Globest Sectors

Tax compliance is the biggest issue in the short-term rental market, but there are ways the city can regulate and encourage users to comply with tax laws.

Access to the Blue Line, and a scarcity of land, should keep rents moving up.

A market once highly dependent on the auto industry has seen the proliferation of bulk warehouses devoted to e-commerce, logistical facilities, and medical supply buildings.

At face value Miami's condo sector looks to be the same flourishing market that it has been for the last few years. There are subtle changes, however, in deal structure, development trends and the types of buyers interested in these projects.

Some buyers seem to be taking the wait and see approach, while others are still active but more selective as many begin to realize that a slight shift is occurring, Hudson says in this <b>EXCLUSIVE</b>.

The development will target business owners in River Oaks, Memorial and Tanglewood with a cost-point difference of $300 per square foot versus $500 per square foot for comparable located projects.

Miller, who is the son of Lennar founder Leonard Miller, is staying on with the Miami-based homebuilding firm as the newly appointed executive chairman and will therefore continue to serve an active role in both the company's operations and its strategic direction.

Office rents may begin to plateau as more quality sublease supply hit the market in the first quarter.