Search
 

RealShare EXCLUSIVE: Market Rife With Unanswered Questions

MIAMI-Some 200 industry players came face-to-face with the realities of their market at the second annual RealShare Multifamily Investment and Finance conference. The challenges charted included the fate of the condo market and the direction of construction costs. First of two-part coverage.

By Sule Aygoren Carranza | Updated on May 20, 2005

Sule Aygoren Carranza , managing editor of Real Estate Forum, is also co-editor of MULTI HOUSING forum.

MIAMI-Cap rates and the effect of the condominium market were the topics du jour at the second annual RealShare Multifamily Investment and Finance conference, which took place before some 200 industry players at the Biltmore Hotel here Wednesday and Thursday. Those issues were discussed in depth during separate sessions yesterday morning, although much of the talk focused on unanswered, or unanswerable, questions.

The condominium boom has essentially pushed developers of rental product out of the market, asserted Jay Massirman, an executive vice president at CB Richard Ellis, who moderated the session, “Will the Condo Market Continue to Explode – or Implode?”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.