investors Archives - Page 5 of 5 - Rava Realty

Amazon takes new offices in Hudson Yards a year after leaving LIC

Posted by:

Amazon has inked a lease in midtown Manhattan less than a year after abruptly withdrawing from plans to bring half of its second North American headquarters to Queens, according to the the Seattle-based company.

The e-commerce giant has signed a lease for 335,000 square feet in the Hudson Yards where it will have more than 1,500 employees.
The arrangement is Amazon’s largest expansion in New York City since the company abandoned plans to situate half of its second headquarters in ...

Continue Reading →
0

Miami home & condo sales boomed last month thanks to tax laws, realtors association says.

Posted by:

September 2019 was a strong month for residential sales in Miami, according to statistics from the Miami Association of Realtors.

Both single family homes and condo sales were up by double digits compared to the same period last year, fueled by people relocating from high-tax states, the Realtors Association said.

Total dollar volume of single family home sales in Miami-Dade county was up 19.8% compared to the prior year, while condo volume was up 14.5%. Newly ...

Continue Reading →
0

Brickell flatiron reaches completion, becomes miami’s fourth tallest tower ever built.

Posted by:

Brickell Flatiron has reached completion, the tower is 64 stories and 736 feet above ground becoming the fourth tallest building ever built in Miami and the tallest all-condo building south of New York.

Hundreds of new residents will now begin moving into Brickell, with closing about to begin. A total of 527 residential units were built at Flatiron, of which 95 percent are sold. Approximately 70 percent of the building’s buyers came from U.S. markets.

A ...

Continue Reading →
0

New wave of multifamily investors to Miami

Posted by:

First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They were lured in by the favorable climate, luxury residential properties and most of all, substantial tax savings.
Now, it is the multifamily investors who are heading to South Florida, and for a different reason: rent control, something the Sunshine State lacks.
Multifamily investors are moving quickly and making offers on properties in South Florida, brokers say. But they are also encountering ...

Continue Reading →
0

NYC – USA – World: The Big Picture

Posted by:

Excluding mergers and portfolio deals, cross-border investment in the Big Apple has dropped off noticeably since the boom years, according to data from Real Capital Analytics.

Foreign buyers acquired just under $8 billion worth of commercial property in the five boroughs in 2017 and $9.5 billion last year, down from about $20.2 billion in 2015 and $15.8 billion in 2016.

“Ultimately, there’s really no way to get back to where investment was in 2015 and 2016 ...

Continue Reading →
0
Page 5 of 5 12345