Self-Contained Amenities and Neighborhood Key in The Conrad Brickell Hotel Sale

Though the pace of commercial real estate transactions in South Florida has slowed down a bit, Miami continues to rack up big sales with the recent purchase of The Conrad Brickell Hotel for $72 million by Mast Capital and Angelo, Gordon and Company.  The 203-room hotel will be managed by HEI Hotels & Resorts, it’s first […]

Brickell/Downtown Miami, Commercial Real Estate, Investment Real Estate, Neighborhood News, Selling
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What Do The Election Results Mean For Real Estate?

  The long election  is finally over and the question I am getting asked a lot is, “What does it all mean for the real estate market?”  A recent video put out by the National Association of Realtors sums up the election as follows: In Congress, not much has changed.  Republicans controlled the House and the Senate […]

Buying, Selling
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7 Of Forbes’ Top 20 Cities to Invest In Are In Florida

Forbes’ 2016 top cities to invest in is out and seven of the best investment cities are in Florida.  Two, West Palm Beach and Fort Lauderdale, are in South Florida.  The Fort Lauderdale Metropolitan Statistical Area and Divisions (MSAD), which includes Fort Lauderdale, Pompano Beach and Deerfield Beach, has a three-year home price growth forecast […]

Buying, Investment Real Estate, Selling
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New FIRPTA Rules Take Effect February 17, 2016

  Two changes made to the  U.S. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) will go into effect February 17.  While one affects foreign investment in publicly-traded real estate investment trusts (REITs) and should make commercial property in the U.S. more attractive to foreign buyers, the second one affects foreign buyers of […]

Buying, Commercial Real Estate, Luxury Real Estate, Selling
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EWM’s Coral Gables Office: Over $30 Million in Sales Three Weeks In a Row

Wow, the Spring Selling Season is definitely here in Miami!  Our office alone has had three consecutive weeks with over $30 million in real estate transactions and two of those weeks we were over $35 million.  Sales continue to outpace listings and 30% of our sales were at or over asking.

Buying, Luxury Real Estate, Selling
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Coral Gables Real Estate Market Year-End Summary For 2014

Coral Gables had a phenomenal 2014 for real estate sales.  There were 520 closed sales from January 1, 2014 through December 31, 2014 and 218 of those were cash sales.  The highest priced sale for the year was for a 21,000 square foot, waterfront home in Tahiti Beach, listed by One Sotheby’s Saddy Delgado and sold […]

Coral Gables, Luxury Real Estate, Market Summary, Selling
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Pinecrest Real Estate Market Year-End Summary For 2014

Now that we are in the second week of 2015, almost all of the Pinecrest real estate sales for 2014 have been recorded in the MLS.  There were 246 closed sales reported with a high sales price of $5.5 million for a stunning 12,000 square foot home on 60 Avenue, listed and sold by One Sotheby’s […]

Luxury Real Estate, Market Summary, Pinecrest, Selling
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Art Week In Miami Is The Culmination Of A Year Round Vibrant Art Community

Art is a year-round pass time in Miami that culminates in December with Art Miami and Art Basel.  We are so lucky to live in such a vibrant art community.  We are able to visit art in public places such as the sculptures along South Bayshore Dr and Brickell Ave, or at our various museums, […]

Selling
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Miami Only City On Case Schiller To Post Double Digit Year-Over-Year Gain

The idea of real estate being local is so important to keep in mind, especially when reading news headlines.  Headlines reporting on the national real estate market read “Home prices post broad-based slowdown in September”  or something similar.  While there is nothing untrue about the statement, if you are a buyer interested in Miami and don’t […]

Buying, Selling
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Condos Accounted For Almost 45% of September Sales In Miami

Spurred by downsizing baby boomers and other age groups wanting to be close to dynamic urban cores, the market share of condo sales has increased nationwide from 8% to 11-12%, according to Lawrence Yun, Chief Economist for the National Association of Realtors .  In Miami, that number is closer to 45% of home sales in […]

Buying, Market Summary, Selling
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