Melea VanOstrand

January 17, 2023 | Daily Business Review

"What changed for many of them now is that they're getting into these peak homebuying years, and I think that will mean that if they're ready to buy a home, then they're likely to do so this year," said Josip Rupena, founder and CEO of Milo.

By Melea VanOstrand

3 minute read

January 13, 2023 | Daily Business Review

"Today's climate is definitely challenging, but I think it forces creativity," Ryan Shear, managing partner of PMG and developer of Society Living, social apartment communities in various cities.

By Melea VanOstrand

3 minute read

January 12, 2023 | Daily Business Review

"There's a competition for land in Florida. There's 1,000 people a day moving to Florida. We are the fastest-growing state in the country. And if we want to protect a little bit of what's native, we need to be on it," said Dean Saunders, a Florida expert in land conservation and a land broker.

By Melea VanOstrand

3 minute read

January 11, 2023 | Daily Business Review

A Q4 Miami-Dade office market report by Marcus & Millichap says big-name employers are gravitating towards buildings that are amenity-rich in Brickell and Miami Beach, where office availability in the summer of 2022 was below levels reported at the beginning of the COVID-19 pandemic.

By Melea VanOstrand

3 minute read

January 10, 2023 | Daily Business Review

"When school is out, that's when the demand is there. People don't like moving their kids until school is out or summer vacation," said Justin Giles, a real estate investor and hedge fund manager. "I anticipate that somewhere around the spring or summer, you may see interest rates die down a little bit so the government can prepare for the higher demand so that they can stimulate the economy a little bit."

By Melea VanOstrand

4 minute read

January 09, 2023 | Daily Business Review

"Both of these take away units that could be rented to the public, and it's the shortage of available units that drives rental rates higher," said Ken Johnson, an economist in Florida Atlantic University's College of Business in a press release. "While developers and local governments clearly need to build more units, that's not the only solution to this problem."

By Melea VanOstrand

3 minute read

January 06, 2023 | Daily Business Review

The dispute started over a nonexclusive easement between two adjacent properties—the Blue Lagoon Condominium Association and the Weiss property.

By Melea VanOstrand

4 minute read

January 04, 2023 | Daily Business Review

South Florida has benefited more from pandemic-fueled attention than any other part of the Sun Belt.

By Melea VanOstrand

4 minute read

January 03, 2023 | Daily Business Review

Growing economic uncertainty has allowed the multifamily sector to serve as a vital outlet for young adults as many will opt to rent for longer rather than save for a down payment in 2023.

By Melea VanOstrand

2 minute read

December 30, 2022 | Daily Business Review

With home prices in Miami nearly 10 times the metro's average household income, more new residents are expected to turn to the rental market.

By Melea VanOstrand

3 minute read