Daily Business Review | Commentary
By Eric Olsen | February 9, 2024
Wetland impacts from land development in Florida are regulated via state and federal environmental permitting programs. To permit unavoidable wetland impacts, the regulatory agencies require lost wetland functions to be made up or mitigated by creating or enhancing wetlands somewhere else.
By Melea VanOstrand | September 11, 2023
With a robust pipeline of impending transactions and a growing belief in economic recovery, the sector is showing signs of optimism, suggesting a potential resurgence despite ongoing challenges.
By Melea VanOstrand | September 11, 2023
The challenges facing hotel owners with maturing debt as well as hotel investors and developers are significant. However, they are increasingly getting creative and finding alternative financing solutions.
By Melea VanOstrand | September 11, 2023
Three trends in the office market highlight how office landlords, tenants and investors are embracing change to capitalize on Office 2.0 reimagined.
Daily Business Review | Analysis
By Melea VanOstrand | April 24, 2023
"There's a pent-up demand for handmade, local, fresh styles and designers that may not have stores but only can be found in these markets," said Andy Hellinger, co-principal of Urban-X Group, the developer behind River Landing.
By Melea VanOstrand | April 24, 2023
"You have these different areas where large-scale, modern warehouses are just not practical to use a theme for some of these users, however, the space works very well when you have a small business that's trying to just start out and they need a little bit of retail or business space," said Louis Archambault of Saul Ewing Arnstein & Lehr in Miami.
By Melea VanOstrand | April 24, 2023
"All of their sales, even the Old Navy and Gap, are showing signs of increased sales," said Andy Hellinger, Co-Principal of Urban-X Group, the developer behind River Landing. "We're seeing other retailers that want to be around them, especially in the service sector."
Daily Business Review | Analysis
By Melea VanOstrand | February 13, 2023
"Their credit could be deteriorating as we see a lot of people in the tech and financial services sectors laying people off," Suzanne Amaducci-Adams, head of Bilzin Sumberg's real estate practice, said. "When you lay people off ... it means you're concerned about finances and you're cutting costs, and when you're cutting costs, does that mean you're also going to cut office space?"
Daily Business Review | Analysis
By Melea VanOstrand | February 13, 2023
"There's over a million square feet of space currently that has been leased that is currently under construction and being built out right now," said Brian Gale, vice chairman of Cushman & Wakefield. "Where the tenants haven't even taken occupancy of that space, there's a whole other wave of people that are coming down who are going to be filling up those offices."
By Melea VanOstrand | February 13, 2023
"The overall economy definitely impacts us and is a challenge for us moving forward. But, South Florida has proven to be differentiated from a lot of other markets across the country," said Steven Hurwitz, managing director at JLL.
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