MIAMI (Reuters) – Argentine developer Jose Luis Melo watched as Miami's real property market reeled from the U.S. housing crash and lots of the city's condominiums sat unsold — and decided it was once time to build. It was late 2010 and Melo, who runs the Melo Crew actual estate firm together with his two sons, offered a $1.four million parcel of land close to downtown Miami. Months later, the Melos lifted the first building crane in the city's submit-housing bubble technology, having a bet they might to find patrons for condos in a brand new 17-story tower. "Individuals informed us 'You guys are loopy. …
Miami real estate revival a boon for Latin American developers
Posted by admin /