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Daily Business Review

In Real Estate Negotiations, Prestige and Data Points Matter

By marketing to the right people with the right messaging, hospitality companies, residential developers and famous brands working with resort-rental companies can all profit.
6 minute read

Daily Business Review

It's Time to Reimagine Wellness Amenities in the Office, CEO Says

"It helps with tenant retention, and to bring employees back to the office. We elevate their productivity overall, their enjoyment, there's a long list of what we can provide to the employees," said Gil Blutrich, founder and CEO of Clear Spaces. "I think this is the future. Period.'
3 minute read

Daily Business Review

Investors and Landlords Continue to Look For Opportunities In South Florida's Industrial Market

According to JLL's report, quarterly rent growth has softened with quarter-over-quarter rent growth at 4%. Year-over-year rent growth is double what asking rates were a year ago at 45%.
3 minute read

Daily Business Review

If Proposed Bill Bringing Federal Works Back to the Office Passes, Could South Florida See Another Office Boom?

"It can only be positive. The Act is a good way for the federal government to lead by example and encourage companies to call employees back to physical office space," said Scott Sherman, founder and principal of Torose Equities.
4 minute read

Daily Business Review

Report: Lack of Quality Office Space, Not Demand, Decreases Leasing in Palm Beach County

TCRE, a full-service commercial real estate brokerage in South Florida, has been named the exclusive leasing agent for 500 S. Australian, a 102,087-square-foot, 10-story Class A office building located off Clear Lake in West Palm Beach. It's 92% leased.
3 minute read

Daily Business Review

Report: As Renters Stay Longer, Multifamily Investors Turn to Fort Lauderdale's Growing Market

According to Marcus & Millichap's 2023 Multimedia National Investment Forecast, a broad-based housing shortage is also bolstering the multifamily sector's long-term prospects.
3 minute read

Daily Business Review

Commercial Property Owners Brace For Higher Insurance Costs. What's The Solution? Experts Weigh In

"In this calendar year specifically, the increases are at 50% on average, and also difficult for larger projects to even get the capacity, meaning enough insurance limits to cover the building or project," said Jim McCue, COO of NSI Insurance Group in Miami Lakes.
6 minute read

Daily Business Review

New-to-Market Companies Continue Establishing Footprints in Miami

"The pandemic-era corporate migration to South Florida continues to take shape, as our region's office sector keeps outperforming other major U.S. metropolitan areas. Relocation demand is still incredibly high as we begin 2023," said Dustin Ballard, president and head of leasing at Tricera.
3 minute read

Daily Business Review

Clara Homes Secures $26M Construction Loan for Rental Community in Bay Harbor as Luxury Developments Boom

Clara Bay Harbor's first building is expected to break ground this March, with completion anticipated in early to mid-2024.
3 minute read

Daily Business Review

Virginia Key Marina Proposal Could go to ballot in November After Eleventh Circuit Ruling

"The courts are open, and the court will apply laws that are to some extent favorable to cities, but ultimately, if you've got a strong case, don't be afraid to have your day in court," said attorney Kendall Coffey, of Coffey Burlington.
4 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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