Investment in multifamily, condo projects picks up in Miami area

11/30/2011 | CityBizList.com

Condominium and multifamily projects may be on the upswing in the Miami area, based on increased permitting and a projected vacancy rate in the mid-4% range next year. More than 500 rentals are under construction and should be ready in 2012, according to a report by Marcus & Millichap.

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