MIAMI—Following the election of Donald Trump as president, uncertainty remains about what impact his administration will have our on our economy and foreign investment. Nowhere is this uncertainty more prevalent than in Miami with its strong ties make it a destination for Latin American real estate buyers.

GlobeSt.com caught up with Jim Shindell of Bilzin Sumberg to get his thoughts on Miami's real estate outlook with a new presidential administration. For starters, he says talk about the Miami real estate market falling through as a result of this is overblown, the sky is not falling.

GlobeSt.com: What is the long-term outlook for Miami's real estate market under a Trump presidency?

Shindell: I don't expect the Trump presidency to have a significant impact upon the long-term prospects for the Miami real estate market. The real estate market is more susceptible to economic matters rather than to political ones. The same factors that have helped Miami attract investment capital from all over the world will not go away due to this presidency.

GlobeSt.com: Will Miami remain a destination market for Latin America real estate investors?

Shindell: I believe Miami will remain a destination market for Latin America.  Miami is a gateway market on a clear upward trajectory.  It is a market that is Spanish-speaking and culturally familiar to Latin Americans.  It is safe, and the rule of law still applies.  Alternative investment choices have not suddenly lost their flaws.

GlobeSt.com: What likely policies under the new administration may impact the region's real estate market?

Shindell: It is hard to say what is likely, but any deregulation that promotes liquidity and improves the ability and willingness of financial institutions to make funds available will be helpful. On the tax side, real estate would benefit from the proposed lower capital gains rates. If funds actually are put to improving infrastructure, it could provide opportunities for public-private partnership development.

GlobeSt.com: Will commercial development be made harder or easier under a new administration?

Shindell: Local regulations are what affects development the most. However, any deregulation that makes it easier to access capital will be welcomed by commercial developers and make commercial development easier.

GlobeSt.com: How will the new administration impact financing and accessing capital for real estate projects?

Shindell: While the new administration says it wants to relax regulation concerning lending, actually being able to accomplish that is a different thing. However, if the new administration is able to achieve a relaxation of lending regulations, it will open up financing and access to capital for real estate projects.

MIAMI—Following the election of Donald Trump as president, uncertainty remains about what impact his administration will have our on our economy and foreign investment. Nowhere is this uncertainty more prevalent than in Miami with its strong ties make it a destination for Latin American real estate buyers.

GlobeSt.com caught up with Jim Shindell of Bilzin Sumberg to get his thoughts on Miami's real estate outlook with a new presidential administration. For starters, he says talk about the Miami real estate market falling through as a result of this is overblown, the sky is not falling.

GlobeSt.com: What is the long-term outlook for Miami's real estate market under a Trump presidency?

Shindell: I don't expect the Trump presidency to have a significant impact upon the long-term prospects for the Miami real estate market. The real estate market is more susceptible to economic matters rather than to political ones. The same factors that have helped Miami attract investment capital from all over the world will not go away due to this presidency.

GlobeSt.com: Will Miami remain a destination market for Latin America real estate investors?

Shindell: I believe Miami will remain a destination market for Latin America.  Miami is a gateway market on a clear upward trajectory.  It is a market that is Spanish-speaking and culturally familiar to Latin Americans.  It is safe, and the rule of law still applies.  Alternative investment choices have not suddenly lost their flaws.

GlobeSt.com: What likely policies under the new administration may impact the region's real estate market?

Shindell: It is hard to say what is likely, but any deregulation that promotes liquidity and improves the ability and willingness of financial institutions to make funds available will be helpful. On the tax side, real estate would benefit from the proposed lower capital gains rates. If funds actually are put to improving infrastructure, it could provide opportunities for public-private partnership development.

GlobeSt.com: Will commercial development be made harder or easier under a new administration?

Shindell: Local regulations are what affects development the most. However, any deregulation that makes it easier to access capital will be welcomed by commercial developers and make commercial development easier.

GlobeSt.com: How will the new administration impact financing and accessing capital for real estate projects?

Shindell: While the new administration says it wants to relax regulation concerning lending, actually being able to accomplish that is a different thing. However, if the new administration is able to achieve a relaxation of lending regulations, it will open up financing and access to capital for real estate projects.