Low mortgage rates may drive home sales recovery
Nationwide mortgage rates are the lowest they’ve been in at least ten years, and such favorable financing may well be a driving force in the recovery of the real estate market in Miami-Dade, local experts say. As of June 18, the average interest rate in the US for a...
First condo tower at massive Metropica development in Sunrise completed
The first condo tower at the sprawling 65-acre, $1.5 billion master-planned Metropica development was completed after delays, with closings set to begin soon. Metropica Development LLC, led by CEO Joseph Kavana, received a temporary certificate of occupancy for One...
For future pandemics, Miami Worldcenter plans $60M health center
To attract guests, hotels have long bragged about pools, spas and banquet space. But in the age of the coronavirus pandemic, one Miami developer is including a medical center with ventilators as part of its marketing pitch. Dan Kodsi’s Royal Palm Companies announced...
REVEALED: WYNWOOD HAUS RESIDENTIAL BUILDING PROPOSED WITH 224 APARTMENTS, INCLUDING MICRO-UNITS
TSG Group and Lineaire Group have submitted plans to build a 20-story residential project in Miami’s urban core, to be called Wynwood Haus. The location in the 1700 block of North Miami Avenue is technically just outside Wynwood, which begins in the 2000 block (others...