Skip to main content

Florida CRE News Q1 2019

What's all the buzz about? Opportunity Zones.

Opportunity Zones are all the buzz in the Florida commercial real estate industry, and all across the country.  There are still details to be fleshed out about how this program will work, but opportunity funds are already forming and looking for potential sites to acquire. Based out of Partner's Orlando office, Sherri DeMayo, discusses what you need to know for your transactions in this short video blog.

 

SBA SOP 50 10 5 (K)

SBA releases their new SOP

The new SBA SOP 50 10 5 (K) will go into effect on April 1, 2019. The largest change is related to special use facilities which have been broken out by child care facilities, dry cleaners and gas stations. Child care centers will now be required to perform a lead risk assessment and testing for lead in drinking water at ALL taps and fountains that could be used as a drinking water source. All lead assessments are to be performed in conformance with the EPA and HUD Guidelines. Download a copy of the notice or visit our SBA page for a copy of the new guide and up-to-date resources.

 

New requirements for senior living facilitiesNew requirements for senior living facilities

Recent occurrences in Florida of elderly being stuck in healthcare facilities without power after hurricanes has resulted in new Sate building code requirements for compliance. Partner recently performed three Property Condition Assessments (PCAs) throughout Miami for nursing home facilities with a wide-ranging scope of investigations, including the building envelope, foundation and careful investigations for water intrusion and mold. Read about how Partner's assessments can ensure you meet state requirements here.

 

LIHTC deals will power on in 2019LIHTC deals will power on in 2019

Market observers predict another strong year for low-income housing tax credit (LIHTC) opportunities. These tax credit deals are helping developers finance their affordable housing projects throughout Florida. There are a lot of nuances to the due diligence and construction risk management components of these projects, but an experienced consultant can ensure your tax credit deals are done right! See how Partner helped a Florida developer and LIHTC investor with their recent multi-family project in this project profile.

 

Partner welcomes Dawn Serdiuk to the teamPartner welcomes Dawn Serdiuk to the team

Partner recently hired Dawn Serdiuk, an Environmental Professional based in Tampa, who brings extensive experience managing environmental due diligence along with health and safety services for large corporations and property owners. Dawn is a Senior Project Manager and is focused on supporting Client Manager, Bill Marcus, and advising Partner's institutional clients.

 

Connect with Partner at these upcoming CRE Event

March 4 - 6: The ADC Installation Innovation Forum in Miami

March 14 - 15: RE Trends & Strategies Conference by UF Bergstrom Center in Orlando

March 20: RICS Summit Series Americas 2019 in Miami

March 20: Bisnow Ft Lauderdale State of Market

March 28: ICSC North Florida Idea Exchange in Jacksonville

March 31 - April 3: Opal Financial: Real Estate Investors Summit 2019 in West Palm Beach

April 11: Bisnow Multifamily Boom in Orlando

April 29 - 30: Bisnow Escape in Miami Beach

May 6 - 8: ACG Intergrowth in Orlando

May 7 - 9: NAGGL Spring Conference in Orlando

May 20 - 21: HOLA: Hotel Opportunities in Latin America Investment Conference in Miami

May 25 - 30: NCUMA: National Credit Union Management Association Annual Spring Conference