2024 CooperatorEvents South Florida Seminar: Association Lending Sponsored by: Haber Law

By Cooperator Staff 7 January 2025 Seminars

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News

5/22/2025 The rich flocked to Florida. Then property taxes and condo assessments caught them by surprise - Fortune

In recent years, an influx of ultra-wealthy individuals have decamped to Florida in search of warmer weather and a smaller tax bill. From Jeff Bezos to Bethenny Frankel, celebrities and billionaires alike have made the move, spurred by the lack of state and estate taxes and the promise of a sunnier lifestyle. But in many cases, the move has brought unpleasant surprises.
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5/15/2025 Florida condo owners getting a break - AMI Sun

It hasn’t been pretty for condo owners in the Sunshine State since the collapse of the Champlain Towers South in 2021. After this tragedy, laws were passed requiring “milestone inspections” of older buildings and “structural integrity reserve studies” to determine how much money should be saved for future major repairs.
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5/9/2025 Florida lawmakers try to balance condo safety with cost - New England Public Media

Florida lawmakers have sent the governor a measure aimed at providing relief for tens of thousands of condominium owners struggling with rising costs in aging buildings.
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5/7/2025 Evacuations ordered at Clearwater high-rise after structural crack discovered - Fox News Tampa Bay

Dozens of residents were urgently evacuated from a 12-story condominium building on Tuesday after construction workers discovered a growing crack in a support column in the building’s parking garage.
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5/5/2025 Florida lawmakers try to balance condo safety with cost - NPR

Florida lawmakers have sent the governor a measure aimed at providing relief for tens of thousands of condominium owners struggling with rising costs in aging buildings.
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4/29/2025 Florida condo crisis: Legislature's two approaches to fixing association financial woes - Palm Beach Post

New state regulations designed to forestall another deadly disaster like the Surfside condominium collapse have triggered widespread financial calamities for condo dwellers and their associations that the Florida Legislature is trying to fix as the clock runs out.
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4/28/2025 Why many potential buyers have been scared away from South Florida's condo market - CBS

Mayra Villalona is sitting on what she thought was real estate gold. She bought a two-bed, two-bath condo near Fort Lauderdale in 2021 for $145,000, hoping to pounce on pandemic-era real estate prices.
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4/23/2025 Florida Homeowners Are in Crisis. Lawmakers Want To Offer Tax Relief as a Solution - Realtor.com

Florida homeowners are in crisis—but one Washington, D.C., lawmaker wants to offer tax relief as a way to ease the burden.
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4/21/2025 Experts Sound Alarm As Florida Condo Boards Drag Their Feet On Reserve Studies - BisNow

Condo associations across Florida are doing everything they can to avoid the costs tied to the state-mandated Structural Integrity Reserve Study.
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4/14/2025 ‘Perfect storm.’ Hundreds of Florida condos now on secret mortgage blacklist - Tampa Bay Times

A secretive quasi-governmental condo blacklist is growing exponentially, making it difficult for owners in scores of troubled buildings in Miami and South Florida to sell or get loans for repairs even as their associations face a fiscal and time crunch to meet stringent new state safety regulations.
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4/10/2025 WATCH LIVE: Florida Gov. Ron DeSantis speaks on condo relief in Sweetwater - NBC News South Florida

Florida Gov. Ron DeSantis is discussing financial relief for condominium owners in a news conference on Thursday in the city of Sweetwater. "I don't need to tell people in southern Florida, we've got a problem with our condo market right now," DeSantis said.
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4/8/2025 Florida's Condo Crisis: Palm Beach Post to hold live town hall. Tell us your concerns. - Palm Beach Post

New state laws enacted after the Surfside condominium collapse in 2021 have created a financial crisis in Florida and Palm Beach County. The Palm Beach Post has written extensively on the topic that has generated significant interest and concern for many condo owners in South Florida. That's why The Post will be conducting a live town hall on Wednesday, April 16 called the Condo Crisis.
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4/2/2025 Million dollar-plus condos are holding up the regional real estate market - WLRN

High priced homes and condos are keeping the South Florida housing market afloat. Seven-figure deals underpin the regional residential real estate market, as it grapples with condominium reforms weighing on older condos and the price of single family homes moderating after years of pandemic-fueled hikes.
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3/27/2025 Florida condo bill seeks financial flexibility, safety - CBS

A key Senate committee on Tuesday gave initial approval to a measure that would build on laws requiring safety inspections of older condominium buildings and adequate financial reserves for repairs.
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3/24/2025 The End of the South Florida Dream - Newsweek

The Lake Clarke Gardens condominiums in Lake Worth, Florida, are among many places across the Sunshine State selling Americans the much-coveted dream of retiring in a place in the sun.
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3/17/2025 Rising costs driving Canadian snowbirds to sell Florida condos, spend winters elsewhere - CBS12 News

Snowbirds are flying elsewhere! According to South Florida real estate agent Catherine Spino, some Canadians are flocking out of Florida.
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3/6/2025 Inside Florida’s brewing condo crisis as property values drop in once-coveted retirement haven - NY Post

A slow-motion crisis is unfolding in Florida’s condo market, threatening to upend the state’s image as a haven for retirees and reasonably priced beach living.
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2/26/2025 Why South Florida Condo Prices Could Drop by 40% - Discover South Florida

After years of soaring property values, South Florida’s condo market may face a significant shift. Analysts predict prices could fall by as much as 40%, creating challenges for sellers but potential opportunities for buyers. What’s driving this anticipated change? Let’s take a closer look.
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2/21/2025 South Florida's Housing Market Gets 'Troubling Sign' - Newsweek

The recent explosive rise in inventory in the Sunshine State's city of Fort Lauderdale is a "troubling sign for the future of home prices" in South Florida, real estate analyst Nick Gerli warned.
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2/18/2025 Florida's Condo Crisis Sparks Warning - Newsweek

New building safety legislation ensuring that Florida's aging condos have the money to undertake necessary repairs could trigger the "next wave of homeless people" in the state, Florida State House Representative Mike Caruso has warned.
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