fbpx

Top names in South Florida real estate to present market update

To paraphrase the late Sen. Everett Dirksen: A billion dollar project here, a billion dollar there and pretty soon you’re talking about a booming real estate market.

That’s what makes the timing so interesting for the Marcus & Millichap and Institutional Property Advisors” Commercial Real Estate Forum: Florida conference on Thursday, Jan. 29. We all want to know just how will this development wave in South Florida keep unfolding and how long can it go on?

The conference has an impressive list of panelists, speakers and presenters, which should make for great networking and dealmaking. The keynote speaker in the morning will be David Martin, President and Owner of Terra Group, who co-founded the company with his father, Pedro. Martin will be talking about community and the importance of design.

SFBW is a media sponsor and you can get a $75 discount by using this shortcut link: https://goo.gl/TuYc8r and applying our promotional code: MP-75SFBW.

I’d urge you to look at the speakers and agenda on the event website, mmfloridaforum.com, but I’ve picked out four panels that intrigue me a lot:

State of the Market

I like this panel because it has a great mix of long-established developers, such as Joel Altman and Andy Ansin, and people involved in cutting-edge new projects.

Miami Worldcenter and All Aboard Florida’s Miami station will transform the area near the NAP of the Americas and north of the Miami-Dade County Courthouse with about $2 billion in investment. Only in Miami, of course, would there be another $1 billion project across the river – Brickell City Centre.

John Guitar, one of the panelists, was recently in SFBW as part of an article about transit-oriented development in the region – https://sfbwmag.comdepartments/new-south-florida/10-takeaways.

SFBW also had an architectural Spaces feature about the Climate Ribbon at Brickell City Centre ” https://sfbwmag.comdepartments/spaces/fighting-elements

Here is the list of panelists:

” Joel Altman, Chairman, Altman Companies

  • ” Andy Ansin, Vice President, Sunbeam Properties
  • ” Casey Cummings, Chief Executive Officer, Ram Realty
  • ” John Guitar, SVP – Business Development, All Aboard Florida
  • ” Adam Lustig, Partner, Bilzin Sumberg
  • ” Nitin Motwani, Principal, Miami Worldcenter

Building for the Future: Emerging Hot Spots

This panel will include a focus on millennials, which is a hot topic among business people. The description for the panel encapsulates what I’m hearing from business people by asking, “What needs to be done to ensure millennials don’t leave the state? What kinds of new spaces are they demanding to work, live and shop in, and where are those projects being built? How will the addition of mass transit connect communities and further power the trend of development north of Miami where land prices and lack of availability is prohibitive to certain types of asset classes?”

The speakers are:

  • ” Ryan Bailine, Shareholder, Greenberg Traurig
  • ” Chris Cobb, Principal, Grass River Properties
  • ” Michael Ging, Managing Director, Alliance Residential
  • ” Jordan Kavana, Chief Operating Officer, K Group Holdings
  • ” Michael Tillman, Director, LeFrak Organization

Supply & Demand: The Future of Investing in Florida

The basic question for this panel: Is South Florida pricing itself out of the market?

I don’t think so based on what I’ve heard recently, but like this topic because of several trends I’ve noticed:

  • South Florida has joined the top tier of major cities in the U.S. when it comes to development. (Some argue that it only trails New York City.)
  • Office projects can’t make the numbers work in Brickell, because condos developers can pay a lot of money for sites.
  • Condo developers in Miami are launching projects in Broward and marketing lower prices points.
  • South Florida has long said it is a cheaper area than other global hot spots, but its prices are rising.

The speakers are:

” Patrick Carroll, Founder & CEO, Carroll Organization
” Ed Easton, Founder, Chairman & CEO, Easton Group

  • ” Pedro Garcia, Property Appraiser, Miami Dade County
  • ” John Osborne, Vice President, Crocker Partners
  • ” Brian Schmier, Vice President, Schmier & Feurring Properties

Miami’s Top Real Estate Families:  The Next Generation

I’ve been saying recently that there seems to be a changing of the guard coming in the next decade – a lot of business people my age are grooming their successors.

” Kirk Felici, First Vice President/Regional Manager – Miami, Marcus & Millichap, will be the moderator and the speakers are:

” Ana-Marie Codina Barlick, Chief Executive Officer, Downtown Doral

  • ” Michael Berkowitz, Vice President, Berkowitz Development
  • ” Matthew Whitman Lazenby, President & CEO, Whitman Family Development (Bal Harbour Shops)
  • ” Jon Paul Pérez, Vice President, Related Development

You May Also Like
Grover Corlew Marks the Official Opening of Mayla Pompano

The project was first brought before the city in 2018.

Read More
Mayla Pompano
Miami River Condo Project Receives $77 Million Construction Loan 

The property allows for flexible ownership and short-term rentals.

Read More
Miami River Condo
Downtown Evolution

Fort Lauderdale’s development hits the national spotlight.

Read More
Downtown
Construction Begins on Luxury Condo at Fisher Island’s Final Development Site

The building is over 50% sold, recording over $500 million in sales.

Read More
Luxury Condo
Other Posts
New Record Set for Luxury Real Estate Prices in Fort Lauderdale

The Elmes Group has brokered the sale of this property six times since 1990.

Read More
luxury real estate
Florida East Coast Realty Leases Over 13,000 Square Feet at Brickell Office Property

Ana Paula, Kevin Gonzalez and Jake Freeman of Colliers manage the commercial/office leasing in the building.

Read More
Brickell office property
Forman Capital Extends Loan to Well-Known Miami Developer for Downtown Project

Royal Palm Companies plans to build a condominium-hotel project.

Read More
Forman Capital
Construction Begins on Huizenga Park in Fort Lauderdale

MBR Construction will lead efforts with KEITH providing CEI services.

Read More
Huzigenga Park

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.