Wednesday, July 10, 2019 / by Suyapa Sauceda
The 29-story 17th Street apartment tower has been approved by Miami's Urban Development Review Board and new renderings of this project have now been released.Zyscovich Architects designers of many projects such as like Brooklyn, New York's DUMBO Heights, projects in Midtown Miami, Miami Beach’s Convention Center Redevelopment District and even the largest commercial airport in Bogota, Colombia. Having designed a full spectrum of projects, from transportation facilities and airports to K-12 schools and universities, mixed-use commercial and public-private partnership developments to multi-family residential high rises and master plans for cities. Zyscovich Architects will now be adding the 17th Street Tower as their new project, designing both the exterior and the interior of the tower.Developer NR Investments, which is led by principals Ron Gottesmann and Nir Shoshani, will build this project. In total, the tower will include 353,000 square feet of both commercial and res ...
Read More
investment, market update, pre-construction
Wednesday, January 16, 2019 / by Leon Zhivelev
5 Ways to Avoid Debt When Shopping for Your First Home
Contributed by Kay Carter
Shopping for a home can be an overwhelming experience for anyone. The entire process, from finding listings in your area to successfully obtaining a mortgage loan, is a complicated one that always seems to take a lot longer than we’d like. Buying a home can especially be confusing for first-time home buyers who just want to find their perfect starter home without going into a lot of debt in the process. Luckily enough, that’s not an impossible task. Here are five ways you can avoid debt while shopping for your first home.
1. Create a Budget
Before you start looking for a home, consider creating a strict budget and looking at properties that cost less than the amount you were approved for. What can you afford? Be realistic with this budget and stick to it. Make sure that you also have money set aside for closing costs, home insurance, a home warranty, and any repairs you’ll ha; ...
Read More
investment, market update, business, luxury real estate, finance, finance & banking, financing
Wednesday, December 19, 2018 / by Cyd Marseille Yardeny
The development team behind The Estates at Acqualina has closed on a $558 million construction loan on September 28, 2018 that will fund the vertical construction and completion of both residential towers at The Estates at Acqualina. The loan enables affiliates of the Trump Group led by Eddie, Jules and Stephanie Trump to complete the residential project where sales and construction of the South tower is already underway. The Trump Group’s ability to secure a loan of this size underscores the project’s appeal and the firm’s track record of development over the past four decades. Bilzin Sumberg partner Alexandra Lehson and Real Estate Department Chair Jim Shindell represented The Trump Group in the transaction. Gary Saul and Meredith Singer of Greenberg Traurig served as condominium counsel. The project broke ground in May 2018 and the South Tower is expected to top-off by December 2019 with expected delivery in 2020. The 154-unit south tower is over 65% sold, with s ...
Read More
investment, market update, pre-construction, sunny isles beach, construction, construction loan, construction news, construction update, estates at acqualina, featured, finance, finance & banking, finance & bankingtags trump group, financing, in new construction, karl lagerfeld, luxury real estate, new construction, sunny isles, the estates at acqualina
Thursday, October 18, 2018 / by Leon Zhivelev
Yesterday, the Julie's Realty Team made their way over to the YotelPad Sales office to preview their brand new pre-construction bringing their one-of-a-kind brand to Downtown Miami.
YOTELPAD in downtown Miami, this project is perfect for the foreign or local buyer, the new innovative way to condo in Miami.
YotelPAD is the latest residential extension to the YOTEL & YotelAir brand, bringing to the market efficiently designed units to utilize the space in a way to fit everything you need without compromising on luxury.
Sales Executive, Mellisa Pardo, gave an excellent presentation explaining exactly how unique, innovative and cost-effective thee YotelPad project vision and lifestyle will be.
This development is perfect for the international and local US buyer giving them the opportunity to purchase a residential unit with the convenience OF NO RENTAL RESTRICTIONS allowing the buyer to have the freedom to optimize his rental capacity through numerous options.
Perfect for invest ...
Read More
investment, market update, pre-construction, downtown miami, sales presentation, buying a home, mortgage, yotelpad
Wednesday, October 10, 2018 / by Leon Zhivelev
Obtaining a mortgage requires several steps, including preapproval, appraisal and underwriting, before you’re ready for closing.
1. Prequalification: Prequalification will give you a quick estimate of how much you can borrow for your mortgage. You’ll share basic financial information, including your income, savings and outstanding debts. There’s usually no fee to get prequalified, and you can apply quickly by phone or online. However, getting prequalified doesn’t guarantee you’ll qualify for the mortgage.
2. Preapproval: Preapproval is much more thorough than prequalification. The lender will review your financial situation, similar to when you officially apply for a mortgage. You may be required to pay an application fee.
Expect to submit complete financial documents, including:
W-2s for the previous two years
Pay stubs
Proof of bonuses
Your most recent federal tax return
Two to three months of bank and investment statements ...
Read More
investment, market update, single-family homes, mortgage
