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Does a Noisy Gym Equal Property Damage? ‘Interpretation Is Key’ in This Insurance Suit Against a Florida Condo Association

April 22, 2022 in /by

It’s a lawsuit that raises questions about how insurance contracts should be interpreted, as this commercial general liability policy defines “property damage” as “physical injury to tangible property.” The big question in a lawsuit that pits insurance underwriters against a Florida condo association is: does the disruption of a noisy gym constitute property damage? It’s […]

Pricey Land Market Confounds Developers

April 21, 2022 in /by

Last year, prices were up 6 percent, the most in nearly a decade. The pursuit of land and its price is rising, putting a strain on developers in nearly every market and industry segment. In 2021, the land market had its best year in nearly a decade as sales rose 6% and outperformed the pace […]

As dev site prices soar in Miami, buyers play a “dangerous game”

April 19, 2022 in /by

Development site deal volume in Greater Downtown Miami rose 155% between 2019 and 2021 Developer Chaim Cahane bought a development site in Miami’s Wynwood for $6.4 million in December. Three weeks later, a broker called him with an unsolicited all-cash offer: Flip it for 75 percent more. Then, in March, Cahane’s Forte Capital partnered with investor Jon […]

Protecting Trade Secrets and Avoiding Litigation in the Great Resignation Era

April 15, 2022 in /by

Arguably one of the biggest changes has been the unprecedented manner in which millions of Americans have quit their jobs in search of new career opportunities that offer greater flexibility, improved work-life balance, higher pay and increased opportunity for advancement. The times they are a-changin’—and it’s beginning to look like things may never go back […]

3 Real Estate Areas To Watch As Russia-Ukraine War Persists

April 1, 2022 in /by

Law360 (April 1, 2022, 10:58 AM EDT) — As Russia’s invasion of Ukraine enters its second month, U.S. real estate investors are all eyes on supply chain and inflation concerns, while global investors could shift more of their assets into U.S. properties amid growing concerns about the European market. The U.S. real estate market was […]

Rise Of Florida Mini-Cities Blurring Urban-Suburban Lines

December 27, 2021 in /by

Among outgrowths of the pandemic has been an explosion of newcomers to Florida. Many recent arrivals to the state are from urban areas in the Northeast and Midwest U.S., where density and walkability have long been part and parcel of daily life. It’s only appropriate, then, that Florida is witnessing a surge in what might […]

South Florida elected leader worked remotely during COVID. His peers determined whether he could keep his commission seat

November 15, 2021 in /by

MIRAMAR — Miramar City Commissioner Winston F. Barnes, 73, will keep his seat on the dais. City leaders planned to vote at Monday night’s meeting on whether to oust Barnes for attending commission meetings remotely throughout the pandemic. But before any commissioners could discuss or vote, Commissioner Maxwell Chambers, who brought up the motion, withdrew […]