The Real Deal Miami

Trading rubles for sunshine

September 18, 2008 03:33PM

From the September issue: Real estate pros in South Florida say Russian customers are doing their homework on Florida properties and arrive ready to buy. When it comes to homes in the U.S., “the really rich Russians are most interested in New York City and Palm Beach,” Donald Trump told The Real Deal. The onslaught of Russian investment in South Florida real estate continues after Trump’s record $95 million sale of a Palm Beach mansion to a Russian billionaire earlier this year.