Measures to contain the spread of the coronavirus continue to shift — and so do responses by investors, developers, builders, banks and buyers. To track the impact, RE|source Miami is asking area real estate professionals in various sectors for on-the-ground reports.
Today we hear from Shahab Karmely, founder and CEO of the real estate investment and development firm KAR Properties. KAR Properties is developing 2000 Ocean in Hallandale
Beach and One River Point in downtown Miami. The New York-based firm has acquired, invested and developed other condos for 50 years across the globe.