PHOTOS: TRD Broward Showcase & Forum attracts SoFla’s top RE professionals

Panels analyzed the state of South Florida's markets while showcase featured 23 exhibitors

New York /
Apr.April 21, 2016 05:55 PM

From the South Florida website: Nearly 2,000 real estate professionals attended The Real Deal’s Broward Showcase & Forum last week, marking the second annual go-to event for the industry.

Experts analyzed the state of South Florida’s markets on two panels, while attendees explored the 23 exhibitors on display in the expo area, ranging from developers and architects to kitchen manufacturers and exercise equipment. The event was held at the Design Center of the Americas in Dania Beach, in open-air atriums filled with colorful art installations.

On the “South Florida Development Outlook” panel, developers remained focused on areas poised for growth, despite a residential slowdown across the board. And while many have danced around the decline in sales over the past few months, panelist Fernando De Nuñez was very blunt. “This was the worst season ever for us,” he said.

And during the “Broward Deep Dive” panel, insiders focused on the county’s hottest markets, including Fort Lauderdale Beach and Flagler Village. As Miami loses some of its steam, developers and brokers said Broward is picking up the slack.

Of the 417 buildings and 51,000 residential units in South Florida’s pipeline, 19 percent are in Broward, according to figures cited by panel moderator Peter Zalewski, a TRD columnist and founder of research firm CraneSpotters.com.

“Our economy both in the county and in the state of Florida lives and dies with the real estate industry,” said Broward Mayor Martin Kiar, who gave a keynote address before the panel began. “When the real estate economy is booming, our local economy is booming.”


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
15 Central Park West penthouse and Lindsay Rosenwald (Google Maps, BHS, Fortress)
15 Central Park West penthouse sells for $46.7M
15 Central Park West penthouse sells for $46.7M
Amol Sarva and Cantor Fitzgerald CEO Howard Lutnick (Sarva via Sasha Maslov, Lutnick via Getty)
Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick
Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick
604 Fifth Avenue and Minamoto Kitchoan president Kemmei Okada (Photos via Google Maps, Minamoto Kitchoan)
Fifth Avenue’s Childs Building sells for $45M
Fifth Avenue’s Childs Building sells for $45M
(iStock)
Hot, hot, hot: Resi market sets new price records in March
Hot, hot, hot: Resi market sets new price records in March
Housing starts soared in March, which is good news for a residential market hampered by low inventory and high demand. (iStock)
Good news: March housing starts soar 19%
Good news: March housing starts soar 19%
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...