Media Coverage

Why Trez Capital Believes ‘Slow And Steady’ Wins The Race, Even In Fast-Growing South Florida

October 23, 2023

Florida commercial real estate owners are seeing rising insurance costs fueled by an increase in hurricanes and other natural disasters. In the past year, commercial property premiums rose to 93 cents per $100, up from 68 cents per $100 in 2022.

Even with these risks, rising interest rates and a housing shortage, South Florida continues to see tremendous growth potential, thanks to consumer spending in real estate and retail and the number of new residents migrating to the area.