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Right now, nearly 25% of office space in major Texas cities is empty and silent. It is a ghost town of cubicles that costs landlords millions in lost rent every single month. If you think turning those empty desks into luxury apartments is as simple as adding a few walls, you are in for…
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The landscape of real estate finance is changing radically. Over the decades, the key issues lenders and owners had to address in the refinancing cycle were creditworthiness, appraised value, and a perfunctory environmental liability review via a Phase I Environmental Site Assessment (ESA). Nonetheless, amid rising climate volatility and tightening insurance markets, a new…
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If you sit on a condo board in Florida, you've probably already heard the word SIRS, and you've probably heard it alongside two other words: special assessment. The Structural Integrity Reserve Study is one of the most significant changes to Florida condominium law in a generation. It was enacted in direct response to the…
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By the time most condo boards in Florida started paying attention, their deadlines had already passed.
As of 2026, the Florida market has split into a Compliance Divide. On one side: buildings with sealed Milestone reports and clean insurance renewals. On the other: the estimated 50% of qualifying buildings that remain in a state of non-compliance,…