Category: Regional News

Costa Hollywood is doing closings now!

Costa Hollywood Living Area of one of the units.

A new icon in Hollywood beach – Costa Hollywood Hotel and Resort After a long construction period, finally Costa Hollywood Hotel and Resort is closing on private owner properties.  As today, December 2017 amenities are yet to be opened but with a good progress. Below you can see current pictures of this beautiful resort that […]

Pembroke Pines City Center Opens Today

Pembroke Pines City Center Opens with Energy Packed Night

Drumline Live performs at Pembroke Pines City Center Opening Night City officials like Mayor Ortiz, Commissioner Schwartz and Commissioner Castillo were at this first presentation. The just opened Pembroke Pines City Center featured DRUMLine Live.  They performed a creative and full of energy show.  It is an entertaining show honoring the Historically Black College and University […]

Impact on Foreign National of the Changes to the FIRPTA Regulations.

FIRPTA regulations

FIRPTA regulations passed by the US Congress.  US Congress passed recently some changes that will affect foreign national sellers. Foreign Investment Real Property Tax Act – is a law from 1980. FIRPTA regulations provide that the Buyer must withhold a tax of 10% of the contract price if the Seller is a foreign national. This amount has to be sent to […]

Lincoln Road Mall Revamp Plan

Lincoln Road Mall

Take a peek at the new Lincoln Road Mall Plan Released   This is one of the main attractions for tourists in South Beach Lincoln Road Mall has been getting lots of attention lately. Very important fashion brands and restaurants have been opening in the area. An area for children to play with open space, […]

Thor Equities bets $41.5M in Wynwood Walls

Wynwood Walls – Neighborhood continue to receive multimillionaire investments Thor Equities invested $41.5 million in Wynwood Walls making the most anyone else paid for a property in the red-hot Miami neighborhood. The firm based in New York also owns several properties in the Design district, Collins Avenue and Lincoln Road in South Beach. The land could be used to […]

New Generation Home Buyers

NAR Home Buyer Report

Young Home Buyers are back on the Market National Association of Realtors generates every year a study relating Home Buyer statistics with their Generation.  This is the second year where millennial Buyers appear first on the list.  Young Adults are considering Home Ownership as a good investment.  Another interesting fact is the way new buyers […]

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