David Podein on Navigating Miami's Condo Crisis: Purchasing, Terminations, & Insurance

David Podein is an Equity Partner with Haber Law. He concentrates his practice on community association representation, real estate, and construction law. He represents real estate developers, investors, lenders, and landlords. He also serves as outside general counsel to community associations. In this conversation, we talk about condo terminations, redevelopment opportunities, insurance, general advice when purchasing a condo, and more. 

TIMESTAMPS:

• 0:00 - Intro
• 1:38 - Condo purchasing breakdown
• 4:16 - Condo terminations
• 11:26 - Thoughts on the termination process
• 15:05 - Castle Beach scenario
• 17:34 - 2024 condo reserves
• 19:16 - Insurance 
• 20:28 - Advice for purchasing a condo
• 32:35 - Loans for class A,B,C condos
• 38:38 - Investor market
• 40:01 - Market conditions
• 44:18 - Segments of Miami
• 48:46 - Contact David Podein 

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