Private equity firm Gaia moves HQ from NYC to Miami, bets on rental homes
Gaia Real Estate moved its headquarters from New York to Miami, as it focuses on investment in South Florida’s multifamily market. The move comes after a slowdown of the influx of out-of-state companies to South Florida, which reached an apex in the three post-pandemic years. Gaia’s heightened investment in the Magic City also comes at a questionable time for the rental market. Gaia established its base at 8163 Northeast Second Avenue, after first opening an office there early this year, according to the firm’s news release. It’s expanding at the site, where it’s leased a total of 5,000 square feet, […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Historic cottage near Citadel’s Brickell HQ to move to Coconut Grove
Summermaxxing: Wealth boom brings heat to South Florida with pricey off-season sales
Rivani’s $50M Miami Beach office expansion with Playboy HQ heads to voters
Alonzo Mourning, HTG net $55M financing package for affordable housing
$16M West Palm mansion breaks city’s record for priciest non-waterfront sale
Centaur sells Panther National for $191M in South Florida’s biggest golf course trade this year
Florida’s education shakeup is pouring money into private schools. Here’s what it means for real estate
South Florida’s top deals: Palm Island home sells for $19M
Simple steps can make a home listing stand out
Why more Americans are turning to co-buying to afford a home
