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COVID speeds up financial and tech company relocations to Florida


COVID speeds up financial and tech company relocations to Florida
Last spring, Ian Campbell, CEO of technology consulting firm Nucleus Research, called a staff Zoom meeting to announce that he would be leaving Boston and moving to Miami. Campbell, who founded the firm in Boston in 2000, felt it made sense to open an office in Miami.
Boston’s high cost of living and traffic were making it increasingly difficult to attract and retain young, talented workers, he says. Meanwhile, he and his staff had proven during the coronavirus shutdown that they could make telecommuting work. He gave his 15 employees the choice of staying in Boston or moving to Miami. All but two chose the latter. ....

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Pandemic fuels housing inventory crisis, homes could run out


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The desire for comfy digs and low mortgage rates led many Americans to buy homes amid the pandemic.
Existing homes for sale are scarce, and building new ones is pricey.
Experts say homes will get even more expensive this year as inventory shrinks further.
Odds are high that you ve browsed Zillow at some point in the past year.
House hunting during the pandemic has become so common that Saturday Night Live based a whole parody sketch on the aspirational pastime.
Some of the quarantine-weary simply scroll photo slideshows of real-estate listings to imagine life with granite countertops or a waterfall shower, but others actually want to move and take advantage of low mortgage rates and a newfound flexibility for many to work from home to upgrade and put down ....

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The Ritz-Carlton Residences, Miami Beach Developed By Lionheart Capital Sells Over $130 Million In 75 Days


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The Ritz-Carlton Residences, Miami Beach Developed By Lionheart Capital Sells Over $130 Million In 75 Days
The Ritz-Carlton Residences, Miami Beach Developed By Lionheart Capital Sells Over $130 Million In 75 Days
MIAMI BEACH, Fla., March 8, 2021 /PRNewswire/  Lionheart Capital, a Miami-based real estate development and capital investment firm, announced that as of March 5, 2021, the Douglas Elliman Development Marketing sales team has sold 30 residences in the last 75 days at The Ritz-Carlton Residences, Miami Beach, totaling over $130 million in sales. With South Florida s recent real estate boom, the sales milestone is evidence to the demand for luxury condos in South Florida and buyers looking to live in one of Miami s most affluent neighborhoods. The 111-condominium residential development continues to attract local and Northeasterners and is nearly 90 percent sold. Reaching another astounding sales milestone, The R ....

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