Surging housing costs and a fickle labor market, which by one measure still hasn’t recovered from the pandemic are sending many locals packing. Miami-Dade lost 79,535 people through net migration to other parts of Florida or other states between 2020 and 2022. Still, there are reasons for optimism.
With how the impact of rising interest rates can have on the viability of CRE projects, now is a good time for investors, owners, operators, and developers to look at cash management, overhead efficiencies, and other aspects of business that might help make whatever comes to be more easily borne. CLICK ON THE HEADLINE FOR MORE