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Daily Business Review

The Related Group Sued For $13M, Accused of Transferring Assets to Avoid Paying Partners in Condo Development

The real estate developer is accused of fraudulently transferring assets to another entity to avoid paying nearly $13 million to partners.
2 minute read

Daily Business Review

Fleeing 'Record' Rents, Class A Office Tenants are Migrating From Brickell to Downtown Miami

Is the Brickell Avenue address losing its shine?
5 minute read

Daily Business Review

How the Fed's Rate Hikes Could Affect South Florida Real Estate

"If they can have success in taming inflation both with goods and services and with labor. I could actually see a bit of a reprieve on interest rates meaning I think the interest rates could see a slight downturn," said Pat Sheehy, CEO of Hamilton Home Loans in Sunrise.
3 minute read

Daily Business Review

South Florida Building Sells For $84 Million: Buyers Cite Increase in Leisure Travel

"As AKA's offering resonates anew with today's traveler, the city of West Palm Beach, is also experiencing a major renaissance with new development, hotels and restaurants continuing to be on the rise," said AKA president Larry Korman.
3 minute read

Daily Business Review

'The Phone Call You Never Get': How Unconscious Bias Plays Out for Small and Minority-Owned Businesses in Real Estate

"As the founder of a small (for now) law firm during the pandemic, we have had to be creative in terms of showcasing our abilities to potential clients, including those in the construction industry. Many times, the unconscious bias results in the phone call or opportunity you never get," said Isaac Marcushamer, founding partner of DGIM Law in Aventura.
4 minute read

Daily Business Review

'This Would've Been a Horrible Precedent': South Florida Court Reverses Decision in Fight Over Use of Brickell Park

"This would've been a horrible precedent for philanthropists who have deeded property to municipalities over the years with restrictive covenants and would also have a chilling effect going forward on anyone who was going to deed property to a municipality with restrictive covenants," said attorney Scott Kravetz of Duane Morris in Miami, who represents 1000 Brickell Ltd.
4 minute read

Daily Business Review

JLL's Breach-of-Contract Suit Alleges $3.5 Million in Unpaid Invoices for 'Ghost Kitchen' Work

Law firm Shook, Hardy & Bacon filed the suit on behalf of the commercial real estate firm on Tuesday, according to Law.com Radar.
3 minute read

Daily Business Review

Shutts & Bowen Is Relocating to Las Olas in 2023

"The Main provides an ideal live-work-play location for employers like Shutts & Bowen who were looking to upgrade their office environment to help attract and retain top-tier talent," said CBRE's Kevin Probel.
2 minute read

Daily Business Review

Parkinson's Diagnosis Hasn't Hindered Terranova President's Success: 'Outlook Plays a Big Role in How You Feel'

Terranova president Mindy Mcllroy has completed $1 billion in retail leasing deals and was diagnosed with Parkinson's disease in 2014.
5 minute read

Daily Business Review

Million-Dollar Homebuyers in U.S. Getting Cheaper Mortgage Rates

Big mortgages are becoming more important, especially in expensive areas of the country where $1 million is little more than the price of entry.
2 minute read

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