The 306-unit multifamily property was built in 2009. The 306-unit multifamily property was built in 2009.

MIAMI—Over the last few years we have seen construction costs rise and now lenders are becoming more conservative. However, global population is continuing to grow and there is still demand for all different types of multifamily facilities.

As the shift to “urban-suburban” becomes increasingly popular and consumers want newer amenity based homes, is reimagining older buildings the solution? Or is the true value still in building new class A product? Plus, where are the value-add opportunities?

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Jennifer LeClaire

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