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Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
April 11, 2023 | Daily Business Review
"The association is doing what it has to do, not only for Florida law, but also to make its building safe and to make the board of directors discharge their fiduciary duty to all of the condominium residents," said Steven Davis of Haber Law in Miami.
By Melea VanOstrand
5 minute read
April 7, 2023 | Daily Business Review
"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
4 minute read
April 3, 2023 | Daily Business Review
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
4 minute read
March 30, 2023 | Daily Business Review
"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
5 minute read
March 29, 2023 | Daily Business Review
"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
5 minute read
March 23, 2023 | Daily Business Review
"Not very many deals can stomach the increased finance, insurance, and construction costs and still be economically viable," said A. David Lynd, CEO of The Lynd Group. "I think we will see more deals put on hold until things turn around a bit and the costs come down."
By Melea VanOstrand
4 minute read
March 22, 2023 | Daily Business Review
"The community not only engages members with programming but encourages them to craft their own days and explore new passions and friendships. This freedom, we believe, is the key to an invigorating life," said David Barnes, president of Watermark Retirement Communities.
By Melea VanOstrand
3 minute read
March 21, 2023 | Daily Business Review
"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
5 minute read
March 17, 2023 | Daily Business Review
"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
2 minute read
March 16, 2023 | Daily Business Review
"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
5 minute read
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