Multifamily is back. Or is it? Oversupply lessens but vacancies, pipeline still high
Developer Raimundo Onetto has been weaning leasing incentives for new tenants at his 296-unit Crest apartment building. “We saw a shift in the market since the end of last year,” said Onetto, who leads Coconut Grove-based Alta Developers. The building is 95 percent leased, he said. “We have been trying to recapture…
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Provenance
- Publisher
- The Real Deal — South Florida
- Obtained from
- The Real Deal — South Florida
- Published
- Jul 30, 2026
- Last updated
- Jul 30, 2026 (today)
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