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Measures to contain the spread of coronavirus are still shifting by the day — and so are responses by investors, developers, builders, banks and buyers. To track the impact in real-time, RE|source Miami is asking area real estate professionals in various sectors for on-the-ground reports.
Today we hear from Arnaud Karsenti, who founded Miami-based real estate investment and development firm 13th Floor Investments in 2005. Initially, the company primarily focused on purchasing commercial and residential real estate assets at a discount and then unlocking value for those assets over time — a strategy that positioned the company favorably heading into the Great Recession.
Today, 13th Floor is building high-profile projects including single family home communities, transit-oriented developments, and market-rate apartments. Current and recent examples include The Link at Douglas, 1010 Brickell, Motion at Dadeland, 400 Sunny Isles, Central Parc and Arbor Parc, The Harbour, and Avalon Trails.
Read the entire interview here: https://www.miamiherald.com/news/business/real-estate-news/article242129166.html
About AMG International Realty
AMG Realty is a boutique Real Estate Firm in Miami. If you are interested in buying or renting Real Estate in South Florida, give us a call today.
