• Icon South Beach #2206 - $1.275M

    Icon South Beach #2206 - $1.275M

  • Faena House - Miami Beach

    Faena House - Miami Beach

  • One Ocean - Miami Beach

    One Ocean - Miami Beach

$ 500 Million L.A. Mansion

Nile Niami, a film producer and speculative residential developer, is looking to sell the most expensive home in history for $500 Million.  Located in L.A.'s Bel Air neighborhood, this 100,000 square foot compound will feature a 74,000 square foot main residence.  The master bedroom alone will reach 5,000 square feet.

500m resi01

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$50M Faena Penthouse finds Buyer

The Wall Street Journal reported that the duplex penthouse at Faena House has found a buyer.  As the most expensive condo ever to be listed in Miami Beach, it is believed a new record will be established with this sale, surpassing the $27M sale at the Setai Resort and Residences.  The penthouse at Faena House boasts 8,273 square feet of interior space and almost 10,000 square feet of outdoor space.

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All Aboard Florida: Station Rendering?

All Aboard Florida recently unveiled a new website, complete with much more detail on the project as well as a fairly developed rendering of what appears to be the Grand Central Station for Miami.  Consistent with earlier descriptions of the project, the rendering shows the train level as elevated above grade as well as vehicular traffic passing under the structure.

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Economist: Miami to resemble Manhattan?

Read this excerpt from the recent Economist article Erectile Resumption:

"The recovery has been partly driven by low interest rates and bottom-fishing by private equity, which helped to clear excess inventory. But the biggest factor is that the city nicknamed the “Capital of Latin America” has attracted a flood of capital from Latin America. Rich people in turbulent spots such as Venezuela and Argentina are seeking a safe haven for their savings."

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