The US Treasury Departments Financial Crimes Enforcement Network (FinCEN) to begin tracking high-end real estate sales! FinCEN Takes Aim at Real Estate Secrecy in Manhattan and Miami “Geographic Targeting Orders” Require Identification for High–End Cash Buyers WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. […]
Spending over 40% of income on rent is nothing new in New York City, Los Angeles and Miami but… Those trends are taking hold in more and more metro areas around the country as well! So while rents continue on a sharp upward trajectory, it may surprise some (or not) that while the national average of monthly income […]
Driving to attract foreign buyers looking for dollar-denominated investments in the form of 2nd, 3rd and even 4th homes, developers need to remain squarely on the cutting edge of luxury and innovation! The developer of The Porsche Design Tower in Miami, Gil Dezer, in conjunction with the Porsche Design Group has succeeded by offering the first […]
