The past two years were like nothing ever before seen in South Florida. A period of record growth was fueled by inbound migration, strong consumer spending and record low interest rates — all of which drove billions of dollars invested in the development of millions of square feet of commercial real estate (CRE). Much of this was brought on by the pandemic.
Now, the pandemic has subsided and the South Florida CRE market has come to a moment of reckoning. Or has it?
The Federal Reserve has raised…
