The Native Realty CEO discussed the popularity of the Fort Lauderdale neighborhood, which is increasingly attracting institutional investment and development. The article detailed the record-breaking sales of the Hive and Flagler Uptown mixed-use buildings brokered by Sturgis.
Multifamily Development Driving Growth In Fort Lauderdale’s Flagler Village
Flagler Village, a trendy neighborhood near downtown Fort Lauderdale, is turning into a magnet for multifamily investors.
“Jaime Sturgis, CEO and founder of Native Realty Company, a brokerage that’s handled numerous deals in Flagler Village, said institutional investors and developers are planting flags in the former industrial neighborhood because population growth is fueling a demand for multifamily units. “Everything being built are market rate apartments because people are moving in from Miami and West Palm Beach,” he says. “It a well-located, super urban area that is also very arts and culture oriented.”
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