Private Credit Boom: Miami's Role as a Financial and Litigation Hub

Litigation attorney Brian Briz was quoted in a Daily Business Review article about the rise of the private credit market and Miami's unique position to capitalize on it. In these markets, currently sized at $1.5 billion and expected to grow to $2.8 trillion by 2028, non-bank lenders offer financing to businesses, generally small and medium-sized enterprises that do not hold investment-grade ratings. Miami, along with the surrounding South Florida region, serves as a bridge between North and South America, making it ideally situated to take advantage of the new wave of private lending. Mr. Briz commented on Miami's role as a financial hub and offered optimistic predictions for future growth.

"We probably have as much experience with foreign capital as any other place in the country, and you can see the impact it has had on our community," he said. "Here we're already ahead of the rest of the country in drawing that capital. As Miami grows and financial companies continue to invest here and grow in Miami, it'll continue to grow even more so in the future."

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