The City of Miami's Department of Real Estate, Asset and Marina Management (“DREAM”) manages an estimated US$17.5 Billion real estate asset portfolio in Miami's tropical metropolis comprised of over 513 properties, 139 Million square feet of islands, three marinas of over 1,300 boat slips, moorings and dry racks, retail malls, hotels, office buildings, multifamily, theaters, stadiums, parking garages, historic properties, long term ground leases, upland and submerged lands.
The Department operates a U.S. $30 Million real estate operating budget and 50 employees and has two main divisions, Asset Management and Marina Management. The Asset Management Division oversees the leasing, acquisition, disposition and public private partnerships involving City owned properties. The Marinas Division manages and operates three marinas comprising over 1,300 boat slips, moorings and dry racks.