More Affordable Housing Coming to Miami

by Isaac Benmergui, Esq on June 30, 2013

SafeTo ease the crunch of finding affordable housing in the Miami area, The Related Group of Florida, the Miami area’s biggest developer, knows that the city needs more affordable housing and is doing something about it. Miami is known more for its high-end luxury dwellings that dot the skyline, but the city also needs affordable housing for the middle to low income families who also make Miami their home.

Now one out of every three of Related Group’s 41 projects are in the affordable housing sector. When the real estate market collapsed, Perez had 11 condo projects under construction; 80 lenders held well a big chunk of $2 billion debt. This time, a diversified portfolio will be key to preventing such a huge liability from overtaking the market.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

 

 

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