The talk of re-bound, recovery and strength in the real estate market is growing and now we have further evidence from one of Miami’s own. Miami-based Lennar Corporation, the largest U.S. homebuilder by market value, reported last month that not only did it exceed analysts’ expectations for its fiscal fourth quarter, it crushed them- citing… Continue Reading
Lindsey B. Zohn
Lennar’s 2012 Sales Revenue Exceeds Expectations
Is Miami’s Housing Market Getting Better? Depends on Who You Ask
Miami’s real estate market has always been the topic of dinner table conversations – with the ebbs and flows of its success closely tied to the economy. Not surprisingly, as the economy starts to (slowly) pick itself back up, the conversations about investment and opportunity are also on the rise. Are we faring better…or worse?… Continue Reading
Impact of Lehman Collapse on South Florida’s Hospitality and Tourism Industry
Study Indicates Economic downturn more detrimental than 9/11 The economic downturn– which peaked on September 15, 2008 with the bankruptcy filing by Lehman Brothers– touched every corner of our world in unique and significant ways, including South Florida’s hospitality and tourism industry. Remarkably, studies are now revealing that the effect of Lehman’s collapse on South… Continue Reading
Foreign Investors Buying Miami Commercial and Residential Properties
Buyers, both domestic and foreign, are capitalizing on Miami’s continuing commercial and residential investment opportunities. Recent details of new deals and reports reaffirm that Miami is still where everyone wants to be. The Van Dyke Café’s New Landlord The Van Dyke Café, located in the 1924 iconic Van Dyke building originally developed by Carl Fisher and… Continue Reading
Miami Ranked in Top 3 U.S. Hotel Markets
Posted in Hospitality, Leisure & Restaurants With Miami’s sandy beaches, cultural sophistication and international exposure, it is no surprise that the city has positioned itself in 2012 as a sought-after domestic and international tourist destination. Miami is outperforming national averages and standing out as one of the top markets for hospitality in the U.S. According to data assembled by Smith Travel… Continue Reading