By Melea VanOstrand | April 7, 2023
"When the workforce is diminished and you don't have enough people to work on these projects, then that opens to door to more potential issues and even more litigation because you're going to see contractors and subcontractors having to compensate," said construction lawyer Jordan Nadel of Miami-based law firm Mark Migdal & Hayden.
By Melea VanOstrand | April 3, 2023
Now our focus is on liquidity and not what this thing is worth but what you can sell it for in a reasonable amount of time," said Tom Noble, senior vice president, and COO of Archway Capital.
By Melea VanOstrand | March 30, 2023
"We have to think about how you can monetize space more effectively, less dead space," said Vincent Korta, COO and CFO of 2B Living.
By Melea VanOstrand | March 29, 2023
"Establish relationships with everyone. With your banker, general contractors, and your consultants in general," said Nestor Mejia, president of construction and development at SHOMA Group. "Try to be adaptable to different situations."
By Melea VanOstrand | March 21, 2023
"We expect an onslaught of similar litigation in light of tighter statewide restrictions governing associations, their finances, and the need for repairs. This added layer of scrutiny is likely to reveal other instances of fraud," said Kluger Kaplan's Steve Silverman.
By Melea VanOstrand | March 17, 2023
"Miami Beach rental housing is experiencing strong demand on the back of more individuals and companies relocating to the region, drawn to the state's business-friendly environment and desirable lifestyle," said Camilo Miguel Jr., founder and CEO of Mast Capital.
By Melea VanOstrand | March 16, 2023
"It takes a while and you have to be patient, but if you want to buy quality, you have to be committed to the transaction and remind the community you have to be committed to it," said Camilo Miguel Jr., CEO and founder of Mast Capital.
By Melea VanOstrand | March 3, 2023
"Our ability to secure favorable financing for Residences in the Grove speaks to the growing demand for residential product in the thriving Coconut Grove district, which is home to walkable streets, top-tier schools and some of Miami's most exciting retail and dining destinations," said David Martin, CEO of Terra.
By Melea VanOstrand | March 1, 2023
"It's about the money. They don't want their valuable real estate taken off the tax rolls, and so that's what this is all about," said attorney Franklin Zemel of Saul Ewing in Fort Lauderdale.
By Melea VanOstrand | February 14, 2023
It's a first in the state, as developers usually only allow third-party rentals for three months or up to 189 days.
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