MIAMI—Multifamily just keeps growing in Florida, despite signs that some predict could lead to a slow down. In first part of this series, Calum Weaver of CBRE's Multi-Housing Private Capital Group, gave us three reasons why.
With his views on multifamily growth established, we asked him about other multifamily issues, like product availability. According to CBRE, South Florida multifamily properties in the $1 million to $10 million price range saw over $517 million in sales over the past 12 months. That's a jump of 219% over sales volume in 2009-2010.
So, what's the availability of multifamily product? Are there enough multifamily, projects out there to meet investor demand?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
