Had 3 closings scheduled for last Friday. Closing agents didn't prepare the HUDS. Supposedly done today. Let's see if we close today. This will bring NBR Capital to 5 properties under ownership #roadto5mAUM
Closed on the first 3 of 7 total single family homes this month.
Running the program
Creating value
Establishing a long term return schedule
Insurance came in light. Capex came in heavy on the first 3. Let’s see how the other 5 play out
Road to $5m AUM in 2026 started November 2025
Weird habit I have with business clients. The more significant you are to me, I don’t save your number. Idk why. When the deal is done, or dead, I save their info. Not very organized, but it works for me, odd tick I know.
Why is that when you are departing on a flight, zero service while waiting for take off.
When you are arriving, no issues when you land.
Is it just me?
New listing in Gables Estates FL
Classic Mediterranean or Neutral White?
$27,500,000
- 11,500 sqft
- 8 beds
- 10 (2) baths
- private gated community
- 388’ water frontage with only one neighbor
13,211 individuals with a net-worth 30M+ own second homes in Miami. Solidifying it as the #1 destination for ultra wealthy buyers to own a second home @SFBJNews
$169M property coming to market in Miami. I think it will break the current record of $104M.
Wild to see a $49M sale 10 years ago was the record for a completed, brand new home when I started selling properties in Miami Beach. Now I am emailing clients $169M piece of dirt.
Interesting. After successfully transacting on North Bay Road Miami for over $105M - Sonny Khan dropped $28M in Manalapan. I wouldn’t mind being neighbors with @larryellison either
Miami’s real estate market isn’t cooling for everyone. Billionaire Adam Neumann is are doubling down — $525M into 6.2 acres on the river. Projects like this keep fueling the city’s transformation into a global hub!
National median days on market: 58.
South Florida: 88.
Even with high insurance costs and steep HOA fees, sellers here are choosing patience over price drops.
#Miami#HousingTrends#realestate
In most markets, long listing times = price cuts.
Not in South Florida.
Only 18% of listings lowered prices in July.
Most sellers are simply taking their homes off the market and waiting for better days.
#RealEstate