University of Miami
November 03, 2017
Martin A. Schwartz speaks about vertical subdivisions, including issues related to structuring, drafting, and real estate tax, at the Ralph. E. Boyer Institute on Condominium and Cluster Development.
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Carter N. McDowell and Anthony De Yurre discuss the challenges of a mature real estate market, and the opportunities in the redevelopment of existing condominiums, at Bilzin Sumberg’s 4th Annual Development Conference.
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.
In 2022, the Florida legislature passed a series of laws impacting the nearly 1.5 million condominium units throughout the state – along with the 28,000 associations overseeing the properties. These strict policy changes may open the door to a significant rise in condo redevelopment.