“It’s like the tulip craze:” South Florida developers expect Opportunity Zone land values to wilt

Developers are finally putting shovels in the ground and deploying capital in Opportunity Zones in South Florida and across the country. But with 124 qualified Opportunity Zones in South Florida, developers, brokers and investors at a Bisnow panel on Thursday said they are largely focusing their attention on projects near Fort Lauderdale and Delray Beach’s urban core. Jaime Sturgis of the Fort Lauderdale-based brokerage Native Realty said his company is involved in about 10 Opportunity […]

source https://therealdeal.com/miami/2019/06/21/its-like-the-tulip-craze-south-florida-developers-expect-opportunity-zone-land-values-to-wilt/#new_tab