Invest Florida - A Real Estate Podcast

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).   Key Discussion Points [01:07] Opening remarks by Eric Odum and Steven Silverman  [06:08] About our guest: Jeff Rosenfeld [06:59] Give us an overview of Florida Multifamily market [10:15] What's been going on with multifamily construction costs in the last few years and since COVID? [11:53] What's the outlook on multifamily construction costs? [13:26] With COVID as a disruptor, tell us about ad