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Recent Posts

Along Miami River, Derelict Bait Shops Give Way to Luxury Condos

Along Miami River, Derelict Bait Shops Give Way to Luxury Condos

MIAMI — As it meandered through downtown, the Miami River was for years a slovenly mess, its shores lined with small, scrappy shipyards, bait-and-tackle shops and low-rent marinas with rotting piers. When decrepit vessels sank, they were often left where they lay, hulls protruding from the oily water. On the river, just over five miles long and formed eons ago...

New high reached in foreign investment into US luxury residential real estate

New high reached in foreign investment into US luxury residential real estate

A report from Beauchamp Estates, in association with Leslie J Garfield & Co, finds that foreign investment into the US luxury residential real estate market has jumped to a new GBP5.78 billion (USD7.48 billion) high with Miami, Manhattan and Los Angeles as the key locations. Entitled ‘US Ultra Prime Real Estate’ the new report focuses on Manhattan, Los...

Miami makes shortlist for Amazon HQ2

Miami makes shortlist for Amazon HQ2

A surprise package arrived Thursday morning. Amazon has announced its shortlist of 20 proposals for its $5 billion second headquarters, with New York, Miami and Los Angeles all making the cut. There were 238 proposals from around the U.S., Canada, and Mexico for HQ2, although all 20 finalists are American, except for Toronto, Ontario. In the Miami area,...

International investment in U.S. real estate on the rise

International investment in U.S. real estate on the rise

From Washington state to Miami, real estate property is being purchased in increasing numbers from overseas buyers with money in a strong but slowing global economy. Wealth Migrate marketplace expects investments to expand in 2018. The KPMG FinTech 50 company is branching out its international operations “driven by investor demand,” it says. Wealth...

How to close a real estate deal using Bitcoin

How to close a real estate deal using Bitcoin

In Florida, process requires partial conversion to dollars By Katherine Kallergis | January 31, 2018 08:45AM Daniel de la Vega is a Bitcoin believer. But his faith comes with a catch. As president of One Sotheby’s International Realty, he had seen the potential of the cryptocurrency and others like it to shake up the real estate market. But de la Vega’s...

“Bitcoin accepted”: the cure-all for an impossible listing?

“Bitcoin accepted”: the cure-all for an impossible listing?

An agent in Delaware is betting on crypto to get the job done January 27, 2018 11:58AM Wondering how to attract international buyers or get eyes on an off-beat listing? Agent Michael A. Kelczewski is betting on Bitcoin to draw them in. Kelczewski, an agent with Brandywine Fine Properties Sotheby’s International Realty, is handling a $1.75 million listing of...