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Where is Miami in the current real estate cycle?

Richard LeFrak, Alicia Cervera, Phillip Spiegelman and more weigh in

Clockwise: Gregg Covin, 1000 Museum; Richard LeFrak, LeFrak; Philip Spiegelman, ISG; Reid Boren, Eastview Development; Alicia Cervera Lamadrid, Cervera Real Estate; and Jake Roffman, 13th Floor Investments.
Clockwise: Gregg Covin, 1000 Museum; Richard LeFrak, LeFrak; Philip Spiegelman, ISG; Reid Boren, Eastview Development; Alicia Cervera Lamadrid, Cervera Real Estate; and Jake Roffman, 13th Floor Investments.

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From the South Florida website: Miami is still experiencing an unprecedented real estate boom fueled by a robust pool of wealthy out-of-town buyers and projects built by experienced, well-financed developers, according to prominent real estate insiders. [more]

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