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- Nov 16, 2018
- 1 min
Treasury dramatically sharpens LLC disclosure rules
\All-cash LLC purchases above $300K are now subject to law The Treasury Department drastically increased the number of all-cash deals that are subject to its anti-money laundering rules on Thursday. Starting Nov. 17, title insurance firms will be required to disclose the identity of LLC buyers who spend $300,000 or more on the real estate purchase. Previously, the rule applied to cash deals above $3 million in Manhattan and $1.5 million in New York City’s other boroughs. The
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- Nov 8, 2018
- 2 min
Miami Yacht Show cruising across bay from Miami Beach
Written by John Charles Robbins on November 6, 2018 Producers plan to move the Miami Yacht Show from Miami Beach to the City of Miami’s Omni area beginning in 2019. Yachting Promotions Inc. is asking the city for a revocable license to stage the annual yacht show offshore of the former Miami Herald site, between the MacArthur and Venetian causeways. The city commission may decide on the temporary license next week. Spencer Crowley, an attorney representing Yachting Promotions
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- Nov 8, 2018
- 4 min
Miami election: Voters approve Beckham’s MLS stadium, convention center hotel
Voters also approved Adler Group’s Miami Riverside project Voters in the city of Miami approved two major mixed-use projects in Tuesday’s midterm elections, paving the way for a Major League Soccer Stadium from David Beckham and his partners and a separate riverfront project from the Adler Group. In Miami Beach, voters backed a referendum approving a lease between the city and MB Mixed Use Investment LLC, an entity led by Jackie Soffer and David Martin, for a 99-year lease to
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- Sep 19, 2018
- 6 min
Homeowners insurance: 7 things to know about what hurricane-related damage is (and isn’t) covered
With Hurricane Florence threatening the East Coast and two more storms brewing in the Atlantic, protecting life is the priority. But natural disasters are also a stark reminder to all homeowners that what you don't know about your insurance policy can hurt you when it's time to clean up and assess the damage. A standard homeowners insurance policy protects your home against some natural disasters, but not all (like flooding, for instance). And, in many cases, homeowners don't
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- Aug 6, 2018
- 8 min
What are Miami’s hot neighborhoods? Should you rent or buy? Here’s our 2018 real estate study
For renters, Miami’s greater downtown area is the place to be. Budget-conscious home buyers should consider Homestead, Miami Shores and Kendall. Investors will want to pay attention to the Design District. Miami Beach remains popular, but watch out for inflated prices. And traffic has become one of the key factors when deciding where to live. These are some of the findings of the 2018 Miami-Dade Real Estate Study, the fourth annual survey of the industry conducted by the poll
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- Jul 17, 2018
- 6 min
Will real estate developers seize on “Opportunity Zones” tax incentive?
A provision of the new tax law could have big implications nationwide, but questions remain A short drive from downtown Miami, colorful murals highlight the Haitian diaspora and pink and yellow island-themed buildings dot Second Avenue in Little Haiti. Among the traditional Creole eateries, some millennial-focused restaurants have emerged, advertising craft beer and featuring organic rotisserie chicken and jalapeno jam on their menus. The slow transformation has not gone unno
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- Jul 12, 2018
- 4 min
33 Things to do with Kids this Summer in Miami
Miami is a wonderful place to be. Whether you live here or you are visiting there are plenty of activities to do with the family. Every year during summer we post our list of favorites. Whether you want to enjoy the sunshine outside, get away from the rain! or cool off indoors. Read on for a summer of events, festivals, crafts, music, games, movies, and more (we have a few repeats from last year, because they were awesome!) 1. On National Ice Cream Day, July 15th take a troll
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- Jul 9, 2018
- 5 min
They brought dense, Hong Kong-style commercial development to Miami. Now they want more
Brickell City Centre, the sprawling shopping, dining and residential complex that successfully brought Hong Kong-style multi-level commercial development to #Miami's financial district, now aims to expand its footprint to a fourth block. Swire Properties has filed plans with the city of Miami for an extension of its existing special area plan that would comprise two condo towers, one of them with a three-level retail base. Both towers would be connected to each other and the
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- Jul 5, 2018
- 4 min
Details of secret Beckham stadium plan emerge: hotel, shops, offices, new park
A large no-bid deal is on the horizon in Miami, though you might've heard of this one before. In November, Miami voters could agree to let the city lease more than half of its only city-owned golf course to David Beckham and his partners to build a privately owned soccer complex with a 28,000-seat stadium, one million square feet of tech-related office space and 500 to 800 hotel rooms. Beckham and his partners, which include local business giants Jorge and Jose Mas, want to t
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- Jul 3, 2018
- 1 min
Miami Walk Is The New Name Proposed By Branding Agency For River & Baywalk
Miami’s Downtown Development Authority’s consultants have prepared design guidelines and unified branding for the Miami River Walk and Baywalk. Miami Walk is proposed as the unified branding for both the river walk and baywalk. A unified design scheme, including lighting, furniture, landscape, and wayfinding, is also planned. Savino Miller Landscape Architects created the proposal for the DDA. The presentation is scheduled to be revealed for the first time at a July 9 meeting
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- Jun 28, 2018
- 2 min
Miami condo market favored buyers in May 2018
The latest market data release from the Miami Association of Realtors focused on the continued strength of the area’s luxury housing market in May, but insights into other segments were also included in the report. Specifically, the Miami Association of Realtors found that based on inventory figures, May signaled a buyer’s market for condos in the city. This may have helped condo sales increase for the second consecutive month in May to a final tally of 1,392. This follows a
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- Jun 26, 2018
- 4 min
5 Advantages of Becoming a Florida Resident
With many states struggling to collect revenues and, in turn raising tax rates, the well to do, and even the not so well to do, are looking for ways to minimize their income tax bills. In addition, many of the states with income taxes also collect a state death tax. These two things coupled together - state income taxes and state death taxes (think about Connecticut , Illinois, Maryland, Massachusetts, New Jersey, New York and Pennsylvania) - or even just one of them (think a
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- Jun 22, 2018
- 3 min
Foreign National Cheat Sheet
For many, a foreign national, the United States has always been a great place to invest in, especially Florida. Cities like #Miami and Orlando, which have been major destinations for tourists and investors alike. Purchasing a home There are no restrictions for foreign nationals (non-US citizens) when it comes to buying a house or condo in #Florida. Any person with a valid Visa can own property and rent it, if they want to. Cash purchases are very common and close quickly, and
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- Jun 14, 2018
- 2 min
Uncommon ways to prepare for a hurricane
You’ve heard it every year that you’ve lived in Florida: in hurricane season you need a plan for both your residence and yourself. Hopefully, you’ve done things like secure flood insurance, purchase a generator and make plans for help in installing your hurricane shutters if you can’t do it yourself. Here are some things you still can do: Survey your home and tally your possessions so you know exactly what you need to replace and how much it’s worth should a storm damage your
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- Jun 10, 2018
- 3 min
Take a peek inside construction at Miami's biggest development project. Maybe ever.
It only took, oh, 15 years or so, so long that it began to feel like a fable. But Miami Worldcenter's vast and long-delayed "city within a city" is finally rising from the ground just north of downtown. For real. Worldcenter's 60-story, glass-wrapped Paramount luxury condo tower, which sits on a block-long retail and amenity podium, has topped off and will open next year. A stand-alone retail and garage building is under construction across what will be the city's first pedes
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- Jun 4, 2018
- 4 min
Homes Sold Faster Than Ever in April; Prices Rose 7.6%
The national median home sale price surpassed $300,000 for the first time on record The national median home sale price increased 7.6 percent in April from a year ago, to a median of $302,200. This is the first time the national median home price has surpassed the $300,000 mark across the 174 markets that Redfin tracks. While April posted solid growth in home sales, up 5.2 percent from last year, home sales from January through April were just 1.5 percent higher than the same
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- May 30, 2018
- 2 min
This Map Shows the Best-Paying Company In Every State (Interactive Infograph)
You may think earning a big salary means climbing the corporate ladder. Not necessarily. Many U.S. companies offer six-figure salaries even to rank-and-file workers. A few, like California-based cancer-research company Geron Corp. (median pay: $500,250) and New Jersey clean-energy firm NRG Yield (median pay: $964,000), hand out upwards of half a million dollars or more. Those numbers are part of a trove of new data companies are being required to make public for the first tim
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- May 29, 2018
- 4 min
What is the Condo Approval Process if You Want to Rent in Miami?
Once you have selected a unit that suits your preferences, the following must occur: PRIVATELY OWNED CONDOMINIUM An Application to Lease is prepared for you to review and sign. This document defines how much you are willing to pay over a specified period of time (stating specific beginning and end dates). It is then presented to the owner’s agent. First Month’s Rent: Upon submission, the first month’s rent in the form of personal check, cashier’s check or money order is place
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- May 27, 2018
- 2 min
LinkedIn Workforce Report | Miami-Ft. Lauderdale | May 2018
Over 146 million workers in the U.S. have LinkedIn profiles; over 20,000 companies in the U.S. use LinkedIn to recruit; over 3 million jobs are posted on LinkedIn in the U.S. every month; and members can add over 50,000 skills to their profiles to showcase their professional brands. That gives us unique and valuable insight into U.S. workforce trends. This LinkedIn Workforce Report is a monthly report on employment trends in the U.S. workforce. It’s divided into two sections:
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