{"id":1004122190,"date":"2015-06-29T09:55:41","date_gmt":"2015-06-29T17:55:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004122190"},"modified":"2022-12-08T23:15:40","modified_gmt":"2022-12-09T07:15:40","slug":"naree-miami-slideshow","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/naree-miami-slideshow\/","title":{"rendered":"NAREE Miami Slideshow"},"content":{"rendered":"

By Anna Spiewak, Senior News Editor <\/object><\/em><\/p>\n

The Miami real estate\u00a0market is unstoppable. And bigger and more expensive is the trend. New buildings are going up in every corner. Since 2011, 71 buildings, with 19,834 units, have been proposed, planned or completed. And that’s just residential construction, according to Condo Vultures, which tracks South Florida building activity. CPE<\/em> got a tour of two new hotels going up or that have gone up, during NAREE’s 49th Annual Journalism Conference this June. Both of these brands are grabbing a piece of the\u00a0real estate construction pie in a hospitality hungry market.<\/p>\n

First stop was The Ritz-Carlton Residences<\/strong> in Miami Beach. The prominent brand is in the midst of building 111 condominiums. The company is also creating 15 single-family homes with their own boats. Lionheart Capital is the developer behind the project, which showcased\u00a0renderings of the final designs. The lowest price for such a residence goes for under $2 million. And average price is $4.5 million, according to Ophir Sternberg, the founding partner &\u00a0CEO of Lionheart.<\/p>\n

Second stop was 1 Hotel & Homes<\/strong> in South Beach. This eco-friendly luxury hotel, using nature inspired ethics, opened this\u00a0March. \u00a0The brand has 151 condos, four swimming pools and 426 rooms. The VIP pool area on the penthouse floor already included the likes of Paris and Nicky Hilton, celebrating the latter’s bachelorette party, according to staff. Overnight stay goes for $599 a night.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Miami real estate market is unstoppable. And bigger and more expensive is the trend. <\/p>\n","protected":false},"author":952,"featured_media":1004122197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22251,21793,21742],"tags":[],"class_list":["post-1004122190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus","category-multimedia","category-latest"],"acf":[],"yoast_head":"\nNAREE Miami Slideshow - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/naree-miami-slideshow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAREE Miami Slideshow\" \/>\n<meta property=\"og:description\" content=\"The Miami real estate market is unstoppable. 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