Published: Feb. 22, 2021, 10 a.m.
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Today we get an update on Florida multifamily construction from our guest, Jeff Rosenfeld, Executive Vice President of Adivo Construction. Florida has had a lot of disruption in the last couple years with things such as tariffs and COVID. Recently, Florida has seen a mass influx of new residents looking for multifamily housing, but there is currently a shortage of skilled construction labor. We talk about how this is affecting multifamily construction costs and discuss how some investors are re-purposing various assets such as hostels and commercial loft space into multifamily housing (commonly called adaptive reuse).
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Key Discussion Points
[01:07]\\xa0Opening remarks by Eric Odum and Steven Silverman\\xa0
[06:08]\\xa0About our guest:\\xa0Jeff Rosenfeld
[06:59]\\xa0Give us an overview of Florida Multifamily market
[10:15]\\xa0What\'s been going on with multifamily construction costs in the last few years and since COVID?
[11:53]\\xa0What\'s the outlook on multifamily construction costs?
[13:26]\\xa0With COVID as a disruptor, tell us about adaptive reuse (converting hotels / commercial loft space into multifamily)
[15:05]\\xa0What areas of Florida are you seeing the most adpative reuse / repurposing of assets into multifamily?
[18:08]\\xa0Is some of this asset repurposing going towards workforce housing?
[20:22]\\xa0Tell us about the construction labor force situation in Florida
[25:08]\\xa0How is construction adapting to low labor force?
[27:45]\\xa0How would you compare the Florida markets vs the other markets around the country you work in?
[29:47]\\xa0What types of value-add are you doing to improve your properties?
[35:48]\\xa0How can folks contact you?
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About Our Guest
Jeff Rosenfeld is Executive Vice President and founding partner of Adivo Construction based in Deer Field Beach, Florida.
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CONTACT INFO
Toll Free Number: 833-825-2425
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