Beyond domestic buyers finding easier access to capital—and despite a slowdown in certain foreign economies—industry watchers expect global capital to remain a strong force in South Florida commercial real estate. In fact, David Martin, president of Terra, is certain Miami will remain a primary destination for global capital in 2017 as people from overseas continue moving their wealth—and their families—here amidst political and economic volatility.

“Our perception as a safe place to invest, coupled with our strong quality of life, equates to demand for Miami living and South Florida investment opportunities,” Martin tells GlobeSt.com. “At the same time, a stronger dollar means real estate investors are becoming more selective with where they put their wealth—prioritizing well-located properties backed by well-capitalized developers.”

MIAMI—Foreign investment isn't expected to come to a screeching halt any time soon in Miami. And domestic capital is landing safely here, too.

GlobeSt.com caught up with two industry watchers—one attorney and one developer—to get some insights into what we might expect in 2017. For yet another view, check out my recent article: Industry Watchers Point to Strong Foreign Investment in Industrial Real Estate and What to Expect in 2017's Commercial Real Estate Landscape.

Suzanne Amaducci-Adams, partner and Real Estate Practice Group Leader at Bilzin Sumberg, tells GlobeSt.com demand for financing will remain strong in 2017. She points to historically low, albeit increasing, interest rates as a catalyst.

“More alternative lending sources will emerge as traditional financial institutions are hampered by increasing regulation,” says Amaducci-Adams. “The trend toward urbanization in South Florida will continue as developers look to infill opportunities near urban centers and build around existing transit infrastructure. Despite some temporary setbacks from new supply and unforeseen events, Miami's future as a top tier hospitality market is bright as our thriving downtown and world-class beaches attract domestic and international visitors.”

Beyond domestic buyers finding easier access to capital—and despite a slowdown in certain foreign economies—industry watchers expect global capital to remain a strong force in South Florida commercial real estate. In fact, David Martin, president of Terra, is certain Miami will remain a primary destination for global capital in 2017 as people from overseas continue moving their wealth—and their families—here amidst political and economic volatility.

“Our perception as a safe place to invest, coupled with our strong quality of life, equates to demand for Miami living and South Florida investment opportunities,” Martin tells GlobeSt.com. “At the same time, a stronger dollar means real estate investors are becoming more selective with where they put their wealth—prioritizing well-located properties backed by well-capitalized developers.”