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Broward County State of the Market

Name: Broward County State of the Market
Start: 2024-03-12T08:00:00-04:00
End: 2024-03-12T12:30:00-04:00
Location: Fort Lauderdale Marriott Harbor Beach Resort & Spa

CRE Insights and Opportunities in Fort Lauderdale, Pompano Beach, Hollywood, and Beyond

Event Ended On: Tuesday March 12 2024

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Speakers and Panels

Mayoral Keynote Addresses

Dean Trantalis

Dean Trantalis was first elected mayor of Fort Lauderdale in 2018 and was re-elected in Novembe 2020. His 2018 election represented the largest victory in city history for a candidate running for a first term as mayor. The 2020 election was also by landslide proportions and featured the largest turnout ever in a city race. Mayor Trantalis previously served on the City Commission representing District 2 for eight years. As mayor, he represents Fort Lauderdale on the Florida League of Cities, the Broward County Tourism Development Council, the Metropolitan Planning Organization, the Greater Fort Lauderdale Alliance and the Broward Workforce Development Board. He also served as a member of Gov. Ron DeSantis’ Re-Open Florida Task Force in 2020. Born and raised in Norwich, Connecticut, he attended high school at Norwich Free Academy. At Boston University, he majored in political science and graduated cum laude and with distinction in 1975. He received a Juris Doctorate in 1979 from Stetson University School of Law. Mayor Trantalis was admitted to the Connecticut and Florida Bar Associations in 1980 and has practiced law in Broward County since 1982. He maintains a successful general law practice in Broward County with some emphasis in the areas of real estate, probate, estate planning, bankruptcy, and corporate matters. His long track record of public service in our community began with his involvement in the fight for civil rights. As mayor, he is committed to improvements to the city’s infrastructure, responsible growth, community involvement in development decisions, increased fiscal responsibility in city government and the maintenance of the great quality of life in our neighborhoods. Recognized for his leadership in our community, Mayor Trantalis has received multiple awards and honors. He was an inaugural honoree of the Diversity Honors awards presented by the Harvey Milk Foundation in 2015 and was presented with their lifetime achievement award in spring 2018. He also has been honored as a Community Champion by the Broward County Commission and the Broward County Human Rights Board for his work on behalf of equal rights. In October 2019, he received the Visionary Award from the Gay and Lesbian Business Exchange of the Greater Fort Lauderdale Chamber of Commerce.

Fort Lauderdale

Mayor

Keynote

Dean Trantalis

Mayor, Fort Lauderdale

Keynote

Josh Levy

Mayor, City of Hollywood

Keynote

Rex Hardin

Mayor, Pompano Beach

Broward Mosaic: Diverse Perspectives on a Dynamic County

Noah Bachow

CEO, Bachow Ventures

Austin Fox

Founder & Principal, Austin Fox Architecture

Mike MacDonald

Senior Vice President & Division Manager, Kast Construction

Moderator

Shawn Oden

Managing Director, BMO Commercial Bank

Hollywood Highlight: Unveiling the Renaissance Underway in a City on the Rise

Timothy Wheat

Timothy P. Wheat is a partner at Pinnacle, a Miami-based full-service real estate development and construction company that builds high-quality affordable, workforce and market-rate housing across Florida. Mr. Wheat joined Pinnacle in 2002 and is the company’s lead affordable housing developer, and has guided the expansion of Pinnacle’s portfolio throughout Florida. Mr. Wheat has overseen successful and trend-setting developments across the state, including many of Pinnacle’s efforts with local governments, public housing authorities and non-profit organizations to develop new, modern and affordable rental communities through innovative public/private partnerships. Mr. Wheat’s professional career spans nearly 40 years and has almost entirely been dedicated to the development and preservation of quality affordable housing for both families and seniors. Mr. Wheat began his career as a housing planner in Palm Beach County government, moved to the non-profit sector and then into private for-profit development. Mr. Wheat has overseen the development, financing and management of thousands of rental housing units in Florida and throughout the United States. Mr. Wheat is acknowledged as an industry advocate and an expert in fostering collaborative efforts to create affordable housing. In recognition of these accomplishments, he was appointed to the Federal Home Loan Bank of Atlanta’s Affordable Housing Advisory Council, where he served from 2013-2017, and was elected Vice Chairman in 2016. In 2011, Mr. Wheat received the key to the City of Lynn Haven, Florida, for his role in developing affordable housing in the area. He also actively engages with multiple community organizations focused on creating affordable housing opportunities. Mr. Wheat is a founding Board Member and President of the Community Land Trust of Palm Beach County, formed in 2006, which develops and creates housing opportunities for both renters and homeowners utilizing a cutting-edge mechanism for preserving long term affordability. Mr. Wheat is also a Board Member of the Housing Leadership Council of Palm Beach County. The HLC’s “Housing for All” plan and its advocacy for affordable and workforce housing was instrumental in the adoption of a $200 million housing bond initiative approved by Palm Beach County’s voters in 2022. Mr. Wheat is a native Floridian and a Phi Beta Kappa graduate of Fordham University.

Pinnacle

Partner

Timothy Wheat

Partner, Pinnacle

Raelin Storey

Assist City Manager, City of Hollywood

Jorge Camejo

Jorge Camejo worked for the City of Boca Raton for over 28 years. Over this time span, he served as the Executive Director of the CRA from 1989 to 1998. In 1998 he took on the development role as CRA Executive Director and Director of the Development Services Department until 2009 and subsequently served as Director of Community Development. During his tenure with the City of Boca Raton he brought to fruition numerous projects and achievements including:  Coordinated and supervised implementation of the $44.5 million dollar Visions 90 Infrastructure and Beautification Plan for Downtown, including Palmetto Park Road, US 1 and Mizner Boulevard.  Oversaw the design, construction and implementation of all phases of Mizner Park, which opened in December of 1990.  Instrumental in bringing about the construction of Jacobson’s Department Store, enabling the store to open for the 1996 season.  Spearheaded the discussions and eventual resolution through mediation of the Boca Raton Road lawsuit resolving a dispute that existed since adoption of the first Downtown Plan in 1982.  Proposed and implemented a “Front Porch” code amendment to provide a better sense of community and architectural interest for older neighborhoods in Boca Raton.  Directed the Boca Technology Notice of Proposed Change (NOPC) for the former IBM site to revitalize the property as a major industrial site in 2001.  Coordinated the Pearl City Master Plan for the City’s oldest residential community by obtaining consensus and support from the residents and neighborhood leaders on the “Pearl City Blue Ribbon Committee” in the design and implementation strategy of the proposed master plan in 2002.  Instituted the “Blueprint for Excellence” to improve the services provided to our customers in the permitting and inspection process by obtaining feedback through open forums with the construction community necessary to implement enhancements and re-engineer processes in 2003.  Coordinating the redevelopment of the North Federal Highway corridor, obtaining input by conducting a charrette in November 2003 under the auspices of a steering committee of residents and business owners to promote such efforts.  Oversaw implementation of the Downtown Master Plan update, including Interim Design Guidelines.

Hollywood CRA Districts

Executive Director

Jorge Camejo

Executive Director, Hollywood CRA Districts

Jacob Breakstone

Development Services Manager, BTI Partners

Moderator

Craig Studnicky

CEO, ISG World & RelatedISG

Pompano Beach Pulse: Navigating Growth in Broward's Hidden Gem

Nick Perez

Nick Pérez serves as the President of Condominium Development for Related Group (Related), one of the country’s leading real estate companies. In this critical leadership role, Nick oversees all development activity within the company's world-renown condominium group, with a portfolio worth over $15 billion. Additionally, Nick collaborates closely with Related’s executive suite - including CEO and Founder Jorge M. Perez and President Jon Paul Perez - to extend the firm’s 40+ years of industry dominance. Known for his growth focus, Related’s condominium group has thrived under Nick’s leadership, forging partnerships with distinguished brands, expanding into promising new markets and driving billions of dollars in sales. The division currently has more than 20 individual condo projects under active developments, with highlights including the St. Regis Residences Miami; Baccarat Residences, Miami; NoMad Residences, Wynwood; Residences at 6 Fisher, and many more. Nick also led the development of Related’s award-winning Coconut Grove headquarters, completed in 2021. Prior to joining Related in 2018, Nick spent eight years in the New York City real estate industry, working with some of the world’s most respected real estate companies. This included a four-year period with the Related Companies in Manhattan, where he focused on a wide spectrum of properties, including 261 Hudson and 15 Hudson Yards. Nick is deeply involved with Related’s sustainability efforts, playing a critical role in forging Related’s high- profile partnership with the Aspen Institute and facilitating the firm’s title sponsorship of the “Ideas” Summit. He is also involved in the Related’s Philanthropic Foundation and the Perez Family Philanthropic Foundation, which have dispersed more than $214 million since being founded in 2015. Nick graduated from Loyola Marymount University with a B.S. in Business Administration and received his Executive MBA from Kellogg School of Management at Northwestern University.

Related Group

President

Nick Perez

President, Related Group

Dev Motwani

Dev Motwani serves as President of Merrimac Ventures, a Fort Lauderdale based real estate firm that focuses on value-add investment and development opportunities. Property types owned and operated include hotels, condos, retail, office and rental apartments primarily in South Florida but also throughout the United States. Dev is also Founder and Managing Partner of Ramesh Properties, a distressed real estate investment fund focused on opportunistic investments in residential and commercial development sites throughout South Florida. He currently oversees nearly $750 million in development projects. Current projects include the Four Seasons Hotel and Private Residences, The Gale Boutique Hotel and Residences, as well as Las Olas Riverfront, all in the Fort Lauderdale area. Dev is Founder and Managing Partner of Chieftain Residential, a yield-oriented distressed residential fund purchasing single-family homes and residential land, primarily in the Southeast US and Texas. The fund aims to balance current income opportunities through the rental markets for its single family home inventory, while also targeting capital appreciation in single family homes and land as the US Residential Market continues to rebound. Prior to his current role Dev worked at Credit Suisse in New York City, where he first structured OTC Equity Derivative trades for the firm's largest corporate clients and then for the firm's largest hedge fund clients. Before that he worked in the White House and on the 2000 Gore/Lieberman Presidential Campaign. Dev plays an active role in the South Florida Community, through his involvement with numerous charities and business organizations, currently serving on the board of the Broward Center for the Performing Arts Foundation, Fort Lauderdale's Economic Development Advisory Board, and the Downtown Council. He was recently appointed to the Orange Bowl Host Committee. He previously served on the boards of the Riverwalk Trust, Greater Fort Lauderdale Chamber of Commerce, and Broward County's Small Business Advisory Board. Dev has served as Co-Chair for the Bonnet House's Annual Impressions Fundraiser, the Ghost Light Society's Annual Soiree, and the Jeb Bush Classic Beach Bash benefitting the Cystic Fibrosis Foundation. This year the Motwani family co-founded the Laughing Out Loud fundraiser benefitting the Scleroderma Foundation, which raised over $170,000 for the charity. Dev graduated from Duke University with a Bachelors of Science degree in Economics and Public Policy and from Columbia University's Masters of Science in Real Estate Development Program. He has also studied at the London School of Economics.

Merrimac Ventures

President

Dev Motwani

President, Merrimac Ventures

Edgardo Defortuna

CEO, Fortune International Group

Moderator

Maria Johnston

CEO, M. Johnston Consulting

Fort Lauderdale Flourish: The Heartbeat of Broward's Evolution

Jimmy Tate

CEO, Tate Capital

Harvey Hernandez

Fueled by his innate creativity and armed with a diehard entrepreneurial spirit, Harvey Hernandez began his involvement in real estate development as a hands-on investor in the rapidly expanding South Florida market. With more than two decades in South Florida, he has observed first-hand the region’s tremendous capacity for change and progress. Holding firm to excellence from the forefront of the industry, Harvey continues to revitalize the high-end residential market by developing innovative projects that deliver the best in location, cutting- edge amenities, luxury finishes and forward-thinking design. Harvey entered the real estate industry following a successful foray scaling a technology startup that sold in year 2000. The sale provided the initial capital for the $260 million-dollar multifamily development firm, H&H Development Company -- a pivotal catalyst to Harvey’s career. These ventures paved the way for Harvey’s subsequent endeavors, giving him the necessary momentum to launch Newgard Development Group and NGD Homesharing LLC. In 2017, Harvey partnered with Airbnb to create Niido, the first and only residential brand designed to encourage and facilitate home sharing. The partnership includes multifamily developments that are tailor-made to optimize flexible living, with a suite of technology, services and amenities. The first Niido, powered by Airbnb, communities are open in Orlando and Nashville with more locations coming soon. Following Niido’s launch, in June of 2019, Harvey expanded his partnership with Airbnb to create yet another revolutionary new hospitality brand, Natiivo. Purposely designed, built and licensed for home sharing, Natiivo is the first brand to offer ownership with home sharing as an amenity. On the heels of the success of Natiivo Miami and Natiivo Austin, which both sold out before breaking ground, his latest brand LOFTY has debuted its first iteration in Brickell, Miami. Harvey’s other notable projects include Gale Boutique Hotel Fort Lauderdale, Gale Residences in Fort Lauderdale; One Flagler office building, Centro Condominium Miami and BrickellHouse.

Newgard Development Group

CEO & President

Harvey Hernandez

CEO & President, Newgard Development Group

Doron Broman

Founder & Managing Partner, Moderno Development

John Boyd

Principal, The Boyd Company

Moderator

Dan McCawley

Shareholder, Greenberg Traurig

Why You Should Attend

What You'll Learn:

Understand the interplay between tourism and hospitality, retail revival, education and workforce development, and healthcare and wellness, and how these sectors are adapting to trends and the evolving needs of Broward County.
Discover how Fort Lauderdale's evolution is positioning it as the heartbeat of Broward County, with a focus on its role in culture, commerce, and community.
Analyze Hollywood's unique urban development trajectory compared to its Broward County counterparts and the pivotal initiatives shaping its economic and social landscape.
Discover how Hollywood is leveraging its prime location to attract business and tourism, and the role of cultural and entertainment sectors in its economic identity.
Understand Pompano Beach's recent transformation and its impact on desirability for residents and businesses.
Delve into the county's real estate market's challenges and opportunities, and the vision for long-term, sustainable growth.
Learn about Fort Lauderdale's development strategies that cater to its cultural, economic, and environmental sustainability.
Explore the contributions of smaller communities to Broward County's identity and the emerging industries poised for growth.

How You'll Do More Business: Engage with the transformative narratives of Broward County's real estate at the State of the Market event, where you'll immerse yourself in in-depth discussions led by industry trailblazers. This is more than an event; it's a nexus for forging strategic partnerships and cultivating relationships with the region's most influential players. From Hollywood's burgeoning developments to Pompano Beach's coastal resurgence and Fort Lauderdale's cultural and commercial boom, you'll connect with the minds driving these changes. The event promises a fertile ground for networking, where ideas and business cards are exchanged with equal enthusiasm, setting the stage for future collaborations. Whether you're looking to invest, develop, or expand your professional footprint, you'll not only keep pace with Broward County's market trends but also become part of the force that propels the market forward.

Who You'll Meet: Connect with a high-caliber lineup of participants, from top-tier investors and developers to owners, brokers, and industry experts who are actively shaping Broward County's real estate landscape.

Articles You Should Read:

For questions regarding content, speaking, and sponsorship opportunities, please email our Senior Event Producer, Virginia Baker, at virginia.baker@bisnow.com

To request disability-related accommodations, please contact brittney.bacon@bisnow.com no later than seven business days prior to the event.

Venue

Fort Lauderdale Marriott Harbor Beach Resort & Spa
3030 Holiday Drive
Fort Lauderdale, FL, 33316

Ballroom: Caribbean Ballroom

Parking Information:

Discounted $15 self parking or valet parking

Get Directions

Agenda

Time	Activity
8:00 AM 8:55 AM	Registration, Networking, & Breakfast
8:55 AM 9:05 AM	Keynote - Fort Lauderdale Mayor Dean Trantalis
9:05 AM 9:45 AM	Broward Mosaic: Diverse Perspectives on a Dynamic County A holistic discussion capturing the full scope of Broward County's commercial real estate, with insights from diverse sectors, communities, and experts that shape the county's vibrant tapestry.
9:45 AM 9:55 AM	Keynote - Hollywood Mayor Josh Levy
9:55 AM 10:40 AM	Hollywood Highlight: Unveiling the Renaissance Underway in a City on the Rise A vibrant showcase of Hollywood's triumphs and advancements, spotlighting its emergence as a pioneering city and a premier destination.
10:40 AM 10:50 AM	Stretch Break
10:50 AM 11:00 AM	Keynote - Pompano Beach Mayor Rex Hardin
11:00 AM 11:45 AM	KEYNOTE PANEL - Pompano Beach Pulse A thorough examination, through the eyes of top developers, of Pompano Beach's evolution as it emerges as a key player in Broward County's development narrative.
11:45 AM 12:30 PM	Fort Lauderdale Flourish: The Heartbeat of Broward's Evolution A deep dive into Fort Lauderdale's multifaceted growth, exploring its transformation as Broward County's epicenter of culture, commerce, and community
12:30 PM 12:45 PM	Closing Networking

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Broward County State of the Market

CRE Insights and Opportunities in Fort Lauderdale, Pompano Beach, Hollywood, and Beyond

Speakers and Panels

Mayoral Keynote Addresses

Dean Trantalis

Josh Levy

Rex Hardin

Broward Mosaic: Diverse Perspectives on a Dynamic County

Noah Bachow

Austin Fox

Mike MacDonald

Shawn Oden

Hollywood Highlight: Unveiling the Renaissance Underway in a City on the Rise

Timothy Wheat

Raelin Storey

Jorge Camejo

Jacob Breakstone

Craig Studnicky

Pompano Beach Pulse: Navigating Growth in Broward's Hidden Gem

Nick Perez

Dev Motwani

Edgardo Defortuna

Maria Johnston

Fort Lauderdale Flourish: The Heartbeat of Broward's Evolution

Jimmy Tate

Harvey Hernandez

Doron Broman

John Boyd

Dan McCawley

Why You Should Attend

Venue

Agenda

Sponsors

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