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Condos in Florida buildings that are 30 years old or more have seen their values plummet since 2021.
News

Prices Have Collapsed For South Florida Condos 30 Years Or Older

...  since the collapse of the Champlain Towers South building in Surfside in June 2021 that killed 98 people. The incident prompted ...

Oct 25, 2024
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Ron DeSantis Signing Bill May 2024
News

As Condo Owners Call For Help, DeSantis Holds Off On Special Session

... the wake of the Champlain Towers South condo collapse in Surfside that killed 98 people.  The law has created a reckoning ...

Sep 20, 2024
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Society Wynwood Property Markets Group PMG Greybrook Miami
News

This Week’s South Florida Deal Sheet: PMG, Greybrook Land $178M Refi

... Bay Harbour 100th, a luxury apartment project just west of Surfside, according to a release. The floating-rate debt, which came ...

Aug 19, 2024
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Florida State Senator Ana Maria Rodriguez, Condominium Advisory Group’s John Cadden, Fortune International Group’s Edgardo Defortuna, The Castle Group’s Will Delgado and Bilzin Sumberg’s Joe Hernandez at Bisnow’s South Florida Condo Summit on April 11, 2024.
News

A ‘Come To Jesus’ Moment Looms For Owners Of South Florida’s Aging Condos

... the moment the legislation started to come out immediately following Surfside,” Will Delgado, president and chief operating officer at The Castle ...

Apr 16, 2024
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Four Winds Condos 9225 Collins Ave Surfside Miami
News

'We Call It Herding Cats': Sellers Are Slowing The Expected Wave Of Condo Buyouts

... Colliers to market its 4-acre oceanfront property following the Surfside collapse and attracted interest from several bidders. Related Group and ...

Mar 13, 2024
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The Fifth Miami Beach - Sumaida Khurana - Bizzi Bilgili - Cain International - 950 5th St
News

Miami Developers Close 2023 With A Flurry Of Construction Loans

... and investor behind the Eighty Seven Park condo tower in Surfside, and Turkish development firm Bilgili Holding.  The financing is the ...

Dec 22, 2023
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‘It Boils Down To Life And Safety’: Fitness-For-Service Evaluations For Aging Infrastructure
News

‘It Boils Down To Life And Safety’: Fitness-For-Service Evaluations For Aging Infrastructure

... loss of life. In 2021, Champlain Towers South collapsed in Surfside, Florida, claiming the lives of 98 people. Experts have determined ...

Oct 30, 2023
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Major CRE Hires, Acquisitions And Accomplishments: Best Of Biswire September 2023
News

Major CRE Hires, Acquisitions And Accomplishments: Best Of Biswire September 2023

... community in a prime location near Bal Harbor Mall and Surfside Beach. The acquisition aims to expand SOLU Real Estate's ...

Oct 09, 2023
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Galt Mile Condos Fort Lauderdale Broward County
News

South Florida Cities Search For Solutions To Prevent ‘Senior Exodus’ Caused By New Law

... the wake of the collapse of Champlain Towers South in Surfside, where 98 people died when the condo tower's unaddressed ...

Aug 23, 2023
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inspection
News

Before Buildings Crumble: The Overlooked Importance Of Building Maintenance

... are not trained structural engineers. However, McDonald said the 2021 Surfside collapse in Florida, with its numerous fatalities, motivated many building ...

Jul 17, 2023
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