Call them “The Game Changers,” ambitious investors and developers who wield plenty of clout as the region emerges from a recession and protracted real estate collapse.
From mysterious, media-shy New Yorkers to prominent Argentine developers to acquisitive locally based landlords, meet the players who are making their mark on South Florida’s evolving real estate industry:
On the road to ‘urban destination’
Developers are pushing ahead with dense, mixed-use projects designed to bring living, working and entertainment needs to a closely defined area.
Midtown Miami offers path to ‘urban destinations’
The Midtown Miami complex could serve as a case study for developers seeking to build urban destination projects in the city’s Design District, Hollywood and Delray Beach.
Firm pays big for region’s ‘two best properties’
Consultatio is emerging as a power player in South Florida’s next residential development wave after it bought the Bal Harbour Beach Club headquarters and the former Sonesta Beach Hotel in Key Biscayne.
Lending still tough despite low interest rates, flush banks
Lending and the economy typically go hand in hand, so it isn’t surprising that the slowest recovery since World War II has been accompanied by a very sluggish rebound in lending for commercial real estate.
Trophy deals make firm a dominant player in Miami
When Boca Raton-based Crocker Partners bought the 34-story Miami Center two months ago for a reported $262.5 million, it became the largest owner of office space in downtown Miami.
New strategy takes it one luxury project at a time
Developer Gil Dezer is confident but cautious as he outlines an ambitious strategy to build one high-end condominium tower at a time.
Buyers required to put down 70 percent of condo unit’s price
Foreign buyers, particularly Latin Americans, were hailed as South Florida’s saviors during the recession and the slow recovery of the condominium market.
Developer makes big bet on rehabbing South Beach hotel
The Chetrit Group is working to turn a collection of eyesores into an eye-catching hotel near the Miami Beach Convention Center.
