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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

Daily Business Review

How Climate Change Could Shift Real Estate Demand

Investors must begin to prepare for the possibility of societal and economic disruption fueled by this dimension of climate risk.
3 minute read

Daily Business Review

Miami Warehouse Sells as 'Final Mile' Space Becomes Increasingly Coveted

"Our network of well-located final mile warehouses in strong markets, like the Miami region, are what set us apart from the competition and enable us to deliver value and continually meet the needs of both our customers and suppliers," said Stephen Panos, Realterm senior vice president and fund manager.
2 minute read

Daily Business Review

Florida 1 of the Most Overvalued Housing Markets in US

A study from Florida Atlantic University and Florida International University says 11 out of 33 most inflated come from the two states.
2 minute read

Daily Business Review

South Florida Real Estate Transactions Like 'Adult Game of Monopoly,' But the Economy Is Giving Investors Pause

"Supply interruptions are causing everything to go up," said Terranova Corp. chairman Stephen Bittel.
4 minute read

Daily Business Review

'The Capital of Capital?' How Miami Mayor Francis Suarez Is Influencing Downtown's Development

Miami is now No. 1 in the country for tech job growth and migration, according to Miami Mayor Francis Suarez, who said, "Whether we like it or not, our economy is becoming more tech based."
3 minute read

Daily Business Review

Lawmakers Seek Inspections After Condo Collapse

Before the Champlain Towers collapse, building owners and property managers in Broward and Miami-Dade counties faced a recertification process when buildings approached their 40th anniversaries.
4 minute read

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