A shortage of developable land and a credit crunch means Miami’s luxury condo market will see significantly fewer new projects break ground next year. “There are a lot of properties that continue to be marketed that still haven’t come out of the ground,” said Louis Birdman, who is developing Zaha Hadid’s luxury One Thousand Museum. “I don’t think that you are going to see much come out of the ground in 2019. As lenders look […]
source https://therealdeal.com/miami/2018/10/25/miamis-condo-market-of-future-less-about-cycles-and-roller-coaster-rides-trd-panel/#new_tab
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