Miami Real Estate Podcast

NAR Settlement Agreement, Condo Market Health Check & More! — Alicia Cervera Lamadrid | Ep. 86

Miami real estate expert Alicia Cervera Lamadrid shares her perspective on the NAR settlement agreement, the Miami condo market, and key issues impacting South Florida real estate.  
Often hailed as one of Miami's most influential power players, Alicia Cervera Lamadrid stands as an indomitable force in the vibrant South Florida real estate industry. Throughout her remarkable real estate journey, Cervera Lamadrid has worked alongside various iconic developers to achieve the successful sellout of more than 125 luxury high-rise condominiums across South Florida, facilitating over $20 billion in sales. Together with her visionary mother, Alicia Cervera Sr., founder of Cervera Real Estate, and her sister, Veronica Cervera Goeseke, she has played an integral role in the revitalization of neighborhoods across the region, including Brickell, Miami Beach’s South of Fifth, Downtown Miami, Coconut Grove, and Edgewater. 
Today, as Managing Partner of Cervera Real Estate, she oversees more than $4.5 billion of real estate sales in pre-construction and general real estate. Above all, Cervera Lamadrid remains more bullish than ever on the future of Miami and its status as a leading global city.
Host: Omar De Windt
Producer: Veronica Paris
Guest: Alicia Cervera Lamadrid

Economic Insights Report: June 2024 — Dr. Marci Rossell | Ep. 85

Here is your June 2024 Economic Insights Report, presented by Miami Real Estate Podcast correspondent Jessica Edgerton and Dr. Marci Rossell, Chief Economist for Leading Real Estate Companies of the World.

How to Webinar Like a Pro — Olivia Steele | Ep. 84

Olivia Steele, #GIRLBOSS and Digital Business Consultant joins us for an episode on how to upgrade your webinar game, from mastering your presentation skills to maximizing engagement, Olivia shares her top strategies.
Objective Setting
Monetization Strategy
Technology Recommendations
Audience Promotion
Creative Monetization
Olivia Steele is a CEO, Angel Investor, and mother known for her expertise in virtual communication sales strategy. She's pioneering a new venture called Divine Feminine Leader, aiming to redefine virtual client interactions to luxury-level engagements. Olivia has developed the world's only virtual retail sales certifications, collaborating with top luxury brands. She boasts a 1500% increase in sales for brands she's worked with. Olivia is also committed to investing in the future of fearless females, blending innovation, investment, and advocacy in her approach.
 
Host: Omar De Windt
Guest: Olivia Steele
Producers: Omar De Windt; Veronica Aizpurua
Art: Alberto Arevalo
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Economic Insights Report: March 2024 — Dr. Marci Rossell | Ep. 83

In this episode of Economic Insights for March 2024, presented by the Miami Real Estate Podcast in collaboration with LeadingRE and Luxury Portfolio International, our hosts, Chief Economist Dr. Marci Rosell and podcast correspondent Jessica Edgerton, explore the factors influencing the Federal Reserve's target interest rate. With the economy growing at around 2.5% and inflation hovering at 2%, there's a nuanced calculation to determine the appropriate Fed funds target rate. The discussion delves into the importance of monitoring inflation closely and adjusting interest rates accordingly, to maintain economic stability.
Furthermore, they examine the structure of the Federal Reserve System and its regional banks, emphasizing their pivotal role in shaping monetary policy decisions. Shifting focus, they analyze the dynamics of mortgage rates and the challenges facing commercial real estate, particularly office spaces. While some sectors, like warehousing and senior housing, thrive, office space accounts for a significant portion of commercial real estate facing challenges.
Zooming out to a global perspective, they discuss significant shifts in working-age populations in major economies like China, which is facing a decline in its workforce. This demographic trend has far-reaching implications for global economic dynamics. Lastly, they touch on upcoming updates in the antitrust landscape before concluding the episode.
Join them as they navigate through these economic insights, providing valuable perspectives on the current economic landscape. Stay tuned for more updates in their future episodes.

2024 Rental Market Insights — Richard Ross | Ep. 82

In this podcast episode, Richard Ross, CEO of Quinn Residences, discusses the 2024 rental market. Quinn Residences, an institutionally backed developer, owns 5,200 homes in the southeastern U.S., focusing on starter homes. They offer affordable rental communities with amenities and position their homes as 46-50% cheaper to rent than buy. The episode explores rental market trends, Quinn Residences' approach, and future industry trends, including technology and green features. The company collaborates with realtors, considers market expansion, and identifies hot growth markets. Overall, the episode provides insights into the current state and future trends of the rental market.

Economic Insights Report: December 2023 — Dr. Marci Rossell | Ep. 81

Today we’re bringing you the latest Economic Insights by Dr. Marci Rossell, chief economic for Leading Real Estate Companies of the World. This interview features Miami Real Estate Podcast correspondent Jessica Edgerton together with Dr. Rossell delivering her top 5 economic insights of December 2023, including:
 
Federal Reserve Activity 
The Federal Reserve indicated in December that it was likely to make at least three rate cuts in 2024. With CPI inflation at 3% mid-month, just shy of the Fed’s 2% target rate, Dr. Rossell anticipates that Fed cuts are likely to begin in the second quarter of 2024, if not sooner. The December markets rallied in response to the Fed’s announcement, with bank stocks hitting gains not seen since before the March banking crisis. 
 
U.S. Spring Market Predictions 
In mid-December mortgage rates fell below 7% for the first time since August, and consumers responded accordingly, with refis up 2% and year-over-year listings up 7%. Dr. Rossell believes the market will continue to stabilize during 2024, with a notable inflection point for the better coinciding with the Fed’s first anticipated rate cut in the spring. Nonetheless, Dr. Rossell cautions against comparisons to past market patterns. “Sellers may think it’s 2020, and buyers may think it’s 2008. It’s a new year. This will be 2024, and it’s going to be its own thing.” She also cautions us to take economic news during the first quarter with a grain of salt, as markets will likely be lurching through a “two steps forward, one step back” pattern through the end of March. 
 
U.K. Update 
The overall outlook for the U.K.’s housing market improved in November, with sales up for the first time since November 2022. While market analysts were keeping a close eye on a steeper-than-usual decline in U.K. home prices in December, Dr. Rossell does not anticipate massive disruptions to their housing market in 2024. She notes that the country’s years-long adjustment to Brexit is coming to a close, and “we’re far enough into the new economic reality that the shockwaves are diminishing as long-term stability – both economic and political – sets in.” 
 
2023 U.S. Labor Market in Review 
When asked what surprised her the most about the 2023 economic climate, Dr. Rossell responded: “The ongoing strength of labor markets. We raised rates from 0% to over 5%, and while inflation came down accordingly, we saw no meaningful impact to the labor market. Folks not only kept their jobs, but we saw 200K new jobs created every month.” She attributes the strength of the jobs market in 2023 in part to online professional networks creating less lag- time for individuals between jobs, as people tap into their networks and avoid longer-term unemployment. 
 
All Eyes on AI in 2024 
When asked about uncertainties of particular concern to her in 2024, Dr. Rossell stated that AI regulation should be a priority for legislators in the coming year, as the technology’s impact on markets and the economy will continue to grow exponentially. “I’m concerned we can’t seem to get it together enough to pass simple things like a farm bill,” she said. Given the significant implications of 
AI, Dr. Rossell believes reasonable AI-focused lawmaking will be necessary to prevent potential unintended consequences to the economy in 2024. 
 
Host: Omar De Windt
Guest: Dr. Marci Rossell
Producers: Omar De Windt; Veronica Aizpurua
Art: Alberto Arevalo 
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Navigating Senate Bill 4D and Property Transformations — John Cadden | Ep. 80

In this episode of Navigating Senate Bill 4D and Property Transformations, we dive deep into the transformative landscape of condominium ownership, guided by the sweeping changes brought about by Senate Bill 4D. Join us as we explore the impact of these legislative shifts on consumers, homeowners, and investors alike, unraveling the intricacies of condo conversions and deconversions.
Our expert guest sheds light on the defining processes and circumstances that lead to each transformation, providing valuable insights for those navigating the evolving real estate terrain. Learn how businesses in this space play a crucial role in assisting others and discover the potential pitfalls condominium owner's associations may encounter during the deconversion journey.
As we dissect the biggest mistakes associations make in the deconversion process, we also unravel the risks associated with a DIY termination versus enlisting the expertise of specialized groups. Whether you're a homeowner, investor, or part of a condominium association, this episode offers a comprehensive guide to understanding and navigating the changing dynamics of property ownership in the wake of Senate Bill 4D.

Economic Insights Report: October 2023 — Dr. Marci Rossell | Ep. 79

In the latest Economic Insights interview with Dr. Marci Rossell, Chief Economist for Cervera Real Estate's global affiliate Leading Real Estate Companies of the World, led by Miami Real Estate Podcast correspondent Jessica Edgerton, several key economic topics were discussed. These include the impact of the Israel-Hamas war on oil prices and U.S. interest rates, China's housing crisis and its effect on consumer confidence and growth forecasts, the strong performance of the U.S. economy with low unemployment and a reduced likelihood of a U.S. recession, as well as challenges in the U.S. housing market, such as high mortgage rates, tight inventory, and slower home sales.

Carlos Castellon — Foreign Buyer’s Guide to Taxes, Structuring, and Investment Strategies | Ep. 78

Carlos Manuel Castellon, CPA has more than 40 years of professional experience in tax and business advisory services. He frequently consults with foreign individuals and companies entering the United States with tax, financial, business, and immigration matters.
In this episode, Carlos addresses the most frequently asked questions foreign buyers have when purchasing real estate in the U.S.
Do I need a Visa to buy Real Estate in Florida? Should I buy under my name or under an entity? What is the best structure to reduce income taxes when investing in Real Estate? These questions and more are explored in this episode. 
About Carlos:
Carlos Manuel Castellon, CPA, graduated from Florida International University (FIU) in 1982 with a bachelor’s degree in business administration with a concentration in accounting and taxation.
He began his career in public accounting in 1982 with KPMG, a "Big 4" international accounting firm. He then opened his own firm in 1987 and it has grown to become one of the most recognized Hispanic CPA firms in South Florida specializing in International Taxation.  Castellon Halloun PL is a founding member of ICG-International Consulting Group, an alliance of tax professionals, attorneys, and consultants in more than 25 countries.
He has been a member and director of the following organizations:
Founder and president of ICG-International Consulting Group. ICG is an alliance of prestigious consulting, legal and accounting firms with offices in over 25 countries in the Americas, European and Asian continents.
Board of directors of Florida International University (FIU) Honors College
Board of directors of the international committee of the Miami Chamber of Commerce
Director & Board member of Citrus Health Network: a non-profit mental health hospital
Member of the Cuban American Certified Public Accountants
Member of the American Institute of Certified Public Accountants (AICPA)
Member of the Florida Institute of Certified Public Accountants (FICPA)
Host: Omar De Windt
Producers: Omar De Windt; Veronica Aizpurua
 

Paulo Bacchi On Artefacto’s 1st Branded Tower in the USA: Origin Residences | Ep. 77

Artefacto CEO and design visionary Paulo Bacchi joins Miami Real Estate Podcast host Omar De Windt for a conversation about the company’s first US-branded luxury condominium tower: Origin Residences by Artefacto — an exclusive collection of 27 waterfront luxury 2- to 4-bedroom residences nestled on the westernmost part of Miami’s Bay Harbor Islands.
 
About Artefacto
Artefacto is internationally recognized as South Florida’s go-to for captivating multi-million-dollar condos in the most iconic architectural towers, as well as custom estates from Miami to Palm Beach. Brand loyalists span South Florida’s top brokers and developers, to interior designers and architects, to celebrities and socialites, who rely on Artefacto for turn-key interiors that elevate and define South Florida living. A signature Artefacto home features layered organic textures and furnishings, surrounded by warm contemporary luxuries. Rooms are styled around a single statement piece, while embracing a full monochrome aesthetic, rich in neutral tones.
 
CEO Paulo Bacchi started building his legacy at 18 when he joined the company founded by his father Albino in São Paulo in 1976. He tripled Artefactos business in the ‘90s and took over the company a decade later, expanding his company to the US in 2002. Today, Paulo instills his passion and work ethic in his twin sons, Bruno and Pietro, who started working at the age of 14, learning from their father’s example. His sons now work closely with him on all areas of the business, including operation of the expansive local distribution center and vast inventory, to create singular turn-key lifestyles in South Florida’s most coveted neighborhoods. For more information, visit Artefacto.com or an Artefacto showroom in Aventura, Coral Gables, or Doral.
 
About Origin Residences by Artefacto
Origin Residences by Artefacto is a new luxury boutique condominium in Miami’s exclusive and exciting Bay Harbor Islands. This new luxury waterfront development features an exclusive collection of 27 expansive two-to-four bedroom residences, ranging from 1,300 square feet to 2,330 square feet, and offers residents a private marina with direct access to the Atlantic Ocean and the Miami and Fort Lauderdale Intracoastal waterways. The development will feature top-of-the-line amenities including a panoramic rooftop pool with poolside summer kitchens and bar, a lobby lounge[AR1] , a kids playroom, a co-working meeting space, a gym with state-of-the-art equipment, a 24/7 attended lobby, a pet zone, and more.  Each unit features an expansive floor layout with floor-to-ceiling sliding glass doors and windows, panoramic private balconies, Italian porcelain flooring and more.
 
Host: Omar De Windt
Guest: Paulo Bacchi
Producer: Vero Aizpurua