Is the Miami Hype Waning? In South Florida, Defaulted Debt Volume Skyrockets by 100%
Day Pitney Miami Real Estate Partner Sandra Ferrera was featured in The Real Deal article "Is the Miami Hype Waning? In South Florida, Defaulted Debt Volume Skyrockets by 100%."
Ferrera commented, "The increase of the dollar volume subject to foreclosure is indeed a sign of impending trouble. Larger loans equate to bigger monthly interest rate payments and to higher property carrying costs, such as insurance, maintenance and utilities. Naturally, these landlords are feeling the squeeze. It's a trickle down effect. The higher valued properties are more susceptible in the current economic downturn." Adding, they "want to write that distress off their books first."
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Day Pitney Partner Mindy S. Tompkins and Health Care Attorney Phoebe Roth's article on Stark Law compliance was featured in Becker's ASC Review.
Energy Partner Mark Williams' arrival at Day Pitney was highlighted in Law360 Pulse as part of a broader feature on notable law firm moves and industry trends.
Day Pitney Alert
Our New Jersey Land Use attorneys represented Ingerman Development Company, LLC ("Ingerman") in connection with its preliminary and final major site plan approval from the Township of Pohatcong Land Use Board to construct a 100% affordable housing community named the Willows at Pohatcong, consisting of 96 units within four residential buildings and a community building.
Day Pitney Data Privacy, Protection and Litigation practice group co-chair Naju Lathia and Litigation Associate Potoula Tournas authored the article "New Reporting Requirements in the Cybersecurity and Critical Infrastructure Sectors," for the New Jersey Law Journal's Cybersecurity Special Section.
Day Pitney New Jersey Associates Alexis Abuhadba, Bamisope I. Adeyanju, John Clarke, Carly M. Clinton, Ashley M. Fay, Jessica Laird, Maryann Lennon, Valmir Magjuni, and Taylor Spallanzani were featured in the New Jersey Law Journal's New Associates Yearbook 2024.
The arrival of Mark C. Williams as a new Energy Partner to Day Pitney's Washington, D.C. office was featured in The National Law Journal.
The arrival of Mark Williams was featured in the Law360 article "Day Pitney Latest Firm To Add Energy Talent With 30-Year Vet."
The arrival of Energy Partner Mark Williams to Day Pitney was featured in Bloomberg Law. Williams advises private equity funds, insurance-sector investors, banks, pension funds, multinational institutional investors, hedge funds, and traditional investment funds on regulatory requirements applicable to electricity and gas investments.