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Estate Investment Group proposes Soleste Bay Village in Palmetto Bay

Posted by on May 4, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Estate Investment Group proposes Soleste Bay Village in Palmetto Bay

Palmetto Bay will consider approving the second mixed-use project in its new Downtown Urban Village district, as developer Roberto Suris has proposed an apartment/retail building called Soleste Bay Village. In 2015, the municipality rezoned an area for greater density and mixed uses to encourage more development. The first project approved under that zoning was the Altlantico at Palmetto apartments and retail, by Florida Crystals subsidiary FCI Residential. On March 20, the village council will hold a zoning hearing to consider plans for...

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Hyperloop One coming to Miami?

Posted by on May 3, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Hyperloop One coming to Miami?

The Hyperloop One could eventually come to Miami, creating a 26-minute route to Orlando, which would be a fraction of the four hours it would take to drive and less than half the hour it’d take to fly. Of the 2,600 submissions in a global challenge from earlier in the year, among the 11 U.S. finalists is the Miami-to-Orlando route. The process works by using a linear electric motor to move an electromagnetically levitated pod through a tube at speeds up to 620 miles per hour with no turbulence. Hyperloop One’s Senior VP Nick Earle says they...

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Miami is still the most popular U.S. market for international buyers

Posted by on May 2, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Miami is still the most popular U.S. market for international buyers

South Florida is the most-searched U.S. market by international consumers, and Canadians are the ones most interested in the locale, according to the Miami Association of Realtors. The Miami metro area, including Ft. Lauderdale and West Palm Beach, came in as the No. 1 U.S. market for international consumers in January 2017. Miami has ranked No. 1 in 12 of the past 14 months. A closer look South Florida has ranked as a top-five market for buyers in nine of the world’s ten-largest regions, ranking No. 1 for the most searched market in...

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Goldman Properties receives $$22 million dollar construction loan for Wynwood DS parking garage in Wynwood Miami

Posted by on May 1, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Goldman Properties receives $$22 million dollar construction loan for Wynwood DS parking garage in Wynwood Miami

An affiliate of Goldman Properties obtained a $22 million construction loan to fund a mixed-use project in Miami’s booming Wynwood neighborhood. Miami-based Sabadell United Bank awarded the mortgage to Wynwood DS LLC, an affiliate of Miami Beach-based Goldman Properties, for the 21,250-square-foot site at 360 and 370 N.W. 27th Street plus 2660 N.W. 3rd Ave. Goldman Properties is one of the main developers that transformed Wynwood from an industrial zone into a district of arts, dining and retail. Now, more residential and office buildings...

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CMX theater by Cinemex opens at Brickell City Centre in Miami

Posted by on Apr 30, 2017 in Blog, Miami News, Premier Magazine | 0 comments

CMX theater by Cinemex opens at Brickell City Centre in Miami

The first movie theater has opened in Miami’s booming Brickell neighborhood: CMX at Brickell City Centre. The dine-in movie theater is the first location in the United States for Mexico-based Cinemex, the sixth-largest theater chain in the world with over 600 locations. More locations are planned, including in Broward County. The 35,759-square-foot space was designed not just as a place to watch movies on its 10 screens, but as a hangout for before or after the shows. CMX has two bars stocked with domestic, international and craft beers, wine...

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9 fun trendy spots- We’re Proud to Take Out of Towners to

Posted by on Apr 29, 2017 in Blog, Miami News, Premier Magazine | 0 comments

9 fun trendy spots- We’re Proud to Take Out of Towners to

So you have a friend coming in town and you’re tasked with being their 305 sherpa. Either they’ve never been to Miami and they just can’t wait “to hit up South Beach” or they have been here but haven’t seen “the real Miami.” As locals, it’s our duty to ensure Miami’s true colors shine bright so the that the city’s changing word continues to spread across the world. With all the amazing new concepts and bustling neighborhoods, the Magic City is stepping its game up and there are so many options to show off. Here are some of our go-to spots for...

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Beckham-led group gets investor boost for $300M Miami MLS deal

Posted by on Apr 28, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Beckham-led group gets investor boost for $300M Miami MLS deal

Dive Brief: An investment group featuring soccer star David Beckham has secured a billionaire investor, putting them closer to their goal of a $300 million Major League Soccer franchise and stadium in Miami, according to The Miami Herald. Investment banker Todd Boehly adds to the group’s financial stability, which is something the MLS has been looking for as it considers final approval of the franchise deal. Stadium and franchise plans have lagged since Beckham announced plans for Miami Beckham United back in 2014, causing MLS officials...

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7 revelations MIA flying high 2017 in Miami

Posted by on Apr 26, 2017 in Blog, Miami News, Premier Magazine | 0 comments

7 revelations MIA flying high 2017 in Miami

Miami International Airport has several plans to increase its market share. When Miami could have a direct flight to Asia and 6 other revelations from IATA’s conference in Miami Click HERE to read...

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Six quick facts about the economic impact of PortMiami

Posted by on Apr 25, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Six quick facts about the economic impact of PortMiami

PortMiami’s economic impact reaches far beyond South Florida, a recently released study shows. Port officials tapped Martin Associates, a consulting firm, to conduct an economic impact study as the port undergoes significant improvements and adds more space for cargo and cruise ships. It shows the port is a major income generator and creates more than $1 billion in state and local taxes. The study focuses on the economic impacts of PortMiami in 2016. It was measured in terms of jobs, personal income, business revenue and other economic...

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Investors, Lenders More Optimistic About Real Estate

Posted by on Apr 24, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Investors, Lenders More Optimistic About Real Estate

The Trump administration has boosted confidence in the nation’s commercial real estate sector, according to an Akerman survey. Over half of the 200 investors and lenders surveyed by the Miami-based law firm said they feel optimistic about the future of commercial real estate in 2017 compared with only 38 percent last year. Results are in: Confidence is high in the commercial real estate sector, according to Akerman’s eighth annual U.S. Real Estate Sector Report. Click HERE to read...

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Gridics, Provider Of Property Analysis Tool, Closes $1.1M Seed Funding Round

Posted by on Apr 23, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Gridics, Provider Of Property Analysis Tool, Closes $1.1M Seed Funding Round

Gridics, the provider of a collaborative search tool for real estate agents and their clients, has clinched $1.1 million in a seed funding round, and has unveiled a new application designed to streamline the development planning and approval process. The Miami-based startup wants to combine disparate real estate data into software that helps users make better investment decisions “while streamlining fractured processes in the real estate world.” Its property search and analysis tool “Market Intelligence” can be...

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PortMiami traffic with Asia rises 11%

Posted by on Apr 22, 2017 in Blog, Miami News, Premier Magazine | 0 comments

PortMiami traffic with Asia rises 11%

PortMiami, which was dredged to 50 feet last year in anticipation of a widened Panama Canal, can now welcome up to six Post-Panamax vessels a week, which has translated into an uptick in the port’s cargo business side of operations. Asian service and volumes rose 11% in 2016 alone, said Assistant Port Director Kevin Lynskey. The composition of Asian cargo represents higher value and the commodities include electronics, furniture and apparel, which are typically consumed in Florida, according to a PortMiami-commissioned study released this...

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Forget millennials: Gen X driving today’s market

Posted by on Apr 21, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Forget millennials: Gen X driving today’s market

CHICAGO – April 18, 2017 – Millennials often get all the attention, but members of Generation X are really the ones driving the housing market lately. Gen Xers – adults between the ages of 37 and 51 – make up the second largest share of home buyers, comprising 28 percent in 2016, according to data from the National Association of Realtors® (NAR). They’re also buying the largest, most expensive homes compared to any other generation. The median price of homes purchased by Gen X buyers is $261,000, and the median size of the homes is...

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Downtown Miami site for 1700-room convention center hotel expected to close in weeks, per report

Posted by on Apr 20, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Downtown Miami site for 1700-room convention center hotel expected to close in weeks, per report

The much-discussed Downtown Miami convention center hotel planned for the old Miami Arena site (700 North Miami Avenue) inches closer to life, with MDM Group reportedly under contract to acquire the property for $44.5 million with the deal expected to close by the end of March, according to The Next Miami. New plans were filed under the “Marriott Marquis Miami Worldcenter Hotel & Expo Center” towards the end of 2016, with the updated design calling for two standalone towers within the estimated $750 million project. NBWW is the architect....

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Miami’s 11 most expensive homes for sale, mapped

Posted by on Apr 19, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Miami’s 11 most expensive homes for sale, mapped

With Miami’s abundance of luxury residential developments and proximity to both the bay and ocean, it’s no revelation to see so many active homes for sale with jaw-dropping price tags. In taking a look at the pinnacle of the Miami real estate market, we now learn five homes are listed at $40 million or higher with at least another dozen exceeding the $30 million mark. As for lavish homes sold in Miami-Dade county in 2016, three changed hands for over $25 million apiece, according to Zillow. In mapping out the 11 highest priced...

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Change in credit reporting could affect home buyers

Posted by on Apr 18, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Change in credit reporting could affect home buyers

WASHINGTON – It could be a boon for some home buyers — their credit scores will get a surprise boost — but worrisome for mortgage lenders, landlords and others who depend on credit reports to evaluate their potential customers. In a little-known policy shift, the three national credit bureaus — Equifax, Experian and TransUnion — plan to stop collecting and reporting substantial amounts of civil judgment and tax lien information on public records affecting millions of American consumers starting July 1. Both types of information have...

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Rising rates luring foreign investors to the US

Posted by on Apr 17, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Rising rates luring foreign investors to the US

From TRD New York: When the Federal Reserve raised interest rates in March for the second time in three months, it signaled that the nine-year stimulus campaign launched during the financial crisis was nearing an end. Overseas, however, “lower for longer” remains the reality, with low or even negative interest rates expected to continue in countries like Germany and Japan. Even amidst uncertainty created by the Trump administration’s foreign policy, with yields in their own countries low, some foreign investors are gearing up to spend more on...

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Panorama Tower, Florida’s tallest building, tops off in Miami’s Brickell

Posted by on Apr 16, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Panorama Tower, Florida’s tallest building, tops off in Miami’s Brickell

South Florida has just reached new heights, adding to its skyline the tallest building in Florida and the tallest residential project south of Manhattan. Looking over downtown Miami’s Brickell Avenue at 85 stories, Panorama Tower includes 821 rental units served by 45,000 square feet of amenities; 208 hotel rooms by Hyatt Centric; 100,000 square feet of office space; and high-end retail outlets and restaurant space spanning about 50,000 square feet. The entire project, built by developer Tibor Hollo’s Florida East Coast Realty, is expected to...

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The Hottest Restaurants in Miami Right Now, April 2017

Posted by on Apr 15, 2017 in Blog, Miami News, Premier Magazine | 0 comments

The Hottest Restaurants in Miami Right Now, April 2017

More often than not, tipsters, readers, friends and family of Eater have one question: Where should I eat right now? And while the Eater 38 is a crucial resource covering old standbys and neighborhood essentials across the city, it’s not a chronicle of the ‘it’ places of the moment. Thus, we offer the Eater Heatmap, which will change continually to always highlight where the foodie crowds are flocking to at the moment. The qualifications for the the map is the restaurant has been around for less than 6 months and is serving...

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Miami has a lot to gain from the introduction of self-driving cars

Posted by on Apr 14, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Miami has a lot to gain from the introduction of self-driving cars

Many cities are considering it, but benefits aren’t guaranteed. Click Here to read more.

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The biggest hurdle to buying a house in Miami? Coming up with the down payment

Posted by on Apr 13, 2017 in Blog, Miami News, Premier Magazine | 0 comments

The biggest hurdle to buying a house in Miami? Coming up with the down payment

A new survey of aspiring home owners around the U.S. confirms what Miami renters already know: Rents are so high, there’s not enough money left over to save up for a down payment. According to the first Zillow Housing Aspiration Report (ZHAR), a new semi-annual survey of 10,000 renters from 20 major metro markets across the country, 67.9 percent of people in the U.S. say coming up with a down payment is the main reason keeping them from buying a home. In Miami, 64.7 percent of respondents cited the same problem. Qualifying for a mortgage was...

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Lincoln Road-area food hall slated to open fall 2018

Posted by on Apr 12, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Lincoln Road-area food hall slated to open fall 2018

Miami Beach-based Terranova Corp. aims to build a 9,600-square-foot food hall at the intersection of Meridian Avenue and North Lincoln Lane near the Lincoln Road mall. The Lincoln Eatery is slated to debut at 723 Lincoln Lane in Miami Beach in the same building as Marshall’s. Terranova is placing this project in what it calls the next “it” neighborhood in Miami-Dade County, the NoLi District, which would run parallel to Lincoln Road. The Lincoln Eatery is slated to debut in fall of 2018. Click Here to read...

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Business Journal expands map of downtown Miami development

Posted by on Apr 11, 2017 in Blog, Miami News, Premier Magazine | 0 comments

Business Journal expands map of downtown Miami development

This week’s real estate news. When providing visitors a tour of Miami, it’s fun for locals to point out all the construction cranes and run off all the projects under construction. But there are so many buildings sprouting out of the ground that it’s hard to keep track of them all. Now the Business Journal has you covered with our new Crane Watch feature. This interactive online map shows where new projects, both under construction and proposed, are located and provides information about the developer and the building’s features....

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30 Luxury Home Design Trends luxury buyers now want!!

Posted by on Apr 10, 2017 in Blog, Miami News, Premier Magazine | 0 comments

30 Luxury Home Design Trends luxury buyers now want!!

What high-end homebuyers seek, and sellers should consider Luxury buyers look for anything but cookie-cutter, while convenience, style and recreation opportunities make the top of their wish list. A ranch-style featuring a designer kitchen, blended living space and mixed-metal trimmings — such a house would embody 2017 luxury, so long as it was also decked out in smart home technology. That’s according to twin brothers Jonathan and Drew Scott, co-founders of Scott Brothers Entertainment and Scott Living. The duo and HGTV hosts — real estate...

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