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South Florida Multifamily By The Numbers
19,131: Apartment units under construction in Miami-Dade, equal to 9.7% of existing inventory vs. 3.5% nationally
Why it matters: No market in the country is building more relative to what it already has. That pipeline sets the terms on rents, concessions and lease-up for the next 18 months.-26%: Drop in Miami apartment construction starts year over year in Q3 2026, with completions down 24%
Why it matters: The supply wave is cresting. Fewer starts now mean a thinner pipeline in 2028, which is the window developers and capital are underwriting today.7,756 vs. 7,078: Units absorbed vs. units delivered in Miami over the past four quarters, the first time demand has outrun new supply since 2022
Why it matters: Renters are catching up to the building boom. Owners in lease-up finally have demand on their side.+0.7%: Miami average rent growth year over year in Q3 2026, to $2,381, the first annual gain after five straight quarters of declines.
Why it matters: Rents have stopped falling, but barely. Every pro forma built on 2022-style growth is still being repriced.
Speakers and Panels
Keynote Firesite Chat
Russell Galbut on Live Local, Opportunity Zones and Miami Beach’s New CRA
Russell Galbut
Founder & Chairman | GFO
Co‑Founder & Managing Principal | Crescent Heights
Chloe Gallivan
South Florida Reporter
Bisnow
The 2026 Capital Reset
Debt, Equity, Recapitalizations and the New Rules for Getting Deals Done
Elizabeth Roy
CIO
American Landmark Apartments
Danny Fishman
CEO
GAIA Real Estate
Michael Vassilaros
CIO
Key International
Doug Faron
Founder & Managing Partner
Westlight Capital
Modesto “Mo” Millo
SVP
KAST Construction
Max Levine
Senior Associate
FCP
Shawn Oden
Managing Director
BMO Commercial Bank
Building Through the Pause
How Developers Are Repositioning Projects and Preparing for the Next Cycle
Jeff Quinlivan
President
Kolter Mulitfamily
Mark Schrieber
VP, Development
Vivmark Residential
Hector Delatorres
CEO
Cymbal DLT
Derek Ullian
SVP, Development
The Bainbridge Companies
Christina Villa
Principal
RSP Architects
Nick Polyushkin
Founder & CEO
Vera Group
Andrew Barrocas
CEO
MNS
Michael HoShue
Partner Development Sales Director
Blue Stream Fiber
The Next Wave
Where South Florida Multifamily Investment, Development and Growth Go From Here
Steve Patterson
President & CEO
Related Development
Jay Massirman
CEO
Eden Residential
David Arditi
Founding Partner & President
Aria Development Group
Jeffrey Ardizon
Principal
The Estate Companies
Matthew Baron
President
Baron Property Group
Jeff Hardin
Founder/CEO
Straticon Construction
Robert Gilman
Principal
Baker Tilly
Venue
Fontainebleau
4441 Collins Avenue
Miami Beach, FL 33140
Ballroom: Fontaine & Fleur De Lis
Floor: Lobby Level
Parking Information:
Valet parking $27
Nearby public parking lot: 4621 Collins Ave, Miami Beach, FL 33140
Who's In The Room
Lincoln Property Company | Crescent Heights | Mill Creek Residential | Integra | Kaplan Residential | American Landmark Apartments | Florida East Coast Realty | The Kislak Company | Merrimac Ventures | GFO | Leste Group | Mattoni Group | Alta Development | Coastland Residential | Eden Residential | GBX Group | Chateau Group | PIA Residential | GoldOller Real Estate Investments | Corinthian Capital Real Estate Partners | Delta Bridge Partners | Jewell Capital | SB Real Estate Capital | Galium Capital | Moderno Development | North Park Ventures | ETW (East To West Capital) | Starlife Group | Southern Waters Capital | Neal Development | Pastorelli Enterprises | F/Advance Capital | Arena Capital Holdings | Goba Capital | SteeleGate Capital | Regency Capital | ApexOne Investment Partners | Manglar Capital | Blue Lotus Ventures | Alder Development | Ginsberg Property Group | FiField | URBANX | NDM Hospitality
Agenda
| Time | Activity |
|---|---|
|
8:00 AM
9:00 AM
|
Registration, Breakfast & Networking
|
|
9:00 AM
9:15 AM
|
Keynote: Russell Galbut, Crescent Heights
Russell Galbut on Live Local, Opportunity Zones and Miami Beach’s New CRA |
|
9:15 AM
10:00 AM
|
The 2026 Capital Reset
Lenders, equity investors and owners break down where capital is flowing in South Florida multifamily right now. The panel covers buying versus building, taking over existing debt, the wave of loan maturities and rising delinquencies, why per-unit pricing has reset, how lenders view condos, apartments and hotels, and what it will take for deals to pencil as rates stay high. |
|
10:00 AM
11:00 AM
|
Building Through the Pause
Developers, an architect and a leasing executive explain who is still breaking ground in South Florida and why. The discussion covers what makes a site work today, turning suburban retail sites into apartments, how design is reshaping the pro forma, how new legislation and zoning are changing what gets built, what renters will pay more for and the signals that will restart construction. |
|
11:00 AM
11:15 AM
|
Networking Break
|
|
11:15 AM
12:15 PM
|
The Next Wave
South Florida multifamily leaders look ahead to the next cycle. They cover what gets deals funded, whether 2027 favors building or buying, where construction costs are heading, how owners can regain pricing power, who the South Florida renter of 2029 will be and what happens when the growing backlog of shovel-ready projects finally gets released. |
Why Attend Bisnow's South Florida Multifamily Summit
South Florida's multifamily market is entering its next chapter. After years of record rent growth and unprecedented development, the market is adjusting to new realities: slower rent growth, elevated concessions, a historic construction pipeline, tighter capital markets and a widening gap between buyer and seller expectations.
Yet long-term fundamentals remain exceptionally strong. Population growth continues, housing remains undersupplied, and investors continue to view South Florida as one of the country's most resilient multifamily markets.
Join hundreds of owners, developers, investors, lenders, operators and public officials for a full day of market intelligence, relationship building and candid conversations about what it will take to create value in today's market and where the next wave of opportunity is already beginning to emerge.
Whether you're deploying capital, developing your next project, managing an existing portfolio or looking for your next acquisition, this event will deliver actionable strategies from the people actively shaping South Florida multifamily today.
Plus, enjoy two hours of networking throughout the day giving you dedicated time to connect with the owners, investors, developers and decision-makers driving the market.
Attendees will learn:
Where lenders are actively financing deals and what sponsors must do to secure capital in today's market
Why many South Florida multifamily transactions remain stalled as buyers and sellers struggle to bridge valuation expectations
How developers are responding to the record apartment pipeline, slowing rent growth and elevated concessions
Which submarkets continue to offer the strongest long-term investment opportunities despite today's market headwinds
How owners are increasing NOI through operations, technology, leasing strategies and smarter property management
What construction costs, labor availability and entitlement timelines mean for projects starting over the next 12–24 months
How demographic trends, wage growth, affordability challenges and policy decisions will shape future demand
Build relationships during more than two hours of networking with South Florida's leading multifamily owners, investors, developers, lenders and service providers
For questions regarding content and speaking, please email our Event Producer, Elizabeth Herrgott, at elizabeth.herrgott@bisnow.com. Want to get involved? Contact Jordan.Hinsch@bisnow.com to get information on sponsorship, pricing and availability at this event. To request disability-related accommodations, please contact ariel.fromm@bisnow.com no later than seven business days prior to the event.