Swire is partnering with Colombian businessman Carlos Mattos to jointly develop the property at 650 South Miami Avenue, a spokesperson told The Real Deal. The developers are planning a residential project on the former Tobacco Road site. Mattos made his money with Hyundai Colombia Automotriz, a car import and distribution company he founded in his…
Canadians’ interest in South Florida vacation homes has increased as an especially cold winter continues in their home country. Record-breaking cold weather hit Canada in December and January. During a six-day cold snap in Montreal, temperatures didn’t exceed -17 degrees Celsius (1.4 degrees Farenheit). In addition to cold weather, Canadians also have loomed larger in…
Certain conditions make the assets look a little more appealing. High dividends have some investors taking a second look at “class B” shopping centers. Due to falling share prices, mall operators’ dividends have increased dramatically, some well over 15 percent, the Wall Street Journal reported. For example, Tennessee-based CBL & Associates Properties and Ohio-based Washington…
In 2017, Airbnb collected and remitted $45.7 million in sales and local bed tax revenue to the Florida Department of Revenue and 39 counties that have signed agreements with the vacation rental platform, the company’s spokesperson said in a press release. Miami-Dade and Broward counties accounted for 40 percent of the total, or $18.3 million.…
Estimated delivery:2020 Bedrooms: 2, 3 and penthouses Square Ft. Range: 1,385 – 2,418 No. of Floors: 14 No. of Units: 61 Prices: between $661 and $900 per sq.ft. 15701 Collins Avenue Sunny Isles Beach, FL 33160 SALESBROCHUREFLOOR PLANS Aurora Sunny Isles Condo Designed by world-renowned architect LuisRevuelta, Aurora introduces a fresh expression of artistry to the Sunny…
In Coral Gables’ highly competitive office market, landlords are always seeking a slight edge in luring new tenants and retaining existing ones. But for the owners of Douglas Entrance at 800 Douglas Road, spending $7 million to renovate the office park’s lobbies, corridors, elevators, indoor common areas and its historic “La Puerta del Sol” ballroom…