Real Estate & Construction

The crumbled wreckage of the Hard Rock Hotel New Orleans still sits largely untouched on the site where it partially collapsed 10 months ago on October 12, 2019. Of the three workers killed in the construction catastrophe, the body of only one have yet been removed. 1031 Canal Development, the developer in charge of the hotel’s construction, now faces multiple mechanics liens from unpaid contractors, lawsuits, and backlash from the community, as well as…
75% of all employees have stolen at least once from their employers, and more than two thirds have stolen more than once according to Statistic Brain Research Institute. This amounts to a 50 billion dollar loss a year. Wow! When it comes to construction, it appears that equipment theft remains a low risk – high reward crime of opportunity, especially in Florida which continues to rank as one of the top five states for such…
Small Business Loan Program Creates Opportunity for Commercial Real Estate Investment During the times of general uncertainty due to the COVID-19 pandemic, there has been an immediate economic impact. American small businesses have been hit as hard as any other player in our economy. However, recovery will come and opportunity will arise. Let’s take a look at a United States Small Business Administration (SBA) loan program that could be instrumental in getting American small businesses…
Terminating a contractor on a construction project is a drastic step. Most construction contracts, particularly public works contracts, will have provisions concerning the steps, notices, and the right to cure under both termination for cause and termination for convenience. Failing to comply with these provisions can lead to some serious consequences under wrongful termination. The City of Puyallup tried to claim set-offs after wrongful termination of a contractor, without giving them the opportunity to…
What do Levelset and the hit Bravo TV show Million Dollar Listing Los Angeles have in common? For starters, we’ve both brought visibility to the construction of UnvarnishedCo’s mega-mansion development portfolio of 13 homes worth a cool $500 million. Scott Gillen, famous stuntman and director-turned-Malibu-developer, is prominently featured in the show’s July 7th episode. The episode shows him challenging Douglas Elliman realtor, Tracy Tutor, to come up with a marketing plan for…
Subcontractors have filed 15 liens on the Park-Line Miami apartments, a luxury condo development in the MiamiCentral mixed-use property in downtown Miami, Florida. The mixed-use property is in the main thoroughfare of Miami. It is located at the starting point of Brightline, the new monorail connecting Miami, Ft. Lauderdale and West Palm Beach. Developers are planning to expand the rail line to Orlando and Tampa. The Virgin MiamiCentral Station is the foundation of the property…

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