P3s and Political Risk: Why Miami-Dade’s P3s Can Weather Political Climates

MiamiIn an election year, investors pay careful attention to the political environments of jurisdictions that are seeking to develop public private partnerships (“P3” or “PPP”). Investment in pursuing a public infrastructure project could be affected by changing political preferences, thus adding extra risks. As such, investors are sure to invest in states and partner with governments that are ready and friendly to P3s. Readiness reflects an established procurement, regulatory, and policy framework that enables the government to procure P3 projects. Friendliness connotes willingness and drive to identify and successfully procure P3 projects. Continue Reading

Your Data Security Thoughts and Concerns: A Survey

TechnologyIn conjunction with our upcoming panel event on June 3rd, The Challenges of Data Security and Privacy: Minimizing Risk Exposure and Liability, Bilzin Sumberg and Kaufman Rossin are conducting a survey to learn more about Florida business leaders’ thoughts about data security, such as how data security is funded in their company, their business practices, and their most pressing areas of concern.

We want to know how your company handles data security and liability concerns. Your insights will help guide our panel discussion and will help to make our event custom-tailored to your needs.

Our survey is brief and anonymous, and upon completion of the survey you will be entered for a chance to win an iPad Mini.

Join Us for an Upcoming Data Security & Privacy Panel

datasecurityblogimageOn June 3, Bilzin Sumberg and Kaufman Rossin are teaming up to host the breakfast panel, “The Challenges of Data Security and Privacy: Minimizing Risk Exposure and Liability.” The event will feature a panel of experts who will discuss data security and privacy concerns in the private sector, as well as best practices for minimizing exposure and liability.

At the panel, we will also examine the preliminary findings of the Kaufman Rossin and Bilzin Sumberg Data Security Survey. We encourage in-house counsel, CEOs, CIOs, and CFOs to attend as we discuss how data security is funded and managed by private companies in Florida.

The Breakfast will take place on June 3 at Bilzin Sumberg’s office at 1450 Brickell Avenue, 23rd Floor, from 8:00am – 10:00am.

Please click here to RSVP. Continue Reading

Fintech and Striking a Balance Between Innovation and Consumer Protection

FintechA topic of discussion at eMerge this year was the disruptive effect that Fintech is having within the financial sector.

Fintech, which refers to the use of new technologies in the financial services industry to improve operational and customer engagement capabilities by leveraging analytics, data management and digital functions, is disrupting traditional financial services and creating opportunities to tackle problems such as financial inclusion, poverty and access to capital at an accelerated speed. Continue Reading

Lessons from eMerge: The Communication Decency Act, A Tool Against Cyberbullying

Cell Phone - iStock_000043766246_Large (1)The 3rd annual eMerge conference hosted a list of speakers as diverse as Miami. Among them, Colin Powell, Tony Hawk, Pitbull, and Monica Lewinsky. Just last year, Ms. Lewinsky broke her public silence when she gave a well-received talk at the TEDTalks conference, “The Price of Shame,” a call to end cyberbullying.

There, she told the crowd that “At the age of 22, I fell in love with my boss… and at the age of 24, I learned the devastating consequences.” In a world where internet humiliation and cyber bullying is all too common, Ms. Lewinsky reminded listeners that she was patient zero of losing a personal reputation on a global scale almost instantaneously, due in large part to the magnification power of the internet. Continue Reading

Increased Costs Shifting South Florida Apartment Construction

ConstructionAt the Miami Finance Forum’s recent panel discussion regarding the current status of South Florida commercial real estate, panelist commercial developers stated they are responding to strong tenant demand across all sectors. While all agree that the South Florida commercial real estate market, and especially multifamily rental, has appreciated substantially since the recession, the debate among experts centers around the question of whether the market has peaked, or still has some runway. The response to this question varies by expert and can be segmented into particular asset subclasses or geographic submarkets. Notwithstanding, no panelist categorized the market as recessionary. Instead, they view the market as a stable plateau after sustained significant year-over-year appreciation.

A large portion of the discussion focused on multifamily rentals. In regards to multifamily, the market drivers for apartments are at opposite ends of the generational spectrum. Apartment-development flow continues to be driven by two demographic sectors. The first are millennials, who in the post-recession environment face a credit crunch and cannot afford to yet achieve their dreams of suburbia. In addition to millennials, baby boomers are also driving the market as they no longer want the hassle of maintaining a home. Continue Reading

eMerge Welcomes Guests with Iconic Opening Reception

eMergeLast night was a buzz at the opening reception for the 3rd annual eMerge conference located at the iconic 1111 Lincoln Road garage. The attendees enjoyed food, drinks and music, but the real discussion centered on the provocative content scheduled over the next two days. Some examples include emerging markets and entrepreneurship in Cuba and technology in transportation.

The list of speakers reads like a “who’s who” and is likewise as innovative and diverse as the content itself featuring, Colin Powell, Monica Lewinsky, Tony Hawks, and fan favorites like Pitbull. The events will include the closing of the Nasdaq bell, as well as a Hackathon and Startup Showcase. The conference, with a record number of attendees that exceeded its cap of 13,000, is in line to top lasts years successes. We look forward to continue our reporting of the conference.

eMerge Americas 2016 is Nearly Here

On April 18th and 19th, eMerge Americas will host its third annual technology conference. Last year, the conference welcomed more than 10,000 attendees and 500 companies from more than 50 countries. As stated on Business Wire,

“Entering its third year, eMerge Americas is working to meet and exceed expectations for 2016. The event will once again deliver on its distinct and comprehensive content, bringing together the world’s most disruptive thinkers across diverse industries under one roof.”

eMergeThis year’s conference promises more than 400 participating companies, 125 speakers from around the globe, 110 startups in the Startup Showcase, and over 120 international journalists present to cover the action.

Once again, the world-class keynote speakers are impressive in both their depth and range. As Julian Castro, U.S. Secretary of Housing and Urban Development, has stated, “there aren’t many events that feature both PitBull and Deepak Chopra in the same forum.” This year’s keynote speakers promise to not disappoint. Continue Reading

The Sky is the Limit

MiamiMiami’s ever-changing skyline is set for its biggest upgrade yet. With the Federal Aviation Administration’s recent decision to allow buildings in Miami to reach a height of 1,049 feet above sea level, One Brickell City Centre is expected to surpass the Four Seasons Hotel and Tower to become the tallest building, not only in Miami, but in the entire state of Florida.

One Brickell City Centre, a Swire Properties project, will be located on Brickell Avenue, adjacent to SW 8th Street. The centerpiece of the second phase of development of Brickell City Centre, the plan is for the new landmark to be a mixed-use skyscraper with retail shops, office space, a hotel, and condominium units.  Continue Reading

Miami-Dade County Takes P3 Reform Further After Florida Passes New P3 Legislation

LegislationAfter months in several Florida House and Senate committees, the State Legislature finally passed two related bills that were both signed by the Governor at the end of April. Importantly, the first bill, SB 124, establishes uniform processes for public entities to enter into P3 agreements. The second bill, SB 126, creates an exemption for unsolicited P3 proposals under the Public Records Act.

The ideas and policies expounded in these new laws originated from a task force appointed by the Florida legislature. The task force was charged with recommending guidelines to create a uniform P3 process throughout the State.

Continue Reading