Miami RE Gets Boost From Foreign Cash, But Not Without Risk

Law360, Miami (March 7, 2014, 7:00 PM EST) -- Miami's burgeoning real estate development scene is likely to continue to rely heavily on foreign investment, which in a volatile world makes for great risk and opportunity, two local developers said at a real estate conference held Friday in the city.

Appearing together on a panel at law firm Akerman LLP's annual U.S. Real Estate Summit, Swire Properties Inc. President Steve Owens and Mckafka Development Group Chief Financial Officer and Chief Operating Officer Stephan Gietl expressed confidence in the Miami's ongoing attractiveness to the growing stream...
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