Buying burst eats into downtown Miami condo supply, prices edge up

By Marilyn Bowden    Bulk sales are tapering off, but brokers say a burst of buying activity since the beginning of the year is eating into the downtown condo inventory and, in some cases, even leading to appreciation.    According to a residential closings and occupancy study prepared for the Downtown Development Authority by Goodkin Consulting and … Continue reading

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Related Group Revises MyBrickell Plan

The Related Group has plans for a new condominium project in Brickell, but the project’s lack of a parking garage has sparked backlash in the neighborhood. BY TOLUSE OLORUNNIPA Miami’s top condominium developer is planning to emerge from the region’s worst housing bust by picking up where it left off before the economy tanked, and … Continue reading

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Condo developer betting on Greater Downtown Miami

BY PETER ZALEWSKI SPECIAL TO THE MIAMI HERALD A family-run, South American residential development company is prepared to bet its fortune that the Greater Downtown Miami condo market is on the verge of entering a new growth phase in the real estate cycle. The development company, the Melo Group, founded by father Jose Luis Melo … Continue reading

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New Homepath properties available in Downtown Miami & Brickell today!

As many of you now know, Homepath is the best option to get a fantastic financed deal on a Downtown Miami or Brickell foreclosure.  Last month, we talked about all of the benefits, but here is an updated list of the Homepath-approved properties in our neighborhood: http://bit.ly/hWnEnX You will see properties at Ten Museum Park, … Continue reading

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Everglades on the Bay to be Renamed

  In November, Rockwood Capital, LLC (“Rockwood”), the private real estate investment firm, along with partners Duncan Hillsley Capital and Fortune Capital Management Services, announced the acquisition of Everglades on the Bay.  The original developer, Cabi Downtown, is now transitioning out of control of the project following the recapitalization of their Chapter 11 reorganization. The new … Continue reading

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