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.
August 17, 2022 | Daily Business Review
Hybrid Models Are Driving Demand For Co-working Spaces"Mindspace is a fantastic addition to The Gateway at Wynwood and we are proud to have a vibrant coworking space in our growing community," said Shelby Rosenberg, R&B Realty's head of development and acquisitions, US portfolio.
By Melea VanOstrand
3 minute read
August 16, 2022 | Daily Business Review
North Miami Beach Condo Is Now Designated for EB-5 Program as Foreign Investor Demand Rises"Timing could not be riper to introduce the project as an investment vehicle and provide a new avenue to reach a diverse pool of investors," said Edgardo Defortuna, president and CEO of Fortune International Group.
By Melea VanOstrand
3 minute read
August 15, 2022 | Daily Business Review
There's Now a Credit-Scoring Platform for Buying Luxury Real Estate With Crypto"A buyer today may be concerned with placing a crypto offer, given recent volatility, but similar to the way home buyers use other services to evaluate their buying power or mortgage monthly payments, our prospective clients can use their RealScore to get a better idea of what they can afford," said Christian Dumontet, RealOpen founder and CEO.
By Melea VanOstrand
3 minute read
August 15, 2022 | Daily Business Review
Palm Beach Has Lowest Vacancy Rates in the Southeast Office MarketWith over 80% of the active pipeline of traditional office assets in the county pre-leased, the market rents are expected to maintain upward momentum.
By Melea VanOstrand
3 minute read
August 12, 2022 | Daily Business Review
$280 Million in Construction Financing Secured for Little Havana Development"CentroCity will bring this vision to life, creating a true pedestrian-friendly mixed-use village in the center of Miami and a catalyst for future investment," said Terra CEO David Martin.
By Melea VanOstrand
2 minute read
August 12, 2022 | Daily Business Review
'Small, Bad Decisions Sometimes Lead to Big Litigation': Holland & Knight Teams with Legal Aid for Housing Act Win"We are still collecting the data but will seek six figures in attorney fees," said Matthew Zimmerman, a partner in Holland & Knight's West Palm Beach office. "We would like to donate any recovery to Legal Aid Society of Palm Beach County to support its important work."
By Melea VanOstrand
4 minute read
August 11, 2022 | Daily Business Review
Trial Court Erred by Blocking Amendment in Transaction Dispute With Developer, Appeals Court Rules"Although not a complete victory, the panel did what was right to prevent a windfall," said the appellant's legal team in a joint statement.
By Melea VanOstrand
4 minute read
August 10, 2022 | Daily Business Review
$43.5M Loan Secured for 'Heavily Re-Tenanted' Miami Design District Building"The property has been heavily re-tenanted in recent years to elevate value, as the Miami Design District has continued to drive rental rates with its evolution towards high-end designer fashion and art."
By Melea VanOstrand
2 minute read
August 09, 2022 | Daily Business Review
Hialeah Is Transforming as Demand For Upscale Rentals, Restaurants and Retail Rise"There is certainly a need for affordable housing, but the overall demand is shifting toward a new type of product that is geared toward providing luxury with the future in mind," said Masoud Shojaee, CEO and chairman of the board at Shoma Group.
By Melea VanOstrand
3 minute read
August 08, 2022 | Daily Business Review
Sale of Miami Beach Office Building Signals Growing Desire for Oceanside Office Space"South Beach is a global destination that has seen unprecedented wealth and corporate in-migration, driving high office demand and rent growth, resulting in strong investor interest in office buildings there," said managing director Ike Ojala, JLL Capital Markets.
By Melea VanOstrand
3 minute read