When I first started RK Centers many years ago, it was just me, an investment of funds that I had earned through my basketball career, and an idea. Today RK Centers is one of the largest commercial real estate companies on the East Coast. How did I get from where I started to where I am now? No doubt a… Read more →
Miami’s real estate market has been plagued for the past few years by exorbitantly high deposit prices. With a down payment on a pre-construction condo running upwards of 50 percent turning away potential buyers for so long, it’s no wonder the annual purchase rate of homes has been in steady decline. While larger firms don’t find this trend a serious… Read more →
In Miami real estate news, 1,200 condo units remain unsold that were built before the housing boom in 2003. With this information, real estate developers in Miami are still proposing the development of 260 new towers with 36,000 new units. Despite the housing crisis in 2008, condo developer sales generated over $23.2 billion with an average of $397 per square… Read more →