Insurance king Ivan Herrera is jumping into commercial real estate development after partially selling his Univista empire for $700 million, The Real Deal has learned.
Tag: insurance
Hurricane Milton’s destruction: crane collapse, tornado damage, flooding
In the wake of Hurricane Milton, developers and contractors in the Tampa Bay area are evaluating damage at project sites, calling insurers and preparing
Damage from hurricanes Helene, Milton could top $200B
As Florida’s Tampa Bay region braces for Hurricane Milton to make landfall on Wednesday, many in the storm’s path are still reeling from Hurricane Helene’s
Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market
As Hurricane Helene churned toward Florida, property owners and insurers braced for the impact from another devastating and costly storm. The Category 3 hurricane, which
Florida leads nation with half of residential floodplain development
Half of all residential development on flood-prone land in the U.S. over the past two decades has been built in Florida From 2001 to 2019,
The builders: Ranking Miami’s construction firms
At a busy intersection in North Miami, construction of the 382-unit Manor Biscayne apartment project is underway. So far, the eight-story building is a gray
Lynd considers $9M capital call to investors for Miami Gardens rental complex
Multifamily investor Lynd is considering asking its investors in a Miami Gardens apartment complex to pony up additional capital, as skyrocketing insurance premiums and other
Weekly Filth: Issues for South Florida Multifamily Industry
Expenditures are soaring for multifamily landlords in South Florida. Some are searching to minimize their losses in advance of it will get even worse. South
The Miami Paradox: Why Insurance plan Charges Will Preserve Growing
It is a situation that leaves industry experts scratching their heads. Miami-Dade County is one of the best real estate marketplaces in the region. The
Insurance plan Lawsuits Didn’t Induce FL House Insurance policies Disaster
Homeowners’ lawsuits from insurance firms did not trigger document losses and quickly escalating insurance policy rates in Florida, in accordance to a new examine. But