MIAMI—Foreign investors are moving away from buying Miami condos because prices have gotten too high, says Alex Zylberglait, senior vice president of investments with Marcus & Millichap in Miami.
Yet foreign capital is still flowing into the region's real estate market.
GlobeSt.com sister publication, ALM's The Daily Business Review, recently spoke with Zylberglait about why. Below is a snippet of the interview, which has been edited for length and clarity.
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