2022 FL Expo Seminar: 2023 Legal Update Sponsored by: Becker

By Cooperator Studio 19 December 2022 Seminars

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News

2/9/2024 Florida lawmakers look at expanding My Safe Florida Home program to condos—WPTV News

Florida lawmakers are considering expanding a program that aids homeowners with state grants to make wind mitigation repairs.
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2/9/2024 Gallagher Targets Florida Condo Market with Acquisition of John Galt Agency—Insurance Journal

Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release.
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2/9/2024 Florida condo policies could exit Citizens Property Insurance Corp.—CBS News

Florida regulators last week approved a plan that could lead to condominium-association policies leaving the state's Citizens Property Insurance Corp.
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2/9/2024 Banco Inbursa Supplies $95M Construction Loan on Miami Worldcenter Condo Project—Commercial Observer

A joint venture between South Florida developers Merrimac Ventures and Aria Development Group has nabbed $95 million of construction financing to build a 32-story condominium tower in Downtown Miami, Commercial Observer has learned.
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1/30/2024 Condo owners plead with city to stop demolition of building—WSVN News

For more than two years, some Coral Springs condo owners have been trying to stop the city from tearing down their building.
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1/30/2024 FIU offers certificate program for condo board members, owners—CBS News Miami

The self-paced certificate program for condo board members and owners is offered by Florida International University and is taught by veteran condominium board president and professional condominium association manager Patrick Hohman.
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1/22/2024 Construction lending swells in South Florida, bucking the national trend. Here’s why—Yahoo! Finance

South Florida developers scored a surge of more than $1.2 billion in construction loans in recent weeks, in stark contrast to other top regions across the country.
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1/22/2024 Woman spots crocodile sunbathing at condo complex in Fort Lauderdale—WSVN News

A resident at a condo complex in Fort Lauderdale spotted a crocodile sunbathing on a dock.
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1/22/2024 $24.5M construction loan secured for Visions at Brickell Station project—Miami's Community Newspaper

Miami-based developer Urban Network Capital Group (UNCG), in partnership with Vertical Developments, recently announced the securement of a $24.5 million construction loan from Rok Lending for the development of Visions at Brickell Station.
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1/22/2024 MREAM Buys Oceanfront Surfside Building for New Condo—Commercial Observer

South Florida developer Multiplan Real Estate Asset Management (MREAM) paid $64 million for an oceanfront residential building in Surfside, Fla., with plans to build a luxury condo development, the buyer announced.
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1/18/2024 Lawmakers Mull Major Changes To Landmark Live Local Act—Bisnow

Proposed changes to Florida's Live Local Act, which changed the landscape for housing development in the Sunshine State, are under consideration in the state legislature that would smooth out ambiguities in the law that have been used to push back on proposals.
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1/12/2024 South Florida home listings grow as prices stabilize—South Florida Agent Magazine

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.
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1/12/2024 Chip Abele, partners win approval for waterfront Fort Lauderdale condo project—The Real Deal

GCF Development and its partners won Fort Lauderdale approval to build Ocean Harbor, a 20-story, 36-unit condominium along the Intracoastal Waterway.
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1/12/2024 Burst pipe at Miami Beach condo triggers more than flooding—CBS News Miami

Only one of four elevators is operational at the Burleigh House Condominium on Miami Beach after a pipe burst over the weekend, causing more than flooding on the third floor of the building.
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1/4/2024 Caroline Wozniacki and David Lee Want $42.5 Million for Miami-Area Penthouse—The Wall Street Journal

Tennis star Caroline Wozniacki and her husband, former New York Knicks player David Lee, are listing their Miami-area penthouse for $42.5 million.
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1/4/2024 Bank OZK Provide $259M to Build Ritz-Carlton Condo in Pompano Beach—Commercial Observer

Fortune International Group and Oak Capital scored a $259 million construction loan from Bank OZK for their Ritz-Carlton-branded condo development in Pompano Beach, Fla., the joint venture announced.
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1/4/2024 Miami-Dade County Mid-Market Condominium Sales Rise Again—Yahoo! Finance

Miami-Dade County mid-market condominium sales rose again as the high-demand, low-supply South Florida real estate market prepares for a robust 2024 with mortgage rates finally on the decline, according to November 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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1/4/2024 Condos would be eligible for home hardening grants if Legislature agrees—South Florida Sun Sentinel

Since Florida began making thousands of dollars available to single-family homeowners for storm-hardening improvements, condominium owners have wondered why they were left out.
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1/4/2024 Century Village Boca Raton Sues Dead Woman Over Unpaid Fees—Boca News Now

A condominium association within Century Village Boca Raton is suing a dead woman over unpaid fees.
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12/11/2023 $150M Penthouse Planned At Raleigh’s New Condo Tower—The Next Miami

A penthouse planned at a new condo tower next to the Raleigh in South Beach could become the most expensive residential property in Miami history, according to Bloomberg.
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