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Real Estate Is Going South — In This Case Straight To Panama PDF Print E-mail

INVESTOR'S BUSINESS DAILY

Posted 3/6/2008

A Florida developer is making hay while the Sunshine State wilts in cloudy weather.

Todd Gates has headed from Naples, Fla., to Panama, where real estate market conditions are presently much sunnier.

This sliver of a nation south of Costa Rica links Central America to South America. It has coastlines on the Atlantic and Pacific and lush mountains in between. Here, Gates has found his idyll: a revenue base not tied to boom-and-bust Florida.


 
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