The last year has been challenging for the hospitality industry. But at the same time, it was a good year to renovate. The W South Beach recently unveiled a $30 million renovation project that includes all 357 rooms. Designed by local studio Urban Robot Associates,… Read More
This pandemic seems to have been good for real estate located in places that people like to spend time in, but maybe had to limit their time there in the past because of things they had to do like, you know, work in an office.… Read More
The following video was published last week showing the “secondary locations of anonymized mobile devices that were active at a single Ft. Lauderdale beach during spring break.” Said differently, the company used anonymized mobile phone data to see where spring breakers went after they left… Read More
I was at a family dinner over the weekend and the topic of the Florida homestead exemption came up. The Florida Constitution bestows a number of advantages upon homeowners (provided the home is that person’s primary residence). And like all rules, it impacts behaviors. For… Read More
This past weekend I toured my friend’s purpose-built rental project in Wynwood, called Midtown 29. It was completed last year and has already been stabilized. Real estate development is very much a local business. It is that way because so much of it is driven… Read More
I was reading today about some houses in Boca Raton, Florida selling for as low as $1. The reason they’re selling for nothing, in some cases, is because you’re required to join the local golf/country club as part of the purchase. Initiation fees could be… Read More
Last week Bjarke Ingels Group and UIA Management announced a 125,000 square meter mixed-use complex in Allapattah, Miami called the Miami Produce Center. The proposed project includes office, residential, and hotel uses on stilts over three existing warehouse buildings. The existing buildings will be transformed… Read More
The New York Times has an interesting article up talking about the possible impacts of climate change on coastal real estate in the United States. In it they make the argument that sales velocity is declining in flood-prone areas. Here are two snippets: Over the… Read More
To be a real estate developer, or at least to be a good real estate developer, I think you need to have a certain kind of personality. Specifically, I think you need to be an optimist. Because if you’re going to take big risks and… Read More
BRANDON DONNELLY 