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The Ansin Outlook: What’s Next for Miami Real Estate

An Inside Look at Andy Ansin’s Transformative Projects and Vision for a New Miami

Andy Ansin

Andy Ansin

CEO

Sunbeam Properties

Robert Gilman
Moderator

Robert Gilman

Principal

Baker Tilly x Anchin

Robert Gilman

Moderator

Baker Tilly x Anchin

Robert Gilman, CPA, CGMA, is a Principal at Baker Tilly x Anchin . His practice covers a wide range of services for his clients who are mainly involved in the commercial, residential and development of real estate. These services include due diligence on acquisitions, tax structuring on deals, securing financing, and assisting with client investor relations for both domestic and international investors. Rob also advises clients with financial and estate planning, budgeting, tax planning, and cash flow strategies.

Rob is a member of the American Institute of Certified Public Accountants (AICPA), the New York State Society of Certified Public Accountants (NYSSCPA) and the Real Estate Board of New York (REBNY). He is involved with a number of Real Estate industry organizations and is actively involved with the Long Island Chapter of the March of Dimes, which he was recently honored for.

Building Miami: What It Takes to Capitalize a Deal Today

How rising costs, tighter debt and shifting tax exposure are reshaping which projects actually break ground.

Arturo Vidal

Arturo Vidal

Founding Partner & VP-Finance

North Development

Adam Tiktin

Adam Tiktin

Founder & CEO

United Capital

Modesto “Mo” Millo

Modesto “Mo” Millo

Senior Vice President

KAST Construction

Andrew Dansker

Andrew Dansker

CEO

Dansker Capital Group

Aaron Appel

Aaron Appel

Sr. Managing Director & Co-Head Institutional Capital

Walker & Dunlop

Tim Hart

Tim Hart

Partner

Property Tax Alliance Group

Shawn Oden
Moderator

Shawn Oden

Managing Director

BMO Commercial Bank

Arturo Vidal

Founding Partner & VP-Finance

North Development

Arturo Vidal, CFA, is a seasoned financial professional with extensive experience in real estate development and finance. He is a Partner and VP of Finance at North Development Group, where he leads financial strategy and execution for high-rise condominium projects totaling more than 1,500 units across South Florida. Arturo is a CFA charterholder, a designation recognized globally for its rigorous emphasis on investment analysis, ethics, corporate finance and portfolio management. He holds a Master of Business Administration (MBA) in Real Estate and a Master of Science in Finance (MSF) from the University of Miami, where he graduated with high honors, as well as a Bachelor of Arts in Economics and Computer Science from Middlebury College.

Adam Tiktin

Founder & CEO

United Capital

Adam J. Tiktin is the Founder and CEO of United Capital, a South Florida-based commercial real estate private equity, investment and advisory firm specializing in the acquisition and development of multifamily, mixed-use and commercial properties.

Tiktin leads United Capital’s strategic growth, overseeing the firm’s acquisitions, commercial transactions, development joint ventures, portfolio investments and private equity initiatives. Under his leadership, United Capital pursues opportunistic and value-add investments, leveraging more than 30 years of industry relationships to identify off-market opportunities and create value through acquisition, re-tenanting, repositioning and development.

Among the firm’s current investments are Ives Plaza, a 56,841-square-foot neighborhood shopping center in Miami Gardens; Kendall Square, a 17,545-square-foot neighborhood shopping center in Miami; the redevelopment of Park Maitland Square, a neighborhood retail center in Maitland; and Aura NMB, a 533,835-square-foot mixed-use development in North Miami Beach.

With more than three decades of commercial real estate experience, Tiktin has completed more than 500 transactions totaling over $3 billion across the United States. His career includes 15 years with Marcus & Millichap, where he served as First Vice President, before founding Tiktin Real Estate Investment Services. As President of TREIS, he built and led the brokerage firm through its acquisition by Franklin Street in 2021. 

Tiktin holds a Bachelor of Science in Management from Tulane University’s A.B. Freeman School of Business. Before launching his real estate career, he worked as a CPA with Price Waterhouse.

A Miami native, Tiktin serves on the Advisory Board of Florida International University’s Hollo School of Real Estate and is actively involved in philanthropic initiatives locally, nationally and internationally.

Modesto “Mo” Millo

Senior Vice President

KAST Construction

Modesto “Mo” Millo is Senior Vice President and Division Manager of the Miami Business Unit for KAST Construction, one of Florida’s largest privately held construction management firms. Since launching KAST’s Miami operations in 2017, Mo has helped establish the business as one of South Florida’s leading builders, delivering many of the region’s most notable residential, hospitality, mixed-use and educational projects.

With more than 25 years of experience in the construction industry, Mo oversees business development, preconstruction, operations and client relations for the Miami market. Throughout his career, he has led the successful delivery of complex projects while building strong relationships with clients, design teams, trade partners and industry partners.

A graduate of the University of Miami College of Engineering, Mo is passionate about developing future industry leaders and fostering a people-first culture centered on safety, teamwork, innovation and excellence. He currently serves on the Advisory Board of the University of Miami’s Murphy Construction Program, helping bridge the gap between academia and industry while supporting the next generation of construction professionals.

Outside of his professional responsibilities, Mo is a dedicated advocate for the special-needs community, supporting organizations and initiatives that promote inclusion, opportunity and awareness for individuals and families navigating developmental and physical challenges.

Andrew Dansker

CEO

Dansker Capital Group

Andrew Dansker is the CEO and founder of Dansker Capital Group, a national mortgage brokerage firm with six U.S. offices and one international office. He oversees a team of 30 professionals originating commercial mortgage debt across all major asset types, with a particular focus on retail and multifamily properties. The firm primarily arranges bank and credit union financing while also executing agency, CMBS, life company, and bridge loan transactions as appropriate. Since its establishment as an independent company in 2020, Dansker Capital Group has placed well over $3 billion in commercial real estate loans nationwide.

Andrew believes the middle-market debt marketplace is under-served by professional, high-quality national firms and sees a significant opportunity for an enterprising company to fill that gap. His leadership vision is to build an organization that delivers institutional-quality service, execution, and results to the national middle-market debt space.

Andrew is a published industry commentator whose writing on the real estate lending market has appeared in The Commercial Observer, Real Estate Weekly, and New York Real Estate Journal. He is also a frequent industry speaker and contributor at conferences and events organized by Bisnow, GlobeSt, Interface, Commercial Observer, ConnectCRE, and other leading commercial real estate platforms. He has more than 15 years of experience in the real estate industry. Andrew earned a Bachelor of Arts in Political Science from the University of Chicago and a Juris Doctor from New York University School of Law.

Tim Hart

Partner

Property Tax Alliance Group

Tim has over 25 years of experience in the property tax field, focusing on all types of commercial, industrial and multi-family properties. Prior to PTAG, Tim worked for a national property tax consulting firm and also worked with a local County Property Appraiser in Florida.

Where Miami Is Expanding Next: The Submarkets Shaping the Region's Next Wave of Development

Ground-level views from the people building in Coconut Grove, South Dade, the Design District, North Miami and beyond.

Michael Berkowitz

Michael Berkowitz

President

Berkowitz Development Group

Jay Roberts

Jay Roberts

CEO

Prosper Group

Joe DaGrosa

Joe DaGrosa

Chairman & Founder

DaGrosa Capital Partners LLC

Spencer Morris

Spencer Morris

EVP

The Allen Morris Company

John Planz

John Planz

General Manager

Suffolk Construction

Tyler Weiss
Moderator

Tyler Weiss

Head of Florida Real Estate Surety

Willis Towers Watson (WTW)

Joe DaGrosa

Chairman & Founder

DaGrosa Capital Partners LLC

Joseph DaGrosa, Jr. is the Founder and Chairman of DaGrosa Capital Partners LLC (“DCP”). Mr. DaGrosa has over 30 years of experience in successfully investing across a wide range of industries including sports & entertainment, retail, food & beverage, insurance, real estate, hospitality, healthcare, and aviation. To date, Mr. DaGrosa has led investments of approximately $2 billion in capitalized transactions.

Mr. DaGrosa also serves as Chairman of a number of DCP’s portfolio companies including: Axxes Capital, an asset management platform focused on providing investment solutions to the underserved accredited investor marketplace worldwide; Kapital Football Group LLC, a soccer platform holding company that invests in controlling and influential minority stakes in leading soccer clubs and academies globally; and Soccerex Ltd., the world’s largest organizer of soccer business conferences. Mr. DaGrosa also served as Chairman of GACP Sports LLC, which acquired F.C. Girondins de Bordeaux, a first division French soccer team.

In 2019, Mr. DaGrosa co-founded and served as Co-Chairman of Quinn Residences, a $900 million real estate investment trust focused on the acquisition and development of single-family home rentals in prime rental-growth markets throughout the United States. Quinn Residences is now one of the fastest growing companies in the single-family home rental market.

Previously, Mr. DaGrosa was Co-Founder and Senior Partner at 1848 Capital Partners LLC (“1848”), where he was responsible for all aspects of the firm’s private equity investments. In 2003, Mr. DaGrosa and his partners formed Heartland Food Corp. (“Heartland”), an acquisition vehicle that acquired 248 Burger King franchises out of bankruptcy, and successfully co-led the turnaround and sale of Heartland to GSO Capital (now part of Blackstone). In 2008, Mr. DaGrosa co-led the acquisition of Jet Support Services Inc. (“JSSI”), the world’s largest independent provider of warranty and insurance programs for the maintenance of private jets. Mr. DaGrosa served as Vice-Chairman and Co-Chief Investment Officer of JSSI until the sale of the company in 2020 to GTCR.

Prior to 1848, Mr. DaGrosa was a Partner at Maplewood Partners LP, a Miami-based private equity firm, where he served as Chief Administrative Partner and Co-Head of Transactions. Mr. DaGrosa began his career in 1986 at Paine Webber, Inc. in the firm’s Capital Markets Division.

Mr. DaGrosa serves on the board of directors for Soccerex Ltd., and Brazil Tower Company LP, and previously served on the board of Global Crossing Airlines Group Inc., Eastern Airlines Group Inc., and SMobile Systems, Inc. He also serves on the board of Camillus House, a non-profit organization focused on meeting the needs of Miami’s homeless citizens.

Mr. DaGrosa holds a Bachelor of Science degree in Finance, Accounting and Statistics from Syracuse University.

Spencer Morris

EVP

The Allen Morris Company

W.A. Spencer Morris is Executive Vice President of Allen Morris Residential. He is responsible for overseeing the company’s $1.2 billion development pipeline. His focus is on strategic planning, acquisitions, as well as structuring and financing mixed-use projects throughout the Southeast. Since joining the firm in 2016, Spencer has acquired and developed key assets in Georgia. Previously, Spencer served as Assistant Project Manager on the 58-story, 1.3 million square foot SLS LUX-Brickell hotel and condominium as well as on other projects with The Related Group in Miami, Florida.

Spencer was born and raised in Coral Gables. He graduated with an International Baccalaureate diploma from The American School in Switzerland. He received his BS Degree in Political Science & Spanish from Boston University.

John Planz

General Manager

Suffolk Construction

As General Manager of Suffolk’s Miami office, John Planz oversees the financial

and operational performance of some of the region’s most complex projects, most

recently the historic Delano Hotel. He provides strategic guidance to project teams,

evaluates preconstruction and construction progress, and ensures that Suffolk’s

expertise and resources align seamlessly with client goals. With more than 41 years

of industry experience, John is widely recognized for his strong leadership and his

ability to unite diverse project teams around a shared vision.

Before assuming his current role, John served as Chief Operating Officer, where he

led the execution of major initiatives including All Aboard Florida’s MiamiCentral.

Previously, as Project Executive, he managed a broad portfolio of work such as the

award-winning Torrey Pines Institute for Molecular Studies, Atlantech Plaza, and

the Cosmopolitan in Miami Beach.

John’s early career was rooted in electrical contracting with a large national firm

specializing in industrial and institutional facilities. Rising through estimating and

project management roles, he ultimately became Division Manager for Tri-City

Electrical Contractors, where he successfully established and expanded the

company’s South Florida office.

A subject matter expert in lean construction, John plays an active role in the

development, training, and implementation of these practices across the company.

Throughout his career, he has been invited to speak at numerous industry events,

including a design conference in Germany for the Max Planck Institute.

John holds a Bachelor of Science in Electrical Engineering from Gannon University

and is a longtime Miami resident. Outside of work, he is an avid endurance athlete

who has completed more than 100 marathons, finished 18 Ironman races, and

successfully completed six 100-mile ultramarathons.

Tyler Weiss

Moderator

Willis Towers Watson (WTW)

Tyler serves as Head of Florida Real Estate Surety for Willis Towers Watson (WTW), a

publicly traded insurance advisor and brokerage firm. In his role, Tyler is focused on

identifying opportunities and applications for the placement of surety bonds on behalf of

Florida based residential and commercial real estate (CRE) developers. Additionally,

Tyler serves as a member of WTW’s CRE Developer Platform alongside a team of

experts specializing in the placement of insurance tools, products, and services

specifically designed for CRE Developers across every stage of project development to

ensure continuity from concept to completion.

Prior to joining WTW, Tyler worked in Wells Fargo’s CRE Group for 17 years and was

most recently Managing Director and Head of Florida Balance Sheet Originations in the

Real Estate Banking Division. In that role, Tyler originated unsecured and secured loans

across all major product types to clients ranging from private CRE developers to large

institutional, multi-national entities. Further, Tyler managed and monitored a diversified

debt portfolio of over $3Bn and co-led a workstream to enhance property insurance

policies across the CRE enterprise.

In addition to his work responsibilities, Tyler is a member of the 2026 Leadership

Institute class of the Urban Land Institute (ULI). He previously served as President of

the South Florida Chapter of the Real Estate Lenders Association (RELA) from 2024-

2025 and a Chapter Officer from 2022 – 2024. Tyler graduated with a Bachelor of

Science degree from the University of Southern California Marshall School of Business

and holds a Chartered Alternative Investment Analyst (CAIA) designation. He lives in

Coral Gables with his wife, two sons, and dog.

The New Development Math: What Gets Built and Where

How developers are rethinking sites, product types, amenties and risk in 2026

Laura Tauber

Laura Tauber

Principal

TAUBCO

Anthony Rinaldi

Anthony Rinaldi

President and CEO

Rinaldi Group

Barry Goldstein

Barry Goldstein

CEO

Tillman Digital Cities

Heidi Wigand

Heidi Wigand

Vice President

Cumming Group

Leo Martinez
Moderator

Leo Martinez

VP

Celerity Fiber

Barry Goldstein

CEO

Tillman Digital Cities

Barry Goldstein is an accomplished global executive with more than 30 years of strategic

leadership experience, including over 25 years in the hospitality sector. Widely recognized as a

transformative leader, Barry excels at driving revenue growth and delivering measurable results

by aligning sales, marketing, digital, and technology functions. His leadership is defined by a

proven ability to navigate complex organizational change, foster influential relationships, elevate

customer experiences, and consistently achieve strong financial outcomes.

Throughout his career, Barry has led organizational turnarounds by establishing clear strategic

direction, enhancing operational performance, and leveraging innovation and technology to fuel

sustainable growth. His forward-looking mindset has enabled companies to outperform in highly

competitive and rapidly evolving markets.

Most recently, Barry served as CEO of Arch Amenities Group, a premier provider of amenity

management and consulting services for residential and commercial real estate, hotels, resorts,

and private clubs. He has also held senior executive positions at Wyndham Hotels & Resorts,

Starwood Hotels, Cisco Systems, and Panasonic. Barry holds a Bachelor of Science from

Columbia University and is a graduate of the Executive Management Program at Harvard

Business School.

Heidi Wigand

Vice President

Cumming Group

Heidi Wigand is Vice President at Cumming Group, a global project management, cost management, and real estate consulting firm with more than 2,500 professionals across 60+ offices worldwide. She leads South Florida's owner's representation and project management practice, overseeing many of the region's most significant development, redevelopment, and capital improvement projects.

Her current portfolio includes major financial institutions expanding their Miami presence, luxury residential and hospitality developments, and the redevelopment of TradeWinds Resort in St. Pete Beach. Throughout her career, Heidi has helped deliver landmark projects including the Miami Beach Convention Center renovation, Miami Worldcenter, the Patricia and Phillip Frost Museum of Science, Fisher Brothers' Joule House Miami, and the Finker-Frenkel Wish House for the Make-A-Wish Foundation of Southern Florida. Cumming Group is widely recognized throughout Florida for delivering complex luxury residential, hospitality, corporate, and mixed-use developments.

A South Florida native, Heidi has spent nearly three decades helping shape the region's built environment and the past decade growing Cumming Group's South Florida operations and owner's representation practice. She is a licensed Florida General Contractor and holds CCM, PMP, and LEED AP credentials. Heidi also serves on the City of Miami's Wynwood Design Review Board, where she contributes to the thoughtful growth of one of the city's most dynamic neighborhoods. She is recognized for her collaborative leadership, deep understanding of Florida's development and regulatory landscape, and longstanding relationships that help clients successfully navigate complex projects from vision through completion.

Miami’s Next Residential Cycle: Positioning for the Supply Shift

Where demand, absorption and slowing starts are creating the next opportunities for housing investment and development

Lissette M. Calderon

Lissette M. Calderon

Founder & CEO

Neology Group

Jeffrey Ardizon

Jeffrey Ardizon

Principal

The Estate Companies

Matthew Baron

Matthew Baron

President

Baron Property Group, LLC

Andrew Barrocas

Andrew Barrocas

CEO

MNS

Chad Musgrove

Chad Musgrove

Executive Director, Agency Financing

PGIM

Javier Vazquez
Moderator

Javier Vazquez

Shareholder

Gunster

Lissette M. Calderon

Founder & CEO

Neology Group

Lissette M. Calderon is the Founder and CEO of Neology Group, a vertically integrated real

estate firm known for design-led development, cultural relevance, and disciplined

execution. Under her leadership, the firm develops residential platforms across a range of

neighborhoods, creating intentionally designed environments that deliver durable, risk-

adjusted returns.

Founded on Calderon’s belief that cities evolve neighborhood by neighborhood, Neology

integrates development, construction oversight, and operations to bring clarity, identity,

and cohesion to both established and emerging districts. The firm has delivered over 3,000

residential units across Miami’s urban core, with a portfolio spanning nearly 5 million

square feet and valued at more than $2 billion. An additional 2,000+ units are in pre-

construction and permitting across South Florida.

A Miami native, Calderon began her impact along the Miami River with Neo Lofts, a

pioneering residential development that helped catalyze the river’s transformation. She has

since expanded that approach to neighborhoods like Allapattah, with developments

including No. 17 Residences, The Julia Residences, Fourteen Main Street Residences, and

most recently, the Rubell Arts District.

Calderon earned a Bachelor of Science in Economics, magna cum laude, from the

Wharton School at the University of Pennsylvania.

Jeffrey Ardizon

Principal

The Estate Companies

Jeffrey Ardizon is Principal at The Estate Companies, a Miami-based full-service, vertically integrated developer, owner and operator of residential communities throughout the tri-county region, and one of the largest and most active multifamily developers in Florida. The firm is best known for its institutionally recognized Soleste brand which features Class A multi-family communities throughout South Florida’s urban core and submarket locations.

Mr. Ardizon has been credited for identifying and evaluating off-market opportunities, temporary market dislocations, special workouts, overall capitalization and general overall direction of the firm. The Estate Companies has implemented its strategic plan is to increase its focus on development in Broward and Palm Beach counties, and has many luxury projects in various stages of development including Pompano Beach, Dania Beach, Riviera Beach, West Palm Beach, three projects in Hollywood, two in North Miami Beach, and Spring Gardens, among others. Mr. Ardizon was instrumental in structuring and executing one of South Florida's first opportunity zone transactions, Soleste Grand Central, a 360-unit Class A multifamily project in Downtown Miami.

Prior to joining The Estate Companies, Mr. Ardizon was the co-founder and principal of ECI, a real estate investment, management and development firm based in South Florida. The firm focused on providing GP/LP equity and debt for multi-family real estate developments and value-add opportunities across a diverse portfolio of asset classes. During that time, Mr. Ardizon was credited for strategically structuring and creating one of the more notable single-family offices in South Florida. Mr. Ardizon began his real estate career with one of the largest nationally ranked advisory firms in the country, where he led the firm's real estate practice for nearly a decade. He represented some of the largest real estate developers, REIT’s, operators and sponsors in the region. Under his leadership, the firm was awarded the top real estate tax firm by various publications. Mr. Ardizon was a top revenue producer for the firm and quickly gained industry recognition as a leading go-to advisor, advising clients on over $3 billion in transactional value.

Matthew Baron

President

Baron Property Group, LLC

Matthew M. Baron is the President of Baron Property Group. Since 2005, Matthew has acquired and developed over $1.5 billion worth of property in NY and Los Angeles.

Mr. Baron currently sits on the Board of Directors of the Long Island City BID, and is also a member of the Board of Directors of Doorkee, which is a company he helped found. Mr. Baron was also an Adjunct Lecturer at New York University’s School of Continuing and Professional Studies where he taught a course on Real Estate Development.

Mr. Baron holds a BS in Finance from NYU Stern and an MBA from Columbia Business School.

Andrew Barrocas

CEO

MNS

Andrew Barrocas has enjoyed success as a dominant force and respected authority in the New York City

real estate industry for many years. In his accomplished career, he has sold over $10-billion worth of

property, and managed, trained, recruited and collaborated with the city's top agents and brokers. As

CEO and Founder of MNS, Andrew currently oversees more than a billion dollars’ worth of real estate, as

well as an exceptional team of talented agents and project managers focused on providing the utmost

level of client service.

Andrew entered the real estate field after graduating from the WP Carey School of Business at Arizona

State University. He went on to achieve instant success and recognition as one of the "Top 30 Brokers

Under 30", according to The Real Deal. Over the years, Andrew has been a continually sought-after

expert on real estate who has been featured in The New York Times' "The 30-Minute Interview", quoted

in all major New York publications, and spotlighted on The Stoler Report.

Since founding MNS in 2006, Andrew has grown the company substantially in terms of its revenue and its

team, which is now over 125 people. He also serves his industry as a licensed teacher through the State

of New York, passing on his knowledge and array of professional experience of real estate sales to real

estate brokers and salespersons.

Andrew is also an active member of The Real Estate Board of New York (REBNY), The Community

Housing Improvement Program (CHIP), Young Jewish Professionals (YJP) and Young Presidents

Organization (YPO). He and his wife Rachel are the proud parents of three beautiful girls – Cayden, Ella

and Zoe.

Chad Musgrove

Executive Director, Agency Financing

PGIM

Chad Musgrove is an Executive Director at PGIM, based in Miami, Florida. In this role, Chad is

responsible for driving multifamily loan production, cultivating and managing key client

relationships, and delivering customized financing solutions through Fannie Mae, Freddie Mac, and

FHA-HUD executions with additional access to the firm’s proprietary capital sources and bridge

loan capabilities. With a deep understanding of Agency loan products and credit processes, Chad

plays a pivotal role in supporting institutional investors and borrowers across the Southeast and

beyond.

Before joining PGIM, Chad served as Senior Vice President at M&T Realty Capital Corp.

(MTRCC), where he launched the firm’s Florida operations and originated over $500 million in

multifamily loans and structured credit facilities. His career also includes leadership roles at Orix

Real Estate Capital (Lument), Hunt Real Estate Capital, and Centerline Capital Group, where he

structured and managed over $1.5 billion in loans.

Chad’s expertise spans permanent Agency financing, balance sheet bridge loans, construction

financing, preferred equity, and mezzanine debt, with a proven ability to advise clients on complex

transactions through financial analysis, market research, and risk assessment.

Chad began his career in New York, gaining experience in underwriting, credit analysis, and

strategic business development at Auriemma Consulting Group, Coleman Research Group, and the

NYC Department of Finance. His early roles provided a strong foundation in financial services,

market research, and corporate strategy.

Chad holds a Bachelor of Arts in Economics from Columbia University. He is actively involved in

the real estate and local community, having served on the board of Rebuilding Together

Miami-Dade and as Vice President of the Real Estate Lenders Association – South Florida. Chad is

also a member of the Urban Land Institute, Mortgage Bankers Association, Real Estate Lenders

Association, 100 Black Men of South Florida, and Omega Psi Phi Fraternity, Inc.

Javier Vazquez

Moderator

Gunster

Javi Vazquez is a land use and zoning attorney focused on helping developers, property owners and builders navigate the complex web of entitlements and required governmental approvals to realize transformative real estate projects throughout South Florida.

Javi's practice spans large-scale residential communities, mixed-use urban centers, educational institutions, medical complexes, industrial facilities, and retail development projects. His work includes zoning approvals, land use plan amendments, variances, site plan approvals and most other entitlements required for his clients and their proposed developments. Javi’s work also includes existing developments and the various regulatory issues property owners face, such as code enforcement violations and fine reductions.

Javi regularly appears before planning and zoning boards, municipal commissions, and administrative agencies, including the Department of Environmental Resources Management (DERM). He is deeply experienced in jurisdictions including Miami-Dade County, City of Hialeah, City of Miami, Homestead, Florida City, North Miami Beach, and others across the region.

Often engaged early in a project’s life cycle, Javi represents clients ranging from national homebuilders and institutional investors to local entrepreneurs and nonprofit organizations, collaborating with their architects and design teams to untangle problems and shape proposals to position them for approval. He is skilled in identifying potential roadblocks and developing strategies to resolve them efficiently.

Javi draws on longstanding relationships with planning directors, municipal staff, and elected officials to advance his clients’ interests. Strategic and experienced, Javi understands how to get projects built, which is especially helpful in getting them approved.

Entitlements, Environmental Risk & the Path to Breaking Ground

What it takes to move a complicated site — wetlands, contamination, zoning fights — from acquisition to permit

Fernando de Nuñez y Lugones

Fernando de Nuñez y Lugones

CEO

Vertical Developments

Andrew Hellinger

Andrew Hellinger

Co-Principal

UrbanX Group

Matthew Maffai

Matthew Maffai

Managing Director

Marsh

John Chibbaro
Moderator

John Chibbaro

Shareholder

Greenberg Traurig

Andrew Hellinger

Co-Principal

UrbanX Group

Andy along with his Co-Principal at UrbanX, Coralee Penabad, are the developers behind the River Landing Shops & Residences, an 8.14-acre-mixed use development under construction on the Miami River and the catalyst for development in the neighboring Allapattah community. River Landing is a modern urban lifestyle center bringing national retailers, shops, restaurants, office, entertainment and a waterfront linear park to Miami’s riverfront for residents and visitors. River Landing is creating a waterfront shopping and dining destination to serve rising neighboring communities such as the Miami Health District -- which enjoys one of the largest day-time populations in Florida--, downtown Miami, Allapattah, Little Havana and more. It will consist of approx. 345,000 square feet of retail/commercial space, 135,000 square feet of office, 528 market-rate apartments, more than 2,000 parking spaces and a landscaped Riverwalk. Future tenants include Publix Super Markets, Burlington Stores, TJ Maxx, West Marine, Ross Dress For Less, AT&T, Old Navy, Chick-Fil-A and Hobby Lobby.

Andrew can speak to the state of the construction, retail, lending and CRE industry during the Coronavirus crisis. He can compare - up to a certain point - the impact of the current financial crisis versus the economic crisis of 2008-2011. Back then, he did a lot of work disposing distressed assets for other developers.

Matthew Maffai

Managing Director

Marsh

Matthew leads Marsh’s Southeast Construction Practice. An expert in project specific construction risk, Matthew spend the majority of his time working directly with clients on project strategy, planning and building resources and bespoke market solutions. Highly focused on delivering service excellence, Matthew and his team can provide construction

expertise nationally and have extensive experience in high-risk projects as well as a deep understanding of solutions and markets designed for unique geographically challenged exposures across varied project types: multi-family, condominium, master plan communities, SFR/BTR, mixed-use, office, adaptive reuse/renovation, rail/civil infrastructure,

airports/seaports, manufacturing, and entertainment venues.

Prior to joining Marsh in June of 2021, Matthew led Aon’s Construction Service Group for the state of Florida.

A two-time University of Miami graduate, Matthew has called Miami home for the past 24 years.

John Chibbaro

Moderator

Greenberg Traurig

John Chibbaro focuses his legal practice on complex environmental and land use matters. He advises developers, utilities, and other clients on all aspects of development, including permitting and entitlement strategy, contamination assessment and remediation, and government approvals, as well as related political and public relations considerations. John represents clients before local, state, and federal agencies and regularly advises on wetlands and coastal permitting matters, including those implicating U.S. Army Corps of Engineers guidelines and the Endangered Species Act. His practice is national and multi-jurisdictional in scope, with experience across infrastructure, retail, transit, and residential and industrial development. He has represented national homebuilders in Florida and other states in pre-acquisition site analysis and post-acquisition remediation. His work also includes developing environmental diligence and remediation strategies, negotiating environmental provisions in transactional documents, navigating state remediation and brownfield programs, and evaluating environmental insurance options.

Retail, Reuse & Reinvention: How Miami's Mixed-Use Districts Get Built to Last

How a curated tenant mix, design and community identity turn a project into a place that resonates, reinvents itself, and endures for decades.

Michael Comras

Michael Comras

CEO

Comras Company

Joseph Furst

Joseph Furst

Founder, Managing Principal

Place Projects

Carlos Rosso

Carlos Rosso

Founder

Rosso Development

Scott Sherman

Scott Sherman

Founder and Principal

Torose Equities

Andrew Burnett

Andrew Burnett

CEO

RSP Architects

Rafael Romero

Rafael Romero

Regional Managing Director

Franklin Street

Anthony Iandoli
Moderator

Anthony Iandoli

EVP

JRM

Michael Comras

CEO

Comras Company

Michael Comras is President and CEO of The Comras Company of Florida, a Miami Beach-

based full-service real estate brokerage company founded in 1992. Comras specializes in the

leasing and sale of urban and suburban retail properties across South Florida. As a principal in

various development entities, Michael also has been involved in the construction, leasing and

sale of properties that have evolved into some of the region’s top retail and entertainment

destinations.

Michael’s talent for seeing transactions from the perspectives of both owners and tenants has

generated phenomenal success for once-languishing urban cores. He is extremely active in

Miami’s emerging neighborhoods, including the burgeoning Wynwood Arts District, Coconut

Grove, Design District and Downtown Miami. His influence also stretches beyond Miami’s urban

core through various leasing assignments in Miami-Dade, Broward, and Palm Beach Counties.

Clients represented by or located in a Comras property include Polo Ralph Lauren, Sephora,

Nike, Forever 21, Apple, Le Pain Quotidian, Capital One Bank, BCBG, J Crew, Madewell,

Sephora, Suit Supply, Lucky Strike, Bonobos, Sugarcane, and Tesla to name a few.

On Miami’s mainland, Comras recently spearheaded the investor groups’ acquisitions of the

lifestyle centers CocoWalk in Coconut Grove and Shops at Sunset Place in South Miami. His

latest venture, BLVD at Lenox, a 200,000 square foot, multi-story retail development, features

Target’s long-awaited debut on South Beach. Among the firm’s renown redevelopment

achievements are the conception of Miami Beach’s Collins Avenue Fashion District and the

renaissance of the historic Lincoln Road promenade. These achievements have culminated in

Comras’ $370 million sale of an entire Lincoln Road blockfront, the largest sale of a retail

property in Miami-Dade County history.

New York-born, Comras holds a BA from the University of Miami and an MBA in banking and

finance from Pace University. A licensed real estate broker in the state of Florida, he is an active

member of the International Council of Shopping Centers and the Realtor Association of Greater

Miami and the Beaches. Comras participates in several business improvement districts and

civic committees. He serves on the University of Miami Real Estate Advisory Board and is a

sought-after panelist for real estate programs organized by ICSC and a variety of commercial

real estate news providers. A former chairman of The Lincoln Road Marketing Association, he

has also served on the Miami Beach Mayor’s Blue-Ribbon Task Force on Tourism-Retail-

Nightlife/Dining. Charitable activities include The AIR Society of National Jewish Health

(founding member), Women of Tomorrow, Bass Museum, Mount Sinai Medical Center and

Miami Children’s Hospital.

Carlos Rosso

Founder

Rosso Development

Carlos Rosso is the Founder of Rosso Development, a fully integrated development firm focused on high-end boutique development opportunities. Rosso is set to oversee multiple upcoming awe-inspiring projects in key markets in South Florida and Latin America—with the first ever The Standard Residences in Midtown Miami as his debut project. Rosso founded Rosso Development in 2020 after nearly 20 years with The Related Group, where he was a driving force behind the company’s condominium operations. As the president of the condominium and international development divisions, he oversaw all facets of condominium development domestically and internationally.

Over the course of his career, Rosso developed well over 16,000 units, and in the process, mastered diverse development disciplines including construction, project financing, land acquisition and sales and marketing. Under his leadership, Related successfully delivered iconic projects including the 1,600 unit Paraiso District in Miami; Residences by ARMANI/CASA designed by César Pelli; Hyde Beach House; Park Grove by OMA/Rem Koolhaas; Auberge Beach Residences and Spa in Fort Lauderdale; SLS Cancun & Residences in Mexico; and V:HOUSE in Brazil.

Prior to his time at Related, Rosso held a number of positions across global development firms, having served as Vice President of Real Estate Development for Investment Properties Ltd. in Boston; and ten years as Project Director for Besix International, overseeing the development and construction of over ten million square feet of multi-family, hotel and office buildings in Europe, the Middle East and Africa.

Rosso graduated summa cum laude from the Universidad de Buenos Aires with a master’s degree in Architecture. He also earned a master’s degree in Real Estate Development and Finance, with the highest honors, from the Massachusetts Institute of Technology (MIT). www.rossodev.com

Scott Sherman

Founder and Principal

Torose Equities

Scott Sherman is Founder and Principal of Miami-Based Torose Equities. He is responsible for the firm's strategic direction, sourcing investment opportunities, capital markets and operations. Torose is a real estate investment firm with several different verticals, including a value-add urban retail, office, and mixed-use strategy within the Southeastern United States.

Prior to launching Torose, Scott co-founded Tricera Capital where he led the charge on strategic direction, capital markets and sourcing investment opportunities. In this role, Scott built a portfolio in excess of $700M over five years and consistently delivered returns in excess of 20% IRR and a 2x multiple across realized investments. Scott maintains ownership and major decisions across the Tricera portfolio and continues to be a minority owner of Tricera Capital.

Previously, Scott was Vice President of Acquisitions at Thor Equities. He was responsible for acquisitions in the Southeast United States including Miami, Washington, DC, Nashville, Austin and Charleston. Additionally, he was a key member of Thor’s expansion into Montreal, London and France. At Thor, Scott completed in excess of $2 Billion of acquisitions focusing on urban retail and mixed-use assets. Prior to Thor, Scott was the Director of Acquisitions at Becker Brothers where he was responsible for sourcing and executing value-add strategies across the Northeast and Mid-Atlantic U.S. During his tenure at Becker Brothers, he managed a mix of asset types including retail, office and parking garages. Before Becker Brothers, Scott began his career at Ernst & Young in the Transaction Real Estate Advisory group where he also obtained his CPA license in the state of NY.

Scott is a native of South Florida and currently resides in Miami with his wife Laura, son Lucas, and daughter Lily. He received his MS and BS in Accounting from the University of Florida where he graduated Summa Cum Laude. Scott is a member of ICSC, and CIASF, in addition to several philanthropic organizations he dedicates time to in his community.

Rafael Romero

Regional Managing Director

Franklin Street

Rafael Romero is a commercial real estate broker and strategic consultant, specializing in retail and mixed-use assets from pre-development to disposition. As Regional Managing Director for Franklin Street’s Miami office, he is responsible for strategic growth, recruiting, business development, landlord and tenant representation, and provides consulting services for several institutional clients throughout Florida.

He brings well over a decade of experience to Franklin Street’s dynamic retail team. As one of South Florida’s leading retail professionals, he is experienced in planning for and executing lease-ups for mixed-use and lifestyle projects. Rafael has helped shape and implement the vision of several projects, including procuring and negotiating lease transactions with multiple award-winning restaurant concepts, fitness operators, retailers, and complementary service providers.

He has received several recognitions for performance, including multiple CoStar Power Broker awards, the JLL Platinum Achiever award, and others.

Anthony Iandoli

Moderator

JRM

As the Principal In Charge of JRM South, Anthony leads his team in

executing strategic construction plans by establishing priorities and

determining resource allocation to guarantee that projects are delivered

both efficiently and effectively.

Leading a team of Project Directors, Project Managers and

Superintendents, Anthony is responsible for the proper administration of all

construction contracts and the documentation of all necessary information.

With over 30 years of experience, Anthony has managed a variety of

construction projects ranging from minor renovations to multi-floor interior

fit-outs for Fortune 500 companies, law firms, financial services and

banking firms, schools, and entertainment firms.

Dining as Destination: How Miami's Top Restaurateurs Are Redefining Hotel Hospitality

Inside the branding, guest experience and growth strategy behind Miami's most in-demand hotel dining concepts.

David "Papi" Einhorn

David "Papi" Einhorn

Co-Founder & Partner

Papi Steak

Georgios Vogiatzis

Georgios Vogiatzis

President

Georgios Hospitality

Andrea Marzullo

Andrea Marzullo

Director

Sexy Fish Miami

Gustavo Montes

Gustavo Montes

Executive Chef | Culinary Director | Founder

GM Culinary

Russell Galbut
Moderator

Russell Galbut

Founder & Chairman | GFO

Co‑Founder & Managing Principal | Crescent Heights

Andrea Marzullo

Director

Sexy Fish Miami

Andrea Marzullo is the VIP Director at Sexy Fish Miami, where he leads high-end nightlife operations for the venue's top-tier clientele. He built his career at Sexy Fish over the past 5 years, from Captain into his current role as VIP Director. Over more than a decade in luxury hospitality across Miami, New York, and Europe, Andrea has developed a reputation for building and cultivating relationships with Miami's finest clientele. Fluent in English, Italian, and Spanish, with working French, he brings a global perspective to Miami's hospitality and real estate ecosystem.

Gustavo Montes

Executive Chef | Culinary Director | Founder

GM Culinary

Gustavo Montes discovered his passion for cooking in his grandmother’s kitchen in Miami, where he spent his childhood immersed in the aromas of traditional home-cooked meals. Inspired by the classic techniques of Graham Kerr and Julia Child, he took his first job in a restaurant at age 15, working after school as a dishwasher and quickly developing an intimate understanding of kitchen culture and operations.

Following high school, Montes enrolled at Le Cordon Bleu Miami, graduating in 2006 with classical training in French haute cuisine. His early culinary journey saw him rise through the ranks in some of Miami’s most respected restaurants, with his breakthrough coming at Brava by Brad Kilgore, where the Michelin-starred, James Beard-nominated chef entrusted him with the role of sous chef. There, Montes refined his voice in contemporary American cuisine—his preferred foundation for creative exploration.

From 2018 to 2022, Montes continued his ascent with executive roles at prestigious venues including Katsuya (SBE Hospitality), Novikov, and Sexy Fish Miami, where he served as Head Chef, leading high-output teams in fast-paced luxury environments.

Montes’ culinary résumé includes collaborations with global icons such as Luigi Taglienti (Lume, Milan), Jamie Simpson (Culinary Vegetable Institute), and Mathew Peters, the first American to win the Bocuse d'Or. He is a three-time champion of the South Beach Seafood Festival’s Chef Showdown “Battle Sushi” (2019, 2022, 2023), and has crafted dishes for high-profile clients including NBA legend Dwyane Wade and members of the Bush family.

Now serving as Executive Chef and founder of GM Culinary, Montes combines discipline, instinct, and innovation to deliver modern Asian cuisine with global finesse. His menus reflect seasonality, cultural depth, and a deep respect for premium ingredients—all while fostering a kitchen culture rooted in mentorship and continuous growth.

WHY ATTEND THE 2026 MIAMI STATE OF THE MARKET

Miami has reinvented itself many times. From a city once defined by a drug-fueled underground economy, to a sunny retirement destination, to a global hub for fashion, nightlife and tourism, each transformation has pushed Miami further onto the world stage.
 

Today the city stands at another turning point. Once considered a small regional market, Miami is now competing globally for capital, talent and investment. Institutional money, global developers and high-net-worth individuals are pouring into the region, positioning Miami as one of the most dynamic real estate markets in the United States.
 

But rapid growth brings complex questions.
 

A new wave of wealth migration is bringing billionaires, investors and entrepreneurs to South Florida. At the same time, rising housing costs are pushing long-time residents out of the communities they helped build. Miami now faces an estimated shortage of more than 90,000 attainable housing units, forcing policymakers, developers and business leaders to rethink how the city grows.
 

Development is expanding beyond traditional cores into emerging submarkets like Little River, North Miami, Doral, North Bay Village and South Dade, where new housing, retail and mixed-use projects are reshaping neighborhoods while sparking concerns around traffic, infrastructure and density.
 

At the same time, Miami’s economy is diversifying. Retail and entertainment are resurging, destination restaurants and social clubs are redefining urban districts, and global sporting events like Formula 1 and the upcoming FIFA World Cup are transforming the city into a year-round international destination.
 

Bisnow’s Miami State of the Market brings together the developers, investors, operators, civic leaders and industry experts shaping the city’s next chapter. Throughout the day, discussions will explore how projects are getting financed and built, where the next wave of development is happening, how global wealth migration is reshaping the housing landscape, and what Miami must do to remain competitive as one of the world’s fastest-evolving cities.
 

The conversation will look beyond the headlines to examine the real forces shaping the future of Miami’s real estate market and the opportunities ahead for those building it.
 

Join us to network, get an edge on the competition and leave with a clearer understanding of where the market is headed, from development patterns to economic growth drivers, and how to position your business to capitalize on the city’s next phase.

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.

Venue

Jungle Island
1111 Parrot Jungle Trail
Miami, FL 33132

Ballroom: Bloom

Floor: Events Floor


Self-parking $15 - please park on the second level and go up the elevator to the events floor

Get Directions

Agenda

Time Activity
8:00 AM
9:00 AM
Registration, Breakfast & Networking

Breakfast Buffet: Freshly Brewed Coffee & Tea, Assorted Pastries, Seasonal Fresh Fruit, and Chef's Selection of Breakfast Sandwiches

9:00 AM
9:25 AM
Fireside Chat: The Ansin Outlook: What’s Next for Miami Real Estate

From the waterfront transformation of North Bay Village to the nearly 3,000-residence Miramar Cove development, Andy Ansin is helping shape South Florida’s next generation of destinations. In this candid conversation, Ansin will share an inside look at Sunbeam’s most ambitious projects, where he sees the region’s next opportunities and how land scarcity, affordability, transportation and changing consumer expectations will influence what gets built next.

9:30 AM
10:15 AM
Building Miami: What It Takes to Capitalize a Deal Today

Getting a Miami development capitalized today takes more than debt and equity. This panel brings together the people who structure deals, build them, and account for their true cost, breaking down where institutional capital is flowing, how developers are stacking financing sources, and what construction costs and tax exposure are doing to underwriting assumptions

10:20 AM
11:05 AM
Where Miami Is Expanding Next: The Submarkets Shaping the Region’s Next Wave of Development

From Doral and North Miami to Little River and South Dade, where opportunity still exists and what it takes to entitle and deliver projects in emerging neighborhoods. Panelists will also explore issues around oversupply across asset classes, condo buyouts and redevelopment opportunities, and how developers are balancing growth with the concerns of residents and local stakeholders.

11:05 AM
11:15 AM
Networking Break
11:15 AM
12:00 PM
The New Development Math: What Gets Built and Where

With land, construction and borrowing costs still elevated, the old development playbook no longer pencils. This panel will explore how developers are deciding which sites to pursue, which product types make sense and where they are willing to take risk. From urban infill to transit-oriented development and Live Local opportunities, panelists will examine why capital is concentrating around select locations and what a project must offer to move forward in today’s market.

12:05 PM
12:50 PM
Miami’s Next Residential Cycle: Positioning for the Supply Shift

Miami is still absorbing the last wave of residential deliveries, but a sharp slowdown in new starts could create the next supply gap. This panel will examine how developers, owners and investors are positioning for that shift across workforce, attainable and luxury housing. Panelists will discuss where demand remains strongest, whether rent growth can support new development, how existing properties compare with the cost of building new and why the projects starting today could be best positioned when the market tightens.

12:50 PM
2:05 PM
Lunch

A Taste of Italy Culinary Experience

2:05 PM
2:50 PM
Entitlements, Environmental Risk & the Path to Breaking Ground

Every developer has a site story that isn't in the press release. The wetlands delineation that stalled a closing, the phase two assessment that changed the whole deal structure, the entitlement hearing that ran two years longer than planned. This panel brings together developers and land use counsel who've moved difficult sites through Miami-Dade's approval process, from environmental due diligence through zoning and community engagement. Expect a candid look at where projects actually get stuck, what separates a site that's worth the fight from one that isn't, and how the smartest teams are building risk and timeline into their underwriting from day one.

2:55 PM
3:40 PM
Retail, Reuse & Reinvention: How Miami's Mixed-Use Districts Get Built to Last

This panel brings together the people behind some of Miami's most successful district transformations, where retail, dining, culture and mixed-use development combine to create places rather than just projects. Panelists will unpack the tenanting, design and community decisions that shape a district's identity from day one, and what it takes to keep that identity intact as trends, tenants and generations of visitors change

3:45 PM
4:30 PM
Dining as Destination: How Miami's Top Restaurateurs Are Redefining Hotel Hospitality

This panel brings together some of Miami's most recognizable restaurateurs, each known for building high-profile, experience-driven concepts inside the city's top hotel properties. Panelists will discuss what it takes to create a dining concept that becomes a destination in its own right, and how brand identity, guest experience and community connection factor into that success. The conversation will explore how operating within a hotel environment shapes growth strategy and guest expectations differently than a standalone restaurant would.

4:30 PM
5:00 PM
Post-Event Networking

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