MIAMI—Foreign investment may be changing because of the strengthening US dollar, but it's still a strong force in Miami and beyond. Indeed, there's talk about foreign investment shifting geographically for greater diversification but Miami is still a hot bed of foreign investment.

We know that foreign banks love Miami. In fact, Canadian firm TD Bank just made a huge commercial real estate lending expansion to serve clients in key markets across Florida. So, then, what types of assets are the most popular among foreign investors when it comes to commercial real estate in South Florida?

We asked Marcus & Millichap commercial real estate broker Alex Zylberglait, who specializes in the sale of Miami properties ranging from $1 million to $20 million, for his take. He told us, generally, foreign investors are active in just about all asset classes.

“Many of them do have a preference for single tenant net leased properties, especially when they are just getting into the US markets as they generally don't require much in terms of management,” Zylberglait tells GlobeSt.com. “In addition, they like the perceived safety of investment grade tenants on long-term leases.”

Of course, he notes, that's just a starting point. And he is dealing specifically with smaller investors.

“As they get more involved in South Florida they will expand into other asset classes and they will also partner with local operators who have the management and infrastructure in place,” Zylberglait says. “Some foreign investors that have development backgrounds also like to undertake development projects with local developers.”

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