Strategy Adjustment: Are Condo Conversions Back

A recent ruling from the Miami-Dade Circuit Court casts doubt on the enforceability of settlement agreements between condominium unit owners and associations, particularly for hotel condominiums.

Florida's condominiums and HOAs face converging pressures from stalled legislation, new Fannie Mae and Freddie Mac lending standards, and proposed reforms to the state's condominium termination statute.

Anthony De Yurre, Kevin Koushel, and Howard Nelson discuss key legislative and policy changes in Florida that are impacting the business plans and investment strategies of real estate firms as they pursue projects across the state.