ICC Associates

Banks continue pulling back on financing new hotel rooms in Miami

www.iccassoc.com

https://therealdeal.com/miami/2017/01/20/metro-1-and-finvarb-pay-18m-for-site-near-brickell-city-centre-plan-mixed-use-hotel/

Metro 1 and Finvarb pay $18M for site near Brickell City Centre, plan mixed-use hotel Tony Cho and Robert Finvarb are diving into unchartered territory – at least for the Wynwood and Miami Beach-based developers. A joint venture between Metro 1 Development and Robert Finvarb Companies has purchased three properties near Brickell City Centre for $18.4 million with plans to brea

http://www.usatoday.com/story/money/2017/01/20/many-restaurant-chains-still-strugglng/96840038/

Many restaurant chains still strugglng Restaurant chains last posted some of their weakest results since the recession last year, with sales and foot traffic continuing to decline, according to a new report.

https://therealdeal.com/miami/2017/01/20/real-estate-lending-is-stagnating-new-acquisitions-are-on-hold-panels/

Real estate lending is stagnating, new acquisitions are on hold: panels Real estate lending is stagnating across all sectors, and developers are uneasy about making new acquisitions since the start of the year, panelists said at the Florida Real Estate Women's Forum on Thursday. Some attributed the uncertainty to President Donald Trump and the effect many of his prop

https://therealdeal.com/miami/2017/01/19/venezuela-leads-south-floridas-6-2b-in-foreign-resi-investment-in-2016-report/

Venezuela leads SoFla's $6.2B in foreign resi investment in 2016: report Foreign investors spent $6.2 billion on residential properties in South Florida last year with Venezuela leading the pack, according to the Miami Association of Realtors. Buyers from Venezuela, Argentina, Brazil and Colombia, and Canada spent the most on homes in Miami-Dade, Broward, Palm Beach

ICC Associates in the news!

http://www.naplesnews.com/story/news/2016/10/24/naples-outlet-center-get-facelift/92414982/

Naples Outlet Center to get facelift The Naples Outlet Center off Collier Boulevard near Marco Island will undergo an extensive renovation.

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http://www.cnbc.com/2016/10/24/starwood-ceo-im-bullish-on-real-estate.html

Starwood CEO: 'I'm bullish' on real estate With home prices rising and the election almost over, one hotel chief is bullish on the post-election real estate market.