Julian Montero and Rebecca Abrams Sarelson Quoted on Miami Real Estate Market by Law360

Julian Montero and Rebecca Abrams Sarelson Quoted on Miami Real Estate Market by Law360
March 29, 2016

Arnstein & Lehr LLP partners Julian Montero and Rebecca Abrams Sarelson were quoted in the Law360 article, “Miami Condo Builders Relax Deposit Rules Amid Strong Dollar.” The article gives insight on the issue of the Miami condo slowdown and the reduction of condo deposits as a way to open up the condo market to the local market -- as foreign buyers get priced out due to a stronger dollar. Mr. Montero explains, “I have seen some projects go down to 30 percent for preconstruction contracts.” Ms. Sarelson says, “It’s impressive that Miami has been able to hold its appeal…South Beach will always hold a certain allure.” To read the article, click here.