Shorts - Is It A Mistake To Pay $77 Million An Acre For Developable Land In Greater Downtown Miami At This Point In The Cycle?

Former financial journalist Jean Gruss of GrussPR.com discusses a $1.2 billion land purchase for 15.5 acres in Greater Downtown Miami at a time of rising interest rates, tightening lending conditions and a housing slowdown during a recent episode of the Miami Reporters Roundtable Podcast With Peter Zalewski. The conversation is based on this story in the Commercial Observer: Terra to Buy Waterfront Miami Site for $1.2B https://commercialobserver.com/2023/04/terra-to-buy-waterfront-miami-site-for-1-2b-genting-group/ The program features current and former journalists discussing the biggest stories from the previous week. The objective of this program is to cut through the fluff and hyperbole of South Florida real estate marketing, in hopes, of assisting the audience to better understand the key points impacting decision making. The 'Miami Reporters Roundtable Podcasts With Peter Zalewski' can be viewed or heard wherever you get your podcasts. Alternatively, this podcast is available on the YouTube.com channel: CondoVulturesTV. To ask a question or make a comment, please reach us at [email protected] or 305.865.5859