What’s In Store For Miami’s Real Estate Market?

Privé Island – January 19, 2016

BH3 Principal Greg Freedman Weighs In On 2016

What are the issues shaping Miami’s residential real estate market, and what can we expect in the year to come? Principal Greg Freedman of BH3, the development team behind Privé at Island Estates with partner Gary Cohen, offered his expert insights in a recently published interview with PropertyRoom360.com.

In addition to his thoughts on what 2016 will bring, Freedman spoke about why Miami is now the #3 U.S. city for real estate investment, and identified emerging trends in the market. He also touched on other projects BH3 is working on both here in South Florida and in New York.

Freedman notes that over the past decade – and particularly over the past five years – Miami has become a truly global city. “Aside from New York, it’s the most international city in the U.S.” As a result, he says, it has attracted a migration of individuals from other cities and countries, and major corporations relocating or expanding their presence here.

Freedman also discusses some of the emerging trends in real estate, all of which underscore the importance of selling a lifestyle, not just an apartment. This is something he and the development team have been doing successfully for Privé, which has been ranked by Elite Traveler magazine as the most sought-after luxury address in all of Florida, and #14 in the world. The unique development being built on South Florida’s last private island features twin 16-story towers with a total of 160 impeccably appointed residences.

Privé residents will enjoy exceptional luxury and privacy, along with unrivaled amenities and services that include a 10,000-square-foot gym in each tower, private dining and social rooms, poolside café, wine and cigar rooms, kids rooms, tennis court, two pools, marina, private pier, nature trail, private beach, jogging path, full-time concierge and 24-hour gated and roving security for the privately bridged island.

“We have more indoor and outdoor amenities than any other project in South Florida,” Freedman says proudly.

And what are his predictions for Miami’s condo market in 2016? Read more of what Freedman has to say on PropertyRoom360.com.

For more information about Privé, or to plan a visit to our new sales center, please contact the sales team below, or call 866-260-1961.

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About Privé at Island Estates

Privé® is located on an 8-acre private island set between Williams Island and Sunny Isles Beach. The twin iconic 16-story towers designed by renowned architects Sieger Suarez, will be comprised of a total of 160 ultra-luxury residences ranging in size from 2,585 square feet to more than 9,000 square feet for select penthouse units– the pinnacle of Miami luxury real estate.

Every Privé residence will feature private elevator entry, flow-through floor plans with 10-foot glass on both eastern and western exposures, full 10-foot-deep balconies, expansive east/west water views throughout, European kitchens and bathrooms, as well as outdoor summer kitchens. First-class, resort-style amenities and services include a 10,000-square-foot gym and spa in each tower, private dining and social rooms, poolside café, wine and cigar rooms, kids’ rooms, tennis court, two pools and jacuzzis, marina, private pier, nature trail*, private beach, jogging path*, 24-hour gated entry and roving security, and full-time concierge.

*Subject to DERM approval and all other applicable government agencies.