The Real Deal Miami

Rosen offers ideas for distressed market

August 04, 2009 03:55PM

Miami real estate veteran Kenneth Rosen has invested here for 40 years. While he always had a formula for his acquisitions, he hadn’t committed it to paper until recently. His “Big Six” principles include seeking top locations, quality building design in class-B buildings and high occupancy rates in the property you buy. Properties need recognizable upside potential, should be financed creatively with local lenders, and, of course, change hands at a reasonable price.