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Daily Business Review

How Much Coverage Do You Really Have? Valuation and Loss Settlement Provisions in Commercial Property Policies

While in many cases involving a substantial property loss the applicable policy limit is clear, in some cases it is not, and the amount to which the policyholder is entitled is governed by a confluence of policy provisions informed by applicable state law.
10 minute read

Daily Business Review

The Importance of 'Speaking Up' Regarding Lease Renewal Deadlines for Commercial Tenants and Landlords

While courts in South Florida sometimes agree with the commercial landlords and force the tenant to leave if the tenant was late in exercising the renewal option, it has been the law of our state for over 70 years that, in certain circumstances, a tenant that exercises its option late may nonetheless extend the terms of its lease.
6 minute read

Daily Business Review

Meet the Attorneys—and Little Known Law—Behind $20M Miami Dispute

"Frankly, an appeal of the court's decision faces such an uphill battle," said defense counsel for the City of Miami, Robert "Bob" Stein of Rennert Vogel Mandler & Rodriguez.
6 minute read

Daily Business Review

Islamic Finance and Real Estate in Florida

With such a widespread Muslim population living and growing in Florida, this article will provide a summary of sharia law and its relation to Islamic finance, the key principles of Islamic finance, and discuss two of the most popular Islamic finance transaction structures for the purchase of real estate in Florida.
7 minute read

Daily Business Review

Legal Insights: Navigating the Complexities of Florida's Mixed-Use Real Estate Scene

In the dynamic world of Florida real estate, mixed-use developments are gaining traction, reshaping urban landscapes and offering a blend of residential, commercial and recreational spaces.
3 minute read

Daily Business Review

Cost Segregation: Don't Overlook This Valuable Real Estate Tax Strategy

These studies, typically performed by multidisciplinary teams of engineers and tax specialists, can result in substantial tax deferrals, increased cash flows, and immediate capital boosts for investment in new projects.
7 minute read

Daily Business Review

Bank Activity Fuels South Florida's Economic Growth

So far, 2024 is shaping up to present clearer skies for banks, specifically community banks in South Florida as domestic migration and corporate relocations to the area continue. The U.S. Census Bureau ranked Florida as number two in population growth from 2022 to 2023.
3 minute read

Daily Business Review

Good Neighbor Agreements: Navigating Post-Surfside Construction Safety in S. Fla'.s New Golden Age

How can an association or developer protect its rights against difficult, meddlesome or all-out dangerous neighbors? The answer is simple, "good neighbor agreements." A good neighbor agreement is a contractual agreement between neighbors, which can be used to outline protocols, policies, and mutual rules of respect and safety between the parties.
6 minute read

Daily Business Review

Florida's CRE Market Will Continue to Grapple With Insurance Crisis in the New Year

"We need to get our arms around global warming and the cost of that on the insurance market. We haven't been able to predict it very well. Every year, we just increase rates," Oscar Seikaly, CEO of NSI Insurance Group.
4 minute read

Daily Business Review

Off-Market Deal Signals Boom in Self-Storage Sector Amid Continued Population Influx

As an increasing number of individuals and families flock to South Florida, the demand for housing has soared, triggering a domino effect that's proving advantageous for both the self-storage and multifamily sectors.
3 minute read

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