A property and investment management company from New York now owns over half the units at the Breezes at Palm Aire in Pompano Beach. Axonic Properties, LLC purchased 153 of
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National nonresidential construction spending declined 0.5% in April, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential
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The last developer unit of Park Grove Condominiums in Miami was sold for $10 million in an off-market deal. The penthouse features over 7,311 square feet of living space with
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The downtown Miami real estate market continues to be a hot commodity after the last remaining inventory at the Reach and Rise Residences at Brickell City Centre were recently sold.
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In yet another sign of a sizzling real estate market in South Florida, The Jills Zeder Group recently reported $1 billion in sales in a little over four months to
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“Mr. Gensler said his secret to attracting talent is that he has enough self-confidence to hire people smarter than him,” wrote Glenn Rifkin in The New York Times in 1994.
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A luxury apartment complex featuring plenty of retail and business space is officially ready for residents in West Boca. The 38-acre development known as Uptown Boca features 179,000 square feet
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Developer PMG, Greybrook Realty Partners, Mohari Hospitality, S2 Development and Hilton (NYSE: HLT) have revved up sales for Waldorf Astoria Residences Miami. Located at 300 Biscayne Boulevard, the tower will
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Previous real estate sales records continue to fall after a mansion in Fort Lauderdale was recently purchased for $23 million. The property at 2412 Laguna Drive in Fort Lauderdale’s exclusive
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Not everyone who’s part of the New York to South Florida exodus is a tech CEO buying a $20 million mansion, and not every residential real estate investor has to
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A property selling in the high eight digits doesn’t happen every day, even in Palm Beach. The fact that it’s a private island helps to justify that price. Local developer
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1. Depreciation is your friend. The largest single deduction for a rental property is often depreciation. Residential real estate can be depreciated over 27.5 years, but to depreciate the property, it
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