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In the wake of the tragic collapse of Champlain Towers South in Surfside, Florida, in June 2021, which claimed 98 lives, the state has undergone one of the most significant condominium law reforms in its history. The changes, enacted through a series of legislative updates between 2022 and 2025, aim to enhance building safety, improve financial transparency, and ensure long-term sustainability for Florida’s vast condo market—home to over 3.3 million residents across 1.5 million units.While the reforms have introduced new responsibilities for condo associations and unit owners, they also reflect a broader effort to restore confidence in Florida’s aging condo...
South Florida’s commercial real estate market is defying national trends and economic headwinds, recording a remarkable 10% year-over-year increase in sales volume during the first half of 2025. According to MIAMI REALTORS® Commercial Economic Insights, the tri-county region—Miami-Dade, Broward, and Palm Beach—reported $5.6 billion in commercial transactions across the multifamily, office, retail, and industrial sectors.This double-digit jump is more than a statistic; it reflects growing investor confidence, strategic acquisitions, and steady population growth that continue to reshape the region’s economic and urban landscape.Office Sector: Leading the RecoveryThe office sector doubled its sales volume, reaching $1.4 billion, representing a 110% increase...
In the wake of Zohran Mamdani’s surprise victory in New York City’s Democratic mayoral primary, a new wave of migration is gaining momentum—this time with a sharper sense of urgency. High-net-worth individuals, investors, and families alike are accelerating their plans to relocate to Florida, citing economic uncertainty, tax burdens, and lifestyle shifts as key motivators. But Mamdani’s win didn’t create this trend—it simply poured fuel on a fire that’s been smoldering for years.Political Shockwaves and Economic AnxietyMamdani’s platform, which includes rent freezes and expanded tenant protections, has rattled New York’s luxury real estate market. According to Newsweek, within 24 hours...
South Florida has long been a beacon for real estate investment, but in 2025, it’s not just shining—it’s blazing. From Miami to West Palm Beach, the region is experiencing a multifamily renaissance fueled by demographic shifts, economic resilience, and investor-friendly policies. Whether you're a seasoned institutional buyer or a first-time multifamily investor, South Florida offers a rare blend of opportunity, stability, and upside.Population Growth and Migration TrendsFlorida’s population is booming—and South Florida is leading the charge. The state is expected to surpass 23 million residents in 2025, with over 250,000 new residents added annually, according to the University of Florida’s...
When Ken Griffin, billionaire founder of Citadel and Citadel Securities, declared that “Miami is unequivocally one of the great up-and-coming cities, not just in Florida, not just in America, but in the world,” he wasn’t speaking in hyperbole—he was articulating a vision backed by billions in investment, a shifting financial landscape, and a city rapidly transforming into a global powerhouse.From Sun and Sand to Finance and FortuneHistorically known for its beaches and nightlife, Miami has undergone a seismic shift in identity. Once dismissed as a seasonal playground, the city is now a year-round magnet for capital, talent, and innovation. Griffin’s...
In 2025, Miami has once again proven itself as a global magnet for wealth, ranking No. 2 in the U.S. for luxury real estate markets where the ultra-rich are buying. This isn’t just a fluke or a fleeting trend—it’s the result of a decade-long transformation powered by international appeal, tax advantages, and a booming high-end property sector. Let’s explore the key factors that have propelled Miami to this elite status.A Surge in Ultra-Luxury SalesAccording to data compiled by Miller Samuel and reported by the Wall Street Journal, Miami-Dade County saw a 48% increase in $10 million-plus home sales between 2024...
Miami has secured the No. 2 spot in the 2025 U.S. Investor Intentions Survey, reinforcing its position as one of the hottest markets for commercial real estate investment. With a thriving economy, population growth, and infrastructure expansion, Miami’s competitive edge continues to attract global investors.In a world of economic uncertainty, investors are constantly seeking safe havens. As stock markets wobble and gold prices soar, one asset class continues to shine with unwavering resilience: Florida real estate. For international buyers looking to preserve wealth, generate income, and enjoy long-term appreciation, the Sunshine State offers unmatched opportunities.The Global Investment Landscape in 2025Recent...
Miami has positioned itself as the second most attractive market in the United States for real estate investment in 2025, according to CBRE's 2025 Investment Intentions Survey. With a growing economy, an increasing population, and expanding infrastructure, this city remains a key destination for investors from around the world.Miami's Economic Boom: Foundation for Real Estate Growth1. An Expanding Economic CenterMiami's economic resurgence in 2025 is supported by key sectors, including:Finance and Banking: Miami has established itself as an international banking center with more than 1,400 financial firms operating in the city.Technology: Known as "Silicon Beach," Miami has experienced a 35%...
Fort Lauderdale’s skyline is undergoing a dramatic transformation, with taller and taller towers reshaping the city’s economic and real estate landscape. This surge in high-rise development is not just about aesthetics—it’s a powerful driver of economic growth, investment, and urban evolution. In this article, we’ll explore how these towering structures impact the economy and real estate market, backed by data, statistics, and expert insights.Economic Impact of Tall Towers in Fort LauderdaleA Booming Downtown EconomyDowntown Fort Lauderdale has seen a $35.7 billion annual economic impact, marking a $6 billion increase from 2019 levels. This accounts for 29% of Broward County’s GDP...
Miami has been making waves in the real estate world, and 2025 is no exception. According to the latest April 2025 Office National Report by CommercialEdge, Miami has emerged as the U.S. city with the lowest office vacancy rate, standing at 15.5%. While cities such as Austin (28.5%), San Francisco (26.9%), and Chicago (21.4%) struggle to fill their empty offices, Miami’s real estate sector continues to thrive. So, what’s behind this impressive statistic? Why is Miami bucking the trend while other cities struggle? Let’s break it down with data, expert...
Miami-Miami Beach has emerged as the fastest-growing employment hub in the United States, boasting the lowest unemployment rate among major metropolitan areas. This economic surge is reshaping the local real estate market, driving demand for housing, commercial spaces, and investment opportunities. In this article, we explore the factors behind this growth, its impact on the economy, and the evolving real estate landscape. Miami-Miami Beach’s Employment Boom Record-Breaking Job Growth The Miami-Miami Beach-Kendall metropolitan division recorded a 1.6% increase in nonfarm employment in March 2025, surpassing the national average of 1.2%....
Formula 1 has officially solidified its presence in South Florida, as the Miami Grand Prix contract has been extended through 2041, ensuring that this world-class event continues to boost Miami’s economy for the next decade and beyond. The decision follows the record-breaking attendance of 275,000 fans from May 2-4, 2025, reinforcing its importance to both local businesses and international motorsports. Since its inaugural race in 2022, the event has contributed over $1 billion in economic impact to Miami, with that number set to rise significantly in the coming years. But...
Coral Gables, known for its Mediterranean charm and vibrant commercial corridors, has experienced an unprecedented economic expansion in 2025. With over 10,000 businesses flourishing, the city has become a beacon of opportunity for entrepreneurs, investors, and property buyers. This surge is not just a local success story—it’s a testament to Coral Gables’ strategic planning, economic resilience, and investor-friendly environment. The Rise of 10,000 Businesses: How Did It Happen? The foundation for this boom was laid years ago through smart city infrastructure, tax incentives, and a thriving commercial real estate market....
In the last decade, Miami has emerged as one of the fastest-growing cities for millionaire population growth worldwide, now ranking No. 5 globally. With a staggering 94% increase in millionaires between 2014 and 2024, Miami has positioned itself as a premier hub for high-net-worth individuals (HNWIs) and global investors. This shift is not only reshaping the city’s economic landscape but also transforming its real estate market in profound ways. A Surge in Wealth: The Numbers Behind Miami’s Rise From 2014 to 2024, the number of millionaires residing in Miami surged...