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

By Cooperator Studio 19 December 2022 Seminars

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9/11/2024 Threat of being priced out on South Florida condo owners' minds - CBS

South Florida condo owners face escalating costs due to rising assessments and fees, pushing some to move away; legislators aim to address these challenges, focusing on safety and insurance reforms.
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9/9/2024 ‘We need help': Condo owner urges state leaders to take action - NBC Miami

Being able to walk outside and enjoy the ocean is a big reason why Marianne Meischeid bought her Surfside condo in 2002. “I take walks every day,” she said, adding she always knew she wanted to enjoy retirement in South Florida. “This was the plan 22 years ago.”
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9/6/2024 Scaffolding partially collapses at oceanfront Miami Beach condo building, killing one - Real Deal

A partial collapse of scaffolding at an oceanfront condo building in Miami Beach killed one person and injured another on Tuesday afternoon.
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9/4/2024 Experts warn Florida’s condo market could teeter on collapse amid soaring costs and new safety rules - NY Post

The Sunshine State’s housing market is caught in a perfect storm that could soon drive condo owners to flee in droves. Experts are predicting that the skyrocketing costs of condo ownership — driven by massive increases in homeowner association (HOA) fees and a slew of new safety regulations — are poised to spark a fire sale that could send shockwaves through Florida.
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8/30/2024 All residents of Heron Pond, condo complex deemed unsafe, must leave by today - NBC Miami

Time has run out for any residents left in a Broward County condominium. People living in Heron Pond Condominium have to be out by the end of Thursday. The saga began in August of 2023, when residents in over half of the buildings at the condo complex were ordered out after the city of Pembroke Pines deemed them unsafe.
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8/27/2024 Are condo sellers down on their luck? Miami-Dade and Broward feel the pressure on deals - Miami Herald

Condo sales in South Florida dipped again in July, a tough situation for sellers eager to escape a growing mountain of financial pressures that include higher HOA fees and assessments.
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8/21/2024 A 5-star luxury condo could become St. Petersburg’s tallest building - Tampa Bay News

Plans submitted to the city call for a 49-story condominium and office building located at 150 Second Ave. S. Right now, that site is a six-story parking garage for the City Center office building.
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8/19/2024 South Florida in midst of condo crisis as rising HOA fees lead to surge in listings: ‘Don’t know how I’m going to stay’ - NY Post

A growing condo crisis has gripped South Florida and a new state law requiring condominium boards to set aside reserves for repairs and maintenance is being blamed for a spike in the number of listings in the face of soaring HOA costs, according to a report.
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8/15/2024 Is blowing up Florida condo associations the only solution to preventing condo collapses? - Florida Politics

The tragic collapse of the Champlain Towers South condo in Surfside in June 2021 was a defining moment for Florida. Ninety-eight lives were lost, and the devastation rippled across communities throughout the nation.
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8/13/2024 A reckoning is coming for Florida's condo owners as buildings face millions in repairs - NBC News

New laws in the wake of the 2021 collapse of the Champlain Towers have priced out some retirees, who are scrambling to afford hefty repair bills.
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8/9/2024 “Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered - The Real Deal

Condo developers in Miami have re-discovered the condo-hotel, and buyers are eating it up. But they may be disappointed with their returns once their units are completed.
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8/5/2024 ‘Zombie’ Condos, Angry Residents and a Ruling That Stunned Miami’s Developers - Wall Street Journal

Court ruling in favor of holdout unit owners casts new doubt on dozens of Florida condo terminations
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8/1/2024 Florida condo owners feeling 2 insurance hikes at once - WPTV

Florida condo owners are getting a double whammy of insurance hikes — first with policies for condo associations and then individual policies for their units.
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7/29/2024 A court decision worries developers eyeing Florida's aging condos - NEPM

Three years after a residential building collapsed in Florida, killing 98 people, new regulations have led to a steep increase in the cost of condo living. With the rising costs, residents in many aging buildings are selling out to developers who are racing to replace them with new luxurious high-rises.
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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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