By Melea VanOstrand | February 13, 2023
Last week, condo owners at the Palm Bay Yacht Club condos in Miami were told they needed to pay $175,000 each for their 40-year recertification.
By Melea VanOstrand | February 3, 2023
"We predict that this trend will continue in the South Florida market as railways become increasingly popular," said Michael Taylor, CEO of Current Builders.
By Melea VanOstrand | January 30, 2023
"I think we created something that is very unique and iconic. It's one of those projects that will be talked about for many years," said Jon Paul Pérez, Related Group's president.
By Melea VanOstrand | January 26, 2023
"With all 450 units at The Crosby sold, this project follows the resounding success of our other ready-to-rent projects," said Nick Perez, Related Group's senior vice president.
By Melea VanOstrand | January 12, 2023
"There's a competition for land in Florida. There's 1,000 people a day moving to Florida. We are the fastest-growing state in the country. And if we want to protect a little bit of what's native, we need to be on it," said Dean Saunders, a Florida expert in land conservation and a land broker.
By Melea VanOstrand | January 9, 2023
"Both of these take away units that could be rented to the public, and it's the shortage of available units that drives rental rates higher," said Ken Johnson, an economist in Florida Atlantic University's College of Business in a press release. "While developers and local governments clearly need to build more units, that's not the only solution to this problem."
By Melea VanOstrand | January 3, 2023
Growing economic uncertainty has allowed the multifamily sector to serve as a vital outlet for young adults as many will opt to rent for longer rather than save for a down payment in 2023.
By Melea VanOstrand | December 30, 2022
With home prices in Miami nearly 10 times the metro's average household income, more new residents are expected to turn to the rental market.
By Melea VanOstrand | December 7, 2022
"It's not black and white. Just because something doesn't pass the smell test doesn't mean there's something wrong," said Alessandra Stivelman of Eisinger Law in Hollywood.
By Melea VanOstrand | November 28, 2022
"Due process is so important," said attorney David Winker. "In some sense, it's highly technical, but when you read the Third DCA opinion, it's so straightforward. The law says this is not discretionary, it's mandatory."
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