Browsing Month 'February, 2012'

By Brian Ruane, CPCU Executive Vice President Director Willis Real Estate and Hotel Practice   There are many macro economic forces and changes in the way we work, shop, store goods, live and travel that are having profound consequences for the real estate industry. These changes are against a backdrop of economic forces which have […]

Holliday Fenoglio Fowler – South Florida CFO 2012 – Feb 9th, 2012 1450 Brickell, 34th Floor (Unfinished) When I heard at the beggining of the year that the Downtown Miami condo market had gone from a supply of 20,000+ units to only 2,000+ units, I thought it was just developer hype.  However, after speaking with […]

Brian Ruane, Real Estate Director Willis Much has been written and said, recently, about the direction of rates. It is clear to us that insurance carriers are closely reviewing their book of business and intend to obtain premium levels commensurate with exposure. This means rate increases for some, not for all, particularly those accounts with […]

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Notes from 2012 CCIM Commercial Real Estate Outlook Conference Wednesday, Jan 18, 2012 @ The Coral Gables Country Club Presented by Mike “The Dock High Guy” Silver, First VP CBRE and SIOR. Presentation:    2012 Industrial Trends – Mike Silver Compare Mike’s presentation to Tom Dixons presentation at the recent CIASF:  http://wp.me/p24jQp-m First you will notice the difference in SF. […]

Notes from 2012 CCIM Commercial Real Estate Outlook Conference Wednesday, Jan 18, 2012 @ The Coral Gables Country Club Presentation:  Are we back to the Future – Diane Gilbert Sub Heading – We tend to forget that history repeats itself again and again and again…. Giving this presentation was Diane Gilbert for Mike Cannon of […]

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What’s in the Cards for 2012 Jan 25th, 2012 – Sheraton Suites, Cypress Creek Ft Lauderdale Moderator:  The energetic Darcie Lunsford (formerly of South Florida Business Journal fame and now promoting Butters Construction).  Panelists: Dr Dean Snaith, Director, Institute for Economic Competitiveness – University of Central Florida. George LeMieux, Chairman, Gunster , Yoakley & Stewart, PA (Former […]

​Dave Finnis of the Willis Property Practice has just issued the attached property insurance market update which should be of interest to all real estate professionals. He provides an excellent analysis of the current property market dynamics due to global property losses and the related impact on insurance company combined ratios / profitability as well […]

Life is good for those who bought land in Miami at the market’s bottom. In late 2009, developer Asi Cymbal paid a mere $2 million to buy $10.5 million in defaulted loans backed by a site in the city’s Design District. He foreclosed on the land, which contained the foundation of a stalled condo project. […]

CBRE Changes Insurance Broker for Surety Bond Program Servicing Effective Wednesday, February 1, 2012, Willis has been appointed as the Insurance Broker for the servicing of CBRE’s Surety Bond Program. In the normal course of business, we are occasionally required to procure a bond to guarantee performance or comply with a contractual obligation. Bonds provide […]

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Willis Celebrates Grand Opening of new South Florida Operations Joe Plumeri leads Ribbon Cutting and Town Hall On Monday Willis celebrated the grand opening of its new South Florida Headquarters in Miami as it aims to elevate its presence in Florida and drive growth in this key market. Joe Plumeri, joined Hiram Marrero, Managing Partner, […]