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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

South Florida Ruling Puts Spotlight on Key Misstep in Seeking Attorney Fees

A jury convicted the buyer of criminal charges over the real estate transaction, but the seller failed to provide sufficient evidence to support her award of attorney fees.
5 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

Daily Business Review

Becker & Poliakoff's Insurer Denying $10M Coverage Over Champlain Towers South Legal Work

The firm has acted as Champlain Towers South's adviser and general counsel for both day-to-day and larger legal issues since 1993.
3 minute read

Daily Business Review

Aviation Company Signs 830 Brickell Lease, Joining Microsoft, CI Financial as Capital Migration Soars

"Over time, we will begin to see larger tenant requirements and that will lead to leases in the neighborhood of 100,000-200,000 square feet. Tenants that size will fuel investor confidence that spurs new development," said Ryan Holtzman of Cushman & Wakefield.
4 minute read

Daily Business Review

$60 Million Loan Approved for Miami Beach Mixed-Use Building

"We've seen significant interest from some of the most desirable and prosperous buyers and tenants in the country, who are looking at Eighteen Sunset from both a residential perspective and as a 'live-work' opportunity in the heart of one of South Florida's most desirable districts," said Deco Capital Group founder Bradley Colmer.
2 minute read

Daily Business Review

Miami Attorney Leads Deal Between Rihanna's Lingerie Brand and Tech Company

"This complex deal had a tight timeline and multiple moving parts, which made it critical for our legal team to work strategically and efficiently across multiple offices to ensure FIT:MATCH could be ready for the January launch," said Danielle Garno, an attorney in Reed Smith's global Entertainment and Media Industry Group.
3 minute read

Daily Business Review

Miami Developer Harvey Hernandez Must Pay $430K After Failing to Pay Settlement to Former Partner

"For whatever reason, he did not pay that amount and because he did not pay that amount, there was a liquidated damage provision which required him to pay an extra $275,000. He owed $250,000, plus an extra $275,000, plus interest for the month of December to January, so he owed another $6000," said attorney Jason Goldman, who represents the plaintiff.
4 minute read

Daily Business Review

Suit Dismissed as Developers Fight Over Collins Ave. Hotel After Pandemic Closure

"Our client is the true victim here, and now he's trying to make things right. Fortunately, the courts are seeing that, and the results are coming in, in our client's favor," said Todd Levine, who represents the defendant.
5 minute read

Daily Business Review

Another Surfside Tragedy in the Making? Condo Owners Say Crumbling Seawall Has Them Scared For Their Safety

A 2019 report from Miami engineering firm GFA International said the seawall was "deteriorating without any efforts on the part of [the owner of the common areas] to complete the project or maintain the area."
4 minute read

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