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Daily Business Review

What's Ahead for South Florida Commercial Real Estate? Professionals Weigh In

"Leisure travel and special events continue to drive great demand for hotel, food and beverage, and entertainment options across South Florida, thanks in part to more flexible work options," said Suzanne Amaducci-Adams, a partner and head of real estate at Bilzin Sumberg.
4 minute read

Daily Business Review

$16.3M Jury Verdict More Than Just a Win for Unit Owners, Attorney Says

"Fortunately for us, we had a very smart, attentive, and perceptive jury that understood the issues that were very complicated, because we were able to simplify them, and ultimately they were able to arrive at a decision that was not only a right and fair decision but a decision that was based upon the evidence," said attorney Stevan Pardo of Pardo Jackson Gainsburg.
4 minute read

Daily Business Review

Fort Lauderdale's Largest Class A Office Development 100% Leased as Flight-to-Quality Increases

"Over the last year, flight-to-quality remained at the forefront of all major office moves, and the uptick of new-to-market demand translated into the stellar performance of new office developments and top-tier existing Class A office space," said Danet Linares, executive vice chairman of Blanca Commercial Real Estate.
3 minute read

Daily Business Review

Edgewater Poised to Become the Hot Place to Live

Two Roads Development is working on its third development in the market, and OKO Group and Cain International are developing Missoni Baia, a 57-story, 146-unit luxury residential tower at 700 NE 26th Terrace in East Edgewater.
4 minute read

Daily Business Review

'They Have the Vision': Miami Draws in Design-Oriented Commercial Tenants Amid High-End Housing Demand

"Pre-pandemic it was regional tenants that were coming. Now, we're seeing national and international tenants lease space," Emilia Howard of Gridline Properties said. "They're coming from all areas, and it accelerated after the pandemic."
2 minute read

Daily Business Review

Brickell's First High-Rise Tower Partially Powered by the Sun in High Demand as Consumers Snatch Up Luxury Residences

"Buyers are gravitating toward developments that offer vast amenity spaces they do not have to share with hotel guests that feature a wide variety of high-end amenities, such as expansive wine lounges, immersive wellness spaces equipped with highly personalized concierge services, and family-friendly common areas for all to enjoy," said Yamal Yidios CEO of Miami-based YTech.
3 minute read

Daily Business Review

How the FTX Collapse Is Affecting South Florida Real Estate Transactions and Investments

"Real estate investors can hardly expect high returns on real estate investments, so we've provided them an option that without immediate payment, they can help secure large stakes in cryptocurrency, in Unicoin to be specific," said Alex Konanykhin, CEO and founder of Unicoin.
5 minute read

Daily Business Review

KW Property Management & Consulting Expands as Proptech Fuels Mergers & Acquisitions

"There's a multitude of different technologies that are being offered to associations to enhance and assist where there's a shortage of labor," said Regan Marock of AKAM, a property management company.
4 minute read

Daily Business Review

Report: Miami Has the Third Most Live-Work-Play Developments in the Nation

"While the construction of such developments in the city was sparse before the pandemic, the 2022 peak and the four buildings that are already approved for 2023 show a rising interest in this kind of real estate," said Laura Pop-Badiu, of CoworkingCafe.
4 minute read

Daily Business Review

Concord Summit Capital Arranges $76.5M Construction Loan as Multifamily Demand Grows in Broward County

"Royal Palms is a dynamic and talented development company that we are proud to provide capital markets services to," managing director Kevin O'Grady of Concord Summit Capital said in a press release. "This is our second loan closed with them this year and we hope to provide many more."
2 minute read

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