Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
March 16, 2023 | Daily Business Review
Panelists Talk Opportunities for Redevelopment in South Florida as Aging Condos Present Challenges for Developers"It takes a while and you have to be patient, but if you want to buy quality, you have to be committed to the transaction and remind the community you have to be committed to it," said Camilo Miguel Jr., CEO and founder of Mast Capital.
By Melea VanOstrand
5 minute read
March 14, 2023 | Daily Business Review
Tech Trends in Real Estate: Hospitality Company Announces $25M Capital Raise to Change How Consumers Travel"Our vision from the start was to create an all-inclusive hospitality experience for our customers made possible by strategic partnerships with well-known, trusted hotel and resort brands," said Nick Falcone, CEO of Rentyl Resorts.
By Melea VanOstrand
4 minute read
March 13, 2023 | Daily Business Review
801 Brickell 93% Leased as Increased Demand Drives Leasing Activity"The cross-section of industries represented by recent deals is a testament to the growth that South Florida continues to see, especially from financial services firms looking to solidify their presence here," said Charles Russo, southeast regional head for Nuveen.
By Melea VanOstrand
3 minute read
March 13, 2023 | Daily Business Review
Miami-Based Developer has Plans For $50M Condo/Hotel in Brickell"The Visions brand has attracted incredible attention from prospective buyers who recognize the heightened demand of discerning vacation and business visitors looking for an enhanced experience and lifestyle," said Fernando de Nunez y Lugones, principal of Location3 Investments & UNCG.
By Melea VanOstrand
3 minute read
March 08, 2023 | Daily Business Review
It's Time to Reimagine Wellness Amenities in the Office, CEO Says"It helps with tenant retention, and to bring employees back to the office. We elevate their productivity overall, their enjoyment, there's a long list of what we can provide to the employees," said Gil Blutrich, founder and CEO of Clear Spaces. "I think this is the future. Period.'
By Melea VanOstrand
3 minute read
March 07, 2023 | Daily Business Review
Investors and Landlords Continue to Look For Opportunities In South Florida's Industrial MarketAccording to JLL's report, quarterly rent growth has softened with quarter-over-quarter rent growth at 4%. Year-over-year rent growth is double what asking rates were a year ago at 45%.
By Melea VanOstrand
3 minute read
March 03, 2023 | Daily Business Review
Terra Secures $43.2M Refinancing Loan for Coconut Grove Development as New to Market Residences Flock to Area"Our ability to secure favorable financing for Residences in the Grove speaks to the growing demand for residential product in the thriving Coconut Grove district, which is home to walkable streets, top-tier schools and some of Miami's most exciting retail and dining destinations," said David Martin, CEO of Terra.
By Melea VanOstrand
3 minute read
March 02, 2023 | Daily Business Review
If Proposed Bill Bringing Federal Works Back to the Office Passes, Could South Florida See Another Office Boom?"It can only be positive. The Act is a good way for the federal government to lead by example and encourage companies to call employees back to physical office space," said Scott Sherman, founder and principal of Torose Equities.
By Melea VanOstrand
4 minute read
March 01, 2023 | Daily Business Review
'It's About the Money': Miami Lawyer Says Municipalities Are Abusing Zoning Laws to Restrict Religious Practices"It's about the money. They don't want their valuable real estate taken off the tax rolls, and so that's what this is all about," said attorney Franklin Zemel of Saul Ewing in Fort Lauderdale.
By Melea VanOstrand
5 minute read
February 28, 2023 | Daily Business Review
Report: Lack of Quality Office Space, Not Demand, Decreases Leasing in Palm Beach CountyTCRE, a full-service commercial real estate brokerage in South Florida, has been named the exclusive leasing agent for 500 S. Australian, a 102,087-square-foot, 10-story Class A office building located off Clear Lake in West Palm Beach. It's 92% leased.
By Melea VanOstrand
3 minute read
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