Sixth Annual Real Estate Research Initiative

The University of Miami and a graduate student team from the Master of Real Estate Development + Urbanism (MRED+U) program conducted its sixth-annual Commercial Real Estate Sentiment survey during December 2023 & January 2024. 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.

The 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 to track changing perspectives over time.

In its sixth year, the survey asked respondents to share their views – with a special focus - on the Five Pillars of Long-Term Growth in South Florida: Housing; Education; Accessibility; Technology; and Transportation.

Highlights include:

  • The South Florida Commercial Real Estate Market Today
  • Direction of the South Florida Commercial Real Estate Market
  • Drivers of Commercial Market Strength & Investment
  • Impact of Housing Affordability
  • Role of Higher Education in the Real Estate Workforce
  • Incentives to Improve Accessibility
  • Transportation’s Role in New Development
  • Technology in the South Florida CRE Market

 

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Student Research Team:

Stephanie Banon
David Flaxer
Juan Pablo Gutierrez
Tyler James
Michael Lombard
Tara Patel
Daniel Rodriguez
Richard Woods

Industry and Faculty Advisors:

Charles C. Bohl, Ph.D., Faculty Advisory
Professor and Director, MRED+U

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

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

Nick Levin, Alumni Advisor
MRED+U, 2023, Director of Investments , BLD Group

Mark Troen, FRICS, Lead Faculty Advisor
Senior Vice President, Brookwood Group, MRED+U Lecturer

Research Partner:

John Burns Real Estate Consulting