After Multifamily, What’s Good?
Multifamily will always be a stable asset type in South Florida, but medical office building (MOB) investment opportunities are coming on strong. FIP Realty broker Roy Faith (here with daughter Lyla and wife Sophie) tells us he’s seeing action with MOBs within the vicinity of hospitals; the investment company itself owns property in North Miami Beach next to Jackson North Medical Center as well as Aventura. Roy adds that North Miami Beach is also becoming a very big market for mixed-use development. Wynwood also continues to build its hot and trendy reputation. FIP Realty recently sold a large multifamily portfolio in northeast Dade County, which continues to be a high-demand multifamily marketplace. For more information on our Bisnow partner, click here.