Miami is one of the world’s Top 10 destinations for real estate investment capital (data CBRE).
The Miami metro area ranked 7th globally with $7.7 billion in foreign and domestic real estate capital investment in the first half of 2015, according to the real estate brokerage and advisory firm. That is up from a 12th-place ranking for all of 2014.
Given that 15 of the Top 20 were cities in the United States, it appears that real estate investors are ...

After a 17-month contract period, the most expensive home ever sold in Miami has finally closed — for a whopping $60 million. That’s $10 million over the asking price.
The 12,516-square-foot penthouse in the 18-story Faena House condominium tower sits on Miami Beach’s widest stretch of white sand.
It was developed and built by Argentina’s Faena Group and contains 47 residences, but the penthouse is by far the most luxurious.
The glass-walled apartment has five bedrooms, two custom kitchens, and ...