In The News

In a GlobeSt article titled, “South Florida's Multifamily Market Poised for Slowdown This Year,” Steven Wernick said that he expects a solution in 2019 to the high cost of living in South Florida. 

“The market is starting to figure out new ways to address the problem by building innovative product types, often at times within the same development,” Wernick said. “This momentum is being driven by Miami’s demographics, focus on transit-oriented development and growth as a target market for new investment from the creative class, tech investor community, armed with seed money to get projects off the ground,” 

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