MIAMI—After launching an Urban Core division earlier this year, Colliers International South Florida is continuing its focus on specialty groups in efforts to grow strategically in the current cycle. The firm just rolled out an Affordable Housing division.
“The number of families with an income below 60% of the area median income who pay more than 40% of their income for rent is on the rise in Florida,” Kevin Morris, who leads Colliers International South Florida's new Affordable Housing division, tells GlobeSt.com. “You have teachers, firefighters, administrators and all sorts of professionals and service providers who can no longer afford market-rate rentals.”
Affordable Housing industry veteran Kevin Morris will lead the new division. Morris brings the depth and knowledge the firm anticipates it needs to help clients navigate through the complexities of this niche landscape.
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