATE ALUMNI COUNCIL FOR A GUIDED BUS TOUR OF THE ALLAPATTAH NEIGHBORHOOD OF MIAMI! It’s a great time for this city to reimagine this historic and thriving up-and-coming neighborhood. Registration & Ticket Information here.
The Neighborhood Boom: Allapattah’s Diversity Key To Its Fast-Pace Growth
ALLAPATTAH (CBSMiami) – It’s a colorful neighborhood – flowers, fruit, food. Allapattah is known for its big produce market and blocks of discount clothing outlets. It is sometimes called Little Santo Domingo because of its large Dominican community. The Caribbean country’s culture is evident everywhere. It’s also smack in the middle of everything. It […]
LOCALS HELP PUSH LITTLE HAVANA FORWARD
Little Havana is no longer a string of run-down buildings and cigar shops, Cuban restaurants and botánicas. It has managed to draw a host of new businesses by young entrepreneurs — particularly in food and drink — without losing the historical look and feel that gives it its identity and draws tourists by the literal […]
Crafting Better Communities in the Spirit of Collaboration
How do we craft better communities? Join a team of FAU students, professors, the Mayor, and others as we explore how to bridge the gap from the theoretical to the actual work of developing buildings that add to the vibrancy and dynamism of our urban core communities; while encouraging integration over gentrification, and encouraging […]
Miami’s Treasures: Miami Modern Architecture
The Union Planters bank by Francis Hoffman located on Normandy Drive is a prime example of MiMo architecture. Miami Modern Architecture (MiMo) is a regional style of architecture that developed in South Florida during the post-war period. The style was internationally recognized as a regionalist response to the International Style. The style can be most […]
5 COMMERCIAL REAL ESTATE TRENDS TO WATCH IN 2017
This year held some surprises that could have an impact on commercial real estate, and the economy as a whole, in 2017. Here’s a glance at five commercial real estate trends to keep an eye on in the coming year. Non-bank lending CMBS lending has eased down this year, even as 10-year CMBS loans […]
