In the article, Joe comments that his condominium association clients saw increases of 30% to 40% last year, “Ultimately when casualty insurers suffer underwriting losses, you know, they make it up… I think that is a concern.”

Joe has developed a particular niche representing condominium associations and coordinates a multi-disciplinary approach in order to counsel clients in navigating the myriad of legal issues they face with respect to condominium law and community association matters, including turnovers, dispute resolution, casualties, and construction defects issues.

Read the full article here.

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Joe addressed the probable increase in costs required for upkeep in older condos. “When Champlain happened, it just put the whole thing in overdrive,” he said. “Now there are going to be mandatory reserves. What was already an unfavorable situation for residents in older buildings is now even more so.”

When asked if the growing expense facing owners and associations could affect the future of condo living he said, “I don’t think so.” 

“There seems to be a healthy demand for good projects that are well located,” Joe said. “If the associations take the right steps to build up reserves early, then it can work.”

Joe is a sought-after transactional real estate lawyer and has developed a particular niche representing condominium associations and cooperative corporations being pursued by developers for acquisition of the units and termination of the condominium or cooperative.

Read more: https://www.sun-sentinel.com/real-estate/fl-bz-condo-safety-sales-20220725-gy4wm5onprgyljbnuxgzpdacam-story.html?utm_source=rss&utm_medium=rss

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Joe Hernandez is a sought-after transactional real estate lawyer and leads the firm’s real estate practice. Cayla Ross represents hotel, condominium and retail developers in commercial real estate development and financing transactions, joint venture deals, acquisitions, dispositions and leasing matters.

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Joseph Serota was recognized as a 2022 Best Mentor. One of the firm’s founding members and the firm’s first managing director, Joe’s leadership over the past three decades has helped to grow WSHC+B into a leading Florida law firm for business and government clients. In addition to his full-time legal work and other professional and community endeavors, Joe carves out time to be a resource and mentor for new attorneys at his firm, inspiring and informing our next generation of legal professionals in South Florida.

John Quick was also recognized as a 2022 Unsung Hero. John’s work positively impacts Miami-Dade County’s community relations, public safety, and quality of life through his robust law practice and vast community involvement. As one of only a few attorneys in Florida to serve as a civilian oversight practitioner, John is recognized as a Certified Practitioner of Oversight by the National Association for Civilian Oversight of Law Enforcement. He serves as Independent Counsel to the City of Miami Civilian Investigative Panel, Chair of the Miami-Dade County Community Relations Board, and President of the Parks Foundation of Miami-Dade.

Last but not least, the firm’s real estate department, led by Joe Hernandez, was recognized in the Real Estate Transactions category for its work on deals totaling more than $2.5 billion. These projects include a ground lease for the Bahia Mar Marina and mixed-use development in Fort Lauderdale, a joint-venture agreement for the E11even Residences development in downtown Miami, and a pending ground lease in the City of Miami. 

Joe, John, and the firm’s real estate team will be honored at the publication’s Florida Legal Awards event on May 19.

To view the full list of honorees, click here.

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Despite preventative HOA rules, many homeowners can’t resist renting out their idyllic ocean-side units. Joe, who represents the owners’ association at a 250-unit condominium, explained that the oceanfront community where the condo is located has gotten “a lot of cases where buildings that were meant to be apartments were actually becoming transient-use hotels, and it was leading to a lot of problems.” While citizens should follow rules and regulations related to Airbnb, developing a high-rise condo that has determined short-term rental rules from the start can minimize conflicts.

As a sought-after transactional real estate and business lawyer, Joe has developed a particular niche representing condominium associations and cooperative corporations being pursued by developers for acquisition of the units and termination of the condominium or cooperative. He coordinates a multi-disciplinary approach in order to counsel clients in navigating the myriad of legal issues faced by associations and unit owners in these situations. He also represents condominium associations, community associations, developers of condominium projects, and groups of unit owners in a variety of condominium law and community association matters, including turnovers, dispute resolution, casualties, and construction defects issues.

Click here to read more.

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The program bridges the gap between what law students learn in school and what they need to know to hit the ground running as legal practitioners with hands-on experience, a necessity in South Florida’s booming real estate market.

The 22-member advisory board consists of professionals from prominent law firms and major real estate companies, along with developers, banking and financial services professionals, architects, designers, title insurance agents, and construction professionals. Members work in coordination with the curriculum to provide students with access to mentorship, internships, and job opportunities.  

Joe Hernandez is a sought-after transactional real estate lawyer and leads the firm’s real estate practice.

Click here to read the full article.

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The tower, located in the heart of Miami’s Central Business District, was purchased in 2016. At the time of the purchase, millions of dollars of improvements were planned for the 56-year-old building. It is currently mired in litigation.

While the internal strife is likely lowering the potential sale price, Joe commented that the seller can’t go too low on the price. “Its loan is based on pre-pandemic valuations for office real estate, and in light of the market now, the seller might not be getting the offers it needs to pay off the outstanding balance,” he explained.

 Click here for the full article. 

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According to Colliers’ second-quarter retail market report, Downtown Miami’s total retail space vacancy is at 20% going for $55.13 on average direct asking retail rate. On the other hand, Brickell’s retail space vacancy is at 7.6% and $58.19 average direct asking rental rate.

 “There’s a lot more people who live in the south Brickell area who will still go shopping and eat-out in the area, who are the natural audience for those retail establishments and are keeping them afloat throughout the pandemic,” Hernandez explained.

 Click here for the full article.

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Florida Trend invited all actively practicing Florida lawyers to name the attorneys that they hold in highest regard – lawyers with whom they have personally worked and would recommend to others.

The following attorneys received the Legal Elite designation in 2021.

Miami

Joseph H. Serota – Commercial Litigation – Hall of Fame
Joseph M. Hernandez – Real Estate

Fort Lauderdale

Mitchell J. Burnstein – Eminent Domain

Boca Raton

Ronald S. Nisonson – Business Law

Click here to view Florida Trend’s Legal Elite 2021.

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Ed Guedes, Chair of the Appellate Practice Group, was ranked in Litigation: Appellate – Florida. Clients say he is “an excellent advocate,” and “he is an outstanding lawyer and very good to work with.”

Cliff Schulman was recognized as “Senior Statesperson” in Environment – Florida and Real Estate: Zoning/Land Use – Florida. Sources say Cliff is “a very bright and very experienced attorney” and that he is “an exceptionally good lawyer.”

Joseph Hernandez was recognized for his excellence in Real Estate Law – Florida category. One commenter stated “he’s very personable and a pleasure to work with. A quick, efficient, ‘no drama’ and very knowledgeable attorney.”

The Chambers USA guide annually ranks preeminence in key practice areas and achievements of law firms and lawyers throughout the country. The qualities on which individual lawyers are ranked, includes their legal knowledge and experience, their ability, their effectiveness and their client-service.

To view the full guide, click here.

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