On February 6, 2025, Rules 73C-61.001-.007, F.A.C. (“PRC Rules”), go into effect for implementing Section 692.204, Florida Statutes—the law restricting the purchase of real property by certain persons or entities from...more
Older condo units are flooding the market but demand has dried up.
The Florida condo market is recalibrating, as changes to the Condo Act tank the market for 30-plus year old condos, creating uncertainty for the...more
As we approach the end of 2024, several legal and economic developments are coming to a head for condominiums. From a key statutory deadline and long-awaited court rulings to an imploding market for older condominium units,...more
The deadline for associations to receive their completed structural reserve studies is Dec. 31. Across the state, condo owners and their associations are going to soon be waking up to the reality that their financial...more
Since the collapse of the Champlain Towers South three years ago, Florida has been scrambling to prevent another tragedy, instituting new laws and regulations to ensure condo building safety.
Originally Published in the...more
The legal landscape for condominium law continues to evolve. On August 5, 2024, Miami-Dade Circuit Court Judge Thomas J. Rebull issued an illuminating order in the long-running Carillon litigation. Moreover, on October 1,...more
As commercial real estate markets across the U.S. cope with rising costs and slowing demand, Florida has been a rare bright spot. The Sunshine State has welcomed a record number of people and businesses in recent years, and...more
12/6/2023
/ Commercial Real Estate Contracts ,
Community Development ,
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Construction Project ,
Florida ,
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Neighborhood Revitalization ,
Real Estate Development ,
Redevelopment ,
State and Local Government ,
Urban Planning & Development
On August 17, 2023, Judge Allen Winsor of the U.S. District Court of the Northern District of Florida denied the Plaintiffs’ motion for temporary injunction in Shen v. Simpson, Case No. 4:23-cv-208-AW-MAF, the pending...more
8/23/2023
/ Critical Infrastructure Sectors ,
Equal Protection ,
Fair Housing Act (FHA) ,
Florida ,
Foreign Investment ,
Institutional Investors ,
National Origin Discrimination ,
National Security ,
Property Ownership ,
Qualified Institutional Buyers ,
Real Estate Investments ,
Real Estate Transactions
Lawsuit Against Florida Law Restricting Certain Foreign Ownership of Real Property Set for Hearing This Week, DOJ Supports but 12 States Oppose -
On July 1, 2023, SB 264 (Chapter No. 2023-33, Laws of Florida) took effect....more
7/17/2023
/ Amicus Briefs ,
Beneficial Owner ,
Department of Justice (DOJ) ,
Due Process ,
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Fair Housing Act (FHA) ,
Foreign Ownership ,
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Regulatory Requirements