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Saul Ewing attorneys, Sean O’Neill and Michael Gold , discuss new ESG regulations in connection with the Real Estate industry and Real Estate Investment Trusts (REITs). New regulations from the U.S. Department of Labor and proposed regulations from the Securities & Exchange Commission have created...
Commercial Real Estate Sellers Are Feeling the Pressure of Rising Interest Rates Some deals are falling through because the cost of borrowing is making some projects economically unfeasible. As interest rates continue to skyrocket, that’s putting pressure on sellers of commercial real estate...
Developers Secure $83 Million Construction Loan For 25-Story Mixed-Use Project In Downtown Hollywood Attorneys Luis Flores, Michael Denberg and Sophia Rub of Saul Ewing represented the developer in closing the transaction. “We are proud to be part of a development team that is focused on bringing...
BTI and Bridge Investment Nab $83M For Downtown Hollywood Rental BY JULIA ECHIKSON BTI Partners and Bridge Investment Group secured $83 million for a rental project on the site of the former Bread Building in Downtown Hollywood, Fla. — part of a $500 million mixed-use development — the developers...
Developers are turning decades-old flea markets into big projects across the tri-county area. By Erik Bojnansky – Reporter, South Florida Business Journal
Building Boom in Miami’s Brickell Bucks National Bust BY MIKE SEEMUTH Edgardo Defortuna has millions of reasons to believe in Brickell, a bustling urban area just south of Downtown Miami. His company acquired 81 Brickell-area condominiums in a bulk purchase from Swire Properties in May, and by late...
A Pool and Gym Won't Cut It: Developers Are Upping Their Game on Amenities to Stay Competitive in South Florida “We’ve never seen this influx of need for alcohol licensing," one hospitality attorney said.
Forest Development, Royal Palm Companies Close $269M Build Loan for Mixed-Use in Lake Park By: Lisa McDuffie Boca Raton, FL-based Forest Development has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a mixed-use development comprised of 330 condominium residences...
Forest Development and RPC Land $270M For Luxury Condo Near West Palm BY JULIA ECHIKSON Forest Development and Dan Kodsi’s Royal Palm Companies scored one of South Florida’s largest construction loans this year, $269 million, for a luxury condo project north of West Palm Beach, Fla. The waterfront...