{"id":2502,"date":"2025-12-01T13:16:44","date_gmt":"2025-12-01T18:16:44","guid":{"rendered":"https:\/\/www.brickellsold.com\/blog\/who-are-salim-and-kamil-chraibi-of-bluenest-development\/"},"modified":"2026-04-13T10:15:42","modified_gmt":"2026-04-13T14:15:42","slug":"who-are-salim-and-kamil-chraibi-of-bluenest-development","status":"publish","type":"post","link":"https:\/\/www.brickellsold.com\/blog\/who-are-salim-and-kamil-chraibi-of-bluenest-development\/","title":{"rendered":"Who are Salim and Kamil Chraibi of Bluenest Development?"},"content":{"rendered":"<\/p>\n
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On the edge of Miami-Dade County\u2019s built world, where single-family home subdivisions plateau into open expanses, sits a 90-acre tract. The land in south Miami-Dade is neatly carved into distinct uses: one parcel planted with row crops such as soybeans, another devoted to a palm tree farm, a third to an avocado orchard and a fourth to a nursery for a variety of plants.\u00a0<\/p>\n

Here, developers Salim and Kamil Chraibi plan roughly 500 townhomes and 76 large single-family homes lining the perimeter of the property. Every home will be capped at workforce prices and 20 percent of units will be reserved for households earning no more than 140 percent of Miami-Dade\u2019s $87,200 median income.\u00a0<\/p>\n

\u201cWe are building townhomes that are barn style \u2026 that would match the agricultural style around,\u201d Salim said, showing a rendering of the barn-like fa\u00e7ades with steep pitched metal roofs.\u00a0<\/p>\n

The project embodies the Chraibis\u2019 niche: developing workforce housing in south Miami-Dade.\u00a0<\/p>\n

Bluenest Development, the Miami-based firm which Salim founded in 2018 and Kamil, the younger brother, joined about a year later, has seized on the rich supply of cheaper land in the south county area and on the high demand for housing priced below market rate.\u00a0<\/p>\n

It\u2019s hardly the only firm leaning into this play. During the recent years\u2019 boom in demand due to an influx of out-of-staters, developers rushed to south Dade, the county\u2019s last frontier for housing development, but Bluenest far outpaced many of its contemporaries.\u00a0<\/p>\n

They \u201care very aggressive and they do what they say they are going to do. \u2026 They built a very good reputation in a short amount of time,\u201d said Jason Bass, who last year was part of a partnership that sold a 20-acre development site in Homestead to Bluenest. \u201cThe dealings I\u2019ve had with Bluenest \u2026 they never ask for any extensions [to land acquisition closing] or concessions that are much to speak of.\u201d\u00a0<\/p>\n

The numbers show the momentum. Bluenest\u2019s portfolio is heavily concentrated in the southern part of the county and includes 1,000 completed homes and a pipeline of about 3,000 homes in various stages of approval and development, according to the firm.\u00a0<\/p>\n

As South Florida quickly turned into a buyer\u2019s market over the past year, the Chraibis\u2019 target demographic of buyers insulates them from the slowdown, largely because demand for below-market priced homes is perennial.\u00a0<\/p>\n

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\n\t\u201cIt seemed like everybody was willing to build high-end mansions; $10-, $15-, $20 million homes. But then when you looked at the median income, I was wondering where all of these people were living.\u201d<\/span>
Salim Chraibi, Bluenest Development<\/span>\n\t<\/p>\n<\/blockquote>\n

Still, they aren\u2019t immune to the economic headwinds that developers are facing, including elevated materials and labor costs, and unfavorable interest rates. Not to mention lingering doubts about the long-term viability of south Miami-Dade \u2014 an area that offers farmland, strip malls and subdivisions pushing toward the Everglades but lacks the Miami allure of oceanfront views, glitzy architecture and 24\/7 entertainment.\u00a0<\/p>\n

But Bluenest is accelerating. By the third quarter of next year, it expects to complete roughly 400 homes and start construction of nearly 600, Salim said. His ambitions are bigger.\u00a0<\/p>\n

\u201cOur goal by 2028,\u201d he said, \u201cis to start delivering a thousand homes a year.\u201d<\/p>\n

It\u2019s ambitious. In the cutthroat world of real estate, the developers who scale quickly tend to be deeply embedded in the industry. Many are born into families that already hammered out a reputation in South Florida and take the reins from their parents. Others, who start out as unknowns, usually run in circles where they can tap into deep-pocketed investors.\u00a0<\/p>\n

As South Florida transplants, the Chraibis have none of that\u00a0 yet, scaled in less than a decade to become one of the top non-institutional workforce housing developers in south Miami-Dade.<\/p>\n

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