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I am not sure how good they are at scouting locations or predicting market demand. The one I'm in on Miami Beach (why they picked this location to start is beyo
by brianbreslin 10y ago
I am not sure how good they are at scouting locations or predicting market demand. The one I'm in on Miami Beach (why they picked this location to start is beyond my imagination) is maybe 50% full, and 2 more locations are either just opened or coming open soon as well.
- skyrw 10y agoPart of what they are doing is using their funding and power to make a massive real estate land grab at very low rates for long lease terms. I believe they are gambling that in 5-10 years the market demand will swell to accommodate some of their lower value areas.