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Daily Business Review

This $300M Plywood Safety Dispute Could 'Send Shockwaves' Through Construction Market

"If the plaintiffs are successful at trial, this case will send shockwaves through an already volatile lumber market that has seen a 200% rise in prices since 2021," one construction law expert said.
5 minute read

Daily Business Review

As Florida Lawmakers Fail to Agree on Condo Safety After Surfside, 'the Free Market Is Acting'

"Since the legislature did not act, the free market is acting."
6 minute read

Daily Business Review

'See You in the Hallway': Underwhelming Attendance Has Some South Florida Law Firms Rethinking Office Return Strategies

"You've got to be in the office, you've got to be talking to each other, we've got to be human beings again. We've got to remember what it's like to be colleagues again," Luis Flores, Miami office managing partner for Saul Ewing Arnstein & Lehr.
7 minute read

Daily Business Review

Coral Gables Company Plans Mixed-Use Project for $5.5 Million Property

The sale price reflects a 470% increase in property value, as Limestone Asset Management bought the property eight years ago for $960,000.
2 minute read

Daily Business Review

Investors Capitalizing on South Florida's Growth With New Deals

"Avid recognized an opportunity to capitalize on this growth with a rare value-add opportunity at this in-fill location at 1601 Hill Ave.," said Dominic Montazemi, executive managing director at Cushman & Wakefield.
3 minute read

Daily Business Review

Major Insurance Company Signs 830 Brickell Lease

About 46% of Miami-Dade County's registered investment advisors are along a one-mile stretch of Brickell Avenue, in what Ryan Holtzman in Cushman & Wakefield's Miami office says cement the boulevard's brand as "Wall Street of the South."
2 minute read

Daily Business Review

Don't Freak Out About Fed's Interest Rate Hike, South Florida RE Lender Says

"It's going to take five years minimum for builders to get level of building completed in order to get us closer to an equilibrium of supply and demand," according to Pat Sheehy, CEO of Hamilton Home Loans in Sunrise.
4 minute read

Daily Business Review

Potential Pitfalls to Avoid With Restrictive Clauses in Outparcel Sales, Developments for CRE Owners

The growth of online shopping and curbside pickup at major big-box retailers and grocery chains has diminished the need for vast parking fields for in-store shoppers, and property owners are trying to tap into the growing appeal of mixed-use sites that provide a live, work and play experience.
5 minute read

Daily Business Review

'South Miami Needs More Density': This Plot of Land Has Increased in Value by $18 Million Since 2015

"South Miami needs more density since a lot of people are moving to the area," said Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. "Townhomes and condos are a good alternative to houses in the area which are expensive now."
2 minute read

Daily Business Review

Leasing Demand Is Up as Retailers, Restaurants Are 'Choosing Lincoln Road'

With over 7.8 million visits from tourists and locals, Lincoln Road has surpassed other popular locations, such as Brickell City Centre, the Wynwood Arts District and the Miami Design District.
2 minute read

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