By Melea VanOstrand | January 25, 2023
"Wynwood Plaza is poised to be a monumental project anchoring this dynamic community, and we were fortunate to find a lender who recognized the sponsor's unique vision and capabilities to execute it," said managing director Scott Wadler of Berkadia South Florida.
Daily Business Review | Analysis
By Melea VanOstrand | January 24, 2023
"As a result, developers really in the last five years have been capitalizing on the demand of people wanting to live there, and the projects are getting approved and finally getting out of the ground—that has been the vision of Hollywood for years," said attorney Keith Poliakoff of Government Law Group.
By Melea VanOstrand | January 23, 2023
The lack of developable land in Broward and South Palm Beach will draw more developers to Palm Beach County, and a healthy development pipeline is expected to continue.
By Melea VanOstrand | January 20, 2023
"Everything is in place to make this a truly once-in-a-generation project, from the site to the team, to the general scarcity of newly constructed high-end supply in this neighborhood," said Related President Jon Paul Pérez.
By Melea VanOstrand | January 19, 2023
"We are looking forward to utilizing this building as Randall Realty Group's east coast headquarters as we expand our portfolio in Palm Beach and South Florida," said Jordan Randall, managing director at Randall Realty Group.
By Melea VanOstrand | January 18, 2023
"We are incredibly bullish on South Florida," said Anthony O'Brien, a senior managing director of Jesta, in a press release. "As we develop this landmark project we will continue to grow our portfolio of world-class assets in this tremendous market."
By Melea VanOstrand | January 17, 2023
"What changed for many of them now is that they're getting into these peak homebuying years, and I think that will mean that if they're ready to buy a home, then they're likely to do so this year," said Josip Rupena, founder and CEO of Milo.
By Melea VanOstrand | January 13, 2023
"Today's climate is definitely challenging, but I think it forces creativity," Ryan Shear, managing partner of PMG and developer of Society Living, social apartment communities in various cities.
By Melea VanOstrand | January 11, 2023
A Q4 Miami-Dade office market report by Marcus & Millichap says big-name employers are gravitating towards buildings that are amenity-rich in Brickell and Miami Beach, where office availability in the summer of 2022 was below levels reported at the beginning of the COVID-19 pandemic.
By Melea VanOstrand | January 10, 2023
"When school is out, that's when the demand is there. People don't like moving their kids until school is out or summer vacation," said Justin Giles, a real estate investor and hedge fund manager. "I anticipate that somewhere around the spring or summer, you may see interest rates die down a little bit so the government can prepare for the higher demand so that they can stimulate the economy a little bit."
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