Florida Development: Martin Aranzabe - Key International

In this episode of Deal Flow Friday, host David Moghavem interviews Martin Aranzabe from Key International, discussing the current state of real estate development in Florida, from high-rise luxury multifamily and condo developments in Miami, to garden-style product in Tampa, and everything in between, including hotels on the beach. They explore Key International's focus on residential and hospitality projects, the challenges of hotel development, and the dynamics of the multifamily market. Martin shares insights on capital strategies, market trends, and the importance of networking, particularly through his connection to Babson College. The conversation highlights the complexities of navigating supply and demand in Miami's real estate landscape, as well as the opportunities in suburban development.Chapters00:00 Introduction to Key International and Martin Aranzabe03:05 Overview of Key International's Projects and Focus Areas05:27 Hospitality Development and Market Trends08:03 Multi-Family Development Strategies and Challenges11:26 Capital Structure and Development Financing15:00 Innovative Deal Structures and Joint Ventures16:18 Market Analysis: Supply and Demand Dynamics20:05 Shadow Inventory and Rental Market Insights23:16 Urban Development and Infrastructure Challenges29:56 Networking and the Babson Connectionwww.dealflowfriday.comInstagram: @dealflowfridayX: @dealflowfridaySubstack: @dealflowfriday