Black Salmon Capital

“Miami is a place where growth and expansion are happening at an unprecedented pace”, shared Sylvia LePoidevin, CMO of Kandji, after the company opened a new office in Coral Gables. Miami is solidifying its presence in the tech industry: - Kandji chose Miami for its East Coast headquarters and plans to hire 100 additional employees, seeing the city as the next frontier for tech innovation. - Miami Tech Works is a new initiative connecting tech graduates with job opportunities, helping to strengthen the local ecosystem. - South Florida has gained 66,000 new tech jobs since 2020, highlighting the region’s growing influence. - Major companies are establishing internships specifically for local tech graduates, fostering homegrown talent. As Miami continues to grow and attract top talent, it is set to remain a city of innovation, opportunity, and progress. #miamitech #miamigrowth #techtalent

#Lifestyle amenities are reshaping residential preferences. ?? ????♂? We feel strongly about what residents desire and know that including these elements within our projects will help create additional demand. Demand drivers: ???? Wellness amenities – Yoga studios, cold plunge pools, and meditation spaces for a holistic lifestyle. ???? Smart living – Tech-enabled security, app-based services, and high-speed connectivity for seamless convenience. ???? Community-first design – Lively lobbies, co-working lounges, and social courtyards fostering engagement. What are we implementing? ?? Affordable #luxury – Resort-style living at attainable prices, with thoughtfully curated spaces. ?? Multi-functional spaces – Designed for hybrid work and flexible living. ?? Smart home technology – Seamless control over lighting, climate, and security. ?? Wellness features – From fitness to mindfulness, covering the full #wellness spectrum. Black Salmon Capital is devoted to creating spaces that elevate and redefine urban living.

The Black Salmon team keeps getting stronger, this time with the addition of Alicia Miller-Yoder. Alicia is a results-driven leader renowned for cultivating strategic partnerships, enhancing revenue streams, and leading innovative investor communication initiatives. As President of Capital Markets and Investor Relations at Whitestone & Co., Alicia spearheaded fundraising efforts for multiple funds and represented the firm as a speaker at key industry conferences. At Black Salmon, she will serve as Head of U.S. Capital Markets. With her exceptional communication skills and a deep understanding of the capital markets landscape, we are confident she will excel in driving measurable success. Congratulations, Alicia, and welcome to the Black Salmon team! We can’t wait to see the impact you’ll make! ?? #teamgrowth #newtalent #buildingsuccess

Every great neighborhood has that one street that defines its transformation. In #Edgewater, Miami, 29th Street is it. This corridor is becoming one of the most coveted addresses in Miami, defined by: ? #Luxury living: Projects like Villa Miami and Forma are redefining high-end living. ? Culinary hub: From boutique Italian cafés to Michelin-star dining, 29th Street will soon become Miami’s next foodie #destination. ? Waterfront lifestyle: Unlike most of Edgewater, 29th Street remains unobstructed, offering pedestrians direct sea breezes and bay access. ? Retail: The presence of Whole Foods Market, alongside the proximity to Midtown and the Design District, makes this street a mix of convenience and style. ? #Connectivity: 29th Street is the only street that seamlessly connects Edgewater to Wynwood. As if this wasn’t enough, Amazon has recently joined the scene. In a major boost to Wynwood and Edgewater, Amazon has just signed a 50,000 SF office lease on 29th Street, reinforcing the area's growing appeal for business and innovation. Wondering what's next? Stay tuned! #RealEstateTrends #MiamiDevelopment

Construction update at Interchange at Live Oak! We are excited to share progress on our property located on Toepperwein Road in San Antonio’s premier northeast #industrial submarket. Development is underway for a 4-building, 493,000-square-foot, Class A industrial park featuring dock-high and grade-level loading with 30' and 32' clear heights. #Construction is scheduled for completion in Q2 2025. San Antonio’s strategic location, growing skilled workforce, and #connectivity to vital distribution networks—including the I-35 corridor, which links major Texas markets like Austin, Dallas-Fort Worth, and Houston while providing a direct route to Laredo, the largest inland #port in the U.S.—make it a top-tier destination for industrial properties. The city’s competitive costs and alignment with trends like re-shoring further enhance its appeal for businesses strengthening #SupplyChains. At Black Salmon Capital, our #MarketSelection expertise plays a key role in the success of our Industrial Fund I. By identifying high-growth markets like San Antonio, we deliver long-term value for our investors through data-driven decision-making. Let’s continue the great work at Interchange at Live Oak with our partners, Stotan Industrial.

?? Miami Ranks #1 in Economic Strength & #2 Overall Among Large Metros in the U.S. ?? The 2024 Area Development Leading Metro Locations Report, which highlights key factors such as workforce availability, economic strength, and affordability, provides an in-depth look at which cities are thriving. Greater Miami has ranked #1 in economic strength and #2 overall among large metros in the nation! Key factors contributing to Miami’s success include its established tech industry, growing finance sector, and strategic focus on climate innovation and resilience. The city continues to attract top talent and investments, particularly in tech and fintech, while also navigating the challenge of housing affordability. Miami’s continued rise as a Climate Ready Tech Hub underscores its role in shaping the future of clean energy and coastal defense technologies. This recognition further solidifies Miami’s position as a leading force in driving economic growth, innovation, and sustainability in the U.S. #miamigrowth #economicgrowth #techhub #climateinnovation

As we celebrate this special season, we thank our investors, partners, and colleagues for their trust, collaboration, and support throughout the year. It has been a pleasure working together, and we look forward to our growth together.

Black Salmon Capital is bullish on the possibilities presented to us in 2025. ? The real estate market is reacting to changes in U.S. population growth trends, changes to interest rates, and demand drivers within the #industrial and #multifamily property sectors. As the market evolves and new opportunities emerge, Black Salmon is well positioned to capitalize on these market trends. Our focus remains on executing #strategies aligned with these changing fundamentals and delivering opportunities that benefit our investors. ? We invite you to explore #investment themes we believe are relevant for the coming year.

South Florida is known for tourism, finance, real estate and tech, but it's also becoming a hub for #manufacturing. Over 6,000 companies—producing everything from airplane parts to medical devices to food products—employ about 100,000 people and have contributed $9.4 billion to #SouthFlorida's GDP since 2014. This growing sector offers #JobOpportunities with an average annual salary of $70,000, far above many other industries. The South Florida Manufacturers Association is launching regional hub pilot programs in Miami-Dade and Palm Beach to build community, tackle rising costs, and connect manufacturers with resources. This growth is not just about #EconomicImpact —it generates high-quality jobs and boosts #HousingDemand as more companies expand or relocate to the area.

Happening now: #Miami Art Week is in full swing, bringing its vibrant energy to the city. From the iconic Art Basel Miami Beach to satellite fairs and local installations, the week showcases why Miami continues to draw artists, entrepreneurs, and visionaries. A few highlights include: - Helly Nahmad Gallery: Featuring 20th-century #masterpieces by Jean-Michel Basquiat, Pablo Picasso, Wassily Kandinsky, Max Ernst, and Joan Miró. - The Faena Art beach installation and South African artist Lyra Drake's stunning showcase. - The Great Elephant Migration, a family-friendly beach installation featuring a herd of life-sized wooden elephants on Miami Beach. - Gucci Boule de Neige: A #luxury brand experience celebrating the holiday season, featuring Gucci-branded treats and a tribute to the brand’s travel heritage. This week isn't just about the #art; it represents the perfect opportunity to experience the #creativity that defines our city. Visit Miami Art Week for the full event schedule. ?? This photo was taken at our office—at Black Salmon, we are art enthusiasts. Artwork is called "Fachada" by Rodrigo Oliveira.