Foreign Investors Set Their Sights on Commercial Real Estate

Miami’s residential condo market may be slowing down, but foreign buyers are now focusing on income-producing commercial real estate properties. This is due to economic uncertainties in Latin America and financing opportunities. According to Real Capital Analytics, foreign investment in Miami commercial real estate rose to over $1.5 billion during January to July 2016. This represents an increase from $1.1 billion in the same period in 2015 and $420.2 million in 2014. Additionally, we recently closed a deal for a $370,500 investment penthouse condo in South Miami with a 55% loan-to-value ratio. For Florida private loans with low rates and closing costs, contact M & M Private Lending Group today to learn more about our hard money lending opportunities.