Miami-based apartment developer Estate Investments recently obtained a $51.35 million construction loan to proceed with Soleste Alameda, a two-building, 306-unit residential development. Of the $51.35 million, $46.7 million will be financed by Arkansas-based Centennial Bank. Becker shareholders Hugo Alvarez, Michael Boutzoukas, and David Blattner represented Centennial in the deal. Hugo, who acted as the bridge […]
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Phil Rosen on Growth Fueled by Brightline – Should You Get On Board?
Richard Branson’s Virgin Group is now a minority owner of Brightline. If you thought the new regional train service was already heating up South Florida’s business environment, just wait. Branson’s demonstrated track record means Brightline’s business model just went into hyperdrive for business owners, investors, and developers. Hyperdrive is Branson’s M.O, so buckle up. The […]
Read MoreJennifer Bales Drake Joins Board of Directors of “Business for the Arts of Broward”
Jennifer Bales Drake, Shareholder and Vice Chair of Becker’s Public, Private Partnerships Group, has joined the Board of Directors of “Business for the Arts of Broward.” The non-profit organization is committed to engaging businesses and business leaders to advocate and educate about the importance of arts and culture in Broward County. In addition, she holds […]
Read MoreJon Polenberg Elected to Board of Directors of Gilda’s Club South Florida
Business Litigation Shareholder Jon Polenberg has been elected to the Board of Directors of Gilda’s Club South Florida. The non-profit organization is an affiliate of the Cancer Support Community, and was founded in honor of actress Gilda Radner. Gilda’s Club is dedicated to providing support, education, and hope to all people impacted by cancer and […]
Read MoreCoastline Management, Tower Capital Buy Miami Gardens Apartments for $33M
A joint venture between Coastline Management and Tower Capital Group paid $33.2 million for an apartment complex in Miami Gardens. EB Real Estate Group, an investment firm in New York, sold the 234-unit Park Plaza Apartments for about $142,000 per unit, according to a press release. Berkadia’s Tal Frydman, Yoav Yuhjtman and Nicholas Perrone represented […]
Read MoreLaw360 Highlights New Partner Trio in Florida Offices
In an October 4th article titled “Becker & Poliakoff Lands Partner Trio In Fla. Offices,” Law360 took note of Becker’s continued, fast-paced growth in key practice areas including real estate, community associations, development, zoning and land use, as well as business litigation. The story reported that David K. Blattner, […]
Read MoreWhen Does the Buyer Get the Keys After Closing on a House?
A home buyer called me for advice regarding access to the home after “closing”. Apparently the closing had been scheduled for 6 pm on the Friday before a long holiday weekend. The buyer explained that he had been living in his RV for the past two weeks as he was re-locating from the Midwest. He […]
Read MoreDo You Know if Your Employees are Using Medical Marijuana?
It is no surprise various clients have recently indicated uncertainty on how to handle the use of medical marijuana by their employees. As an employer, do you know how the applicable laws apply to your company due to medical marijuana being legalized in Florida? Now that Florida law permits the use of medical marijuana, an […]
Read MoreBenefits of Having a Real Estate Attorney Review a Commercial Lease
Unlike when you buy or sell real estate, which is essentially like a brief courtship with the other side before moving on, a commercial lease is more like a marriage. In most instances, you will be “together” at least 5 years, and in many cases, 10 to 20 years. Over the life of the lease, […]
Read MoreA Gift for Newlyweds
Prior to July, 2018, if a newly married individual wanted to add their spouse to the title of his or her home, the individual would need to sign and record a deed granting title from the individual to the married couple. Recording that deed requires the payment of a documentary stamp tax if the property […]
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