With Esperante Sold, Crocker Wants More
Fresh from a big sale, Crocker Partners is in the hunt for more South Florida value-add office investments. But it's finding those are few and far between.
Just a couple of weeks ago, Crocker sold its Esperante office tower, a landmark 20-story skyscraper in West Palm Beach, which it owned in a JV with Cornerstone Real Estate Advisers, to RedSky Capital for $126M. That's not a bad…
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Earls Of Edgewater
First all the buzz was South Beach, says the Melo family. Then Brickell. Soon, they confidently predict, it will be Edgewater—which happens to be their center of action.
Last week, we snapped patriarch Jose Luis, 79, flanked by sons Martin, 38, and Carlos, 45. (A daughter, Laura, is also in the business, doing accounting.) Since coming to Miami in 2001 (preceded by 40 years of the family business…
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CenterState Bank CEO: 'Concerned' About Multifamily In South Florida
CenterState Bank CEO John Corbett doesn't have nice things to say about Miami's multifamily—and international—real estate market. During a recent earnings call with analysts, John said he's wary of lending money to multifamily developers in Miami and other hot South Florida…
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Top 5 Landmarks To See During The Rio Olympics
Fans who travel to the Rio 2016 Olympics might be a little too distracted by the sounds of records shattering to take in the sights. But if you're fortunate enough to be in Rio de Janeiro, these are the city's top five landmarks to check out between events. (The rest of us will try to catch a glimpse in pre-competition camera shots.)
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Data Center Demand Is On The Rise, Here Are Four Reasons Why
The data center sector is growing fast, and new technologies on the horizon will propel the industry even further. As companies' use of cloud-based tech and mixed reality grows, data centers will continue to see a boom in business.
The industry was up in North America the first half of 2016, increasing by 19% in Q1, then taking a 50% leap in Q2. Here a four takeaways on what's contributed to the industry's growth, aggregated from JLL's data center outlook report for this year.
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