Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
April 13, 2020 | Daily Business Review
Miami's Mandarin Oriental, Surfside's Four Seasons Furlough HundredsNearly 850 employees at the two hotels are out of work due to the hospitality industry shutdown caused by the coronavirus pandemic.
By Lidia Dinkova
3 minute read
April 13, 2020 | Daily Business Review
Margate Multifamily Property Trades at $160,700 a UnitAddress: 1150-1170 NW 80th Ave. in Margate Property type: This is a 24,255-square-foot, two-building multifamily property with 28 units on a 1.7-acre…
By Lidia Dinkova
1 minute read
April 13, 2020 | Daily Business Review
Rent's Due, But Who's Paying? Coronavirus Cuts Collections, Lowers RentsSome experts believe South Florida mirrors the U.S. average with nearly a third of apartment dwellers skipping April rent payments. The instant impact of the coronavirus epidemic adds to uncertainty about how long the recovery will take.
By Lidia Dinkova
6 minute read
April 13, 2020 | Daily Business Review
Some Win, Some Lose: Disparate Impact on Industrial Properties From CoronavirusE-commerce is expected to grow and with it last mile distribution centers but the future is less bright for industrial users catering to cruise lines, airlines and conventions.
By Lidia Dinkova
5 minute read
April 13, 2020 | Daily Business Review
'Make Tough Decisions': Coronavirus Plows Into Already Distressed Traditional RetailersSome retailers that sought bankruptcy protection before coronavirus didn't pay April rent for locations that weren't originally scheduled to close.
By Lidia Dinkova
7 minute read
April 13, 2020 | Daily Business Review
'We are Not Lending': No New Loans, But Defaults Are on the Coronavirus HorizonCommercial real estate lending has halted as lenders and borrowers re-focus on existing debt with defaults and forbearance on the horizon. "It's not really about expansion today," said Centennial Bank's David Druey.
By Lidia Dinkova
9 minute read
April 10, 2020 | Daily Business Review
Weston Industrial Property Trades for $9 MillionAddress: 3255 Meridian Parkway in Weston Property type: This is a 37,873-square-foot industrial property with a designated use as a warehouse…
By Lidia Dinkova
1 minute read
April 09, 2020 | Daily Business Review
Evian White De Leon is New GC at Miami Association of RealtorsWhite De Leon's career includes working in affordable housing, one of the biggest issues plaguing Miami-Dade County.
By Lidia Dinkova
2 minute read
April 09, 2020 | Daily Business Review
Starwood Capital Secures $76 Million for New Miami Beach HQBilzin Sumberg senior counsel Jon Chassen in Miami negotiated the financing by working entirely remotely for the tail end of transaction as the coronavirus spread.
By Lidia Dinkova
3 minute read
April 09, 2020 | Daily Business Review
Miami Flex Building Trades for $2.32 MillionAddress: 6942 NW Seventh Ave. in Miami Property type: This is a 14,690-square-foot industrial building on a 9,480-square-foot lot, according…
By Lidia Dinkova
1 minute read
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