Commercial Real Estate, Capital, Insurance, Leasing & Management

What’s in store for SOFLA real estate in 2014?

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Deme Mekras, regional managing partner, Franklin Street Real Estate Services “The multifamily market will continue to be strong, but it won’t keep up the torrid pace it has enjoyed over the past few years. I believe values will continue to increase in 2014, but at a slower rate than what we’ve seen. We’ll continue to see some rent appreciation in desirable markets such as Coral Gables and Miami Beach but remain somewhat flat in secondary markets.”

Deme Mekras, regional managing partner, Franklin Street Real Estate Services

“The multifamily market will continue to be strong, but it won’t keep up the torrid pace it has enjoyed over the past few years. I believe values will continue to increase in 2014, but at a slower rate than what we’ve seen. We’ll continue to see some rent appreciation in desirable markets such as Coral Gables and Miami Beach but remain somewhat flat in secondary markets.” 
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