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Daily Business Review

Developer Lissette Calderon Sets Sights on Miami's Budding Allapattah Neighborhood

Calderon bagged a $24 million construction loan for a 14-story apartment tower with help from mortgage broker Berkadia.
4 minute read

The Legal Intelligencer

Special Section: Construction Law

In the Legal's Construction Law supplement, read about changes to the arbitration act, what to do when construction results in a catastrophic loss and how to handle foreign construction compliance risks.
3 minute read

New Jersey Law Journal

Hovnanian's Indemnity Action Against Architect Fails in $10M Hudson County Condo Case

The developer of a Hudson County property that fell short of local fire code has failed in its effort to have the project's architect indemnify it following a multimillion-dollar jury verdict awarded to unit owners two years ago.
5 minute read

Insurance Coverage Law Center

Greenwich Ins. Co. v. Capsco Indus.

The Fifth Circuit has ruled that a subcontractor was not entitled to insurance coverage for its obligation to a company with which it had contracted for…
11 minute read

Daily Business Review

QPay CEO Ami Shashoua Sells Miami Beach Mansion for $23.85 Million

The 13-bedroom mansion at 6360 N. Bay Road in North Beach sold for 25% less than the asking price.
2 minute read

Daily Business Review

Miami's Terra Group Bags $91 Million Refinancing for Pembroke Pines Project

The Pines Garden multifamily community is part of a sprawling, master-planned community that includes two other rental projects and 300,000 square feet of retail.
5 minute read

New York Law Journal

Court Allays Tensions in Underpinning Dispute

Despite the strict liability imposed on a developer, until recently Appellate Division precedent indicated that a statute commonly used to compel licensed access to neighboring properties could not be used to compel a neighbor’s consent to underpinning. A new dispute has prompted the Supreme Court to give a much-needed fresh, new look at the case law and relevant statutory and regulatory framework. But whether this new Supreme Court decision serves as a victory for every developer is now a new question.
12 minute read

Daily Business Review

Arsenic, Lead, Other Pollutants Found at New Miami Civil Courthouse Site

The pollutants, which are present above accepted levels, won't deter the new courthouse but could push costs up and push back completion.
5 minute read

Daily Business Review

56-Story Office Tower in Miami's Brickell District Gets $300M Construction Loan

This likely is the biggest office construction loan to ever close for a Brickell project.
4 minute read

Daily Business Review

Apartment Tower Scores $70 Million to Rise in Miami Growth Area

The Esplanade apartment building will open next year in unincorporated Miami-Dade County north of Miami Shores and east of Biscayne Park, an area posed for growth and development.
4 minute read

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