The Real Deal New York

From Russia — and elsewhere — with less love

Economic conditions worldwide are shifting how foreign capital flows into South Florida

April 20, 2015 02:25PM
By Francisco Alvarado

054-056 GLOBAL VIEW-FINAL.inddFrom the South Florida website: As the U.S. dollar continues to gain strength in a growing economy, the buying power of the primary foreign investors helping to fuel South Florida’s current boom cycle is sputtering. Currency devaluations along with other destabilizing economic and political factors in Latin America, Europe and Russia are making it harder for buyers from those regions to convert their funds to flight capital. [more]