South American And Russian Investors Are Not The Only Investors Fueling The Miami Economy According To Investment Advisor Danilo Diaz Granados

Wealthy South American investors have played a major role in the recovery of the housing market a few years ago. Russian investors also realized that real estate prices in Miami were a steal back then, and they jumped at the chance to invest in Miami. But there’s another wealthy investment group that is interested in the Miami market, according to investment advisor Danilo Diaz Granados. Granados is an investment advisor for Fireman Capital Partners, and he thinks the Chinese are investing at an unprecedented pace.

Even though Chinese investors only accounted for 3% of the investment market in Miami in 2014, that figure jumped considerably in 2015. Latino investors from countries like Brazil, Venezuela, Argentina and Colombia accounted for 62 percent of sales in 2014, according to Granados Twitter page, but due to currency issues this year, those investors are not putting money into the market as quickly as they did in 2014.

Danilo Diaz Granados thinks the combination of escalating property values and currency shifts had an impact on the investors that have been supporting Miami’s growth. Granados earned an economics degree from Babson College in Boston, so he understands how the financial game is played, especially in Miami. Not only is Danilo Diaz Granados a competent investment analyst, he is also a filmmaker. Danilo likes to document Latino life in the United States, and he does that through his film company, Edge of Glory Films. Edge of Glory films is a one-man operation. Danilo is the producer, director, editor and promoter.

Big name developers are trying to lure more Chinese investors to Miami, and that strategy is working, according to Danilo Diaz Granados. Investors around the world want a piece of Miami. Miami is now one of the hottest cities in the United States when it comes to attracting foreign investors. Move over New York, Los Angeles and San Francisco, Miami is taking its spot as an investment money-maker. Granados and other investment advisors think the Miami real estate market is the place to make better than serious returns. But there are other investment in Miami that are worth a look as well, according to Granados.

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