In a recent article in Las Olas Magazine, Donald Trump was quoted as saying the South Florida market was “excellent, amazing and I have no complaints”. He further commented that the future of South Florida real estate was “bullish” to say the least. In answer to the question of “Where is South Florida going to be in 10 years?, the dynamic developer, who has several successful projects in South Florida, noted that “Florida has the best weather of any state. The beaches are the best and the water views are beyond compare.” Recently Trump has combined with South Florida’s Jorge Perez to build and develop Trump Hollywood, a luxury all glass condominium which has over 60 per cent reserved at this time. Units are going for over $1,000 per square foot and start at $2,000,000. So much for a weak market.
