Invest Miami Presentation Deck

8/14/2019 Invest Miami Presentation Deck

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Invest Miami


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1. Whats Happening in Miami?

2. Miami Real Estate Outlook

3. The Project: NINE at Mary Brickell Village

3 Parts Presentation


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MIAMI


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MIAMI


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BEACHES


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ARTS & CULTURE


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SHOPPING


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NIGHTLIFE


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CHAMPIONSHIP SPORTS


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DIRECT FLIGHTS


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WELCOME MIAMI 2020


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MIAMI INFRASTRUCTURE PROJECTS


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM

Miami Infrastructure Projects


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM



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Transportation Infrastructure

Airport Rail Connection

Connection to Downtown / MIC (2013):- Metrorail, Tri-Rail, Metro Mover, Metro Bus,

Greyhound, Amtrak & Taxis / Rental Cars

The overall Airport reached a $6.4 Billions

capital improvement now 90% completed

Infrastructure Projects I


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM



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Transportation Infrastructure

Tunnel + 50 Foot Dredge (2014) - $1 Billion- 180,000 Jobs

-18 Billion to local economy

- # 1 Cruise Port in the World (4.3M)

- #1 Container Port in Florida

- Multi transportation Connection

- Upgrade Rail System ($23M)

- New Revenue Sources

Port of Miami Tunnel

Infrastructure Projects II


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM



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New Museum District 29 Acres - (+$520M)

Infrastructure Projects III

S

C

I

E

N

C

E

M

U

S

E

U

M

2

0

1

4

A

R

T

M

U

S

E

U

M

2

0

1

3


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM



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New Entertainment Projects

New Marlin Baseball Stadium - $515M

- Completion: Mid 2012

- Capacity: Approx. 37,500

- Use: Baseball + Multi-use

Infrastructure Projects IV


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM



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Mega Entertainment Projects

Mega Yacht Marina

Watson Island Mega Yacht Terminal

Infrastructure Projects V

- US$480 million complex on Watson Island

- 50-slip mega-yacht marina

- Capable of handling boats up to 465 feet long

- 2 high-rise hotel towers, shopping and restaurant

space, a museum and a park


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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELLCITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM


f j


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Mega Entertainment Projects

U$ 3 Billion Project- 6 Towers, 50 Restaurants

- Marina & Casino (AP)

Genting Resort World Miami



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Miami

MegaYACHT

MARINA

GENTING

RESORT

WORLD

BRICKELL

CITY

CENTRE

AIRPORTRAIL

Connection

PORT OF

MIAMI Tunnel

New

MUSEUM

DISTRICT

New MARLINBASEBALL

STADIUM


I f t t P j t VI


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New Entertainment Projects

Brickell City Center - +5.5M Sqf.

$1.05 Billion Investments Swire Properties

9 Acre Project + 0.98 Acres (Northern Trust)

Retail: 550.000 Sqf. / Office: 925.000 Sqf.

Condos: 755 Hotel Units: 290 Rooms

Parking: 1,300 (underground) + 2,700

Infrastructure Projects VI

Economic Impact:

Approximately US$1 billion in overall economic impact

Approximately 1,700 construction jobs on average per

year for four years

Approximately 3,700 direct jobs and 2,500 indirect jobs

after construction completion

US$5.4 million in ad valorem taxes for the City of Miami


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Recovery Fundamentals


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Floridas strong underlying fundamentals shall lead to a medium / long term recovery:

High Growth

Population

Floridas population grew 14.2% during 2000-2007. That is, twice the national average growth of

7.2%. With 18M residents it is the 4th most populated state in the US. In 2015 it shall be the 3rd

after California and Texas.

High

immigration

Rate

Every day, more than 1,000 new residents move to Florida from other States, representing over

365,000 new immigrants per year. Local and International immigration are very important for

Florida. Immigration is based on Tax Advantages, Cost of Living Weather Conditions and Lifestyle.

Strong and

growing

economy

Floridas economy is ranked 14th in the world and the 8th in the Americas. Miami is the financial

and commercial capital of Latin America with over 125 Int. Banks. FL main trading partner withCentral America, Caribbean and Latin America.

World-wide

tourist

destination

Tourism is still an important boost for South Floridas economy, generating several billion dollars a

year for the region. South Beach receives over 18M and Orlando over 50M visitors per year. Miamis

Airport receives over 35M passengers per year being the #1 entry port of foreign nationals.

Foreign capital

inflows

Tens of thousands of Latin Americans and Europeans continue to acquire real estate in Miami as a

second residence or for investment purposes. In the coming years, it is expected that sales of

condominiums to foreigners will increase as many will take advantage of the weak dollar and falling

real estate prices.

Tax advantages Florida possesses several tax incentives relative to other States, given that there are no State Taxes

or City Taxes. This may represent up to 14% in savings of total rental revenue compared to other

states, such as New York or California.

Recovery Fundamentals


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MIAMI REAL ESTATE OUTLOOK

Miami Real Estate Price Index


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(Nov 06) 280.30

Supply Completion Profile


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Supply Completion Profile

Resale Market Recovery


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Resale Market

Source: South Florida Business Journal

Resale Market Recovery

Market Recovery


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Source: Downtown Development Authority

Market Recovery

Positive Signs in the Market


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POSITIVE SIGNS IN THE MARKET

Total Absorption: 12,064

928 Units per Quarter

Source: Downtown Development Authority

Positive Signs in the Market

Pre-Construction


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Source: L3 Investments Market Report

667 Units per Quarter

POSITIVE SIGNS IN THE MARKETPre Construction

30Y Fixed Mortgage Rate


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Max. 8.5% in 1995 (last twenty years)

POSITIVE SIGNS IN THE MARKET30Y Fixed Mortgage Rate


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MIAMI:THE SURROUNDING AREAS


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THE PROJECT:NINE AT MARY BRICKELL VILLAGE


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POSITIVE SIGNS IN THE MARKET

The Project


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78

PROJECT INFORMATION

Condo Name : 9 Nine at Mary Brickell Village

Neighborhood : Brickell Downtown Miami

The Address : 999 SW 1st Ave Miami, FL 33130

Developer : LYND

Equity Partners : Starwood Capital and BlackrockSales Agent : Fortune International

The Architect : Behar Font & Associates, PA

Features : Freehold Property

Estimated for Completion : Summer 2014

Number of Stories : 34

Number of Condo Units : 390

Condos Unit Type : 1, 2 and 3 Bedrooms + Penthouses


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WEST


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EAST

WEST


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EAST

SOLD


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SOLD

EAST EAST

EAST

(Facing Amenities Deck

& Water + Morning Sun)


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SOLDSOUTH


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Open View + Sunset


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SOLD

EAST

WEST


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TYPE 09 (1 Bedroom)


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TYPE 09 (1 Bedroom)

Large Balcony


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SOLDNorth


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Open View + Sunset


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SOLD

EAST

WEST


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Sales Comparable


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ECHO BRICKELLBOND BRICKELL

Proposed Structure


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U.S. LimitedLiability Company

Foreign Investor

100% Cash

(To purchase property)

Purchase Life Policy for 55%of Property Value

(To protect inheritance tax)

35% Cash


65% Mortgage


Financing For Foreigners


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Finance up to 65% for loan amount up to US$1,500,000Finance up to 60% for loan amount up to US$3,000,000

15 year fixed rate mortgage starting at 3.75% p.a.

30 year fixed rate mortgage starting at 4.50% p.a.Floating rate mortgage starting at 2.75% p.a.

Property Management


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Property Management Fee US$100 per month

~ 4.55% on Gross Rental Income


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NINE Upfront Costs


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Cost Items Description Percentage %

Non-Mortgage Related Cost Title Search & Insurance, Stamp Duty, Legal Fee,

Escrow Charges & etc

~1.20%

Mortgage Related Cost Mortgage Application Fee, Mortgage Recording

Stamps & etc

~ 1.50%

Furniture & Fittings None needed / Negligible ~ 0.00%

Upfront Cost (payable by buyer):

~2.70%Total

Nine Reasons to Buy NINE


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1. Completion in less than 1 year (August 2014)

2. Down payment structure only 30% deposit

3. Rent Ready Units vs. Decorator Ready Units

4. Location

5. Price (low PSF compared to other Brickell developments)

6. Amenities

7. Ownership (Freehold)

8. Low Completion Risk (already in construction)

9. Competitive financing available (up to 65% LTV)


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(Nov 06) 280.30


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(Nov 06) 280.30



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(Nov 06) 280.30

Important Messages

Disclaimer

You acknowledge that: (i) the information contained in this document and such other material issued in connection therewith (the Content)are provided

for information purposes only and will not be regarded as advice on securities or collective investment schemes or other financial or investment advice; (ii)


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for information purposes only and will not be regarded as advice on securities or collective investment schemes or other financial or investment advice; (ii)

the Content is not intended for the purpose of advice, dealing or trading in securities or collective investment schemes; (iii) the Content may include

certain information taken from property surveys, stock exchanges and other sources from around the world; (iv) the Content is provided on an as is

basis and by way of a summary and we do not guarantee the accuracy, completeness, or timeliness of the Content; (v) the Content may be subject to the

terms and conditions of other agreements to which we are a party; (vi) none of the information contained in the Content constitutes a solicitation, offer,opinion, or recommendation by us to buy or sell any security, or provision of legal, tax, accounting, or investment advice or services regarding the

profitability or suitability of any security or investment; (vii) you should not rely on the Content as the sole means of making any investment decision

relating thereto and you should seek professional, independent and specific advice on any such investment decision; (viii) the property market is volatile

and illiquid and property prices and rental yields may fluctuate widely or be affected by a broad range of risk factors; (ix) all plans and specifications in the

Content are intended as a guide only and are subject to such variations, modifications and amendments as may be required by the relevant authorities or

the relevant developers consultants or architects; (x) all renderings and illustrations in the Content are artists impressions only and all measurements

are approximate subject to final survey and confirmation; (xi) the Content is not intended for use by, or distribution to, any person or entity in any

jurisdiction or country where such use or distribution would be contrary to law or r egulation; and (xii) the Content has not been authorised or approved by

the Securities and Futures Commission of Hong Kong or any regulatory body of competent authority whether in Hong Kong or elsewhere.

Accordingly, you assume all responsibility and risk for reliance upon and the use of the Content and, we, our agents, advisors, directors, officers,

employees, representatives, successors, and assigns expressly disclaim any and all responsibility for any direct or consequential loss or damage of any

kind whatsoever arising directly or indirectly from: (i) the use of the Content, (ii) reliance on any information contained in the Content, (iii) any error,

omission or inaccuracy in any such information including, without limitation, financial data, forecasts, analysis and trends, or (iv) any action or non-

performance resulting from the foregoing. This exclusion clause shall take effect to the fullest extent permitted by applicable laws.

Professional Advice

Any statement contained in the Content is made on a general basis and we have not given any consideration to nor have we made any investigation of

the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You are advised to make

your own assessment of the relevance, accuracy and adequacy of the information contained in the Content and conduct independent investigations as

may be necessary or appropriate for the purpose of such assessment including the investment risks involved. You should consult an appropriate

professional advisor for legal, tax, accounting, or investment advice specific to your situation, as to whether any governmental or other consents are

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Invest Miami Presentation Deck