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May 15, 2019

Inspired By Hurricane Maria, Miami Architect Working To Design Drone-Powered Hospitals

Eduardo Egea remembers when he got the drone that would inspire his latest architectural creation.

Egea’s father, who was in his late 70s and has dementia, piped up one day a few years ago.

"'I want a drone,'" Egea remembers his father saying. "They have a drone for sale at Walmart, and you have to get it for me.’ I bought him the drone. He couldn’t figure it out. He put it back in the box and said, ‘There. A present for you.’ I got stuck with this drone.”

Inspired By Hurricane Maria, Miami Architect Working To Design Drone-Powered Hospitals

To this day, Egea doesn't know how to fly the drone without crashing it. But the architect, who is vice president and managing principal of Leo A Daly’s Miami design studio, has invented a drone-powered hospital. If certain last-mile pharmacy, food service and storage functions were moved off-site and handled…

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In federal disclosures, President Donald Trump has listed his 643-room resort in Doral, Florida — home of the famed "Blue Monster" golf course — as his biggest moneymaking resort.But a company representative seeking to lower the resort's property tax bill told local officials the resort was suffering and needed a…

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DeSantis Urged To Veto Bills That Could Restrict Challenges To Development

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Florida’s state legislature just finished its annual session, during which it passed almost 200 bills. Among them is HB 7103, which is seen as a boon to developers. Under the bill, residents who oppose a development that applies for an exemption to a local comprehensive plan would be forced to…

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Trump's New Tariffs Will Be Devastating For Real Estate

A strong economy and low interest rates have kept President Donald Trump's trade war with China from deeply hurting commercial real estate, but the recent escalation may be too much to bear.

On May 10, Trump broke off trade negotiations with China and announced on Twitter that he will increase the tariffs imposed on $200B worth of imports from 10% to 25%. The products affected, which are in List 3 within Section 301 of the Trade Expansion Act of 1962, include hundreds of metal and chemical compounds used as raw manufacturing materials as well as finished goods like floor and wall panels, furniture and bedding.

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When Worlds Collide: 4 Types Of CRE Mergers And Why So Many Are Happening

 

WASHINGTON, D.C. — The priciest and most impactful deals in commercial real estate occur when two large companies join forces through a merger or an acquisition.  

The combining of personnel, balance sheets and property portfolios requires dozens of professionals on both sides of a transaction working countless hours.

The largest mergers change the makeup of the companies that drive the market and ultimately alter the landscape of the industry.  

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