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MIA Named Best Airport In North America For Cargo Logistics

  • May 23, 2018
  • Infrastructure
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On May 15, Miami International Airport was named Best Airport in North America at the 2018 Asian Freight, Logistics and Supply Chain (AFLAS) Awards ceremony in Shanghai, in recognition of its excellence in the global air cargo sector over the past year. The awards program, hosted and organized annually by industry publication Asia Cargo News,
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It’s a scenario that plays out over and over in cities across the country: A small business in a hip neighborhood closes, the storefront is left empty for months — maybe years — and then eventually gets replaced by a national chain. Whether it’s gentrifying Brooklyn, Greenwich Village in Manhattan or Miami Beach, the coffee shops, boutiques and eateries
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Bridge Development Partners announced it has secured $75 million in financing to develop its Bridge Point Commerce Center project in Miami Gardens. Strategically located between Miami-Dade and Broward Counties on a 186-acre site with direct frontage on the Florida Turnpike, the Class-A industrial park will encompass 2.1 million square feet at full build out. Phase 1 of the
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Non-bank real estate lending has become much more prominent in the wake of the financial crisis as banks pulled back dramatically from this asset class, which played such a large role in causing the crisis. With the U.S. government and regulators injecting hundreds of billions of dollars to avoid a collapse of the financial system, banks
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Will Self-Driving Cars Accelerate Development?

  • April 25, 2018
  • CRE
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If driverless cars and buses become the standard mode of transport, developers could have a lot more land to play with. Parking lots, garages and street-level parking could become less vital, leaving more room for projects, an executive focused on the self-driving car and autonomous vehicle space said at the Greater Miami Chamber of Commerce’s
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According to the Mortgage Bankers Association’s 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation, U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017. “2017 was a very strong year, driven by solid property fundamentals, rising property values, low interest rates, and a ready supply of mortgage capital all contributing
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Executives From Grass River, LNR Form Commercial Lending Firm

  • April 11, 2018
  • Capital Markets
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A new commercial real estate finance firm has been established in Miami with 26 employees, including key executives who currently work at Grass River Property. The new 3650 REIT aims to provide first mortgages, bridge financing, investments and loan servicing nationwide. Several of its founding executives also work at Miami-based Grass River, which co-owns CocoWalk
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New federal regulations mean fewer commercial real estate-related loans will require an independent, certified appraiser to weigh in on a property’s value before a bank can lend against it. An inter-agency group of regulators decided on Monday to raise the threshold for commercial real estate deals that need approval from a state-certified appraiser from $250,000
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A perfect tech marriage has just been created in our own back yard. We always hear how Miami is packed full of young entrepreneurs with startup ideas, but needing cash to turn them into reality. 500 Startups is here to help. A deep-pocketed Silicon Valley fund has announced that it will put down roots in
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MDX Dolphin Expressway Project Is Opening Avenues To The Future

  • March 21, 2018
  • Infrastructure
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The world is changing faster than ever. Consider just one of the global megatrends that is challenging highway transportation experts: the population of the world’s urban areas is increasing by 200,000 people per day – all of whom demand fast and easy ways to get between point A to B within their respective metropolitan areas.
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