South Florida’s Appeal Reaches International Levels
by Sep Niakan | April 04, 2014
Residential and commercial real estate markets in South Florida are popular with international investors, as well as homeowners who want to get close to the downtown cores.
The third annual University of Miami Real Estate Impact Conference held about 200 people, and included a keynote session from Starwood Capital Group CEO, Barry Sternlicht, and was moderated by UM President Donna E. Shalala. Sternlicht noted hotel room rates in Miami, plus the local occupancy rates, in addition to the extremely popular events, such as the Miami International Boat Show and the South Beach Wine and Food Festival, made Miami a popular place to visit and live.
Sternlicht said that Florida’s lack of income tax brings in companies and successful individuals to reside. “Everyone wants to come here,” he said. “Also, you have really low taxes.” The generation of baby boomers are coming to Miami because of the low state taxes. Sometimes even those who are not as successful.
Miami is reaching international levels, due to its low tax rates, its booming social scene, and its prestige for being one of the best places to live.
by Sep Niakan | September 27, 2016
Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...
by Sep Niakan | September 26, 2016
Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...
by Sep Niakan | September 23, 2016
The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...