Office Rents To New Record As Demand Outpaces Supply

Competition for office space in the most desirable neighborhoods in Miami has pushed rents to levels that experts say would have been unbelievable nearly two years ago. Direct asking rates for Class-A office space in Miami-Dade County rose 13% year-over-year in the third quarter, increasing more than $7 per SF, according to Colliers. JLL’s third-quarter figures showed Miami’s central business district hit another new record for asking … Read More

Mortgage Rates Reverse Home Flippers’ Fortunes

Wildly successful just months ago, but now victim to cooling demand. Rising mortgage rates have a new victim: house flippers. Flippers, who were readily turning profits just months ago, have now been caught by the housing market’s pivot as homebuyers reel from mortgage rates approaching 7 percent, according to Bloomberg. “It’s a high-risk, high-reward business — and now we’re facing the high … Read More

It’s Another Great Day!  $198,000 Loan closed in Miami  FL, 33127

Just closed an investment property in the growing Wynwood area, Miami FL 33127. We extended  35 % of the value of the property and we funded in 11 days. All with no tax returns, no credit check, and no financials. For more information contact MICHAEL INTERNOSCIA NMLS#860339.  The following are images of market comparables. Subject property may vary.