Major finance, law and tech firms have relocated or expanded to the Miami area in the past two years, drawn to the business-friendly environment, warmer weather and talent pool. In turn, legal, accounting and communications companies have been...

PIMCO’s Flexible Real Estate Income Fund is the latest example of this strategy.

Amazon no longer seems unassailable. This year saw the world’s largest e-commerce company at one point lose a trillion dollars in market value.

Big investors may hunt for value-add and opportunistic plays in the coming year amid rising allocations.