This piece examines how Florida-based companies, particularly BTI Partners, adapted following the 2008 Lehman Brothers collapse. BTI Partners Managing Partner Noah Breakstone used this principle to acquire distressed debt and control approximately 10,000 acres across Florida at significant discounts.
The company transitioned from mid-sized developer to one of Florida’s largest ready-to-build land owners. As traditional bank lending dried up, developers pursued alternative financing—especially EB-5 investor visa programs.
