Why South Florida commercial real estate deal flow has chilled
Ben Mandell is biding his time. Over the past three or four years, his firm purchased one property, and it was a distressed deal. Although the real estate industry expected a more favorable investment market this year, those hopes were crushed. “A lot of people seeing the macro market now are thinking differently,” Mandell of Miami-based Tricera Capital said. “As far as acquisitions are concerned, we are on the sidelines but looking at when we should get back on the court.” While many brokers and investors on the ground say it doesn’t feel like South Florida’s commercial real estate deal […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Democrats Regain House and Senate in Midterms Defined by Affordability Concerns

Voters elect Live Local, condo reform advocate Vicki Lopez, shoot down Miami marina, Miami Beach office projects

Tennessee Voters Opt To Ban State-Level Property Taxes

Florida voters approve Amendment 3 property tax referendum

Florida Voters Approve Landmark Measure To Reform Property Taxes

Real estate industry-backed Byron Donalds narrowly wins historic Florida governor’s race

Rhode Island Voters Back $120 Million Bond Measure To Support Affordable Housing

Mapping Toledano family, BH Group’s pipeline of Florida projects

Finance of America grows origination volume but reports $110M loss in Q3

Don Jr.’s Investor Business Partner Abruptly Resigns From Fannie Mae Board
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
