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 […]
Revival of Five Historic Miami Areas Put Under Microscope
It’s a great time for Miami as we witness some of our most historic neighborhoods undergoing a cultural and economic revival. Presented by CREW-Miami, association that provides a forum for professionals involved in the commercial real estate industry, panelists Carlos Fausto Miranda, Tony Cho, Martin Pinilla Shari Neissani, and Mitch Patel spoke about Allapattah, Little […]
Urban Revival: Emerging Miami Neighborhoods
Thrilled to be part of the this month’s panel discussion for Urban Revival! Join us as we discuss four of Miami’s most historic neighborhoods – Little Haiti, Little Havana, Wynwood and Little River – which are experiencing a cultural and economic revival that is drawing real estate investment and new developments. Moderator: Flavia Eternod, Associate […]
Allapattah — emerging neighborhood: ULI event
Many brokers and investors got a close-up look at Allapattah this past Friday on an Urban Land Institute-sponsored bus tour of Miami’s hottest new neighborhood. Leading the tour were Miami Historian Paul George, District 1 Miami Commissioner Willy Gort and Fausto Commercial’s own Carlos Fausto Miranda, which has brokered millions of dollars of deals […]
First Step Advances in Creating Historic District in Little Havana
This past Tuesday the City of Miami’s Historical and Environmental Preservation Board heard the Preservation Office’s Proposal for the preliminary evaluation of the Riverview Historic District.
Fausto provides Analysis on multi-family market in Miami, Miami Today, 11.6.2014
Fausto and other brokers discuss how the market for multi-family properties remains strong and vigorously trending up with more investors competing for increasingly scant deals Click Here to Read: More investors battling to acquire multi-family housing 11-6-2014
Momentum Increases for Parking Exemption, Miami Today 10.30.2014
A small building parking exemption for property owners is being considered by Miami Commissioners and Carlos Fausto Miranda is at the forefront supporting this change to help unleash the strengths and abilities of the city’s creative entrepreneurs. Click Here to Read: Miami Today 10-30-2014
Fausto quoted regards the state of Miami Multifamily Market, Miami Today 8.21.14
Click Here to Read: Miami Today 08-21-2014 – More Financiers Target multi-family properties