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.
July 08, 2022 | Daily Business Review
Developers Are Swooping in as More Waterfront Condo Owners Consider Termination"A lot of these assets are ending their useful life. 50-60-year-old buildings are old, especially when they're located near the ocean, and the weather really takes a toll on them," said Taylor Collins of South Florida-based Two Roads Development.
By Melea VanOstrand
3 minute read
July 07, 2022 | Daily Business Review
Deterred by Rising Mortgage Prices, Would-Be Buyers Are Flocking to Multifamily"We have had our eye on Boynton Beach for a while and strongly believe that Boynton Beach is poised to reach its full potential," said Jeff Burns, CEO of Affiliated Development in a written statement.
By Melea VanOstrand
3 minute read
July 07, 2022 | Daily Business Review
Finance, Tech Jobs in Fort Lauderdale Are Fueling Seven-Figure DealsThe neighborhood's residential population has grown more than 40% over the past 10 years to more than 21,000 residents, according to the Fort Lauderdale Downtown Development Authority.
By Melea VanOstrand
2 minute read
July 06, 2022 | Daily Business Review
The Next Hot Spot? Developers Taking Advantage of Wealth Migration in Bay Harbor Islands"I really think the neighborhood is going to change drastically for the better," said developer Valerio Morabito.
By Melea VanOstrand
4 minute read
July 01, 2022 | Daily Business Review
$269 Million Construction Loan for South Florida Mixed-Use Project Is Among Largest of Its Kind"This transaction underlines the strength of Peter [Baytarian]'s vision and the importance of the Nautilus 220 project to the area," said Anthony Kang, a partner with Saul Ewing.
By Melea VanOstrand
3 minute read
July 01, 2022 | Daily Business Review
Loophole in Florida Real Estate Law Creates 'Roadmap' to Wrongdoing, Miami Attorneys Say"It's a very bad possible outcome where if someone sells the property, takes the proceeds, offloads them through a dubious but technically legal way, you can steal property," said Jessey Krehl of Pack Law in Miami.
By Melea VanOstrand
4 minute read
June 29, 2022 | Daily Business Review
830 Brickell, Key Office Tower in Miami's Business Boom, Tops Off at 55 Stories"We are excited to celebrate this moment and look forward to delivering the eagerly awaited tower to the Miami office market," said Cain International CEO Jonathan Goldstein.
By Melea VanOstrand
2 minute read
June 29, 2022 | Daily Business Review
Landlords Are Slashing Ties With Tenants to Capitalize on a Hot CRE Market. Here's How They're Doing It"I think there's going to be sympathy for businesses but at the same time, the law is really designed in a way to capitalistic benefit," said Jordan Isrow of Government Law Group in Fort Lauderdale.
By Melea VanOstrand
4 minute read
June 28, 2022 | Daily Business Review
Citadel Moves to Downtown Miami, Fast Becoming the Place to Invest in Office Space"What's surprising is that this trend is not limited to one particular segment or sector. It's a mixture of everything from private equity groups to traditional real estate developers, technology companies, global insurance firms, and everything in between," said Javier Aviñó with Bilzin Sumberg. "This diversification of tenants is what makes a healthy and sustainable ecosystem."
By Melea VanOstrand
4 minute read
June 28, 2022 | Daily Business Review
Miya's Law: Landlords Have New Safety Requirements to Meet Under Florida Rental Unit LegislationHere's what Florida landlords and their attorneys need to know to stay in compliance with Miya's Law, named after an Orlando student who was killed in her apartment in 2021 by a maintenance worker.
By Melea VanOstrand
4 minute read