author
Carlos Balthazar Summ
A report by journalist Fabiane Stefano on the Brazil Journal portal highlights CIX Capital’s $60 million investment in the development of a residential building in Miami, the Rooftop @Brickell. Targeted at Brazilian investors, the project is a multifamily residential building with 120 units located on Coral Way, just five blocks from the city’s financial district.
To date, 60% of the project funding has been secured, and CIX Capital is launching a roadshow to attract new investors. The initial investment ticket is $250,000, with an expected annual return of 10% to 15%, paid quarterly.
Miami’s Growing Real Estate Appeal
In an interview with Brazil Journal, Carlos Balthazar, CEO of CIX Capital, noted:
“Miami is no longer just a vacation city or a destination for foreigners. It has become an anchor city in the U.S. real estate market, with a low vacancy rate of 5%.”
The property is designed to cater to young executives working at major corporations and financial institutions who seek high-end living accommodations.
CIX Capital’s Real Estate Expertise
With R$ 3 billion under management, CIX Capital has participated in 120 residential and commercial projects in the United States, including shopping centers and medical clinics. For the Rooftop @Brickell, CIX Capital managed all aspects of the development, from conceptualization and design to obtaining project approval from the City of Miami.
This latest venture reflects CIX Capital’s expertise in identifying and executing high-value real estate opportunities, particularly those that resonate with the growing demand for premium urban housing in key markets like Miami.
Read full article at Brazil Journal
CIX Capital is an investment by Maiz: maiz.com.br