Miami Beach Real Estate Slowly Recovering From a Slowdown

The real estate industry in Miami Beach, Florida has grown tremendously over the years. The market has in the recent past experienced stability and is sustainable despite being hit by a slowdown with most effect felt in the most expensive areas. The slowdown saw a drop in prices in the first quarter last year though sales increased by a third in comparison to the prior year.

A recent report by Douglas Elliman and Miller Samuel showed that the price in Barrier Island and Miami Beach came down by 7.5 percent over time to $905,252 while that of median dropping by 6.6 percent to 408,750. Delays in selling properties were experienced, with the number of days taken to sell increasing to 97 from 53 over the years.

The Coverage

According to real estate agents, the slowdown was brought about by reduced demand from overseas buyers as well as emerging luxury condos that are being constructed. The coastal areas were not hit by the crisis since they don’t rely on foreign sales. Areas like Boca Raton, Fort Lauderdale, and Palm Beach have experienced increased demand as they are preferred by many retirees and their families. The Miami Beach real estate market comprises of Bal Harbor, Bay Harbor Islands, Key Biscayne, Fisher Island, and the Sunny Isles Island. While the Miami Market covers Coral Gables, Pinecrest, Palmetto Bay, South Miami, and Aventura.

About Samuel Strauch

Samuel Strauch attended Hofstra University where he graduated with BA in International Business. He also pursued business at the Harvard University and International Finance and International Marketing at Erasmus University Rotterdam.

Click here to learn more about Samuel Strauch.

Samuel Strauch’s career started off as a banker but later left to join the real estate industry, working at his family’s business in South Florida. He began his real estate company, Metrik Real Estate in 2002. Samuel Strauch has other investments in restaurants and the Internet sector and has some interests in art and photography.

Related:  https://vimeo.com/user12031018

 

 

Securus Technologies Is In High Demand

When anyone around the country is in need of technology for the public safety field, they contact Securus Technology. This company is in high demand all around the nation with companies and correction facilities. They have the ability to create the technologies that are necessary, and the latest one they have put out is the Video Visitations.

 

Video Visitations helps so much in the correction facilities because it allows the inmates to have the interaction that they desire with their loved ones. This is important to their well being and mental health, and they are in better moods. This, in turn, keeps the whole environment a lot safer for everyone that is involved, from the prisoners to the visitors. The company’s customers are very pleased with what they did with this technology, and they look forward to much more from them.

 

Securus Technologies is a company that is creating new technologies on a weekly basis in order to help in the civil and criminal sectors of justice. They are in constant contact with the government, and they deal with over a million inmates regularly. With all that they can do, they intend to make the world a safer place. They will succeed because they have a very dedicated staff that produces excellent results.

 

ARTHUR BECKER DOING THE EXTRAORDINARY IN REAL ESTATE

Arthur Becker is a graduate of Bennington College. He is holder of a mixed major in pre-med, ceramics and also photography. He went to business school at Amos Tuck and began his work by moving the 18th century American houses in New England and there after he became the CEO of two technology companies. In 1990 he got into the photography industry with the intention of creating images with texture, unbound by perspective constraints of the cameras lens. His work has so far been exhibited at Morgan Walker Fine Art and the Hal Katgzen in New York. Also in ArcatureFine Art in Palm Beach, Art Basel and Fl.

Since 1999 Becker has been a Private Investor, served in the position of a CEO of Zinio LLC, he has also been the CEO of Navisite company since February 2003 to 2010. Becker held the position of Vice Chairman and Director of Clear Blue Technologies Company for five years. He is the cofounder of Atlantic Investors LLC. Moreover, he was the senior Advisor of Vera Wang fashion company for 7 years. He has been a Managing member of Madison Technologies LLC.

Arthur is owns three prestigious townhouses on Sullivan Street; a fast growing neighbourhood He invested in 10 Sullivan Street, and has ownership of 30,40,50 Sullivan street. These houses were as result of a partnership in development between Kevi Maloney and Robert Gladstone’s Madison Equities. The town houses which are not completed will be finished in 90 days.

Becker plans to settle in one of the houses and lease or sell the other remaining two. As a result of the large backyards the prices will be a bit high than the Sullivan. With the fortune from the technology industry Becker has invested $500 million into the New York real estate industry. Making him one of the largest real estate investors in New York, says perezhilton.com. This is through his Atlantic Investors company. In addition to the 10 Sullivan he has further invested alongside JDS Development Group, Property Market Group and Ambase corporation at 111 West 57th Street. Becker continues to make a great impact in both technology and real estate.

https://en.wikipedia.org/wiki/Art_Becker