When you ask Miltiadis Kastanis to sum up the state of the Miami real estate market, he will not give you a pithy sound bite. And why would he? As he explains to you that there are, in reality, five to six sub-markets—from the currently super-hot ultra-high-end properties to the somewhat cooler high-end on down to the investment opportunities for aging buildings on the low end—you will quickly realize that someone so fully immersed in the ebbs and flows of this vital global real estate capital understands this is no simple question with a simple answer.
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