Elliot Shainberg
Senior Director
Franklin Street Real Esate Services
“Multifamily property investors are willing to accept lower returns in prime locations such as Coral Gables and Miami Beach, because they see these assets as hedges against inflation, as well as safe long-term investments. Weighing long-term appreciation potential in these areas, investors will accept returns in the 4%-5% range on a cash basis without financing. This is more attractive to them than where their money is currently invested.”
Specialty: South Florida Multifamily Download PDF
