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Banesco USA Hosts Discussion on Puerto Rico's Economic Future with Author Adam Greenfader

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Miami, Florida — June 15, 2023 — Banesco USA welcomed business leaders, investors, developers, financial professionals, and policymakers to its new headquarters in Doral for an evening of conversation centered on Puerto Rico’s long-term economic future. The event featured Adam Greenfader, Chairman of AG&T, discussing his book, Why Puerto Rico Now: A Masterplan for Resurgence, Resiliency, and Long-Term Economic Growth.

More than a traditional book presentation, the event explored Puerto Rico’s transformation following years of fiscal restructuring, natural disasters, and unprecedented federal investment. The conversation examined how resilience, private capital, innovation, and public-private collaboration are reshaping the island’s economy and creating new opportunities across real estate, hospitality, infrastructure, technology, and finance.

The discussion was particularly meaningful as it coincided with the fifth anniversary of Hurricanes Irma and Maria—two events that fundamentally changed Puerto Rico’s approach to development and resilience. Rather than focusing solely on rebuilding what had been lost, the book argues for creating a stronger, more diversified, and more sustainable economic model capable of serving future generations.

Drawing upon more than twenty-five years of experience advising and participating in over $2 billion in residential, hospitality, commercial, and mixed-use development projects throughout Puerto Rico and the Caribbean, Greenfader shared lessons learned from working alongside developers, investors, lenders, government agencies, and international organizations during one of the island’s most transformative periods.

Throughout his career, Greenfader has championed initiatives designed to strengthen Puerto Rico’s economic ties with the U.S. mainland. Through investment conferences, educational forums, publications, and collaborations with organizations such as the Puerto Rico Builders Association, the Urban Land Institute, Bisnow, and numerous public and private institutions, AG&T has worked to position Puerto Rico as one of the Caribbean’s leading destinations for investment and long-term economic development.

A Conversation About Opportunity

The evening’s featured discussion paired Adam Greenfader with Rodrick T. Miller, President and CEO of the Miami-Dade Beacon Council, for a wide-ranging conversation about Puerto Rico’s evolving role within the broader U.S. and Caribbean economies.

Topics included:

  • Puerto Rico’s economic transformation following fiscal restructuring

  • Investment opportunities across hospitality, real estate, infrastructure, and technology

  • The growing importance of resilience and sustainable development

  • Innovation in financial services and fintech

  • Strengthening commercial relationships between Puerto Rico, Miami, and the Caribbean

  • The role of private investment in accelerating long-term economic growth

The discussion reflected a growing recognition that Puerto Rico’s future will be shaped not only by public investment but also by collaboration among financial institutions, developers, entrepreneurs, and business leaders committed to the island’s long-term prosperity.

A Shared Commitment to Economic Growth

By hosting the event, Banesco USA reinforced its commitment to fostering meaningful dialogue around economic development, entrepreneurship, and regional investment. Bringing together leaders from finance, construction, law, real estate, and professional services, the evening created an opportunity to exchange ideas and strengthen relationships between South Florida and Puerto Rico’s business communities.

The conversation also reflected a broader objective shared by both Banesco USA and AG&T: creating forums where thoughtful discussion can lead to new partnerships, informed investment decisions, and sustainable economic growth throughout Puerto Rico and the Caribbean.

About Adam Greenfader

Adam Greenfader is Chairman of AG&T, a Miami-based real estate development and capital advisory firm specializing in hospitality, residential, mixed-use, and island developments throughout Puerto Rico, the Caribbean, and Latin America. Over the past three decades, AG&T has participated in more than 55 development projects with an aggregate value exceeding $2 billion.

A frequent speaker on Caribbean real estate, hospitality investment, resilience, and economic development, Greenfader has organized numerous industry conferences and investment forums designed to strengthen connections between Caribbean opportunities and global capital. He previously served as Chair of the Urban Land Institute Caribbean Council and has worked closely with the Puerto Rico Builders Association and other regional organizations to advance sustainable development and long-term economic growth.

Why Puerto Rico Now: A Masterplan for Resurgence, Resiliency, and Long-Term Economic Growth is available in paperback, e-book, and audiobook formats, with the audiobook narrated by the author.

For more information about the book “Why Puerto Rico Now,” please visit www.whypuertoriconow.com. The book and Audio Book is available at amazon in paperback as well as in audio format, narrated by the author himself.