Brickell was once the part of the Miami Gold Rush, aka the Condo Housing Boom. What was once considered a can’t lose investment, many developers were left high and dry once the housing market collapsed. The huge high rise luxuery developments were left empty and the Brickell community looked like a gold rush ghost town.

Now who has taken advantage of this situation, Starwood Capital Group.  Who is Starwood Capital? Starwood Capital is a private investement firm  that pools investors money in order to purchase distressed/foreclosed properties, hotels, commercial loans, and other worthwile investments. They look, search and mine for thier “gold”, underperforming  real estate assets. They have many options when they buy these properties at bargain prices, they can ether rent them out or resell them at a much higher price.

In 2009, Starwood Capital Group brough 40% of Corus Bank, and in turn took contol of Infinity, The Mint, and Paramount Bay in Miami.  The Mint and Infinity are some of the most desired buildings in Miami and Brickell. Starwood Capital Group can now determine the resell value for these buildings and in turn may encourage more people to buy into Brickell and the surrounding area. The have invested in upgrading the common areas of  The Infinity in Brickell.

Starwood Capital future goal would be to sell Brickell and The Infinity to the world. Thier ability may show that Brickell  and great community and perhaps worth taking the risk, and not just fools gold.