Real Estate Blog

Attention, brokers: Here’s what’s happening with the world’s ultra-wealthy

From the New York website: The number of ultra-high net worth individuals - those with assets of $30 million or more who've got the funds to purchase the world's most desirable properties - jumped 42 percent over the passt decade to 193,000 worldwide, according to a new Wealth Report from...

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A Trump Hotel in every major US city?

Trump Hotels is looking to expand from five to all 26 major metropolitan areas in the U.S., CEO Eric Danziger said Tuesday. “I don’t see any reason that we couldn’t be in all of them eventually,” Danziger added. The company, which currently manages eight hotels bearing the president’s name, is also looking...

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Creator of FENDI Miami planning big project for Downtown Miami

  The Chateau Group is rethinking its plans for two sites in downtown Miami.  The developer originally planned to develop the properties at 600 and 700 Biscayne into separate projects, but an unnamed executive told The Next Miami that after considering nearby projects and alternative options, Chateau will combine the sites into...

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Mexican billionaire drops $6.5M on Porsche Design condo

Porsche Design Tower in June A company tied to Mexican billionaire Carlos Peralta Quintero paid $6.54 million for a condo at Gil Dezer’s Porsche Design Tower.   Peralta is the chairman and CEO of Grupo IUSA, a Mexico City-based conglomerate with businesses in the manufacturing, metering systems, automotive, education, agriculture, publishing, telecommunications and other industries,...

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Wells Fargo signs downtown Miami’s biggest lease of 2016 for $32M

Just in time for the holidays, Wells Fargo has inked downtown Miami’s biggest office lease so far this year in a deal valued at $32 million.

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