Project bucks condo trend to offer rentals [South Florida]

Project bucks condo trend to offer rentals [South Florida]

Kyle Riva is pretty confident about the market for Las Ventanas, a 15-acre retail and residential development his company plans to build at Woolbright Road and Federal Highway.

How can he be so sure in a market flush with high-profile mixed-use projects that have been repeatedly delayed or repriced in recent months?

Simple. Unlike those, the $100 million-plus Las Ventanas will offer its 494 residences as apartments for lease, not as condominiums for sale.