South Florida-to invest or not to invest, that is the question...

[Oniel Samuel]

Hi guys,

I would love to hear some thoughts from established multifamily investors and syndicators. 

We are a Tel Aviv based real estate investment firm looking to bring foreign capital into value add deals in partnership with Florida based operators. We have experience in single family (we have assets in Miami, London and Tel Aviv), yet we are relatively new to MF.

The question I have is, with the South Florida market as hot as it is are you continuing to buy there, in spite of the compressed cash flow, or are you looking further afield? Consequently, if you have decided to stop investing in S. Florida, what indicators would you be looking for to get back in?

All thoughts/opinions would be welcome.

Have a great week,

Oniel