Dev Motwani ‘06 MSRED speaks with the Commercial Observer about his company, Merrimac Ventures, which is expanding its focus on luxury units in Fort Lauderdale Beach, Pompano Beach, and Telluride and gives insight on Merrimac Ventures’s strategic approach to the Miami housing marketing boom.

Among the questions, the Commercial Observer asked: Patience sounds like a theme in your projects. Is it hard to buy a piece of dirt and then be patient?

“It can be. It all depends on a number of things. Number one is how you’re capitalized, and whether you have partners with a long-term outlook. Also, we don’t just sit around and wait. We get active in the community. We support the politicians and the government and what they’re doing with infrastructure. That has been our family MO. It worked for us in Fort Lauderdale Beach, and then with Miami Worldcenter, and now with Pompano Beach.”

Read the full interview online.

Interim MSRED Program Director Adam Lubinsky, Principal at WXY, presented the firm’s work on a groundbreaking tool for Habitat for Humanity. Lubinsky was joined by Bahij Chancey, Director of Planning at Habitat for Humanity, to present the HumanityLand tool with partners Forsyth Street Advisors at the Opportunity Finance Network Conference in Los Angeles in September 2024. Visit humanity.land to explore the game, which allows users to play the role of a Habitat affiliate seeking to acquire and develop housing on a range of sites, including urban, suburban, rural, brownfield, grayfield lots.