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Daily Business Review

'Untested Territory': As Hospitality Sector Recovers, Reed Smith's Miami Team Secures $18 Million Hotel Financing

"There are lenders out there who aren't doing hotel financing right now, and certainly not hotel construction, but I think smart lenders are taking advantage of high real estate values, and low-interest rates," said Reed Smith partner Jonathan Kurry. "It's a little bit of unknown territory or untested territory."
4 minute read

Daily Business Review

As South Florida's Office Market Transforms, Can Other Industries Keep Up?

"We have projects that are working around the clock, which is a very difficult task in this market," said A.J. Mueller of ORIGIN Construction, who noted the subcontractor market is "really at capacity."
6 minute read

Daily Business Review

'It Seems to Have Worked': South Florida Law Firms Are Saving on Office Space as COVID-19 Encourages Flexibility

"The landscape is changing so quickly on a constant basis, that both landlords and tenants are taking the approach of 'wait and see what happens,'" said attorney Marko Cerenko of Kluger Kaplan in Miami.
7 minute read

Daily Business Review

Strong Leasing Activity Will Drive More Development to South Florida

Strong leasing activity will drive more development in Miami's office market, particularly Wynwood.
3 minute read

Daily Business Review

Bilzin Sumberg Guides $2.5 Billion Merger as Marina Industry Booms

"The relationship and understanding the buyer team, the way they think, the way they do business, and being able to put into perspective as to what they had done on other deals, it just makes a big difference," said Suzanne Amaducci-Adams of Bilzin Sumberg.
4 minute read

Daily Business Review

National Supermarket Chain 1 of 'Key Building Blocks' in Vision for Miami's Grove Central

"A grocery store is one of the key building blocks in bringing the concept of this transit-oriented development to life," said Peter LaPointe, president of Grass River Property.
2 minute read

Daily Business Review

Fort Lauderdale's First 5-Star Development Sets Price-Per-Square Foot Record

"Fort Partners has always recognized the potential that Fort Lauderdale held," Nadim Ashi, Founder, and CEO of Fort Partners said in a press release. "I am proud of the talent that we assembled to provide exceptional exclusivity, design, and service in a city that was ready to be reimagined as a luxury oceanfront destination."
2 minute read

Daily Business Review

Walgreens Breaks Its Own Record With Miami Shores Sale

The property at 9020 Biscayne Blvd. is on 1.07 acres at the intersection of Northeast Sixth Avenue.
1 minute read

Daily Business Review

Prices Are Surging in South Florida as Developers Grapple With Land Constraints

"Demand in the investor market continues to be competitive and shows no sign of slowing down," said Kleiner. "South Florida's attractive but limited inventory and demand for newcomers continues to make for a robust rental market."
3 minute read

Daily Business Review

As Condo Safety Legislation Moves Forward, Community Associations Institute Weighs In

"While we are only one month into 2022, Florida, Hawaii, Illinois, New Jersey and Virginia have legislative proposals related to condominium and/or housing cooperative building inspections. Florida, Illinois, Maryland, and Virginia have legislative proposals related to mandatory reserve studies," the organization wrote in a press release.
2 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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