A lady and a legend
There’s an old saying, “Behind every successful man there is a wise woman.” So who exactly stands behind the powerhouse females that pepper our workplace? Apparently, it’s their own God-given ingenuity and tenacity. In the case of Alicia Cervera Sr. it’s precisely those traits…..and a diamond engagement ring that got her to where she is today.
Veronica Cervera, A Magnetic Magnate
Veronica Cervera gazes out across Biscayne Bay as a mid-summer Miami thunderstorm opens violet seams in the firmament above. Construction crews reshaping the downtown area scurry for cover, The potential energy in the air is about to turn critical. Tower cranes dangle in the hazy atmosphere like mobiles above a child’s crib. "Miami is a silver of what it’s going to be," she laughs. "Its just a toddler."
Fueled by overseas buyers, South Florida condo sales soar
Veronica Cervera, president of Miami-based Cervera Real Estate, which specializes in condos on Brickell, downtown Miami, Miami Beach and Key Biscayne, said she has seen a surge in international buyers including those from Italy, Germany, Spain, Sweden, Greece and even China. Many are buying vacation homes, she said.
Upscale condo tower finished amid meltdown 57% sold
The Omni area’s Marquis Residences is close to 60% sold – a significant milestone for an upscale condo tower delivered amidst Miami’s residential market meltdown. Unlike most new high-rise condos in Miami’s urban core that are selling mainly to international investors, many of Marquis’s buyers are end-users, including locals and a handful of celebrities. The 292-unit tower at 1100 Biscayne Blvd. has sold 167 condos, representing about 57% of its inventory.
South Florida home, condo sales begin 2011 with a surge
South Florida saw existing home sales hit stride in January, with more than 2,500 condos sold in the month. But the sales surge—the largest since 2005—came amid still-drooping prices.
Real estate: It's time to buy again
From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom's image of the lanky Texas rancher. On a recent March evening, Castleman is feeding cattle biscuits to his two pet longhorn steers, Big Buddy and Little Buddy, on his 460-acre Bar Ten Creek Ranch in Dripping Springs, a hamlet outside Austin in the Texas Hill Country. The spread is a medley of meandering streams, craggy cliffs, and centuries-old oaks. But even in this pastoral setting, his mind keeps returning to a subject he knows as well as any expert around: the housing market.