PERE Credit reports on Miami’s booming luxury condo market and includes insights from Cohen Property Law Group Managing Attorney Liam Krahe. Drawing on his experience working closely with condo developers — from negotiating loan agreements to facilitating closings — Liam emphasized the pivotal role of alternative lenders in driving new developments amidst concerns over aging properties and construction challenges. He also noted how institutional investors are targeting Miami for high-end projects, like the record-breaking Waldorf Astoria, and highlighted the importance of adapting to new lending landscapes to stay competitive in this evolving market.
READ FULL ARTICLE+