Earlier this week, CoStar Group announced that it’s going to "join forces" with LoopNet. These are two dominating players in the real estate game, so their union likely will have far-reaching consequences. While CoStar is a leader in terms of commercial real estate information, LoopNet is commercial real estate’s biggest online marketplace as well as the... [Read more...]

Foreign Direct Investment Magazine (fDi) published the Top Ten American Cities of the Future 2011/12 in its April issue, and Miami came in at No. 9. The publication considered more than 100 cities in the competition, and the ranking is a prestigious one, according to Coral Gables Gazette. Miami was ranked high in other categories as well, such as: No.... [Read more...]

CoStar Group recently reported some great news for commercial real estate’s office sector. Not only are office property sales up, but this increase is also spreading to other markets and property types. The company’s first quarter 2011 data reveal $12 billion of transaction volume, and that may reach $15 billion once other sales information is verified.... [Read more...]

New Coral Gables Mayor Jim Cason took his oath of office Friday. He won the April 12 municipal election against 10-year incumbent Don Slesnick. Cason’s background includes being a Foreign Service officer, a “freedom fighter” in Cuba, and a State Department diplomat, the Gables Home Page reports. This was his first time as a political candidate; he... [Read more...]

In a national study of potential to grow jobs, Florida ranked No. 1, according to The Miami Herald. To clarify the meaning of this ranking, Miami Herald reports: “The report emphasizes the ranking doesn’t equate to job growth — that is, Florida won’t necessarily lead in creating jobs. But the Sunshine State has the potential to compete in a broader range... [Read more...]

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