MBF BLOG

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"The movement of finance firms to Florida will 'massively' accelerate following the announcement that Citadel is relocating here, a hedge fund manager is predicting." https://www.thenextmiami.com/florida-will-overtake-new-york-as-the-epicenter-of-finance-hedge-fund-manager-says/

MASTER BROKER LISTING: Check out this spectacular $25M Mediterranean waterfront home in Coconut Grove, presented by Master Brokers Forum member Roberta Ingletto. (In partnership with Profile miami.) http://profilemiamire.com/miamirealestate/2022/6/29/master-brokers-forum-listing-step-inside-this-25-million-coconut-grove-waterfront-mediterranean-estate

Article link: http://www.nytimes.com/2022/06/28/nyregion/wealthy-pandemic-nyc.html

🔥 🚀 💲 We explore the latest ASTRONOMICAL sales and listings figures in this month's edition of "South Florida By The Numbers"; a Master Brokers Forum partnership with The Real Deal. http://therealdeal.com/miami/2022/06/27/south-florida-by-the-numbers-local-mega-listings-and-sales/

MASTER BROKER INSIGHTS: From the recent Master Brokers Forum event hosted by Five Park, panelist Johann Zietsman (president/CEO of the Adrienne Arsht Center for the Performing Arts) explains how Miami is "organically messy" in a good way, and never considers itself to be "done" - in sharp contrast to other U.S. cities. https://youtu.be/-A-voepaTIU

Many thanks to Montage Hotels & Resorts and Pendry Hotels & Resorts for generously hosting this week's Gold Coast Master Brokers Forum board meeting in their beautiful South Florida residential sales gallery!

MASTER BROKER LISTING: Master Brokers Forum member Barbara Karen Elmir presents this lovely and modern tropical oasis in Coconut Grove for $2.995M. (In partnership with Profile miami.) http://profilemiamire.com/miamirealestate/2022/6/22/master-brokers-forum-listing-check-out-this-coconut-grove-modern-tropical-oasis-asking-2995-million

"Because the best thing about living in Florida is that YOU GET TO LIVE IN FLORIDA. That’s why, between 2010 and 2020, a net 280,000 New Yorkers moved to Florida — the largest exchange between any two states in the union." (Article link below.) http://nypost.com/2022/06/18/new-yorkers-cant-stand-florida-being-the-new-nexus-of-us/

MASTER BROKER INSIGHTS: From the recent Master Brokers Forum event hosted by Five Park, panelist Rodney Barreto explains the origins and impact of the "Miami" brand. https://youtu.be/sS1n7znQRYA

"...changing lifestyles...have contributed to 𝘼 𝘽𝙇𝘼𝙕𝙄𝙉𝙂 𝙃𝙊𝙐𝙎𝙄𝙉𝙂 𝙎𝙀𝘾𝙏𝙊𝙍 𝙄𝙉 𝙈𝙄𝘼𝙈𝙄-𝘿𝘼𝘿𝙀 𝘾𝙊𝙐𝙉𝙏𝙔, 𝙖𝙨 𝙩𝙝𝙤𝙪𝙨𝙖𝙣𝙙𝙨 𝙤𝙛 𝙥𝙚𝙤𝙥𝙡𝙚 𝙛𝙧𝙤𝙢 𝙤𝙩𝙝𝙚𝙧 𝙥𝙖𝙧𝙩𝙨 𝙤𝙛 𝙩𝙝𝙚 𝙘𝙤𝙪𝙣𝙩𝙧𝙮 𝙝𝙖𝙫𝙚 𝙧𝙚𝙡𝙤𝙘𝙖𝙩𝙚𝙙 𝙝𝙚𝙧𝙚 𝙩𝙝𝙚 𝙥𝙖𝙨𝙩 𝙘𝙤𝙪𝙥𝙡𝙚 𝙮𝙚𝙖𝙧𝙨." http://www.miamiherald.com/news/business/article262594857.html

HUGE thanks to Compass Florida and The Abella Group at Compass for hosting yesterday's busy Miami Master Brokers Forum board meeting!

One Brickell City Centre will be an “approximately 1,000 foot supertower” that will become the tallest commercial tower in Florida, according to a statement by the developers. http://www.thenextmiami.com/revealed-one-brickell-city-centre-supertall-redesigned-construction-in-2023/

“We reached a tipping point where Miami is viewed differently...This new base of companies of employers and employees having moved to South Florida show that this is sustainable. 𝙏𝙝𝙞𝙨 𝙞𝙨 𝙖 𝙣𝙚𝙬 𝙛𝙤𝙪𝙣𝙙𝙖𝙩𝙞𝙤𝙣 𝙛𝙤𝙧 𝙤𝙪𝙧 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙚𝙣𝙜𝙞𝙣𝙚 𝙞𝙣 𝙎𝙤𝙪𝙩𝙝 𝙁𝙡𝙤𝙧𝙞𝙙𝙖.” http://www.miamiherald.com/news/business/real-estate-news/article262198997.html

This $4.6M Master Brokers Forum "member to member" transaction was one of Miami's top ten condo sales last week, with Anna representing the seller and Ana Teresa representing the buyer. (Article link below.) Congratulations!! http://therealdeal.com/miami/2022/06/14/eighty-seven-park-closing-tops-miami-dades-weekly-condo-sales/

WATCH: Video highlights from this month's fabulous Gold Coast Master Brokers Forum reception and panel discussion, generously hosted by The Ritz-Carlton Residences, Pompano Beach! https://www.youtube.com/watch?v=ofcwqlojivc

🔥"𝙄𝙣 𝙈𝙞𝙖𝙢𝙞-𝘿𝙖𝙙𝙚, 𝙥𝙧𝙤𝙥𝙚𝙧𝙩𝙮 𝙫𝙖𝙡𝙪𝙚𝙨 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙙 𝙖𝙩 𝙖𝙣 𝙤𝙫𝙚𝙧𝙖𝙡𝙡 𝙖𝙣𝙣𝙪𝙖𝙡 𝙧𝙖𝙩𝙚 𝙣𝙤𝙩 𝙨𝙚𝙚𝙣 𝙞𝙣 𝙛𝙞𝙛𝙩𝙚𝙚𝙣 𝙮𝙚𝙖𝙧𝙨. Countywide, the taxable value of properties rose by $34 billion to a total of $372 billion, or a whopping 10.2% jump, between 2020 and 2021." https://www.miamiherald.com/news/business/real-estate-news/article262020567.html

Scenes from last night's spectacular Gold Coast Master Brokers Forum reception and panel discussion, generously hosted by The Ritz-Carlton Residences, Pompano Beach!

We explore the amazing redevelopment transformation of Pompano Beach in this edition of “South Florida By The Numbers"; a Master Brokers Forum partnership with The Real Deal. https://therealdeal.com/miami/2022/06/01/south-florida-by-the-numbers-pompano-beachs-moment-in-the-sun/

"In total, 16,899,327 passengers arrived or departed MIA between January and April of 2022. MIA’s passenger count was 92% higher than the same period in 2021, when there were 8,799,594 passengers." https://www.thenextmiami.com/miami-international-airport-passenger-count-up-92-in-first-months-of-2022/

Featuring insight from Master Brokers Forum board member Andres Asion: “I think overall it’s security and safety for future buyers that the building they’re buying into is a sound investment. That lifts the surprise element. But I think there will be a lot of turnover of owners.” https://www.miamiherald.com/news/business/real-estate-news/article261791592.html

WATCH: Highlights from last week's remarkable Master Brokers Forum event and discussion on "Miami's Extraordinary Experiences", generously hosted by Five Park Miami Beach! https://youtu.be/oTudApZF_TM

MEMBERS ONLY: An important conversation on the exciting developments in Pompano Beach, generously hosted by The Ritz-Carlton Residences, Pompano Beach. All active Master Brokers Forum members have been emailed this invitation, please check your inbox for RSVP instructions.

Scenes from this week's amazing Miami Master Brokers Forum event and panel discussion on "Miami's Extraordinary Experiences", generously hosted by Five Park Miami Beach!

🔥 LET'S GO HEAT! 🔥 (and go Master Brokers Forum member Bill Hernandez for representing the buyer in this sale.) https://therealdeal.com/miami/2022/05/23/miami-heats-pat-riley-scores-a-23m-surf-club-four-seasons-condo-sale/

"Miami-Dade County recorded the seventh highest number of home sales ever and the second most sales recorded in any April on record last month..." http://www.mansionglobal.com/articles/south-florida-housing-market-saw-soaring-demand-and-low-inventory-in-april-01653077934?mod=top_markets_miami

CAN YOU HEAR ME NOW?: "The company says the surge in Florida users is different than the the seasonal increases that Florida has seen in the past, and appears to be permanent." http://www.thenextmiami.com/verizon-network-usage-in-miami-up-364-customers-flocking-to-the-area/

"From über-luxury car manufacturers like Porsche, Bentley and Aston Martin, to fashion houses like Missoni, Fendi, Diesel and Armani, decor designers like French crystal producer Baccarat, Italian furniture company B&B Italia and even darling restaurant companies Major Food Group and Cipriani — residential buildings by businesses known for everything but real estate are taking over Miami." https://nypost.com/2022/05/19/from-bentley-to-cipriani-brand-name-residences-rule-miami/

This Master Brokers Forum member represented both sides in last week's top 10 Miami condo sale with the fewest days on the market; a Fisher Island residence that sold in just six days. (Article link below.) Congratulations! https://therealdeal.com/miami/2022/05/18/closing-at-rise-tops-miami-dades-weekly-condo-sales/

Scenes from the Miami Master Brokers Forum 2003 Holiday Celebration hosted by Fisher Island.

"Miami-Dade tied with Palm Beach County for having the second-highest index score in the nation, with 76 points each. Broward County tied with Fort Myers; Savannah, Georgia; and Austin, Texas, for third place. NAR gave each area 72 points." (Article link below.) https://www.bizjournals.com/southflorida/news/2022/05/13/nar-south-florida-commercial-market.html

FLASHBACK FRIDAY: Miami icon Don Johnson offers a special video message to the Master Brokers Forum! (From our 2020 Virtual Holiday Celebration.) http://youtube.com/shorts/RwBl_pDrpgE?feature=share

WATCH: The Ritz-Carlton Residences, Pompano Beach will mark the most expensive development in a South Florida city being transformed by luxury projects - AND will host the Gold Coast Master Brokers Forum's next event! (Members can check their email for details.) http://www.nbcmiami.com/news/local/luxury-real-estate-on-the-rise-in-south-florida/2752090/

These Master Brokers Forum members represented buyers and sellers in last week's top ten most expensive Miami condominium sales. (Article link below.) Congratulations! http://therealdeal.com/miami/2022/05/10/faena-house-closing-tops-miami-dades-weekly-condo-sales/

“Everybody in real estate, both developers and brokers, were all there having conversations and drinks revolving around cars and real estate...from a networking perspective, it was amazing.” http://therealdeal.com/miami/2022/05/09/brokers-developers-rally-to-capture-formula-1-buyers-during-first-miami-grand-prix/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts

"Miami can also point to major successes in hosting Super Bowls, Barcelona-Real Madrid, and college football national championships, along with the Miami Open." http://www.thenextmiami.com/miami-now-wants-to-host-the-world-cup-final-in-2026-after-f1-success/

🏎𝙑𝙍𝙊𝙊𝙈 𝙑𝙍𝙊𝙊𝙈🌴 http://www.cnbc.com/2022/05/04/formula-1-miami-grand-prix-brings-extraordinary-wealth-to-race-weekend.html

MEMBERS ONLY: Make sure to include "Master Brokers Forum" on your Courted.io profile. (If you're not already on Courted, sign up for your free account today at www.courted.io.)

"The average sale price of a single-family home in Miami-Dade, Broward and Palm Beach counties was $1.065 million in the first quarter of 2022...That’s a 16% year-over-year increase and 𝗠𝗢𝗥𝗘 𝗧𝗛𝗔𝗡 𝗗𝗢𝗨𝗕𝗟𝗘 𝗧𝗛𝗘 𝗔𝗩𝗘𝗥𝗔𝗚𝗘 𝗦𝗔𝗟𝗘 𝗣𝗥𝗜𝗖𝗘 𝗜𝗡 𝟮𝟬𝟭𝟴." http://southfloridaagentmagazine.com/2022/05/03/average-south-florida-home-price-has-more-than-doubled-since-2018/

🏎️🏀🏒‼️ "South Beach will be open all night and the F1 campus will be the place to be during a busy week that also has two Miami Heat and Florida Panthers playoff games each in the area." http://www.nbcmiami.com/news/sports/miami-ready-to-showcase-f1s-glitz-and-glamour/2750748/

Congratulations to Master Brokers Forum members Nelson Gonzalez, Liz Hogan, Michael Martinez, and Dora Puig for being named to this prestigious list of South Florida top producers. http://www.bizjournals.com/southflorida/news/2022/04/29/2022-power-brokers-residential.html

How have local developers pivoted so quickly to meet Miami's new lifestyle, demographic, and population trends? We examine in this month's "South Florida By The Numbers"; a Master Brokers Forum partnership with The Real Deal. http://therealdeal.com/miami/2022/04/29/south-florida-by-the-numbers-miami-developers-stay-nimble/

: Enjoy these highlights from one of our finest Master Brokers Forum events, generously hosted by Elysee Miami in 2019. http://youtu.be/ScndzCoMtm8

🔥🔥🔥 "Median luxury sale prices in Miami’s coastal mainland also recorded an increase, with condos up by around 30% to $1.63 million and single-family homes up by almost 9% to $3.1 million..." http://www.mansionglobal.com/articles/south-florida-home-prices-continue-to-break-records-01650538979?mod=top_markets_miami

An extraordinary new concept for real estate, listed by Master Brokers Forum member Michael Martinez. (Article also includes commentary by Master Broker Nancy Klock Corey.) http://www.miamiherald.com/news/business/real-estate-news/article260394257.html

MASTER BROKER LISTING: Master Brokers Forum member Richard Feldman presents this remarkable, rarely-available, direct bayfront property for $4,985,000. (In partnership with PROFILEmiami.) http://profilemiamire.com/miamirealestate/2022/4/22/master-brokers-forum-check-out-this-newly-remodeled-waterfront-in-miamis-upper-eastside-asking-5-million

🔥 Across Miami-Dade, Broward, Palm Beach, St. Lucie and Martin counties, THERE WERE 1,433 MILLION-DOLLAR CONDO SALES IN THE FIRST QUARTER OF 2022. The median price was $1.76 million, a 6.5% increase year over year. http://southfloridaagentmagazine.com/2022/04/22/south-floridas-luxury-condo-market-surges/

"With a business- and tax-friendly regulatory environment and a temperate climate that didn’t favor a virus to begin with, Florida (and more specifically 𝙎𝙤𝙪𝙩𝙝 𝙁𝙡𝙤𝙧𝙞𝙙𝙖) 𝙝𝙖𝙨 𝙚𝙣𝙟𝙤𝙮𝙚𝙙 𝙖 𝙘𝙤𝙫𝙚𝙩𝙤𝙪𝙨 𝙥𝙤𝙨𝙞𝙩𝙞𝙤𝙣 𝙞𝙣 𝙩𝙝𝙚 𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙢𝙖𝙧𝙠𝙚𝙩𝙥𝙡𝙖𝙘𝙚 𝙖𝙣𝙙 𝙘𝙖𝙢𝙚 𝙤𝙪𝙩 𝙤𝙛 𝙩𝙝𝙚 𝙥𝙖𝙣𝙙𝙚𝙢𝙞𝙘 𝙨𝙝𝙞𝙣𝙞𝙣𝙜." https://www.wealthmanagement.com/industrial/south-florida-experiencing-industrial-boom-unlike-any-other

🌎✈️🏆

"It is the first time in recent memory that MIA has topped the passenger rankings, although it has been atop the international cargo rankings for some time." http://www.thenextmiami.com/mia-now-officially-the-busiest-international-airport-in-america/

MASTER BROKER LISTING: Master Brokers Forum member Liz Hogan presents this stunning $16.5M Hollywood waterfront estate, remodeled in 2020 with no expense spared. (In partnership with Profile miami.) http://profilemiamire.com/miamirealestate/2022/4/14/master-brokers-forum-check-out-this-hollywood-waterfront-estate-asking-165-million

Many congratulations to Master Brokers Forum Legacy Award recipient Alicia Cervera Sr. on another well-deserved honor; recognizing her extraordinary career and contributions! http://southfloridaagentmagazine.com/2022/04/14/portion-of-south-miami-avenue-renamed-in-honor-of-miami-real-estate-legend-alicia-cervera-sr/

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877 Articles Found