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March 24.2025

2 Minutes Read

Catching Up with Florida's Real Estate Movers: CBRE's Leadership Changes

CBRE promotes Miami office head in modern office with skyline.

Major Promotions Reshape South Florida's Real Estate Landscape

In South Florida's dynamic real estate market, recent leadership changes are making waves, particularly highlighting the region's competitive spirit and immense growth potential. Most notably, CBRE has elevated Gian Rodriguez to the position of senior managing director, overseeing not just the Miami office, but also the key areas of Fort Lauderdale and the industrial platform across South Florida. Rodriguez's journey with CBRE has been remarkable since he joined the firm last year, during which he has already closed deals exceeding $2 billion.

Strategic Moves Across the Sector

In conjunction with Rodriguez's promotion, JLL has appointed Kristina D'Amico to its hotels asset management team as vice president. Her expertise will be instrumental in bolstering client services and expanding portfolio growth across the Southern U.S., Latin America, and the Caribbean. With 14 years of experience from HVS Consulting & Valuation, D’Amico's strategic insights are expected to significantly contribute to JLL's upcoming projects.

Bringing Fresh Perspectives into Leadership

OceanLand Investments is also part of this wave of change, having recruited Melissa K. Green as its chief sales and marketing officer. Green's background includes a successful tenure as a marketing consultant and vice president at Penn-Florida Companies, demonstrating her capability to steer the company towards innovative marketing strategies and development planning.

The Rise of Real Estate Consolidation

Complementing these changes, Dream Life Realty has merged into the Re/Max Advance Realty collective, signifying a consolidation trend in the real estate sector within the region. This merger not only expands Re/Max’s footprint but also integrates 181 agents into its operations, enabling a more extensive reach and diversified offerings to clients.

Understanding the Bigger Picture

The alignment of such talent in key positions highlights the South Florida region's attractiveness for real estate investment and growth. Florida homeowners should take note of these strategic moves, as they may lead to more robust market conditions and innovative property offerings, ultimately boosting home values across the area.

For those invested in Florida's real estate narrative, staying informed about these developments will not only enhance individual market understanding but may also uncover new opportunities in the thriving local economy.

Florida News

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07.29.2025

Unlocking Edgewater's Potential: Live Local Act Approval Sparks Development

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07.29.2025

Crow Holdings Acquires 376-Unit Apartment in Davie for $97.5 Million

Update Rising Interest in South Florida RentalsThe multifamily investment sector in South Florida is witnessing a resurgence, particularly highlighted by the recent acquisition of the 376-unit 33 West apartment complex in Davie. Purchased by Crow Holdings for $97.5 million, this deal, valued at approximately $259,000 per unit, indicates a renewed confidence in the region's rental markets after a downturn precipitated by rising interest rates.A Closer Look at 33 WestCompleted in 2013, the 33 West complex features a mix of one-bedroom to three-bedroom units, with rents ranging from $2,105 to $2,767 per month. Its appeal stems from its size and amenities, situated on a spacious 15.5-acre site, making it attractive for a variety of residents in today's competitive rental market.Market Dynamics ShiftThe landscape for multifamily investments has changed significantly since the pandemic’s peak rental demand. During 2021, Broward County reported an impressive $5.3 billion in multifamily investment sales. However, due to elevated interest rates and a cooling influx of new residents, sales figures have dropped to a projected $1.2 billion in 2023. Deals like the Crow Holdings purchase suggest that while the market cools, there remain robust opportunities for serious investors.Cash is King Amid Higher RatesThe trend of all-cash deals has grown as buyers like Crow Holdings aim to sidestep hefty interest payments. Unlike many recent purchases that involve financing, Crow Holdings did not record a mortgage for its 33 West acquisition, potentially indicating a strategic move towards liquidity amidst rising rates. This trend may shape the future landscape of multifamily housing investments in South Florida.Given these market dynamics, it’s essential for Florida homeowners and potential investors to remain informed about the fluctuations in the rental market and consider strategic opportunities. Engaging with local real estate experts and staying aware of current investment trends can equip homeowners with the necessary insights to navigate these evolving circumstances.

07.28.2025

Ockap Caviar Restaurant and Financial Shift: A New Era for South Beach

Update Ockap Caviar: The New Culinary Attraction in South BeachMiami Beach is set to welcome a fresh culinary gem—Ockap Caviar & Cuisine will open its second location at One Ocean in the highly sought-after South of Fifth neighborhood. The restaurant is making waves as it occupies a spacious 3,200 square feet with a remarkable lease rate of $175 per square foot, a record-breaking figure in the area.Financial Firms Move to Bay Harbor IslandsAlongside the opening of Ockap, Bay Harbor Islands is attracting attention from financial industries as Legacy Wealth Advisors and NewCo Capital Group relocate their headquarters to Terra’s new development, The Well. Legacy will occupy a 5,000-square-foot space, while NewCo will take an 8,800-square-foot office. This movement showcases not only the upscale amenities of the area but also a trend toward improved business environments focused on health and wellness.The Impact of New Rentals on Local BusinessesThe real estate trends seen in Miami Beach and Bay Harbor Islands reflect a growing demand for premium lifestyle offerings. Ockap's arrival adds to an already vibrant restaurant scene, enticing food enthusiasts. Meanwhile, the financial firms bolster the local economy, signaling opportunities for further development and growth.Local Amenities and Community DevelopmentThe Well at Bay Harbor Islands promises a blend of functionality and wellness, featuring air and water purification systems and spacious rooftops that enhance community living. The inclusion of an organic market and fitness programs in its residential component emphasizes a lifestyle trend focusing on health, attracting a clientele that values both luxury and well-being.Conclusion: Embracing Change in South FloridaThe movements in both culinary and business sectors illustrate a dynamic shift in South Florida's real estate landscape. For Florida homeowners, these developments not only enhance community offerings but also increase property values as the demand for premium experiences fuels real estate growth. Stay informed and embrace the changes shaping your community.

Catching Up with Florida's Real Estate Movers: CBRE's Leadership Changes

Major Promotions Reshape South Florida's Real Estate Landscape

Strategic Moves Across the Sector

Bringing Fresh Perspectives into Leadership

The Rise of Real Estate Consolidation

Understanding the Bigger Picture

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