Engineering Insights
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m2e client Lennar has 47 percent increase in home sale profits
  • Posted by: Ivan
  • Category: Uncategorized

Severe weather conditions in the Northeast and Midwest caused  new home home sales to drop, however M2E’s long-time client Lennar was not affected. The company declared a revenue of $1.64 billion at 50 cents per share after the report released in February. The reported average is 45 cents per share and $1.49 billion in revenue. This…

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Dan Marino Purchases Priciest Auberge Unit from m2e Client The Related Group
  • Posted by: Ivan
  • Category: Uncategorized

The beautiful Auberge Beach Residences & Spa is underway and prospective buyers are reserving and buying. Dan Marino is the first celebrity to purchase, at an undisclosed price, a unit at the luxury waterfront condo. The developer and M2E repeat client Related Group is investing $300 million into the project, with units beginning at $1.5…

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First Service Residential Condo & Expo 03/15
  • Posted by: Ivan
  • Category: Uncategorized
If you happened to be at the First Service Residential SoFL Condo & Expo, we were there at booth 911!  M2E Sinisa Kolar, Maria Gabriela Gonzalez and Mercy Pelaez working hard up north in Hollywood ;) Thanks guys!
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Akerman Law Firm Revenue Increases by 9 Percent in One Year
  • Posted by: Ivan
  • Category: Uncategorized

Akerman is Florida’s largest law firm with over 600 attorneys and a gross revenue of $324 million. The revenue increase in 2013 was 4 percent, and for 2014 they delivered an increase of 9 percent. Per lawyer, that equates to a revenue of $590,000 and per partner, $640,000. The office in Chicago opened just last…

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Developments Expand Outside of Miami and Into Broward
  • Posted by: Ivan
  • Category: Uncategorized
More luxury condos like M2E projects Beachwalk and Apogee are being built along the beachfront of Hollywood. Client the Related Group and other developers are spending millions, as much as over 100 million, to add resort units and condos estimated to be complete by 2017. Miami and Brickell specifically are beautiful yet dense areas. It...
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Productive Residential Development = Overall Positive Market
  • Posted by: Ivan
  • Category: Uncategorized

Industry professionals agree that the positive outcome of Miami’s current residential market will in turn create optimistic beginnings in other areas. Office, hospitality, health care, high education and infrastructure will grow once residential building slows. CEO of Fortune International Edgardo DeFortuna says residential is starting to slow for the better from decreased wage growth. Akerman’s…

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Growing Real Estate Economy Creates More Revenue for Law Firms
  • Posted by: Ivan
  • Category: Uncategorized

With a re-energized  economy, more and more developments are rising throughout Miami. Brickell, Midtown and Hollywood areas are especially seeing newly built condominiums and hotels. Gary Rosen of Becker & Poliakoff states this means more (positive) work for real estate firms, which are currently in high demand. Greenberg Traurig is rapidly working with developers on…

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FAA Issues Limits on Miami Skyscrapers
  • Posted by: Ivan
  • Category: Uncategorized

Buildings are getting taller and taller in Miami, and the Federal Aviation Administration is stepping in to place height limits on projects east of Miami International Airport. DBR reports the 1010 shell as it is referred to, allows buildings to be as tall as 1,010 feet above sea level. According to Dade county’s chief of…

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Georg Ketelhohn Speaks on Pending Homeowner Legislative Bills
  • Posted by: Ivan
  • Category: Uncategorized

Georg Ketelhohn of Siegfried Rivera Hyman Lerner De La Torre Mars & Sobel expressed concern in a DBR statement regarding Jay Fant’s House Bill 501. Florida law allows four years for homeowners to file a construction claim in case of structural defects. The pending proposal would decrease the 10 year statute of repose down to…

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Renowned Fashion Designer Diane von Furstenburg Buys Setai Hotel
  • Posted by: Ivan
  • Category: Uncategorized
Developers meet fashion as designer Diane von Furstenburg buys the Setai Hotel from Lehman Brothers Holdings, Inc. for $90 million. With 120 rooms at about $750,000 per unit, it is without a doubt the fashion mogul would be interested in such a prestigious hotel. Nakash Holdings is the investment firm who also works with the...
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