Friday, May 29, 2009

Miami Bank President To Participate On Rental Rates Panel

Raul Valdes-Fauli, the Miami-Dade County president and chief executive officer of CNL Bank, has confirmed his participation on the upcoming Condo Vultures® panel discussion examining rental rate trends and the quest for double-digit cap rates on residential investment properties.

Valdes-Fauli is a veteran commercial lender in South Florida who previously worked at Colonial Bank and the former Union Bank before taking the reign of Miami-Dade County for Orlando-based CNL Bank.

Valdes-Fauli joins national real estate analyst Jack McCabe of McCabe Research & Consulting and Alan Ojeda, developer of the new high-rise rental tower One Broadway in Miami's Brickell Avenue area, on the Condo Vultures® Seminar Series June panel discussion on South Florida's rental market.

Valdes-Fauli, McCabe, and Ojeda join a soon-to-be-announced owner of a large condo association management company for a discussion with Condo Vultures® principal Peter Zalewski about the current and future trends in South Florida's rental market.

The June 16 program is scheduled to feature a networking session, panel discussion, and question and answer period with the panel. For more information, visit the Upcoming Events page at CondoVultures.com.

Peter Zalewski of Condo Vultures® can be reached at 800-750-0517 or by email at peter@condovultures.com Don't forget to sign up for our weekly Market Intelligence Report™ for detailed condo reports. Looking for a property at a deep discount? You are encouraged to take a peek at the Vultures Database™. Our new books, the Official Condo Buyers Guide to Miami™ and Miami's Great Condo Crash: A Chronicle of the Boom and Bust™ are now available. Want to see every foreclosure filed in South Florida since 2007? Check out our Foreclosure Database™.

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