Multifamily

"There's been a lot of immigration to Florida, particularly South Florida with folks from the Northeast, and when you look at Brickell Avenue and downtown, or the urban core, we're a lot less dense, and a lot more affordable than where they came from," said Berkadia's Charles Foschini.

The answer? It's complicated.

Infrastructure spending on roads and bridges could have the effect of increasing vehicle travel.

The imbalance creates a headwind for two types of commercial real estate, specifically hotels and seniors housing facilities.

Detached rentals are driving the growth.

The joint venture will develop middle-income housing in California over the next 18 to 24 months.