A recent Master Brokers Forum (MBF) panel discussion hosted at Residences by Armani/Casa explored the dramatic impact of numerous forces and influences on Miami’s real estate market. A home-grown network of South Florida’s top-producing real estate professionals, the MBF convened a blue-ribbon panel of local experts to share their thoughts on the topic of “2016: A Year of Opportunity”.
Chaired by Donna Bloom and Ralph De Martino, this event welcomed more than 100 Master Brokers who renewed acquaintances and networked during a beachfront reception at the extraordinary $10 million Residences by Armani/Casa (RBAC) sales center, located at 18325 Collins Avenue in Sunny Isles Beach. Gil Dezer, president of Dezer Development (co-developers of RBAC, along with The Related Group), greeted the guests, thanked the broker community for their support of the project, and spoke about the extraordinary new ultra-luxury condominium. RBAC will encompass 56 stories and 308 units, priced from $2 to over $15 million and ranging from 1,350 square feet to 4,160 square feet. Amenities include a lounge on the lobby level and a Prive area, a fine dining restaurant, cigar room and wine cellar, heated swimming pool, ocean-facing fitness center, two-story revitalization spa with indoor and outdoor treatment rooms, movie theatre and clubroom, and exclusive beach amenities on a 300-foot stretch of private shore.
This was followed by an engaging panel discussion (moderated by MBF chair Jeff Morr) featuring the leaders of some of Miami’s largest real estate brokerages. The participants included Michael Pappas, president and CEO of The Keyes Company; Jay Phillip Parker, CEO of Douglas Elliman Florida; and Ron Shuffield, president and CEO Esslinger-Wooten-Maxwell Realtors. The three discussed a wide variety of factors currently impacting the Miami real estate market, including the shifting profiles and needs of foreign buyers, global political and military trends, an expected rise in interest rates, the importance of correct pricing, and the uncertainty of upcoming U.S. elections.
“Once again, 2016 looks to be a fascinating year for Miami real estate observers and participants, who will be relying upon the advice of their brokers and agents more than ever,” said Morr. “We thank our generous sponsors for their continued support of the MBF, and these outstanding panelists for their keen insight and perspective.”
