The Real Deal Miami

Prodigy to buy NYC and Miami properties for investors

June 03, 2009 03:21PM

Real estate firm Prodigy International has launched Prodigy Network, a company that will purchase condominiums for international investors. The company plans to initially purchase $100 million worth of new condo units in New York and Miami on behalf of investors located in Latin America, Europe and Asia. “Prodigy Network is currently considering inventory from developers and exclusive brokers. We have lined up a pool of international investors … in order to take advantage of the opportunities available in the current market,” said Rodrigo Nino, founder and president of Prodigy. “We are looking for new condominium projects ranging from approximately $350,000 to $3 million per unit with attractive discounts. TRD