A place for all real estate speculations, Miami and its little sister Miami Beach experimented with many formulas for hotel development including condo-hotels. They experienced an unprecedented boom. Although the subprime crisis brought things to a sudden standstill, the projects launched are now rising out of the earth and making a strong impact on the landscape.
After the boom, the blast? Just one year ago, Miami’s real estate was at a full boil. Condominium buyers were quick to wait in front of promoters’ doors to be sure to find the apartment of their dreams. Today, against a backdrop of crisis caused by risky real estate loans, the real estate developer...
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