Credit: Alberto GV PHOTOGRAP/Adobe Stock. South Florida Job Growth to Spur Rent Demand in 2023
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.
December 30, 2022 at 03:19 PM
3 minute read
Real Estate News
Job growth continues to fuel renter demand in South Florida as global companies continue relocating to the region.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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