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Speakers and Panels

Making Projects Pencil: Construction Costs, Capital & Deal Execution in 2026

Financing has improved but developers say equity, execution and creativity are what separate projects that move forward from those that stall.

Jordan Kornberg

Jordan Kornberg

Chief Investment Officer

Mast Capital

Jessica Chen

Jessica Chen

VP - Construction

Swire Properties

Pranav Bhakta

Pranav Bhakta

SVP

Driftwood Capital

Miroslav 'Misha' Mladenovic

Miroslav 'Misha' Mladenovic

President

m2e Consulting Engineers

Wajdi Atallah

Wajdi Atallah

President

SBI Consultants LLC

Peter Hilera
Moderator

Peter Hilera

Partner

Withum Smith + Brown PC

Jordan Kornberg

Chief Investment Officer

Mast Capital

Mr. Kornberg is a seasoned real estate professional with over $2 billion of single asset and portfolio transaction experience. Prior to joining Mast, Mr. Kornberg was a Managing Director at Northwood Investors, a privately-held global real estate investment firm, where he was responsible for evaluating real estate equity and debt investment opportunities. During his approximately 10 years at Northwood, he executed acquisitions, obtained financing, oversaw capital projects, and improved operating performance across the firm’s hospitality portfolio. Prior to Northwood, Mr. Kornberg worked in the Real Estate, Gaming, Lodging and Leisure Investment Banking group at Deutsche Bank and focused on corporate advisory assignments, capital markets transactions, and mergers and acquisitions primarily within the hospitality and gaming sectors.

Mr. Kornberg is an active member of the American Hotel & Lodging Association (AHLA) Investment Roundtable. Mr. Kornberg received his Bachelor of Science degree in Economics, Magna Cum Laude, from Duke University.

Jessica Chen

VP - Construction

Swire Properties

With over 29 years of experience in Construction, Jessica has dedicated her life in construction in South Florida. After obtaining her degree in Architecture from Florida International University, Jessica worked in kitchen design and then began her career in construction. Schools, higher education, condominiums, casino, and courthouses have been part of Jessica’s experience in South Florida. Most notably Jessica was the Project Executive for the Guitar Hotel Tower and Oasis Suites Hotel at the Hollywood Hard Rock complex. Her management of high-end condominiums, commercial, and hospitality work led her to her interest in the development realm. Swire Properties US is renowned for bringing great innovation in design and neighborhood planning through their projects in Miami for the last 50 years. Jessica hopes to continue to bring to Swire her extensive knowledge in construction and her relationships in the South Florida market; while continuing to push the growth in women in construction and now development. Jessica joined Swire Properties US in 2021 as their Director of Design and Construction.

Miroslav 'Misha' Mladenovic

President

m2e Consulting Engineers

Mr. Mladenović's experience in engineering and construction spans more than 30

years. During that time, he has overseen projects ranging from multi-purpose

conference halls to luxury condominiums across three continents. As President, he has led Project Management, Owner Representation, and Quality Control for

various multimillion-dollar residential and commercial projects. His hands-on

approach to resolving construction issues includes defective work or components, delay analysis, and budgeting disputes. Mr. Mladenović fluently speaks Serbian,

Russian, English, Spanish, French, Italian, and Portuguese.

Wajdi Atallah

President

SBI Consultants LLC

“For more than 30 years, Wajdi Atallah has collaborated on complex projects in the public and private sectors across the United States, Canada and the Middle East. His portfolio includes transportation hubs, hotels, multi-use buildings, cultural institutions, historic landmarks and state-of-the-art research and health care facilities.

In 1998, Wajdi established SBI Consultants, a strategic advisory firm of engineers, planners and construction management professionals, to help developers manage cost, mitigate risk and successfully achieve their goals. Today, Wajdi’s expertise is regularly sought by project owners, investors, mediators and colleagues who need to ensure that a project is delivered on time and within budget.

Wajdi’s deep understanding of the field, and his highly focused style of evaluation, was established prior to SBI, while he worked for a world-renowned construction leader as a Project Engineer, Scheduler, Cost Engineer, Project Manager, and Superintendent. In these early roles, Wajdi developed a rigorous approach to problem-solving that considers the totality of the project lifecycle, and the myriad ways that precise details connect with the big picture.

Wajdi holds advanced and undergraduate degrees in Mechanical Engineering from Columbia University and is a licensed Professional Engineer. He serves on the External Advisory Board to the Mechanical Engineering Department of Columbia University and has been a member of AACE International, the Urban Land Institute, the Grant Monument Association and other civic organizations.

Notable projects include

Hudson Yards

National September 11 Memorial Museum

La Guardia Airport

JFK Airport

East Side Access

Florida Statute 558: Who Bears the Risk in Condo Development? Litigation, Insurance & Deal Economics

How Construction defect claims are quietly reshaping how projects are financed, insured and priced.

Sherri Gutierrez

Sherri Gutierrez

Principal

Arquitectonica

Robert Hughes

Robert Hughes

SVP

Ames & Gough

William O’Donnell

William O’Donnell

Partner and Managing Principal

Desimone Consulting Engineering

Laurie Stanziale
Moderator

Laurie Stanziale

Partner

Fox Rothschild

William O’Donnell

Partner and Managing Principal

Desimone Consulting Engineering

William O’Donnell has managed the DESIMONE Miami office for 35 years. During his tenure, the firm has designed well over 100 million square feet of projects in Florida. Recent Florida hospitality projects include the Four Seasons in Surfside, Naples, and Jacksonville, the St. Regis in Longboat Key, the Raleigh, Ritz-Carlton Residences, and Miami Beach Convention Center Hotel on Miami Beach, the Broward County Convention Center Hotel, the renovation and expansion of Pier 66 in Fort Lauderdale, and the new Mandarin Oriental on Brickell Key replacing the existing building he designed in 1999. Current Caribbean projects are underway in The Bahamas, Puerto Rico, Jamaica, St. Maarten, St. Lucia, and Antigua. He is a graduate of the University of Miami, has been on two industry advisory boards at UM, and is a Trustee for Barry University.

Laurie Stanziale

Moderator

Fox Rothschild

Ranked among New York's leading construction law attorneys by Chambers USA, Laurie advises clients

throughout the project lifecycle, mitigates risks and protects and defends their interests in disputes involving

construction defects, payment claims, liens and other issues.

Laurie represents domestic and international developers and owners, major construction companies, trade

contractors, architects, engineers and consultants in a broad range of construction matters, including contract

negotiation and dispute resolution. Acting as a business partner, she counsels clients in the preparation, review

and negotiation of:

• Construction and design contracts

• Easements, licensing and zoning lot development agreements with neighboring properties

• Insurance policies, financing and leases

• Project management, development, branding and brokerage agreements

• Joint venture agreements

• Settlement, prosecution and defense of contract dispute, lien disputes and construction defect cases

Laurie is also listed as a mediator and arbitrator on the American Arbitration Association's construction

industry and commercial arbitration panels.

Among her successes throughout the coronavirus pandemic, Laurie assisted multiple clients in evaluating

schedule delays and reaching settlements with contractors as to how to mitigate delays, maximize off-site

productivity and minimize costs while maintaining project progress. She continues to counsel clients on

addressing the ongoing supply and labor chain impacts facing the construction industry as a result of the

pandemic.

Designing for Demand: What Buyers, Tenants & Cities Expect Next

The projects winning today aren't just well designed, they're strategically positioned for changing demand, evolving submarkets and a more competitive entitlement process.

Marius Fortelni

Marius Fortelni

Owner

Forte Development

Ignacio Montes

Ignacio Montes

President

Alta Developers

Selma Rabelo

Selma Rabelo

EVP-Development

Integra Investments

Carlos Diaz
Moderator

Carlos Diaz

Shareholder

Greenberg Traurig

Carlos Diaz

Moderator

Greenberg Traurig

Carlos Diaz is a shareholder in the Miami Land Use Practice at global law firm Greenberg Traurig. With a deep understanding of zoning regulations, environmental considerations, and real estate development, Carlos guides clients through the complex and ever-changing landscape of land use and zoning law in Miami-Dade County. He focuses his practice on representing clients throughout the development process, from due diligence and subdivision approvals to zoning entitlements and permitting issues associated with large residential, commercial, and mixed-use projects. Carlos also has considerable experience in historic preservation and archaeological matters, having assisted clients with projects that involve historic structures, archaeological sites, or culturally significant areas. He is known for his ability to identify creative approaches to land use challenges, ensuring that his clients' objectives align with local regulations and community interests.

Keynote Fireside Chat: Oak Row Equities on Where Smart Capital Is Betting Next

After years of explosive growth, which South Florida submarkets still have room to run and where are the next investment opportunities emerging.

David Weitz

David Weitz

Managing Partner

Oak Row Equities

Erik Rutter

Erik Rutter

Managing Partner

Oak Row Equities

Robert Given
Moderator

Robert Given

Vice Chairman, Capital Markets - Florida

CBRE

Erik Rutter

Managing Partner

Oak Row Equities

Erik Rutter is the Managing Partner of Oak Row Equities, with more than 15 years of experience in real estate ownership, development, capital raising, finance, and asset management. Since founding Oak Row Equities, he has grown its portfolio to over 6mm gsf and $4bn of deployed capital. Prior to founding Oak Row Equities, Mr. Rutter worked at Tishman Speyer. He earned a B.A. in English and History from Georgetown University and resides in Miami and New York City with his wife and daughter.

Why You Should Attend Bisnow's South Florida Construction & Development Forum

South Florida’s development pipeline is still moving, but the rules for getting projects financed, approved and delivered have changed dramatically. From rising construction costs and prolonged entitlement timelines to evolving capital strategies and increasingly ambitious engineering demands, developers today are navigating a far more complex path from concept to completion. Bisnow’s South Florida Construction & Development Forum brings together the developers, capital partners, engineers, contractors and advisors shaping the next generation of projects across the region.

This event will explore what’s driving deals forward in 2026, where projects are stalling, and how industry leaders are adapting their development strategies in a higher-cost, higher-risk environment. Discussions will cover the realities of aligning capital with construction feasibility, how teams are structuring partnerships and phasing projects more strategically, and the engineering innovation required to deliver increasingly complex towers and mixed-use developments across South Florida.

Attendees will gain firsthand insight into the operational, financial and technical decisions influencing what gets built next and what separates projects that break ground from those that remain on the sidelines.

 Key Takeaways:

  • How developers, contractors and capital partners are getting deals across the finish line despite elevated costs, tighter underwriting and longer timelines.

  • Which project types, locations and development strategies are still attracting lender and investor interest in South Florida.

  • How development teams are adjusting underwriting assumptions, phasing plans and partnership structures in a “higher-for-longer” environment.

  • Where projects are facing the greatest construction bottlenecks including permitting, labor, procurement and execution challenges.

  • Why alignment between construction feasibility and capital strategy has become essential to moving projects forward.

  • How developers are determining when to build, wait, recapitalize or reposition projects in today’s market cycle.

  • What structural engineers are solving behind the scenes to make South Florida’s next generation of supertalls and complex mixed-use projects possible.

  • How engineering innovation is addressing wind loads, waterfront conditions, foundation systems and increasingly sophisticated building designs.

  • Why earlier collaboration between developers, engineers, architects and contractors is becoming critical for cost control and project execution.

  • What public-private coordination and city alignment looks like on transformative development projects across South Florida. 

For questions regarding content and speaking, please email our Event Producer, Elizabeth Herrgott, at elizabeth.herrgott@bisnow.com. Want to get involved? Contact Jordan.Hinsch@bisnow.com to get information on sponsorship, pricing and availability at this event. To request disability-related accommodations, please contact ariel.fromm@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
12:00 PM
1:00 PM
Registration, Breakfast & Networking
1:00 PM
1:40 PM
Florida Statute 558: Who Bears the Risk in Condo Development? Litigation, Insurance & Deal Economics

Florida Statute 558 was intended to reduce construction defect litigation by encouraging early resolution before lawsuits are filed. In practice, it has become a major driver of risk, insurance cost, and deal structure across Florida condo development. This panel will explore who is ultimately bearing that risk and how that is influencing project feasibility and returns. The conversation will focus on what every CRE stakeholder needs to understand as liability, cost, and exposure continue to evolve in Florida’s development market.

1:40 PM
1:50 PM
Networking Break
1:50 PM
2:30 PM
Making Projects Pencil: Construction Costs, Capital & Deal Execution

Rising construction costs, tighter lending conditions and prolonged timelines continue to challenge development across South Florida. This panel will examine what it takes to make projects financially viable in 2026, from creative capital stacks and contractor alignment to value engineering and risk management. Industry leaders will discuss where deals are still getting done, how underwriting assumptions are changing, and what strategies are helping projects successfully reach groundbreaking.

2:30 PM
3:10 PM
Designing for Demand: What Buyers, Tenants & Cities Expect Next

Today’s projects must appeal not only to investors and lenders, but also to increasingly selective tenants, buyers and municipalities. This panel will explore how developers are adapting projects to meet evolving expectations around lifestyle, flexibility, wellness, sustainability and community integration. Panelists will discuss the amenities, design strategies and mixed-use concepts gaining traction, along with how cities are influencing the future of development through planning priorities and public-private collaboration.

3:15 PM
3:45 PM
Keynote Fireside Chat

Oak Row Equities' Erik Rutter and David Weitz share a ground-level view of South Florida's construction and development market drawn from their active pipeline across the region.

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