It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to explain how properties are appraised […]
The Great Recession was fueled by bad loans in the real estate market that turned into non-performing loans for many banks. Investors could purchase those non-performing real estate loans directly from banks during those troubled times and those deals were beneficial for the banks because they were able to unload […]
By Lidia Dinkova A Deerfield Beach boat upholstery and cover business is still fighting eviction after an appellate court shot down its claim that the coronavirus pandemic played a role in a day-late rent payment. The Cove & Deerfield Beach LLC, controlled by New York’s Bruscas family, filed the commercial […]
There are many issues to consider when buying or selling commercial real estate (CRE) in Florida. The considerations that buyers and sellers face are sometimes different and these issues may differ by asset class as well. This practice note focuses on general considerations for CRE transactions while noting some specific […]
Through our conversations with South Florida multifamily owners and operators, numerous COVID-19 related themes have emerged. Join us on Wednesday, December 2, 2020 at 2 p.m. EST where we will discuss current and potential issues, provide guidance to help you successfully navigate these challenges, and explain what the immediate and […]
