Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Central and South Florida multifamily properties are getting snapped up just about as fast as they come to market. Although some deals take longer to ink than others, the trend is clear: high-net worth individuals have a healthy appetite for acquisitions in the $2 million to $4 million range with a steady income stream.

Marcus & Millichap brokers across the state have carved out quite a niche in the class B and class C multifamily sector, often representing both sides of the transaction. In the last few weeks alone, a handful of deals have closed. Brokers expect to see the current pace of multifamily acquisitions continue into 2011.

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?


GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join 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
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.