More wealthy vacationers resort to private islands Richard Branson’s Necker Islands in the British Virgin Islands rents for $78,000 a night November 28, 2015 03:00PM Kamalame Cay in the Bahamas. Private-island vacations are becoming more popular, and while many are prohibitively expensive, even vacationers on a modest budget can afford one. Jack Ezon, president of…
Miami home prices see four years of consistent growth Homes are also selling three days faster than last year November 24, 2015 12:00PM Miami’s skyline Home prices in Miami-Dade County saw yet another month of growth during October, marking more than four years of consistent appreciation. Prices for condos and single-family homes rose significantly compared…
RedSky Capital pays $400 psf for vacant land in Wynwood Lots last sold for a combined $2M between 2013 and 2015 November 24, 2015 11:15AM By Katherine Kallergis Fortis Development Group sold a vacant development site for $400 per square foot to Brooklyn-based RedSky Capital, Miami-Dade County records show. In October, Fortis completed 250 Wynwood, a six-story building…
An affiliate of Miami-based developer Ytech International bought a group of 188 apartments in Miami Beach for $27.15 million. Grand Beach LLC, managed by Roland Faith and Roy Faith, sold the 11 neighboring properties to Ytech-180 Units Miami Beach Investment, headed by Ytech Chairman and CEO Yamal Yidios. The company has developed residential and commercial…