Bubble, Bubble, Signs of Trouble
For the past 50 years, the Miami condominium market has followed a boom and bust cycle. Developers, investors and buyers rush to purchase new products, creating an unsustainable bubble. But despite that history, the hard lessons of the past can easily be...
Don’t Miss The Obvious!
Two years ago at CCIM’s annual South Florida meeting, our consultants took a close look at the downtown Miami condo market, and warned against the risk of overbuilding. Market conditions would be particularly challenging for developments in secondary locations with...
Recognized for Innovation
Professional Builder's recent 75th anniversary edition included a profile of pioneering market researcher Sanford R. Goodkin, who co-founded Goodkin Research in 1959 with his brother Lewis Goodkin. "My brother Sandy brought plenty of new ideas to the market, and we...
South Florida Builders Face Challenges in a Changing Market Landscape
While South Florida’s residential builders would like to ramp up production in 2017 to meet pent-up demand, they must overcome two challenges: finding suitable land in highly populated markets and constructing affordable and attractive products. Builders also face...
Bal Harbour Shops Engages Goodkin for Study
Goodkin Consulting completed a market research study for Bal Harbour Shops, the landmark South Florida luxury retail center, in conjunction with a planned 400,000-square-foot addition. The center will add a new anchor, Barneys of New York, which was highlighted as a...
Goodkin Assists Investment Fund
Goodkin Consulting recently completed a market and feasibility study for one of the largest investment funds in the real estate industry, The study involved one of the largest high-rise condominium buildings to be built in Miami.
Goodkin Studies ‘American Dream’
Goodkin Consulting completed a market demand study for the developers of American Dream, the nation’s largest shopping and entertainment center to be built in western Miami-Dade County. The client was the developer of Mall of America in Bloomington, MN.
Market Study Completed for Mississippi Development
Goodkin Consulting conducted a major market study for a new Town Center in Jackson, Mississippi, for the bank that foreclosed on the site. The study identified residential rental apartments, for-sale residential housing, senior housing and a retail and office...
Goodkin Looks at Miami’s Future
At the 2015 CCIM Commercial Real Estate Outlook Conference, Lewis Goodkin predicted that the high level of competition in Miami’s luxury condominium market would negative impact active projects, increase marketing costs and squeeze profit margins. He also warned that...
‘Green’ Features Can Add to Affordability
Linking two popular concepts - “green” and “affordable” – will be one of the keys to success for builders and developers in the 2011 market. That’s because most residential buyers and multifamily renters do not yet understand how these frequently used marketing terms...