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Cozza Investment Group Introduces Concierge Luxury Real Estate Division and Expands to South Florida Market
Reliable Serious Estate Investment decision Team in SWFL features purchasers and sellers a seamless authentic estate expertise designed to supply worth at each and every phase with a touch of hospitality. MIAMI, Aug. 10, 2022 /PRNewswire/ — Cozza Realty Group Inc., powered by Cozza Expenditure Group with 20 decades of working experience, announces the major luxury brokerage’s entrance into the South Florida current market with really interesting luxurious assignments whilst it proceeds to grow its existence along the two of Florida’s coasts. CIG has created a staff of 20 bilingual and varied brokers who will focus in luxurious residences through the Miami metro location Downtown Miami, Brickell, Wynwood, Coral Gables,…
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Real Estate Fund Quietly Purchases Entire Community Of 233 Single-Family Rental Homes In Panama City, Florida
Genuine estate expense system Fundrise just lately obtained Sunset Village, a group of 233 detached, one-relatives rental properties in Panama Metropolis, Florida. The obtain was created by a joint undertaking between two Fundrise-sponsored funds: the Flagship Genuine Estate Fund, which was backed by Goldman Sachs Team Inc. (NYSE: GS) past 12 months with a $300 million credit history facility, and the Progress eREIT VII. The joint undertaking obtained the neighborhood for close to $110.2 million from a developer who completed development of the houses in February 2022. In accordance to Fundrise, approximately 52{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of the houses have been occupied at the time of acquisition. The community is made up of…
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Waterfront Home In Naples, Florida Sells For A Record $62 Million
The sale of the estate eclipsed the preceding history for Naples’ residences by $10 million. Kim Sargent A sprawling waterfront assets in Naples, Florida has sold for $62 million, putting it in the record textbooks as the most high priced residence in the heritage of the city’s true estate transactions. Situated on 1.5 acres, the beachfront estate features front-row seats to the Gulf of Mexico. Paul Arpin, of Leading Sotheby’s International Realty’s Broad Avenue business office, labored with the proprietor in 2014 to obtain the house and build the dwelling, and has now represented the buyer and vendor. Panoramic look at of the Gulf of Mexico from the dwelling home…
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PEERAGE REALTY PARTNERS ACQUIRES A SUBSTANTIAL PARTNERSHIP INTEREST IN PREMIER SOTHEBY’S INTERNATIONAL REALTY, A LEADING LUXURY REAL ESTATE FIRM ACROSS THE RAPIDLY GROWING MARKETS OF FLORIDA AND NORTH CAROLINA
Premier Sotheby’s International Realty is a leading luxury residential real estate brokerage with approximately 1,300 sales professionals and 38 offices ranging from Florida’s Gulf Coast and interior to Western North Carolina. In 2021 Premier Sotheby’s International Realty sold US$10.7 billion (C$13.7 billion) of residential real estate. This is Peerage Realty Partners’ eighth partnership with Sotheby’s International Realty, reinforcing its status as the organization’s largest strategic investor globally. This significant transaction allows Premier Sotheby’s International Realty to further expand its reach. It also supports further growth of its comprehensive suite of real estate services. Respected industry leader Budge Huskey continues as President and CEO of Premier Sotheby’s International Realty®. He will also join Peerage Realty Partners’ executive team as Vice-Chairman. The Lutgert family, founders of Premier Sotheby’s International Realty, and a major developer and contributor within the many communities it serves, will continue as partners…
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South Florida Luxury Real Estate Market Sees Rush of Buyers
There is an unprecedented hurry for South Florida household genuine estate. The pandemic accelerated demand from customers throughout the state’s sun-kissed southeastern shoreline as residence purchasers, relocating from places with state own money taxes (primarily New York, New Jersey and California), fueled a remarkable increase in assets values. House values are up more than 50{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-in excess of-year from 2020 to 2021 and rents in Miami alone jumped 31{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in the exact time frame, per genuine estate agency Redfin. For those who want to buy in South Florida (from the Palm Shorelines to Coral Gables and factors south), persistence is expected, even additional so if the residence is an ultra-luxury…
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Here are the 5 hottest luxury real estate markets in South Florida
This oceanfront mansion in Highland Seaside, FL offered for $40 million breaking a neighborhood report for the town. Robert Stevens The provide of luxury properties and condos in South Florida is just not just tight. It can be even worse than that. “This just isn’t just a decline in stock,” explained Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting business that tracks 14 real estate markets in the region for brokerage Douglas Elliman. “This is a collapse.” That is not hyperbole, in accordance to the figures. In the first quarter of this 12 months, South Florida inventory stood at a record reduced of 7,906 units, according to Miller’s…