San Jose Island, Pearl Islands, Panama

I first visited breathtakingly beautiful San Jose Island was two years ago. After arriving at the Tocumen airport in Panama City, less than a three hour flight from Miami, I jumped on an Air Panama flight for the short 20 minute flight to the island. As we were flying over the Gulf of Panama, I […]

Commercial Real Estate, Investment Real Estate
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Commercial Real Estate: Vacancy Rates Expected to Decline

According to NAR an improvement in the economy, coupled with an increase of liquidity in Commercial Mortgage Backed Securities, is projected to decrease current vacancy rates across the commercial sectors. Although these are positive indications that the commercial sector didn’t fall as far or for as long as the residential market, it is still a […]

Buying, Commercial Real Estate
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"Economists Bullish On Miami"

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

Buying, Commercial Real Estate, Investment Real Estate
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“Economists Bullish On Miami”

In case you missed my posts on the projected economic improvement of South Florida and Miami-Dade in particular, read today’s front page Miami Herald article, Forecast calls for robust rebound in Dade. Previous posts I have written include a lot more detail if you want to read more: Commercial Real Estate Starting To Pick Up […]

Buying, Commercial Real Estate, Investment Real Estate
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Commercial Real Estate Starting to Pick Up

The recent up-tick in consumer spending has resulted in an increase in demand for retail space.  Since the multi-family and office had been showing improvement, this is a good sign the economy is starting to pick up. On a local level, Miami Today reported  the following increases in November: Total taxable sales are up 7.5% […]

Commercial Real Estate
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Still Doubt An Economic Recovery Is Taking Place In Miami?

There was so much good news about economic activity in the Miami Today, today that I had to share some of the ones that popped out at me.  In addition to the one about all of the economic growth numbers from November (see tomorrow’s post), the following things jumped out at me as a good […]

Commercial Real Estate, Foreclosures, Market Summary, Neighborhood News
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Rental Property Owners Must Issue 1099's

The Small Business Jobs Act that passed Congress last year requires all property owners that rent out properties to file a 1099 for each vendor who does $600 or more in work.  Even if you only rent out a single property, you must collect the following for each vendor: name address Social Security or Federal […]

Commercial Real Estate, Investment Real Estate
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Rental Property Owners Must Issue 1099’s

The Small Business Jobs Act that passed Congress last year requires all property owners that rent out properties to file a 1099 for each vendor who does $600 or more in work.  Even if you only rent out a single property, you must collect the following for each vendor: name address Social Security or Federal […]

Commercial Real Estate, Investment Real Estate
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Miami Real Estate – If You Are Looking To Invest, Miami Is Top Choice

According to Mark Vitner, an economist for Wells Fargo, Miami is his top choice of a market poised for economic growth.  How can that be?  We have one of the highest unemployment, foreclosure and number of underwater homes in the country.  However, Vitner stated that Miami is currently posting some of the highest taxable sales […]

Buying, Commercial Real Estate, Investment Real Estate
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Miami Real Estate – How Will Panama Canal's Expansion Effect It?

The Panama Canal is undergoing a massive expansion to allow bigger vessels to pass through.  Since the Port of Miami is  the closest U.S. Port to the Panama Canal, Miami is in a strategic position to benefit from the increase in America/East Asia trade. The Port of Miami is building a tunnel to the Port,  […]

Brickell/Downtown Miami, Commercial Real Estate
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