Bilzin Sumberg’s Annual Development Conference brought together hundreds of planners, investors, lenders, developers, and policy-makers to address the foremost issues impacting the market.
A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums. .
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Observers of the South Florida real estate industry don’t go very long without seeing headlines about Miami’s hot commercial real estate market. COVID-19 perhaps has only added to the growth of the market. But even in South Florida where the pandemic hasn’t blunted the market, it has indeed shifted trends and dynamics. On February 2nd, Nitin Motwani, Managing Principal of Miami Worldcenter, and Anthony De Yurre, Partner in Bilzin Sumberg’s Land Development and Government Relations Group, discussed the movement of money and migration as it relates to real estate investment and development in the region during a virtual talk hosted by Bilzin Sumberg.