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Rent reform in New York, California propels new wave of multifamily investors to Miami

Rent reform in New York, California propels new wave of multifamily investors to Miami

Rent reform in New York, California propels new wave of multifamily investors to Miami

First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They were lured in by the favorable climate, luxury residential properties and most of all, substantial tax savings. Now, it is the multifamily investors who are heading to South…

 

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nicolaszennaro

International Real Estate Agent in Miami with ONE Sotheby's International Realty. With multiple years of experience working in Real Estate on the French Riviera. Global client network with a strong background and extensive know how in digital marketing applied to Real Estate. Focused and dedicated to clients first. Committed in delivering the best results to property buyers and sellers.

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One thought on “Rent reform in New York, California propels new wave of multifamily investors to Miami”

  • Scott Klein

    Scott Klein

    September 22, 2019 at 10:11 am

    The issue here is, they aren’t going to get the 6+ percent CAP rate they are use to, unless they go to the mainland and north

    Reply

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