There's strong demand for CRE in Miami and New York City, says Cain CEO Jonathan Goldstein

Commercial Real Estate Market - Kane International manages over $13 billion in assets [1] - The company's 8:30 Brickell development in Miami, totaling over 600,000 sq ft, was fully leased upon closing [2] - Kane International's office block on 57th Street in New York is over half leased and experiencing strong demand [3] - The company focuses on building the best properties in prime cities like Miami and New York [4] - There's a noticeable demand for new, high-quality office spaces with amenities, contrasting with struggling older properties [3][4] Luxury Hospitality - The company is seeing strong demand in luxury real estate, including hospitality and residential sectors, driven by wealth transfer [4][5] - UBS predicts over $80 trillion wealth transfer between generations by 2030, with young people (30-40) spending over $50 billion a year by 2028 [5] - Kane International is reinvesting in the Delano Hotel in Miami Beach, with reopening planned for the first quarter of 2026 [6] - The Beverly Hilton reinvigoration project is valued at over $5 billion, supported by JP Morgan and Vichi, indicating strong demand for luxury residences with privacy, wellness, and security [7][8]