Fifth Annual Real Estate Research Initiative

The University of Miami conducted its fifth-annual Commercial Real Estate Sentiment in South Florida survey during January 2023 including a special focus on Emerging Trends and Perspectives on Resilient Development in South Florida. The Real Estate Research Initiative is conducted by the University of Miami’s Masters in Real Estate Development + Urbanism (MRED+U) Program. Each year the survey engages real estate industry professionals throughout South Florida, including over 100 Real Estate Advisory Board members who support real estate education programs in the Architecture, Business, and Law Schools.

This annual survey was developed to examine and track sentiments regarding the commercial real estate market in Miami-Dade, Broward and Palm Beach counties from local real estate professionals on an annual basis and track changing perspectives over time.

In its fifth year, the survey focuses on four aspects that give South Florida a competitive edge. The questions ask respondents to share their views on the ways to attract and retain top talent; preferences to settle in an urban, suburban, or "surban" environment; diversity of their organizations; and migration patterns.

Highlights include:

  • The South Florida Commercial Real Estate Market Today
  • Drivers of Commercial Market Strength
  • Key Drivers for Attracting Investment
  • Direction of the South Florida Commercial Real Estate Market
  • Evaluation of Living Preferences
  • Impact of Migration on Demand and Investment
  • Changing Diversity in Employment and the Workforce

 

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Student Research Team:

Amanda Brown
Nicholas Levin
Andres Pretelt
Natalia Vergara

Industry and Faculty Advisors:

Devyn Bachman
Senior Vice President, John Burns Real Estate Consulting

Lesley Deutch
MRED+U Advisory Board Member, Managing Principal, John Burns Real Estate Consulting

Tim Hernandez, Faculty Advisor
MRED+U Lecturer, Principal, New Urban Communities

Sam Herrera, Alumni Advisor
MRED+U '20, Associate, 3650 REIT

Mark Troen, FRICS, Lead Faculty Advisor
MRED+U Full-Time Lecturer and Senior Vice President at Brookwood Group Inc

Research Partner:

John Burns Real Estate Consulting