Miami-Dade County Commission Approves $3B Little River District Mixed-Use Development
The Miami-Dade County Commission has granted final approval for Little River District, a $3 billion mixed-use development in Miami’s Little River and Little Haiti neighborhoods. SG Holdings, a joint venture between Swerdlow Group, SJM Partners and Alben Duffie, is the developer. Spanning 63 acres, the project is slated to include more than 5,700 affordable…
Miami-Dade approves Swerdlow, Related Urban ground leases for nearly 6K affordable and workforce apartments
Two developers’ deals to build apartment projects on county-owned land breezed through approvals, with plans for a total of nearly 6,000 units. On Tuesday, in separate actions, the Miami-Dade County Commission voted unanimously and without discussion to approve 99-year ground leases with a Michael Swerdlow-led joint venture and with Related Urban, the affordable…
$3B Mixed-Use Little River District Approved: New Details
The Miami-Dade County Commission voted unanimously yesterday to approve SG Holdings’ 63-acre Little River District, and new details of the development have been released. It will be the largest affordable housing development in Miami-Dade County’s history, with 5,700 affordable and workforce housing units. SG Holdings, a joint venture comprised of Swerdlow Group…
600 Miami Worldcenter’s Ascent to 32 Stories Accelerates in Downtown Miami
Vertical construction is accelerating on 600 Miami Worldcenter, a 32-story residential high-rise at 600 NE 1st Avenue and 55 NE 6th Street in Downtown Miami. The tower is part of the expansive 27-acre Miami Worldcenter master plan and is being developed by Aria Development Group in partnership with Merrimac Ventures. Designed by Revuelta Architecture International…
$2B Mixed-Use Development Announced In Midtown Miami
Plans to develop a vacant site in Midtown Miami have been announced, including a tower by Proper Hospitality. The new $2 billion mixed-use development will be set on 5 acres where Walmart once planned a store that was never completed. It will include lush open areas, including two public parks and pedestrian paseos, connecting Midtown to the Design District and Wynwood.
Carlos Rosso and partners plan major mixed-use development on former Walmart site in Midtown Miami
Development of a long-vacant plot of land in Midtown Miami, where a controversial Walmart was once planned, is moving forward. Proper Hospitality is teaming with Carlos Rosso’s Rosso Development and Alex Vadia’s Midtown Development to launch sales of phase one, a 28-story, 288-unit branded condo tower. The building, called Midtown Park Residences by Proper…
Miami Beach’s Kimpton Surfcomber Hotel engulfed in messy ground lease dispute
A convoluted legal fight is brewing over a portion of the land underneath the Kimpton Surfcomber Hotel at 1717 Collins Avenue in Miami Beach. Sean and Nicole Mirmelli, as trustees for the Deirdre Mirmelli Irrevocable Trust, sued Chisholm Properties South Beach last week in Miami-Dade Circuit Court over alleged violations of a 99-year-ground lease for one of two parcels beneath the three-story…
Park West Tower Gets $215M Construction Financing, 99% Sold
West Eleventh Residences is now 99% sold and has secured $215 million in construction financing. Completion is planned for Q1 2028. A groundbreaking ceremony took place in September 2024. The tower will rise 44 stories, with 659 residential condos allowing flexible rentals. It will also have a three-level “experiential” entertainment venue. A glass floor pool is being built…
Santander Tower Submitted To FAA, Nearly Matching 70-Story Four Seasons Height
The proposed heights of the office tower planned by Banco Santander in Brickell have been filed with the FAA. Santander’s tower will be close in height to the 70-story, 789-foot Four Seasons tower, which is currently the tallest on Brickell Avenue and the third tallest in Miami. A lightning rod at the new Santander tower is planned to reach 784 feet above ground, or 791 feet…
Brickell in line for its own circulator transit system
After picking up over 23,000 riders in its first 16 months, the Freebee Downtown Circulator is gearing up to expand into Brickell this year, fueled by new state funding. The free service, a partnership between the Miami Downtown Development Authority (DDA) and Freebee, offers eco-friendly transit through Miami’s bustling urban core. The loop connects key destinations…
Debated Kendall Parkway advances in planning
Due to construction cost increases over the past four years, the Greater Miami Expressway Agency (GMX) is now analyzing project costs and updating the price estimates for a Kendall Parkway Expressway extension that has been heatedly debated for years. The agency’s board recently awarded contracts for geotechnical exploration and contamination assessments along the…
Signature Bridge, double-deck highway roadbed advance
A set of towering arches now cast shadows in downtown Miami, part of the support structures for a new Signature Bridge, a key component of the I-395/SR 836/I-95 Design-Build Project. The sprawling $818 million project is the product of a partnership between the Florida Department of Transportation (FDOT) and the Greater Miami Expressway Agency and its contractor…
Wynwood residential rental project Evolve Wynwood 35 moves ahead
A low-profile eight-story residential rental project called Evolve Wynwood 35 is planned for property at 535 NW 35th St. to be home to 141 dwellings, an amenity deck, a partially covered pedestrian walkway and a ground-floor café. MPW Holdings II LLC is the owner-developer of six parcels at 535, 543, 553, 579, 583, and 585 NW 35th St., in the Wynwood Norte Neighborhood…
Miami Multifamily Report – February 2025
South Florida’s multifamily market closed 2024 with a measured pace of growth. The average advertised asking rent was down 0.2 percent on a trailing three-month basis, to $2,477, mirroring the national trend. The metro’s average overall occupancy rate in stabilized properties was down 10 basis points year-over-year, to 95.3 percent. However, the Lifestyle figure saw a 10-basis…
Vertical Construction Underway on 58-Story Downtown 6th In Miami
Vertical construction is now underway on Melo Group’s Downtown 6th, a 58-story residential tower rising at 46 NE 6th Street in Downtown Miami. Designed by Melo Architecture and G3AEC with De Los Reyes Engineering Inc as the structural engineer, the tower will top out at 574 feet above ground, or 587 feet above sea level, yielding 824 residential apartments, 2,247 square feet…
Site Work, Phased Vertical Permits Submitted For 765-Foot Santander Tower
Site work and phased vertical permits have been applied for at Brickell’s Santander Tower site. Santander Bank is building a 41-story, 765-foot tower on the property. Demolition of an older building on the site is currently underway. The two new permit applications were both submitted on March 19. The site work permit is for an estimated $3 million worth of work, with Coastal…
‘Curvaceous Striking’ 32-Story Glass Tower Breaks Ground in North Bay Village
Continuum Company has broken ground on a 32-story condo tower in North Bay Village called Continuum Club & Residences. The tower is described as being curvaceous and striking, with a design by Arquitectonica. 48% of residences planned in the tower were already sold before yesterday’s groundbreaking. A total of 198 residences and penthouses are planned, ranging…
In a crowd of Miami contenders, Shore Club is it
A crop of ultra-luxury developments are underway in Miami. But only a few have the right combination of magnetism, potential for success and likelihood of being completed in a timely manner. At the top of the heap is Shore Club Private Collection, an Auberge-branded project under construction in Miami Beach. Witkoff, led by Alex Witkoff, and Ted Koenig’s Monroe Capital…
JEM Miami Worldcenter Gets Approval For 800 Foot Cranes (Photo)
Several very tall construction cranes have been approved for the site where the 67-story JEM Private Residences is being built at Miami Worldcenter. Developer Naftali Group is building 786 residential units, of which 259 will be condos. Condo owners will have a separate entrance from the remainder of the residential units. The Federal Aviation Administration issued…
Corebridge Buys Miami Warehouse from Longpoint for $44M
The cross-dock facility was at full occupancy at the time of the sale. Image courtesy of CBRE Corebridge Real Estate Investors has acquired a 211,471-square-foot industrial asset in Miami for $43.5 million. Longpoint Partners sold the building, while CBRE brokered the transaction on its behalf. Longpoint acquired the asset in 2019 from Prologis, for $25 million, according to…
$43.5M Sale of Warehouse in North Miami Brokered
CBRE has arranged the sale of Sunshine State Industrial, a 211,471-square-foot, multi-tenant warehouse located at 1400 N.W. 159th St. in Miami. Corebridge Real Estate Investors purchased the property for $43.5 million. José Lobón, Trey Barry, Frank Fallon, Royce Rose, George Fallon, Gabriel Braun and Daniel Sarmiento of CBRE represented the seller, Boston-based…
Following South Florida buying binge, Longpoint sheds Miami-Dade warehouse for $44M
Following a busy South Florida two-year buying binge, Longpoint shed a warehouse near Miami Gardens for $43.5 million. An affiliate of Boston-based Longpoint, led by founding partner Dwight Angelini, sold a nearly fully-leased 221,471-square-foot warehouse at 1400 Northwest 169th Street in unincorporated northwest Miami-Dade. The buyer is New York-based Corebridge…
Hedge fund, private equity firm among new tenants in Brickell office tower
The owner of the 701 Brickell office tower signed four leases, with three tenants new to market and the other an expansion. Brian Gale and Edward Quinon of Cushman & Wakefield represented landlord Morning Calm Management in the four leases for a combined 40,000 square feet at 701 Brickell Ave. Core Scientific leased 11,000 square feet as a new tenant. The Austin, Texas-based…
Category Five bulks up multifamily portfolio with $47M purchase near Miami Shores
Category Five Real Estate added a pair of garden-style apartment complexes to the firm’s burgeoning South Florida portfolio of older multifamily properties… In separate deals, the Aventura-based firm paid $18 million for Blue Lake Apartments at 1205 Northwest 103rd Lane, and $29 million for Lake Shore Presidential Apartments at 1260 Northwest 95th Street, Category Five…
Construction Continues On E11EVEN-Branded Towers in Downtown Miami’s Park West Neighborhood
Construction is progressing on E11EVEN® Club Hotel & Residences and E11EVEN® Club Residences Beyond, a pair of 64-story towers at 20 and 90 NE 11th Street in Downtown Miami’s Park West neighborhood. Designed by Sieger Suarez Architects with CHM Structural Engineering, LLC as the structural engineer and interiors by AvroKO and developed by Property Markets…
PMG, partners score $215M construction loan for Miami condo tower near E11even
PMG, Lion Development Group and Marc Roberts Companies landed a $215 million construction loan for their planned condo tower, 38 West Eleventh Residences Miami. Steven Tananbaum’s New York City-based GoldenTree Asset Management is providing the loan, according to a press release. The 44-story, 659-unit short-term rental-friendly condo tower is one…
Groundbreaking Ceremony Held For 57-Story Edge House Miami
In Edgewater, the 57-story Edge House tower is now officially under construction. Developer Grupo T&C held a groundbreaking ceremony on March 27 in Edgewater to mark the start of work. Edge House is being designed by Miami architect Kobi Karp, with interiors by Adriana Hoyos Design Studio. It will include 608 residential condo units, that will be delivered fully finished…
Groundbreaking Expected Next Year For 5,700 Unit Little River Project With New Tri-Rail Station
Groundbreaking “should come next year” for a massive project in Little River, its developer told the Herald last week. The development is up for a vote before the full Miami-Dade commission tomorrow. The plans include a new Tri-Rail station, which will be financed through the creation of a new taxing district encompassing the development area. Other infrastructure improvements…
$350M Riverside Wharf To Have Nightclub Zoned For Alcohol Until 5AM
New details of downtown Miami’s Riverside Wharf have been revealed by its developer, according to NBC6. Groundbreaking is planned for summer 2025, with completion in 2027. The complex will have a two-level nightclub, with zoning allowing it to serve alcohol until 5 AM. There will also be a dayclub, multiple restaurants, and event and meeting spaces.
This mega complex will replace what used to be The Wharf Miami
The Wharf Miami was all the rage when opened in 2017. What was supposed to be a pop-up space became a fixture on the Miami River. It invigorated the commercial area, but in 2023, the space closed. Despite the shutdown, the owners of the venue, Breakwater Hospitality, knew more was possible. They hope their new plan will stick and reshape the landscape of the Miami River.
Multiplan lands $30M construction loan for oceanfront Surfside condos
Multiplan Real Estate Asset Management landed a $30 million construction loan for its planned oceanfront condos in Surfside. Records show Coral Gables-based Bradesco Bank is supplying the financing for Multiplan’s 12-story, 25-unit Ocean House project. The loan allows for borrowing up to $60 million, property records show. Multiplan, led by Brazilian billionaire…
Construction Progress Advances on The Standard Residences, Brickell and LOFTY Brickell
Construction is progressing on The Standard Residences, Brickell and LOFTY Brickell, a pair of high-rise residential towers rising side by side along the Miami River in the heart of Brickell. Both designed by Arquitectonica, the 45-story Standard tower will yield 422 residences and is being developed by Newgard Development Group in partnership with Two Roads Development…
Exterior Work Nearing Completion At The Standard Residences Midtown Miami
Exterior work is nearing completion on The Standard Residences Midtown Miami, a 12-story residential building underway at 3100 Northeast 1st Avenue in Miami’s Midtown neighborhood. Designed by Arquitectonica with interiors by Urban Robot Associates and developed by Rosso Development, Midtown Development, and Standard International, the project…
Finishing Touches Underway for Modera Riverside at 300 SW 2nd Avenue in Downtown Miami
Finishing touches are underway at Modera Riverside, a 36-story residential tower developed by Mill Creek Residential and Adler Development in Downtown Miami. Located at 300 Southwest 2nd Avenue, the project rises east of the Miami River, between the riverwalk and the intersection of SW 2nd Avenue and SW 3rd Street. The tower, designed by Nichols Architects…
YIMBY Scopes Aerial Views of Nearly Complete 54-Story Tower, First Phase of Miami River Mega-Project in Brickell
Nearing completion along the Miami River in Brickell is the first phase of The River District (also known as Miami River), a 4-million-square-foot master-planned mixed-use development by New York-based Chetrit Group. This initial phase features a 54-story residential tower, located at 275 SW 6th Street and 501 W 3rd Avenue, designed by Kobi Karp Architecture…
First Crane Installed To Build Ultra-Luxury Apartment Tower In Edgewater
A construction crane is being installed today at the Edgewater site where an ultra-luxury apartment tower is being built. The 38-story tower will have just 114 apartments, with 291,000 rentable square feet, according to a presentation to investors last year by developer Aimco. The expected direct costs for the tower is listed at $240m in the presentation, which equates to over $2m per apartment.
Miami-Dade Second Fastest Growing County In The Nation Last Year
Miami-Dade was the second fastest growing county in the U.S. last year, according to an analysis of census data by the Miami Association of Realtors. The study looked at the year beginning July 1, 2023 and ending July 1, 2024. Miami-Dade County’s net population increase during the period was 64,211, or 2.3%. That is much faster than the national population growth rate of 1%.
Photo: Major Renovation Underway At Miami Worldcenter Metromover Station
Renovation is underway at the Miami Worldcenter Metrmover station . Earlier this month, county commissioners adopted a resolution renaming it from the Park West Metromover Station to the Miami Worldcenter Metromover Station. In January, the station closed for a renovation expected to last up to six months. Major upgrades are planned, with enhancements including…
Photos: World Square Opens At Miami Worldcenter
World Square recently opened to the public at Miami Worldcenter. The 20,000-square-foot outdoor space is meant to complement Miami Worldcenter’s surrounding retail streets. According to Worlecenter’s developers, it is designed to be a central gathering place, with open space and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail.
Developer Gets Financing For 85-Unit Multifamily in The Roads, Groundbreaking April
In The Roads, a Class A multifamily building is about to begin construction, with a construction loan now secured. Empira Group said it secured $32 million in construction financing for the eight-story development, known as ENSO. Groundbreaking For ENSO is now planned for April, with delivery in 2027. Enso will include 85 units, ranging from one to three bedrooms.
Brickell Property Could Be Added To Rapid Transit Zone
A corner Brickell property could be added to Miami-Dade’s Rapid Transit Zone. The property is located in one of the fastest growing and most densely developed areas in Miami. It is next to Mary Brickell Village and a 20-story, 252-room CitizenM hotel that recently opened. County commissioners are scheduled to vote on the potential addition at an April 1 meeting.
1600 Edgewater Unanimously Approved By UDRB
Miami’s Urban Development Review Board voted unanimously last week to recommend approval of the 1600 Edgewater development. The board recommendation approval came with conditions, including: Elevate the design of the main entry, making it more prominent to pedestrians. Screen the Parking Structure to conceal its internal elements from the exterior.
Yakol to launch sales of Shigeru Ban condos in Miami’s Upper Buena Vista
Yakol Capital Partners is moving forward with plans for a Shigeru Ban-designed condo development in Miami’s Upper Buena Vista neighborhood. Miami-based Yakol, led by William Jacome and Orlando Medellin, tapped Fredrik Eklund of Douglas Elliman’s Eklund-Gomes Team to launch sales later this year of the 12-story, 320-unit development planned…
Miami-Dade commissioners giving away land to favored groups
If Abraham Lincoln had the Homestead Act — the 1862 measure that gave 160 acres of public land to almost any American who agreed to steward it — Miami-Dade County has the Homestead Town Center. In a neighborhood where development sites sell for $1 million an acre, the 24-acre Homestead Town Center went for just $12.4 million in a no-bid deal in which the county…
Related Group promotes Jon Paul Pérez to CEO
In the latest batch of South Florida real estate hiring news, one of the region’s most prominent development scions moved up the ladder as succession plans take effect. Related Group promoted President Jon Paul Pérez to CEO as part of its succession plans, a spokesperson confirmed. Jon Paul Pérez, Related founder Jorge Pérez’s son, will also remain in his role as president…
Lease roundup: Ideal Nutrition opening at Prologis warehouse, hospice provider Vitas expands in Miramar
Healthy meal delivery service Ideal Nutrition will expand in Palm Beach County. Ideal Nutrition, led by CEO Wolfgang Brunet, leased a 43,200-square-foot warehouse at the Prologis Airport Center at 6017-6059 Southern Boulevard in an unincorporated area of the county, according to a news release from the tenant’s broker. The tenant is expected to move in this year.
Public Storage beefs up Plantation presence with $57M facilities purchase
Public Storage expanded its portfolio in Plantation after dropping a combined $57.3 million for two facilities. In the larger deal, Glendale, California-based Public Storage, led by CEO Joseph Russell Jr., paid $36.2 million for a complex with one four-story building and two one-story buildings with a combined 165,252 square feet of self-storage space, records and real estate…
Gazit Horizons Buys Galt Ocean Marketplace Shopping Center in Fort Lauderdale for $35.4M
Miami-based Gazit Horizons Inc. has purchased Galt Ocean Marketplace, a 105,589-square-foot shopping center situated on a linear 8.6-acre site along A1A in Fort Lauderdale. The seller, an affiliate of a joint venture between Evergreen Investment Advisors and Kitson & Partners, sold the grocery-anchored property for $35.4 million. Casey Rosen, Dennis Carson…
Pinnacle advances 196-unit Live Local affordable housing project in Fort Lauderdale
Pinnacle Housing Group and its partners advanced its plan to build a 196-unit Live Local Act affordable housing complex with separate buildings for seniors and workforce tenants in Fort Lauderdale’s Cypress Creek area. The Fort Lauderdale City Commission last week approved a $640,000 loan commitment to help the Miami-based developer finance construction…
Will Pinnacle’s apartment project near Fort Lauderdale waterfront fetch $50M-plus?
Pinnacle Housing Group’s two-year-old apartment project near Fort Lauderdale’s waterfront is hitting the market, and the listing brokers are expecting offers in the $50 million-plus range. Miami-based Pinnacle completed Elyps, an eight-story building with 140 units at 2500 Southwest 22nd Terrace, in 2023, records show. The development firm is led by partners Louis Wolfson III…
Gazit Horizons doubles South Florida retail portfolio with $35M purchase
Gazit Horizons acquired a grocery-anchored shopping center near Fort Lauderdale’s oceanfront for $35.4 million, doubling its South Florida retail portfolio. An affiliate of Gazit Horizons, the Miami-based U.S. arm of Israeli real estate firm Gazit Globe, paid $35.4 million for Galt Ocean Marketplace at 3700 and 3800 North Ocean Boulevard, according to a press release.
Behind the development boom coming for Broward County
Ask a toddler to draw picture of a beach, and it would probably look like the one in Fort Lauderdale. The sand is white and the water is blue. The palm trees offer sparse shade. On a March day, spring breakers sprawl across the sand. They’re young and sunburned, and they flock to the strip lined with spring break spots: the Elbow Room, Señor Frog’s and the Drunken Taco.
Pulte drops $40M on homesites near Palm Beach Gardens
PulteGroup dropped $39.5 million on homesites for its planned Reserve at Eastpointe luxury single-family community near Palm Beach Gardens. Records show Pulte bought the sites at the intersection of Donald Ross Road and North Jog Road from an affiliate of Fort Lauderdale-based GT USA. The Atlanta-based homebuilder had already paid $4.7 million for eight sites…
Lynd JV scores $133M refi for new 401-unit apartment complex at Tuttle Royale
Lynd and its partners scored a $132.5 million refinancing for their newly finished 401-unit apartment complex at Royal Palm Beach’s Tuttle Royale mixed-use development. The San Antonio, Texas-based firm this year completed Villas at Tuttle Royale with 26 three-story buildings and 55 townhomes for rent at 11200 Nicole Drive, according to a Lynd news release. The complex includes…
From Retreat to Residence: Why Billionaires Flock to Palm Beach County
Palm Beach County has long been synonymous with luxury, exclusivity and a prestigious coastal lifestyle. Over the past few years, the region has undergone a dramatic transformation, evolving from a seasonal retreat to a year-round hub for ultra-high-net-worth individuals. The shift has been driven by an influx of affluent buyers and high-profile business leaders, who have reshaped…
Steve Ross commits $50M to Vanderbilt’s West Palm Beach campus
Steve Ross committed a $50 million donation to Vanderbilt University for its planned West Palm Beach graduate school campus, an expansion the billionaire developer has championed since its inception. Including his donation, the school has raised a total of $77 million toward its $300 million fundraising goal for the project, a spokesperson confirmed.
Steve Ross advances plan to develop private school in West Palm Beach on 55 acres of city-owned land
Billionaire developer Steve Ross advanced his plan to develop a kindergarten-through-12th-grade private school on 55 acres of city-owned land in West Palm Beach near Florida’s Turnpike. The West Palm Beach City Commission on Monday voted unanimously to declare the 55-acre site as surplus city land and authorize negotiations based on a term sheet for the sale of the property…
Work-from-Anywhere Trend Pushes Rents Ahead of U.S. Norm in Florida Beach Towns
The COVID-19 pandemic inspired a mass migration to U.S. beach towns. When offices were shut down and employees were allowed to work from anywhere, many people moved to the beach. As a result of increased demand for apartments and limited supply along the Florida coastline, rents jumped notably across the state in 2021. Three years later, the gap created by those…
Moody’s National CRE Monthly Update: March 2025
Wait-and-See Approach to Monetary Policy Keeps CRE in Limbo Summary After a full percentage point reduction in the federal funds rate between the September and December 2024 Federal Open Market Committee (FOMC) meetings, the effective federal funds rate has remained flat at 4.33% since then. Meanwhile, the benchmark 10-year U.S. Treasury yield has remained…
Commercial real estate battles to stay in the mix ‘till 2026
Can private credit serve as a lifeline in turbulent waters? Breaking the ice The commercial real estate market has been relatively frozen for the past few years. With limited transactions and difficult financing conditions, the market has been unable to find a bottom, which has made true price discovery almost impossible. We’re only now seeing the market thaw for distressed…
Considering a Sale-Leaseback? Get Real About Value
In the world of commercial real estate, sale-leaseback transactions have become an increasingly popular financial strategy as interest rates have risen significantly from their post pandemic lows in December 2021. Unlocking the capital within corporate real estate facilities provides an excellent alternative to traditional debt financing. When it comes to evaluating…
E-Commerce Growth May Drive Logistics Space Demand Nationally To 30% By 2030
If the explosive growth of e-commerce continues as expected beyond 2024, it is likely to increase demand for logistics space from 24% now to 30% by 2030, and cross-border retailers like Shein and Temu will be a significant cause. A new analysis by Prologis of the impact of the e-commerce boom on logistics real estate found that in 2024, online retail accounted for 56%…
Self Storage in 2025: Treading Water
Earlier this month, Extra Space Storage and Public Storage offered valuable commentary during their annual earnings conference calls. Here are some of the important highlights: Pricing Power: We’ve Found Stable Ground. Throughout 2024, the introductory (teaser) rates offered to new customers underwent a steady decline. These lower rates were due to a mix of strategy…
Video: K.C. Conway on the Impact of Tariffs & Administration Policies
Tariffs, Inflation, and Real Estate: A Deep Dive into Today’s Economy with K.C. Conway In a fast-moving episode of America’s Commercial Real Estate Show, the show’s host sat down with renowned economist K.C. Conway to unpack what’s happening in today’s economy—and what it all means for commercial real estate. With topics ranging from tariffs and inflation to the fallout…
Q1 Moody’s CRE Preliminary Trend Analysis
Q1 2025 Snapshot: Core CRE sector performance remained steady in Q1 2025. Multifamily is finding equilibrium after years of frictional oversupply. The office is still hindered by the evolution of remote working and uncertainty over utilization. Retail has finally rightsized, while industrial is rebalancing after strong growth in both demand and supply in recent years.
Video: MSCI Research Executive Director Jim Costello Provides Transaction Volume Forecast 2025; Navigating Distress, Opportunity, and Recovery
In a recent episode of America’s Commercial Real Estate Show the show host sat down with Jim Costello, seasoned economist from MSCI where he co-heads the real-assets research team with responsibility for the Americas, to unpack the state of commercial real estate as we move through 2025. The conversation offered a deep dive into transaction volumes, sector-specific…
The Fed: Do delinquency rates anticipate recessions?
Recent research has linked macroeconomic shocks with household financial distress. For instance, José Mustre-del-Río, Juan M. Sánchez, Ryan Mather, and Kartik Athreya show that regions with a higher share of credit card delinquency had more severe responses to macroeconomic shocks during the past two recessions. This post takes the topic a step further by…
FOMC Summary of Economic Projections, March 2025
Every quarter, FOMC meeting participants submit their projections of key economic indicators. The committee releases the Summary of Economic Projections (SEP), containing the median, central tendency, and range of these projections: civilian unemployment rate headline and core PCEPI real GDP growth and the federal funds rate. Projections are generally provided for the current…
The post Miami Commercial Real Estate News April 2, 2025: $3B Little River MXU Development Approved; $2B MXU Development Announced for Midtown Miami; More… appeared first on Hawkins Commercial Realty.
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