This week, developers announced a new plan for a extensive convention center building project that will cover a massive 10 million square foot area. Dubbed Resorts World Miami, the project has long been in development and was announced on Wednesday. In addition to around 700,000 square feet of convention space, there are also plans for multiple hotels on the... [Read more...]

Residents and Businesses all over Florida are certainly smiling a little more today after hearing the good news about the current economic state. A recent CNBC report showed Florida ranked in the top 10 states in terms of quality infrastructure and workforce, meaning jobs are readily available and there are people qualified to do them and that roads, buildings,... [Read more...]

Small businesses are a huge part of the U.S. economic base. A recent Huffington Post article does a great job giving small businesses the credit they deserve by outlining “five big myths about American small businesses.” The following are ideas commonly held but just not true: The majority of people nationwide work for big corporations. Large employers... [Read more...]

The first quarter GDP growth stayed positive this year, increasing an annualized 1.8 percent, with significant job increases contributing to recovery. Nevertheless, a few factors actually restricted the GDP growth, including unfortunate weather, skyrocketing gas prices and reluctant consumer spending, according to the Investment Real Estate Research blog. The... [Read more...]

We have more positive news for the commercial real estate industry: during the last few weeks of the year, economic indicators have shown a better outlook, according to this National Real Estate Investor article. NREI reports, “In particular, the 10-year Treasury yield reversed a year-long decline. … The critical benchmark for commercial real estate lending... [Read more...]

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