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.
June 27, 2022 | Daily Business Review
As Miami Tops Industrial Rental Growth Charts, Developers Must Get Creative With Limited LandPort markets saw a 23% increase in asking rent for year-over-year renter growth.
By Melea VanOstrand
3 minute read
June 24, 2022 | Daily Business Review
City of Miami's Appeal Rejected Amid Fight With Developer Who Tore Down Historic Building"It really sets forth this road map on how communities, residents, city governments and developers can resolve disputes," attorney David Winker said of the ruling
By Melea VanOstrand
3 minute read
June 24, 2022 | Daily Business Review
The Legacy of Surfside: 1 Year After Champlain Towers South Collapsed, Attorneys Reflect on Progress"We have to recognize that wakeup call, honor the victims and their families by doing something about it, and make sure that this never happens again."
By Melea VanOstrand
5 minute read
June 23, 2022 | Daily Business Review
$1 Billion Settlement Approved at Emotional Hearing For Surfside Condo Collapse Victims"Heroes wear black robes and business suits," said Eileen Rosenberg, mother of Malky Weisz who died in the collapse.
By Melea VanOstrand
3 minute read
June 22, 2022 | Daily Business Review
South Florida Seeing Heightened Medical Office Space Demand: Plantation Building Sells for $45.5M"As we were coming out of the pandemic, there was significant interest in medical assets and overlay that strong demand with a lack of supply, we saw investment really strong in the medical space with record prices as there were lots of investors looking for very few assets," said Collier's Mark Rubin.
By Melea VanOstrand
4 minute read
June 21, 2022 | Daily Business Review
Seasonal No More? Snowbirds Are Reshaping Palm Beach, Generating Bidding WarsIn 2021, over 8,000 people from New York came to Palm Beach, causing retailers to take notice and look for year-round space.
By Melea VanOstrand
4 minute read
June 17, 2022 | Daily Business Review
$49M Miami Beach Hotel Sale Signals Investor Confidence in Hospitality Sector"We have witnessed the hospitality industry's evolution in the last 24 months, demonstrating that consumers are drawn to destination experiences and prime markets that are undergoing a major transformation, like Miami Beach," said Todd Rosenberg, managing principal and co-founder of Pebb Capital.
By Melea VanOstrand
3 minute read
June 16, 2022 | Daily Business Review
Dealmakers: Reed Smith Team Lead 8-Figure Hotel Deal in Latin America, as Miami Sees Increasing Cross-Border Activity"I've done a lot of these deals in a lot of different jurisdictions, but I don't recall one that [involved] quite as many jurisdictions all at one time," said Miami Reed Smith partner Jonathan Kurry.
By Melea VanOstrand
4 minute read
June 15, 2022 | Daily Business Review
Veteran Developers Secure $65M Loan for Construction of Luxury Miami ResidencesThe loan comes at a time when residences are expected to be fitted with state-of-the-art amenities to accommodate newcomers.
By Melea VanOstrand
3 minute read
June 14, 2022 | Daily Business Review
'Big Names' Are Coming: Law Firms, Tech Companies Are Snapping Up Miami Office Space"It's been a snowball effect over the past few years. I don't think it's stopping. I think we're on the second inning of something very special," said Ryan Holtzman of Cushman & Wakefield.
By Melea VanOstrand
4 minute read