Land values in Miami’s Brickell office market have shot up by more than 900% in the past five years. The increase is largely fueled by foreign investors looking to park their money in U.S. real estate, said Jubeen Vaghefi, international director at Jones Lang LaSalle. “The money that is coming in is very particular and wants Class A product, ideally in the CBD or areas where investment is truly well protected,” he noted.
Start your Real Estate Finance Intelligence service today for full access
Not ready to subscribe? Register today for a free trial.
Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
© 2014 Institutional Investor LLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,
Cookies before using the site.