Will Better Private Schools Mean Explosive Real Estate Values??

Will Better Private Schools Mean Explosive Real Estate Values??

This article makes the case:

 

More high-quality private schools would electrify South Florida real estate

BY JULIETTE MAVROLEON June 17, 2018 09:00 AM

For many decades, South Florida was known as the playground for retirees, who overwhelmingly emigrated from the Northeast United States. These folks simply wanted low taxes and fun in the sun, and good schools didn’t matter to them so much. In the 1980s and ’90s, our region became defined by “Miami Vice” and South Beach (with Miami emerging as the unofficial capital of South America) and again, schools were not a big priority for new residents.

In recent years, South Florida has […] Read more

PBHFA Founder Quoted In Real Deal Article

PBHFA Founder Quoted In Real Deal Article

Hedge funds swarm into Palm Beach
Influx of asset management firms is driving up commercial rents

October 05, 2016
By Dan Weil

The City of Palm Beach and neighboring West Palm Beach are becoming ever more attractive to alternative asset managers. Some firms that have long been based in money management strongholds like New York, Boston and Greenwich are picking up stakes and moving to the Sunshine State.

“We definitely could become a little Greenwich, Connecticut,” said Jeff Greene, a billionaire real estate investor and developer living in Palm Beach. He said he’s friendly with several hedge fund chiefs who’ve opened offices in […] Read more

Hedge Funds Flock To Palm Beach

Hedge Funds Flock To Palm Beach

From The Real Deal   By Dan Weil

Palm Beach County officials are working on bringing hedge funds here from the Northeast, and it’s working, particularly in West Palm Beach and Palm Beach, giving a boost to the Class A office market and the luxury home market.

“Three to four years ago we noticed CEOs from out of state buying second homes here, and a lot were affiliated with wealth management in New York City, Boston and Greenwich, Connecticut,” Kelly Smallridge, president of the county’s Business Development Board told The Real Deal. “But they weren’t setting up business operations.”

So she and her […] Read more