The City of Miami continues to emerge as a top global destination for the über-wealthy. According to Knight Frank’s annual Wealth Report (2015), Miami is ranked 6th globally, 2nd in the U.S. and will remain among the world’s top 10 most important cities to Ultra High Net Worth Individuals for the next decade. The wealth report … Continue Reading
Miami’s second annual eMerge Americas Conference marks another milestone in the city cementing itself as a hub for tech startups and entrepreneurs. In the last 18 months, Miami has established and cemented many of the key components it will need to continue to mature as a global hub for tech, including the growth of collaborative workspaces, … Continue Reading
Bilzin Sumberg invites you to visit our booth at the eMerge Americas Conference on May 1-5 at the Miami Beach Convention Center. More than 10,000 attendees are expected to engage in networking events and interactive sessions which will serve as a platform to connect innovators, investors and thought leaders across North America, Europe and Latin … Continue Reading
More so than ever, wealthy Chinese investors are actively seeking returns abroad when it comes to real estate investments. China’s 2014 GDP growth of 7.4% was the slowest since 1990 and China’s growth outlook is gloomy due to its impending real estate bubble. Chinese developers have demonstrated in the past few years that they are not afraid … Continue Reading
On February 25, 2015, Suzanne Amaducci-Adams moderated the first event in the Greater Miami Chamber of Commerce’s three-part series, Transforming Miami: The Game Changers Series. With intimate knowledge of Bilzin Sumberg’s work on the projects of the featured speakers, Suzanne guided a discussion that covered issues concerning Miami’s growth, infrastructure needs, current real-estate development trends … Continue Reading
The University of Miami held its fourth annual Real Estate Impact Conference on February 18th at the JW Marriott Marquis Miami in Downtown Miami. In front of a standing room only crowd of approximately 600 people, both local and national real estate heavyweights spoke on topics such as Retail Evolution and Revolutions, New Concepts in … Continue Reading
Guest blog post written by Max Comess, Director, HFF Hotel Group. In January, our team attended the Americas Lodging Investment Summit (ALIS) conference, one of the largest hotel investment conferences in the world, at the JW Marriott hotel in downtown Los Angeles. A reported 2,800 people registered for this year’s conference, just a fraction of the overall … Continue Reading
Renowned economist Hugh F. Kelly (PhD, CRE), Clinical Professor in New York University’s Schack Institute of Real Estate and the 2014 national Chairman of The Counselors of Real Estate, led a discussion at a CREW-Miami luncheon regarding issues affecting the commercial real estate market in 2015 and gave his annual economic predictions. Some of the … Continue Reading
Once again, Miami is making headlines as it continues to establish itself as a burgeoning tech hub. The upcoming 2nd annual tech conference eMerge Americas, scheduled to take place on Miami Beach on May 1-5, 2015, has a new partner: On Wednesday, NBC Universal and Telemundo announced a multi-year exclusive global media partnership with eMerge Americas. This partnership … Continue Reading
In the weeks ahead, our New Miami Blog will present a series that asks how Miami can become the nation’s premier center for education, innovation and entrepreneurship in global trade. We will invite PortMiami leadership as well as community leaders in logistics, trade organizations, shipping, real estate, education, finance and technology to share their insights and … Continue Reading
Last week more than 75,000 art aficionados and celebrities from around the globe descended upon Miami for the 2014 edition of Art Basel Miami Beach. What began in 2002 as a winter outpost of the original Art Basel in Basel, Switzerland, the Miami Beach show has now overtaken its older sibling as the world’s largest … Continue Reading
Canadian Real Estate Brokerage Avison Young, Inc. recently expanded its U.S. reach when it announced last week that it entered into a definitive agreement to acquire Miami-based commercial real estate brokerage and property management firm Abood Wood-Fay Real Estate Group, LLC. The purchase will net Avison Young control of over 20 million square feet of … Continue Reading
Guest blog post written by Marc-André Hawkes, Senior Trade Commissioner, Canadian Consulate General in Miami. Thinking of Canada conjures up a variety of images. Some will picture soaring mountains and crystal clear lakes surrounded by snow; others will focus on the world’s strongest banking sector and low corporate tax rates; while others still may have eyes only for the … Continue Reading
Known as the Cargo Gateway to the Americas and currently home to 13 cruise lines, Port Miami is a vital economic anchor of Miami -Dade County. The Port employs more than 200,000 in the South Florida region and contributes $27 billion annually to the local economy. While more than 4 million cruise passengers traveled through the … Continue Reading
South Florida’s burgeoning tech-startup scene has helped catapult the region into one of the nation’s fastest growing high-tech hubs, luring not just innovative entrepreneurs, but all manner of high-tech workers hoping to capitalize on the next big idea as well. The high-tech workers heading to South Florida will be happy to know that this growth … Continue Reading
On September 3rd, the Miami-Dade Board of County Commissioners adopted the resolution directing the Mayor to develop a plan to establish a Chinese Consulate-General in Miami, by a 12-0 vote. Currently, the Chinese Consulate-General in Houston covers Florida as part of its consular jurisdiction. A Chinese Consulate-General located in Miami-Dade County would not only alleviate … Continue Reading
Guest blog post written by Seth Werner, Chairman/CEO Harbour Real Estate Corporation. In 2013, Miami raked in about $300 million in venture capital, a staggering jump from previous years. While Miami has always had its fair share of entrepreneurial activity, historically it has had issues with keeping many startups. That’s quickly changing. Contributing to the … Continue Reading
With all the current and planned building projects taking place in South Florida, it seems the recent real estate crash has largely been forgotten. However, the collapse still haunts traditional lending institutions, many of whom are unwilling or unable to finance Miami’s present building boom. Further, as Jeff Bartel, chairman of Benworth Capital Partners LLC … Continue Reading
Miami, once the poster child for the recent housing bubble and subsequent crash, now has the strongest housing market in the U.S. and is one of the exclusive high-end real estate “export” economies in the world. This remarkable transformation is due largely to the huge influx of foreign cash, according to a recent Miami Downtown … Continue Reading
The Port of Miami Tunnel’s opening on Sunday, August 3, 2014 marked a rousing day for Miami. Not just because police cruiser sirens, motorcyclists and tractor trailers inaugurated new, underwater lanes for thousands of vehicles to soon follow, but because it signaled a great accomplishment in the world of public-private partnerships that will benefit Miami … Continue Reading
Guest blog post written by Will Corbin of The Beacon Council. On July 23, more than 200 people attended The Beacon Council’s New Leaders Taskforce “Why Miami?” panel discussion, which provided an overview of Miami and its business and civic assets. The program was geared towards young professionals who are new to the Miami area, … Continue Reading
Long since a top destination for Canadian ‘snowbirds,’ Florida is quickly solidifying its position as a center for Canadian investment. Miami-based Canadian Consul General Louise Leger recently made an official visit to Pensacola, Florida. Leger is a 34-year veteran of the Canadian foreign service specializing in international business, and has been the Canadian government’s top trade … Continue Reading
Miami’s Planning, Zoning and Appeals Board has approved a change in the city zoning ordinances that would allow the densest mixed-use building in the area to be constructed. The application still requires approval before the City Commission. The Board voted 7-1 in favor of developer Wynwood 250‘s request for a zoning change, giving it the ability … Continue Reading
While the rest of the country is slowly pulling itself out of recession, Miami is in the midst of a building boom that not only signifies its strong recovery, but is putting South Florida on par with New York City as a global power center. At the time of the 2008 economic downturn, Miami had … Continue Reading
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