Where Miami’s top developers are placing bets outside the city

Not all developers are in an exclusive relationship with Miami.  Some have wandering eyes, finding new markets elsewhere in the state, country and world, where projects are easier to pencil, and there are more opportunities for growth, panelists said Thursday at The Real Deal Miami Real Estate Forum at the Mana Wynwood Convention Center. Dan Kaplan, managing partner at Property Markets Group, said his firm is developing outside the city “not because we’re not incredibly bullish on Miami, but because there are a lot of products.”  While Miami is plagued by land scarcity, high construction costs and an exploding development […]

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