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Venezuelan Investors Targeting Miami

MIAMI—Franklin Streets Deme Mekras tells GlobeSt.com's Jennifer LeClaire why he's seeing more Venezuelans investing in Miami commercial real estate.

By Jennifer LeClaire | Updated on April 16, 2013

MIAMI—Over the past 10 years, there has been plenty of fluctuation in the global economy. Of course, one of the biggest contributors was financial meltdown of 2008 and the subsequent real estate market collapse. They called it the Great Recession.

Deme Mekras, a multifamily broker with Franklin Street, is one of many that’s pointing to the continued flow of foreign capital that’s coming to the U.S. since then. Indeed, South Florida has seen billions of investment dollars settle in the region, including a significant deal via Swire‘s Brickell CityCentre.

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