Multifamily is back. Or is it? Oversupply lessens but vacancies, pipeline still high
Developer Raimundo Onetto has been weaning leasing incentives for new tenants at his 296-unit Crest apartment building. “We saw a shift in the market since the end of last year,” said Onetto, who leads Coconut Grove-based Alta Developers. The building is 95 percent leased, he said. “We have been tr
South Florida’s top deals: Sketchers co-founder picks up Miami home for $11M
🏆 Residential: The priciest recorded home sale was in Miami, where Sketchers co-founder Michael Greenberg, through an LLC, picked up the home at 3600 Stewart Avenue for $10.5 million. The sellers were Roberta Manelli, a bag designer, and Francisco Salonia-Ruzo, a financier, who purchased the 3,400-
Helping buyers look beyond the price
Real estate agents can help buyers make more informed decisions by focusing on the full monthly payment, including taxes, insurance and association fees, rather than the listing price alone. Discussing those costs early can prevent surprises, narrow the home search and demonstrate the value of an ag
Recent Posts
