TRT - Testosterone Replacement Therapy in South Miami, FL

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 HRT For Men South Miami, FL

What is Testosterone?

Testosterone is a crucial hormone for men and plays an important role throughout the male lifespan. Most of a male's testosterone is produced through the testicles. Also called the male sex hormone, testosterone starts playing its part during puberty.

When a male goes through puberty, testosterone helps males develop:

  • Facial Hair
  • Body Hair
  • Deeper Voice
  • Muscle Strength
  • Increased Libido
  • Muscle Density

As boys turn to men and men grow older, testosterone levels deplete naturally. Sometimes, events like injuries and chronic health conditions like diabetes can lower testosterone levels. Unfortunately, when a man loses too much T, it results in hypogonadism. When this happens, the testosterone must be replaced, or the male will suffer from symptoms like muscle loss, low libido, and even depression.

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How Does TRT Work?

TRT is exactly what it sounds like: a treatment option for men that replaces testosterone so that your body regulates hormones properly and restores balance to your life. Also called androgen replacement therapy, TRT alleviates the symptoms that men experience with low T.

Originally lab-synthesized in 1935, testosterone has grown in popularity since it was produced. Today, TRT and other testosterone treatments are among the most popular prescriptions in the U.S.

Without getting too deep into the science, TRT works by giving your body the essential testosterone it needs to function correctly. As the primary androgen for both males and females, testosterone impacts many of the body's natural processes – especially those needed for overall health. For example, men with low T are more prone to serious problems like cardiovascular disease and even type-2 diabetes.

When your body quits making enough testosterone, it causes your health to suffer until a solution is presented. That's where TRT and anti-aging medicine for men can help. TRT helps balance your hormones and replenish your depleted testosterone. With time, your body will begin to heal, and many symptoms like low libido and irritability begin to diminish.

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What Causes Low T?

For men, aging is the biggest contributor to lower testosterone levels, though there are other causes like obesity, drug abuse, testicular injuries, and certain prescribed medications. Sometimes, long-term health conditions like AIDS, cirrhosis of the liver, and kidney disease can lower testosterone levels.

When a man's testosterone levels drop significantly, it alters his body's ratio of estrogen and testosterone. Lower testosterone levels cause more abdominal fat, which in turn results in increased aromatase, which converts even more testosterone into estrogen.

If you're concerned that you might have low T, you're not alone. Millions of men in the U.S. feel the same way. The best way to find out if your testosterone is low is to get your levels tested.

For sustainable testosterone replacement therapy benefits, you must consult with hormone doctors and experts like those you can find at Global Life Rejuvenation. That way, you can find the root cause of your hormone problems, and our team can craft a personalized HRT plan tailored to your needs.

 Sermorelin South Miami, FL

Low Sex Drive

One of the most common reasons that men choose TRT is because they have lost that "spark" with their partner. It's not easy for a man to hear that they're not performing like they used to. Intimacy is a powerful part of any relationship. When a once-healthy sex life dwindles, it can cause serious relationship issues.

The good news is that low libido doesn't have to be a permanent problem. TRT and anti-aging medicines help revert hormone levels back into their normal range. When this happens, many men have a more enjoyable life full of intimacy and sex drive.

 TRT South Miami, FL

Inability to Achieve and Maintain an Erection

Weak erections – it's an uncomfortable subject for many men in the U.S. to talk about. It's even worse to experience first-hand. You're in the midst of an intimate moment, and you can't do your part. Despite being perfectly normal, many men put blame and shame upon themselves when they can't achieve an erection. And while the inability to perform sexually can be caused by poor diet, obesity, and chronic health conditions, low testosterone is often a contributing factor.

Fortunately, weak erections are a treatable condition. The best way to regain your confidence and ability in bed is to speak with your doctor. Once any underlying conditions are discovered, options like TRT may be the best course of treatment.

Hair Loss

 Hormone Replacement  South Miami, FL

Loss of Strength and Muscle Mass

Do you find it harder and harder to work out and lift weights in the gym? Are you having problems lifting heavy items that you once had no problem lifting?

Recent studies show that when men are inactive, they lose .5% of muscle strength every year, from ages 25 to 60. After 60, muscle loss doubles every decade. While some muscle loss is common as men age, a significant portion can be tied to low testosterone levels. When a man's T levels drop, so does his muscle mass.

Testosterone is a much-needed component used in gaining and retaining muscle mass. That's why many doctors prescribe TRT South Miami, FL, for men having problems with strength. One recent study found that men who increased their testosterone levels using TRT gained as much as 2.5 pounds of muscle mass.

Whether your gym performance is lacking, or you can't lift heavy items like you used to, don't blame it all on age. You could be suffering from hypogonadism.

Testosterone Replacement Therapy South Miami, FL

Hair Loss

If you're like millions of other men in their late 20s and 30s, dealing with hair loss is a reality you don't want to face. Closely related to testosterone decline and hormone imbalances, hair loss is distressing for many men. This common symptom is often related to a derivative of testosterone called DHT. Excess amounts of DHT cause hair follicles to halt their production, causing follicles to die.

Because hair located at the front and crown is more sensitive to DHT, it grows slower than other follicles and eventually stops growing permanently. Thankfully, TRT and anti-aging treatments for men in South Miami, FL, is now available to address hair loss for good.

While it's true that you can't change your genes, you can change the effects of low testosterone on your body. Whether you're suffering from thinning hair or hair loss across your entire head, TRT and other hormone therapies can stop hair loss and even reverse the process.

 TRT For Men South Miami, FL

Gynecomastia

Also called "man boobs," gynecomastia is essentially the enlargement of male breast tissue. This increase in fatty tissue is often caused by hormonal imbalances and an increase in estrogen. For men, estrogen levels are elevated during andropause. Also called male menopause, andropause usually happens because of a lack of testosterone.

If you're a man between the ages of 40 and 55, and you're embarrassed by having large breasts, don't lose hope. TRT is a safe, effective way to eliminate the underlying cause of gynecomastia without invasive surgery. With a custom HRT and fitness program, you can bring your testosterone and estrogen levels back to normal before you know it.

 HRT For Men South Miami, FL

Decreased Energy

Decreased energy was once considered a normal part of aging. Today, many doctors know better. Advances in technology and our understanding of testosterone show that low T and lack of energy often go hand-in-hand.

If you're struggling to enjoy activities like playing with your kids or hiking in a park due to lack of energy, it could be a sign of low T. Of course, getting tired is perfectly normal for any man. But if you're suffering from continual fatigue, a lack of enjoyment, or a decrease in energy, it might be time to speak with a doctor.

Whether you're having a tough time getting through your day or can't finish activities you used to love, TRT could help.

 Human Growth Hormone South Miami, FL

Lack of Sleep

A study from 2011 showed that men who lose a week's worth of sleep can experience lowered testosterone levels – as much as 15%, according to experts. Additional research into the topic found almost 15% of workers only get five hours of sleep (or less) per night. These findings suggest that sleep loss negatively impacts T levels and wellbeing.

The bottom line is that men who have trouble sleeping often suffer from lower testosterone levels as a result. If you find yourself exhausted at the end of the day but toss and turn all night long, you might have low T.

TRT and anti-aging medicines can restore your T levels back to normal, which can help you sleep better with proper diet and exercise.

 Ipamorelin South Miami, FL

Depression

You're feeling down about everything, and there's no solid explanation for why you're in such a crummy mood. Your daily life is great and full of success, but you can't help but feel unexcited and unmotivated. If you're experiencing symptoms like these, you may be depressed – and it may stem from low testosterone.

A research study from Munich found that men with depression also commonly had low testosterone levels. This same study also found that depressed men had cortisol levels that were 67% higher than other men. Because higher cortisol levels lead to lower levels of testosterone, the chances of severe depression increase.

Depression is a very real disorder and should always be diagnosed and treated by your doctor. One treatment option gaining in popularity is TRT for depression. Studies show that when TRT is used to restore hormone levels, men enjoy a lighter, more improved mood. That's great news for men who are depressed and have not had success with other treatments like anti-depression medicines, which alter the brain's chemistry.

 Sermorelin South Miami, FL

Inability to Concentrate

Ask anyone over the age of 50 how their memory is, and they'll tell you it wasn't what it used to be. Memory loss and lack of concentration occur naturally as we age – these aren't always signs of dementia or Alzheimer's.

However, what many men consider a symptom of age may be caused by low testosterone. A 2006 study found that males with low T levels performed poorly on cognitive skill tests. These results suggest that low testosterone may play a part in reducing cognitive ability. If you're having trouble staying on task or remembering what your schedule is for the day, it might not be due to your age. It might be because your testosterone levels are too low. If you're having trouble concentrating or remembering daily tasks, it could be time to talk to your doctor.

Why? The aforementioned study found that participating men experienced improved cognitive skills when using TRT.

 TRT South Miami, FL

Weight Gain

Even though today's society is more inclusive of large people, few adults enjoy gaining weight as they age. Despite their best efforts, many men just can't shed the extra pounds around their midsections, increasing their risk of heart disease and cancer.

Often, male weight gain is caused by hormone imbalances that slow the metabolism and cause weight to pile on. This phase of life is called andropause and happens when there is a lack of testosterone in the body. Couple that with high cortisol levels, and you've got a recipe for flabby guts and double chins.

Fortunately, TRT treatments and physician-led weight loss programs can correct hormone imbalances and lead to healthy weight loss for men.

 TRT For Men South Miami, FL

What is Sermorelin?

Sermorelin is a synthetic hormone peptide, like GHRH, which triggers the release of growth hormones. When used under the care of a qualified physician, Sermorelin can help you lose weight, increase your energy levels, and help you feel much younger.

 HRT For Men South Miami, FL

Benefits of Sermorelin

Human growth hormone (HGH) therapy has been used for years to treat hormone deficiencies. Unlike HGH, which directly replaces declining human growth hormone levels, Sermorelin addresses the underlying cause of decreased HGH, stimulating the pituitary gland naturally. This approach keeps the mechanisms of growth hormone production active.

Benefits of Sermorelin include:

  • Better Immune Function
  • Improved Physical Performance
  • More Growth Hormone Production
  • Less Body Fat
  • Build More Lean Muscle
  • Better Sleep
 Human Growth Hormone South Miami, FL

What is Ipamorelin?

Ipamorelin helps to release growth hormones in a person's body by mimicking a peptide called ghrelin. Ghrelin is one of three hormones which work together to regulate the growth hormone levels released by the pituitary gland. Because Ipamorelin stimulates the body to produce growth hormone, your body won't stop its natural growth hormone production, which occurs with synthetic HGH.

Ipamorelin causes growth hormone secretion that resembles natural release patterns rather than being constantly elevated from HGH. Because ipamorelin stimulates the natural production of growth hormone, our patients can use this treatment long-term with fewer health risks.

 Ipamorelin South Miami, FL

Benefits of Ipamorelin

One of the biggest benefits of Ipamorelin is that it is suitable for both men and women. It provides significant short and long-term benefits in age management therapies, boosting patients' overall health, wellbeing, and outlook on life. When growth hormone is produced by the pituitary gland using Ipamorelin, clients report amazing benefits.

Some of those benefits include:

  • Powerful Anti-Aging Properties
  • More Muscle Mass
  • Less Unsightly Body Fat
  • Deep, Restful Sleep
  • Increased Athletic Performance
  • More Energy
  • Less Recovery Time for Training Sessions and Injuries
  • Enhanced Overall Wellness and Health
  • No Significant Increase in Cortisol

Your New, Youthful Lease on Life Starts Here

Whether you are considering our TRT services, HRT for women, or our growth hormone peptide services, we are here to help. The first step to turning back the hand of time starts by contacting Global Life Rejuvenation.

Our friendly, knowledgeable TRT and HRT experts can help answer your questions and walk you through our procedures. From there, we'll figure out which treatments are right for you. Before you know it, you'll be well on your way to looking and feeling better than you have in years!

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Latest News in South Miami, FL

News in Brief: Miami Walgreens sold; Dogdrop secures South Florida franchisee

Emigrant Partners, a subsidiary of New York-based Emigrant Bank, made a strategic minority investment in Palm Beach Gardens-based Dakota Wealth Management, which has over $2.5 billion in assets under management.www.emigrantpartners.com andwww.dakotawm.com.Higher Education Association, led by founder Daniel Claffey...

Emigrant Partners, a subsidiary of New York-based Emigrant Bank, made a strategic minority investment in Palm Beach Gardens-based Dakota Wealth Management, which has over $2.5 billion in assets under management.www.emigrantpartners.com andwww.dakotawm.com.

Higher Education Association, led by founder Daniel Claffey, acquired Miami-based online SAT and ACT preparation company SoFlo SAT Tutoring. The company, founded by Adam Shlomi in 2019, has more than 100 tutors.www.soflotutors.com.

The Town of Bay Harbor Islands awarded design, engineering and project management consultancy Atkins a design and engineering contract for the replacement of the Shepard Broad Causeway bridge.www.atkinsglobal.com.

Aventura-based Pordes Residential, led by Mark Pordes and Adam Kaufman, is now Legacy Development Sales & Marketing. Legacy serves as the exclusive representative of the luxury residential marketplace brand Forbes Global Properties in Miami-Dade and Broward counties. www.legacyfre.com.

Global Polo Entertainment, the entertainment and media subsidiary of USPA Global Licensing, extended its relationship with ESPN for two more years, effective Jan. 1. USPAGL manages U.S. Polo Assn., the official brand of the U.S. Polo Association, the nonprofit governing body for the sport of polo in the U.S. www.uspoloassnglobal.com.

Los Angeles-based dog day care franchise Dogdrop secured an agreement with Miguel Angel Chuquichanca for five franchise locations in Miami-Dade and Broward counties. The first location is slated to open in November, with all five to open within six years. www.dogdrop.co.

The Jewish Leadership Academy selected architecture and design firm Gensler to design its 100,000-square-foot campus, which is slated to open at 975 N.W. 95th St. in Miami this fall.www.jlamiami.org.

Franchisee Ana Puente opened Columbus, Ohio-based Oasis Face Bar’s first Florida location at 5881 Sunset Drive in South Miami. www.oasisfacebar.com.

SRS Real Estate Partners represented the buyer in the $14.44 million purchase of the 16,285-square-foot property at 3595 Coral Way in Miami occupied by seller Walgreens, which signed a new 15-year lease. www.srsre.com.

CBRE represented seller 35 Oak US 3 in the $12.5 million sale of a 31,835-square-foot infill development site on the southwest corner of Northeast 27th Street and Northeast Fifth Avenue, in Miami’s Edgewater neighborhood. The firm also represented New York-based seller Imperium Capital in the $9.1 million sale of the 207,261-square-foot industrial lot at 1750 N. Powerline Road in Pompano Beach. CBRE also represented seller Osko Inc. in the $4.4 million sale of the 14,264-square-foot industrial flex building at 8085 N.W. 90th St. in Medley to a private family trust represented by The Keyes Co. www.cbre.com.

Lee & Associates | South Florida facilitated Wolmers Group LLC’s $2.4 million sale of the 6,454-square-foot industrial warehouse and storage yard assemblage at 10460 S.W. 187th Terrace in south Miami-Dade County to South Florida Auto Recovery Group.www.lee-associates.com.

Katz & Associates represented True Treasures Consigned Furniture & Home Décor in its 10-year lease on a 12,000-square-foot store at 3901 Design Center Drive in Palm Beach. Cushman & Wakefield represented the landlord. www.katzretail.com.

Cohen Commercial Realty represented the landlord in signing Osteostrong to occupy 2,400 square feet and Juno Nail Bar to occupy 1,400 square feet at Loggerhead Plaza in Juno Beach.www.cohencommercial.com.

Terranova Corp. recently signed three eateries to leases: Blaze Pizza will lease 2,207 square feet at Palm Plaza in Miami; and Indian street food concept Cho: Tu (191 square feet) and Gorilla Pizza (112 square feet) will join the lineup at Lincoln Eatery, 723 N. Lincoln Lane in Miami Beach. www.terranovacorp.com.

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Need gas or a hoagie? Wawa opening 12 more convenience stores in South Florida

Wawa fans are in luck. Twelve more of the Philadelphia-area chain’s convenience stores serving hoagies, fountain drinks and snacks, with gas pumps outside, are soon opening across South Florida. That’ll give the three-county region 37 Wawas.The privately owned retailer is adding stores by the end of March in Miami-Dade, Broward and Palm Beach counties, as part of a national expansion. The Media, Pa.-based company o...

Wawa fans are in luck. Twelve more of the Philadelphia-area chain’s convenience stores serving hoagies, fountain drinks and snacks, with gas pumps outside, are soon opening across South Florida. That’ll give the three-county region 37 Wawas.

The privately owned retailer is adding stores by the end of March in Miami-Dade, Broward and Palm Beach counties, as part of a national expansion. The Media, Pa.-based company operates about 1,000 stores in Delaware, Florida, Maryland, New Jersey, Pennsylvania and Virginia.

Palm Beach County is getting seven more stores, in Loxahatchee, Lantana, Lake Worth, West Palm Beach and Boynton Beach. Miami-Dade will have three Wawa openings, two in Hialeah and a store in Homestead, while two sites are opening in Hollywood and Oakland Park.

Wawa made its debut in Miami in 2019, after opening stores in Broward and Palm Beach counties in 2017. By the end of this year, the gas station and convenience store company plans to have 250 stores in Florida. Of that number, there will be 37 in South Florida, with 19 in Broward, 10 in Palm Beach and eight in Miami-Dade.

With so many Floridians patronizing Wawa, company spokeswoman Lori Bruce said the chain will keep opening stores for “many years to come.”

READ MORE: Want to stay informed with the Miami Herald’s real estate coverage? Sign up here for RE|source, our free weekly real estate newsletter.

The region’s population growth during the ongoing pandemic has drawn more companies to expand South Florida operations. That includes food or retail chains.

As Wawa sets store opening dates, gas prices are trending down. According to the U.S. Energy Information Administration, Miami-Dade County reported an average pump price of $3.02 a gallon at the end of December, a decrease from $3.17 a gallon in December 2021. But those prices are considerably higher than the pre-pandemic average price of $2.44 a gallon in December 2019.

Here’s the rundown where the 12 additional Wawas will open in South Florida:

Miami-Dade

? 11200 SW. 248th St., Homestead (spring 2023)

? 2901 W. 16th Ave., Hialeah (spring 2023)

? Intersection of Northwest 116th Way and Northwest S. River Drive, Hialeah (spring 2023)

Broward

? 1851 N. Federal Highway, Hollywood (spring 2023)

? 1675 W. Oakland Park Blvd., Oakland Park (spring 2023)

Palm Beach

? 4530 Lantana Road, Lake Worth (winter 2023)

? 2307 45th St., West Palm Beach (winter 2023)

? 8115 Southern Blvd., West Palm Beach (winter 2023)

? 2505 W. Wooldbright Road, Boynton Beach (winter 2023)

? 9910 S. Jog Road, Boynton Beach (spring 2023)

? 1201 W. Lantana Road, Lantana (spring 2023)

? 15475 Southern Blvd., Loxahatchee (spring 2023)

This story was originally published January 18, 2023 3:26 PM.

Family fighting to save pig won at South Florida Fair auction from slaughterhouse

FORT LAUDERDALE - A South Florida Fair auction is spurring up some controversy after one family says they won a bid for a pig but then walked away empty handed.Meg Weinberger, who owns an animal sanctuary, said she went to the fair with her family in hopes of bringing back a pig.She said when they laid eyes on Bella B Swine they knew they had to place the highest bid. They ended up with the winning bid of $4,700 but then a problem arose."I wanted to bring her home to our sanctuary but they said abso...

FORT LAUDERDALE - A South Florida Fair auction is spurring up some controversy after one family says they won a bid for a pig but then walked away empty handed.

Meg Weinberger, who owns an animal sanctuary, said she went to the fair with her family in hopes of bringing back a pig.

She said when they laid eyes on Bella B Swine they knew they had to place the highest bid. They ended up with the winning bid of $4,700 but then a problem arose.

"I wanted to bring her home to our sanctuary but they said absolutely not," she said.

Fair organizers told them Bella had to be butchered or the deal was off the table.

"They wouldn't take our credit card and they told us it was a state law that she had to be slaughtered," said Weinberger.

Vicki Chouris, the President and CEO of the South Florida Fair, said the rules have been clear from the start, kids across 18 counties raise the livestock animals for the food chain, and then they are auctioned off.

"We are a venue for young people in our community to learn how to be ranchers and farmers," she said. "The process is they raise the animal for food consumption. That is the reason why. To change those rules mid-stream because somebody wants to take an animal home is not ethical. These children are being told how to follow rules."

Weinberger and her husband said they were unaware. of the rules. They said the rules were not on the website or brochures and there were no signs displayed at the auction saying it was a terminal market.

"Unfortunately it was not there, it will be in the future and we are all learning from this experience," said Chouris.

After hours of back and forth, organizers say they did not charge the Weinbergers, but the child who raised the pig will still receive money for their hard work.

As for Bella, she is now in Vero Beach at the butcher's facility.

"The meat will go to a charitable organization," said Chouris

The Weinberger family said it will continue to fight for Bella's life.

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Citigroup Center in Downtown Miami signs five new office tenants

Five companies and firms recently secured space within a recently rebranded 34-story office tower in downtown Miami.The new tenants will fill up nearly 17,395 square feet within the 810,000-square-foot Citigroup Center. Formerly known as the Miami Center, the 40-year old building at 201 S. Biscayne Boulevard is near to the InterContinental Hotel by Bayfront Park.Steven Hurwitz, Madeline Fine, and Doug Okun of JLL represented Citigroup Center's landlords in the lease negotiations.At least four of the companies relocated f...

Five companies and firms recently secured space within a recently rebranded 34-story office tower in downtown Miami.

The new tenants will fill up nearly 17,395 square feet within the 810,000-square-foot Citigroup Center. Formerly known as the Miami Center, the 40-year old building at 201 S. Biscayne Boulevard is near to the InterContinental Hotel by Bayfront Park.

Steven Hurwitz, Madeline Fine, and Doug Okun of JLL represented Citigroup Center's landlords in the lease negotiations.

At least four of the companies relocated from offices in Miami's Brickell Financial District.

The new tenants are:

• Plus International Bank, a service oriented bank that relocated from Brickell into a 5,736-square-foot suite last October.

• Andbanc, an Andorran private banking company, which moved out of the 1221 Brickell Ave. building and into a 6,680-square-foot space sometime last year.

• Banco General, a Panamanian private banking company, that also moved out of 1221 Brickell, now occupies a 2,160-square-foot suite.

• Max Borges Agency, a consumer tech and lifestyle brand PR firm has moved out of the Brickell City Tower building and into a 2,819-square-foot suite.

• Resource Center Management, a Vermont management consultant company, which signed a lease for 2,981 square feet of office space. Unlike the other new tenants, RCM is new to the Miami market.

Madeline Fine, one of the JLL brokers who represented Citigroup Center's landlords, said the move-ins are part of an ongoing pattern of local businesses relocating from Brickell as new-to-market companies flood into that area.

"Market trends are pointing to tenants searching for more reasonable rates compared to that of Brickell," Fine said.

Asking rents in Brickell averaged $85.36 per square foot in the fourth quarter of 2022, according to a recent report from Colliers. In contrast, Downtown Miami's average asking rents are $58.25 per square foot. Available space in Citigroup Center is advertised on Loopnet.com for $64 per square foot.

Besides Fine, Citigroup Center's landlords were represented by JLL's Steven Hurwitz and Doug Okun.

Office rents have been climbing steadily in South Florida since the pandemic as out-of-state companies seek to open branch offices in the region. Many local companies were also opening new spaces, though there is now uncertainty in South Florida's office market future due to higher interest rates and hybrid work patterns.

Citigroup Center is owned by a joint partnership that includes Boca Raton-based CP Group, Stamford, Connecticut-based Tourmaline Capital Partners, and New York-based Monarch. In June 2021, Monarch purchased a majority interest in the building for an undisclosed amount. Its now in the midst of a phased renovation.

Sign up here for the Business Journal’s free morning and afternoon daily newsletters to receive the latest business news impacting South Florida. For more business intelligence, follow us on LinkedIn, Facebook, Twitter and Instagram.

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Rank Business Park Developed acres
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South Florida's era of giant rent hikes has come to an end, report says

South Florida's rent hikes are slowing down, a recent report from commercial real estate information company CoStar stated.Monthly rents sought by landlords in the fourth quarter of 2022 went up 6.8% year-over-year in Miami-Dade County to $2,228 a month. That's significantly less than the 18% year-over-year rent hike for Miami-Dade apartments in the second quarter of 2022, according to CoStar (Nasdaq: CSGP).Also off its highs was Broward County, where rents rose 5.1% year-over-year to $2,224 a month in Q4 2022. In contrast, Bro...

South Florida's rent hikes are slowing down, a recent report from commercial real estate information company CoStar stated.

Monthly rents sought by landlords in the fourth quarter of 2022 went up 6.8% year-over-year in Miami-Dade County to $2,228 a month. That's significantly less than the 18% year-over-year rent hike for Miami-Dade apartments in the second quarter of 2022, according to CoStar (Nasdaq: CSGP).

Also off its highs was Broward County, where rents rose 5.1% year-over-year to $2,224 a month in Q4 2022. In contrast, Broward's asking rents went up more than 22% in the first quarter of 2022 and 18% in the second quarter..

Palm Beach County recorded the most striking change. In the fourth quarter of 2021, its year-over-year growth was 30.4%, compared to the fourth quarter of 2022 when asking rents went up just 1.7% to $2,394.

The data, collected from rental advertisements on Costar's Apartments.com and direct inquiries from landlords, shows that South Florida's days of huge annual rent increases is coming to an end, said Jay Lybik, national director of multifamily analytics for Washington, D.C.-based CoStar Group.

"We are seeing rents decelerating after the record high numbers posted in 2021," Lybik told the Business Journal. "Our forecast for the coming year is that rents will level off in the 2% range."

During the pandemic, well-paid professionals migrated to South Florida in droves, a trend that caused South Florida's rents to increase by as much as 30% year-over-year. Real estate insiders told the Business Journal that the rent increases would shrink, though there was disagreement over how much.

The dramatic rise in rents attracted a lot of attention from investors. In 2021, there was $14.73 billion in transactions that involved apartment properties, according to brokerage JLL. In the first three quarter of 2022, $7.33 billion was spent acquiring apartment buildings in Miami-Dade, Broward, and Palm Beach counties.

Rent increases are also grinding to a halt throughout the nation, the report stated. In some places, during the fourth quarter of 2022, landlords lowered asking rents.

"Across the board, multifamily fundamentals continued to deteriorate throughout the fourth quarter with limited absorption, significant imbalances between supply and demand and ongoing economic uncertainty," the report stated.

There is also the potential for even more distress for Sun Belt properties in 2023, due to record deliveries of new apartment units and overall recession fears.

"Northeast and Midwest markets with minimal supply additions this year are best positioned to remain closest to equilibrium," the report stated.

Sign up here for the Business Journal’s free morning and afternoon daily newsletters to receive the latest business news impacting South Florida. For more business intelligence, follow us on LinkedIn, Facebook,Twitter and Instagram.

Ranked by Developed acres

Rank Business Park Developed acres
1 Flagler Station Business Park 980
2 Miami Lakes Business Park 710
3 Sawgrass International Corporate Park 634
View This List

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