Will 2018 Be a Buyer’s or Seller’s Market?

From hurricane outfall to Chinese buyers to Millennials rising, there are plenty of dynamics to consider in Miami’s condo market.

Developed by CIM Group in partnership with Falcone Group, the tower marks the latest addition to the $2 billion mixed-use project.

MIAMI—From hurricane outfall to Chinese buyers to Millennials rising, there are plenty of dynamics to consider in Miami’s condo market. Will 2018 be a buyer’s or seller’s market?

GlobeSt.com caught up with Christopher Adeleke, Douglas Elliman‘s newest luxury sales executive and Cervera‘s former top producer since 2011, to get some answers in part two of this exclusive interview. You can still read part one: What to Expect in Miami’s Condo Market in 2018.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

Jennifer LeClaire

Dig Deeper

Recommended Stories

Report: Miami Has ‘Room for Continued Growth’ Over the Next Five Years

Natalie Dolce | April 22, 2024

According to a recent JLL report, Miami continues to show strong trends regarding flight-to-quality as both new-to-market and existing tenants seek new Class A and Trophy product space.

Nominate a Net Lease Expert

Ingrid Tunberg | April 24, 2024

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

Whitestone REIT Completes Sale of Legacy Houston Retail Center

John Jordan | October 01, 2018

Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone’s wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.

Resource Center

Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.

Guide

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now