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Realtime multifamily insights and opportunities from one of the most active Land & Multifamily brokers in South Florida (+$3.3 billion closed & counting ! )
Interview with Fortune's CEO: Edgardo Defortuna Inside the Mind of a Miami Development Legend Watch Now Subscribe to Youtube This episode is brought to you by: Henry.AI Every broker and operator I know is losing hours every week producing decks. Henry is the AI platform solving that — OMs, BOVs, loan packages, and capital raising decks done in minutes. Join their waitlist at Henry.AI and click Omar Morales in the referral section for early access. Also supporting this episode is BuildPass — a...
Interview with CEO Tere Blanca The Woman Leading Miami's Office Market Watch Now Subscribe to Youtube About Tere Blanca Tere Blanca is the Founder, Chairman, and CEO of Blanca Commercial Real Estate, Florida’s leading independent office advisory firm. Founded in 2009, the firm has grown to more than 50 professionals across three Southeast Florida offices and has sustained approximately 30% market share of Miami’s Class A and B office lease transactions since 2016. In this episode, Tere shares...
Miami Multifamily Memo Why you should not buy Multifamily in Miami right now Why you should not buy Multifamily in Miami right now: Cap rates are ~5% Debt is +6%. expense inflation Insurance has been a problem Supply wave in certain pockets Why you should: There are few buyers today. Most groups are net bearish, waiting for “a reckoning” Multifamily properties that traded for ~$400K/unit in 2022 are now trading for ~$300K/unit. The cost to build those assets have gone from ~$250K/unit to...