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PROFILEmiami South Florida Real Estate and Lifestyle

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MiamiGreenInitiativeProject_PMG_MPA_TeaGarden.jpg

PMG and Miami Parking Authority Announce New Green Initiative for Downtown Miami

August 31, 2021

Miami-based developer PMG announced a collaboration with the Miami Parking Authority (MPA) to create a new green community initiative in Downtown Miami. The two blocks of green space, located steps away from PMG’s recently launched Waldorf Astoria Residences Miami, will function as a transition from the city hardscape to a lush oasis.

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In City Owned Land, Community, Design, Downtown, Government, Health & Wellness, Infrastructure, Parks & Recreation, Partnerships, Public Art, Public Health, Public Space, Development, Development News Tags PMG, Downtown Miami, Miami Parking Authority, Waldorf Astoria Hotel & Residences, Enzo Enea, Enea Garden Design, Green Initiative, Alex Argudin, Greybrook Realty Partners, S2 Development, August 2021, Development, Development News, Commercial, Featured
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Miami, Palm Beach County and Fort Lauderdale recover about 28,000 jobs since the start of the COVID-19 pandemic

Miami, Palm Beach County and Fort Lauderdale recover about 28,000 jobs since the start of the COVID-19 pandemic

October 6, 2020

Almost 28,000 jobs have been recovered since the beginning of the COVID-19 pandemic in Miami, Palm Beach County and Fort Lauderdale. Majority of these jobs fall into the government, hospitality and retail sectors. The Bureau of Labor Statistics released data showing the Miami market has gained over 16,000 jobs in August, Palm Beach has gained about 7,000 and Fort Lauderdale has gained over 5,000.

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In Community, COVID-19, Hospitality, Palm Beach County, Miami Beach, News, News & Features, Public Health, Restaurants, Retail, Fort Lauderdale Tags Miami, Fort Lauderdale, Palm Beach, Palm Beach County, Community, News, Hospitality, Retail, Public Health, Restaurants, COVID-19, COVID, Coronavirus, October 2020
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Governor Ron DeSantis Announces $250 Million In CARES Act Funding Allocated For Rental And Mortgage Assistance

Governor Ron DeSantis Announces $250 Million In CARES Act Funding Allocated For Rental And Mortgage Assistance

June 29, 2020

Florida Governor Ron DeSantis has announced that the state will allocate $250 million in CARES Act funding to rental and mortgage assistance due to the COVID-19 pandemic shutdown. $120 million of the funds will be allocated to Florida Housing Finance Corp. which will provide rental assistance to households who live in affordable housing rentals within the Florida Housing Finance Corp. portfolio.

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In COVID-19, Investment News, News, Public Health, Residential, Finance & Banking, Government, Low-Income Housing Tags Ron DeSantis, COVID-19, COVID19, COVID, Coronavirus, News, Governor Ron DeSantis, CARES Act, Florida Housing Finance Corp., Low-Income Housing, Finance, Financing, Finance & Banking, Banking, Lending, Mortgage, Residential, Investment News, Public Health, Government, Featured
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Clockwise from the top-left corner: James Tate, Demetri Demascus, Shahab Karmely and W. Allen Morris.

Clockwise from the top-left corner: James Tate, Demetri Demascus, Shahab Karmely and W. Allen Morris.

Why Rent Strikes Are Bad for Everyone and What’s Going to be Done about Unemployment?

May 5, 2020

Since thousands of businesses were deemed non-essential and forced to shut their doors, reemployment assistance claims over the last six weeks have surpassed two million in South Florida. With a tourism-dependent economy plus an older population, Florida is more vulnerable to economic shock, which is why it is one of the top five states with the highest number of claims.

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In Affordable Housing, Commercial, COVID-19, Education, Events, Executives, Invest, Investment News, Market Insight, Miami-Dade County, Multifamily, News, Panels, PROFILE Exclusive, Public Health, Residential, Rentals, Restaurants, Retail, Webinar Tags Shahab Karmely, Kar Properties, Jimmy Tate, James Tate, Tate Capital, Allen Morris, Allen Morris Company, Katya Demina, Demetri Demascus, rent strike, landlords, pension fund, life insurance fund, rent control, COVID-19, Coronavirus, coronavirus impact on real estate, Featured
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Rewind: Michael T. Fay Tom Wood and Jacques Bessoudo Discuss COVID-19 Impact On Commercial Real Estate in South Florida Webinar

April 14, 2020

On April 3, 2020, PROFILEmiami hosted a webinar conversation around the impact that COVID-19 has, and will have, on the commercial real estate industry in South Florida. If you missed us live, or just want to revisit some of the insight our panelists had to offer, we have now posted the full webinar for you to sit back and rewind!

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In Agent Insight, Brokerage, Commercial, Construction, Construction Update, Education, Finance & Banking, Hospitality, Invest, Leasing, Leasing Update, Market Insight, Private Equity, Public Health, Webinar, Rewind Tags Avison Young, Michael T. Fay, Thomas D. Wood Jr., Jacques Bessoudo, Galium Capital, COVID-19, Coronavirus, Featured, Rewind, Webinar, COVID-19 Impact on Commercial Real Estate in South Florida
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PROFILEmiami%252BCOVID-19%252BImpact%252Bon%252BCommercial%252BReal%252BEstate%252Bin%252BSouth%252BFlorida%252BWebinar.jpg

Join Us For a Webinar: COVID-19 Impact On Commercial Real Estate in South Florida

March 30, 2020

PROFILEmiami presents a conversation around the impact that COVID-19 has, and will have, on the commercial real estate industry in South Florida. Hear first hand from some of Florida's leading real estate professionals about how they are reacting to the crisis, navigating the uncertain circumstances and preparing for future opportunities that may arise from the economic fallout.

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In Agent Insight, Brokerage, Commercial, Construction, Construction Update, Education, Finance & Banking, Hospitality, Invest, Leasing, Leasing Update, Market Insight, Private Equity, Public Health Tags Avison Young, Michael T. Fay, Thomas D. Wood Jr., Jacques Bessoudo, Galium Capital, COVID-19, Coronavirus, Featured
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Beaches in Miami-Dade County have been closed.

Beaches in Miami-Dade County have been closed.

Tracking COVID-19 By The Numbers: Breaking News In South Florida

March 27, 2020

(Last Updated 6:14 AM 3/27/2020):

BREAKING: 

  • City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)

  • Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)

  • All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)

Continue to check back for updates to below as we continue to track COVID-19 across South Florida:  

Stats:

  • Number of Cases in Florida: 830+ (3/23/2020)

  • Fatalities in Florida: 13+ (3/23/2020)

  • Number of Global Cases: 351,000+ (3/23/2020)

  • Global Fatalities: 15,321+ (3/23/2020)

  • Number of U.S. Cases: 35,075+ (3/23/2020)

  • Fatalities in the U.S.: 458+ (3/23/2020)

Miami-Dade County:

  • Miami-Dade County # Cases: 2900+ (3/27/2020)

  • BREAKING: Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)

  • CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)

  • Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)

    • All bars and nightclubs will be closed for 30 days.

    • Restaurants will only be able to operate at half capacity.

    • Exceptions granted if they have a capacity of 10 people or less.

    • Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.

  • Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)

    • Miami-Dade Public Schools have closed this week and next. (3/16/2020)

  • Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)

  • Officials have closed the beach from 5th to 15th Street, including Lummus Park.

  • All city parking garages are closed to non-residents.

  • In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)

    • Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.

  • An entertainment district curfew will go into effect at 11 p.m.

  • All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.

  • Ultra Music Festival has been cancelled.

  • Miami Music Week has been cancelled.

  • ArtScape Concert has been cancelled.

  • The Miami Open Tennis Tournament has been cancelled. 

  • University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)

  • University of Miami Spring Commencement postponed until December. (3/20/2020)

  • The Hardrock Seminole Hotel & Casino has suspended entertainment operations. 

  • Calle Ocho Festival has been cancelled.

  • Mayor Francis Suarez has confirmed that he has COVID-19.

Broward County:

  • Broward County # Cases: 180+ (3/23/2020)

  • Broward County Public Schools are now closed through at least April 15. (3/19/2020)

  • Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.

  • Restaurants and bars must close by 10 p.m.

  • Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.

  • The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.

  • The Wharf Fort Lauderdale is closed until further notice.

  • The listed measures will remain in effect until April 12.

Palm Beach County:

  • Palm Beach County # Cases: 59+ (3/23/2020)

  • Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)

  • Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)

  • Beaches will be closed on Tuesday 3/17/2020

  • Nursing Homes and Assisted Living Facilities are closed to visitors.

  • Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)

National:

  • BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.

  • United States of America # Cases: 35,075+ (3/23/2020)

  • United States of America Fatalities: 458+ (3/23/2020)

  • Income tax filing deadline moved to July 15 (3/20/2020)

  • Foreclosures and HUD evictions have been halted for 60 days.

  • CDC recommends ban on gatherings of 10+ people. 

  • The Players Championship was cancelled & PGA Tour is suspended.

  • NBA, NHL, MLB and MLS have suspended their seasons. 

  • All ski resorts have closed.

In Affordable Housing, Brickell, Closed, Commercial, Community, Construction, Construction News, Downtown, Education, Fort Lauderdale, Hospitality, Hotels, Key Biscayne, Market Report, Miami Beach, Miami-Dade County, Multifamily, N Miami Beach/ Aventura, New Construction, News, North Miami, Palm Beach, Palm Beach County, PortMiami, Public Health, PSA, Restaurants, Retail, Senior Living, South Beach, Travel Tags COVID-19, COVID19, Coronavirus, Mayor Carlos Jimenez, Mayor Francis Suarez, Featured
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Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19

Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19

March 21, 2020

Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. The announcement comes as Miami’s next step in curbing the spread of COVID-19 which has now surpassed 560 cases in Florida and over 123 in Miami-Dade.

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In Hotels, Hospitality, Miami Beach, Miami-Dade County, News, Public Health, South Beach, Brickell, Downtown, Doral, Sunny Isles, Coral Gables Tags Miami Beach, South Beach, News, COVID-19, COVID19, COVID, Coronavirus, Public Health, Mayor Dan Gelber, Miami, Miami-Dade County, Jimmy Morales, Carlos Gimenez, Coral Gables, Downtown, Downtown Miami, Sunny Isles, Sunny Isles Beach, Brickell, Featured
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Miami & South Florida COVID-19 Update (3/16/2020)

South Florida COVID-19 Update (Last Updated: 3/23/2020)

March 20, 2020

Unfortunately there is just no avoiding it, COVID-19, also known as the Coronavirus is here in Miami and spreading. The Cities of Miami Beach and Fort Lauderdale addressed the public regarding new measures taken due large spring break crowds and ongoing concerns over COVID-19 outbreak.

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In Broward, News, Miami Beach, Palm Beach County, Palm Beach, Miami-Dade County, Public Health, PSA Tags Miami-Dade County, Broward, Palm Beach County, Palm Beach, Fort Lauderdale, Miami Beach, Brickell, Downtown, News, Dan Gelber, Dean Trantails, Ron DeSantis, Demetri Demascus, Coronavirus, COVID-19, COVID19, COVID, Featured, Public Health, Public Service Announcement, PSA
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