South Florida’s Appeal Reaches International Levels
by Sep Niakan | April 04, 2014
Residential and commercial real estate markets in South Florida are popular with international investors, as well as homeowners who want to get close to the downtown cores.
The third annual University of Miami Real Estate Impact Conference held about 200 people, and included a keynote session from Starwood Capital Group CEO, Barry Sternlicht, and was moderated by UM President Donna E. Shalala. Sternlicht noted hotel room rates in Miami, plus the local occupancy rates, in addition to the extremely popular events, such as the Miami International Boat Show and the South Beach Wine and Food Festival, made Miami a popular place to visit and live.
Sternlicht said that Florida’s lack of income tax brings in companies and successful individuals to reside. “Everyone wants to come here,” he said. “Also, you have really low taxes.” The generation of baby boomers are coming to Miami because of the low state taxes. Sometimes even those who are not as successful.
Miami is reaching international levels, due to its low tax rates, its booming social scene, and its prestige for being one of the best places to live.
by Sep Niakan | February 22, 2017
A previous blog on how a petition to privatize an alley adjacent to Cité Condo sparked rumors of a new hotel coming to Edgewater did spark another thought process. It seems the latest trend for developments in Edgewater is to either be a...
by Sep Niakan | February 15, 2017
Miami has always been a melting pot of cultures. From the Bahamians that came to work at the Peacock Inn in the 1870s to influx of Cuban immigrants in the 1960s. Miami didn’t just welcome people with open arms, but also embraced their...
by Sep Niakan | February 14, 2017
Valentine’s is just around the corner, and while most people equate Valentine’s Day with romantic love, I prefer to celebrate love in a broader sense. To me, it’s more about celebrating bonds and relationships of all kinds,...
by Sep Niakan | February 12, 2017
If you thought living in Downtown Miami was a distant dream, think again. 2017 comes bearing great news for those who’ve always wanted to live close to the urban core but couldn’t afford it. You will now be able to rent a Downtown Miami...