Wealthy Brazilians who are facing an economic crisis in their homeland have been investing their money in what they perceive as the best place to invest, the South Florida real estate. Other countries in Latin America like Argentina, Columbia, Mexico and Venezuela are also doing the same. Miami real estate is appreciating while other investments have become volatile. Despite the high influx of money from...
Last January 13, 2016, federal authorities announced that they will require title insurance companies to disclose the identities of high end homebuyers. The order, issued by the Financial Crimes Enforcement will be implemented on the first of March and will expire on the 27th of August 2016. The order requires title insurance companies to reveal the true identities of shell companies that drop $1 million...
Pablo Escobar’s former Florida mansion located at 5860 North Bay road will be demolished starting next week says Miami property management. In addition, the demolition will be filmed and will be made into a documentary film. The CEO of Chicken Kitchen, Christian de Berdouare and his wife Jennifer Valoppi bought the pink mansion at North Bay road last May 2014 for $9.6 million. After an extensive search...
