When you look around the world and you consider the factors of the environment, climate, amenities, risk and appreciation, Miami ranks way high up there.

The U.S. consumer confidence data clearly had an impact on almost all the markets today.

I figured I either give him a high five or he'd beat the [crap] out of me. I figured the high five was better.

If we have a prolonged period of uncertainty in Argentina then maybe that will start to have a negative impact on Mexico.

There's no place really in Miami where you can take [people] night after night that will have a nice dinner, a tremendous show, and maybe dancing afterwards.

Construction costs in Las Vegas have gone through the roof. I think many developers around the country are having difficulties starting some projects.

There definitely is an appearance issue, ... Now whether or not there's a reality issue, I don't know.

Once you start changing factors of the use, you start altering that vestment. They're seeking to be classified as a multi-family facility, while retaining the right to rent daily.

This is the most complicated development plan the city has had to handle in the last 20 years, ... But there is nothing really unique about the situation. It is just complex.