October 2017 - Rava Realty

Colombia loves Miami

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Colombians were crazy for Miami real estate in June, racking up the most web searches for homes of any other country.

Colombia, Brazil and Canada have been competing for the top three spots in recent months, according to the Miami Association of Realtors. Last year, Colombian and Brazilian homebuyers made the third-most international purchases in South Florida with a 10 percent share, according to the report.

International buyers looked to Los Angeles more than any other ...

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Where are the foreign investors putting their dollars to work?

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Foreign buyers’ portion of U.S. investment sales in the two-year period ending May 31, 2017, totaled $168.32 billion — 15.5 percent of all deal volume, an analysis of Real Capital Analytics data by The Real Deal Magazine shows.

And while they’re not spending as much as they did a year and a half ago, investors from the 12 countries that poured the most money into commercial properties in the States invested a combined $56.69 billion in New ...

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SoLeMia Miami

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An ambitious, long-in-the-works project to turn one of the largest remaining parcels of undeveloped land in South Florida into a planned community just took a step closer to fruition.

Wells Fargo & Company has made a $101 million HUD-insured loan to SM Multifamily LLC, the developer of two luxury, 17-story residential towers with a total of 400 units and attached parking garage.

The towers will be part of the first phase of SoLeMia Miami, the 183-acre ...

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