When a Florida resident decides to offer a residential property for rent on the market, they may discover that serving in the role of landlord is less appealing than they originally thought it would be. Residential landlords have duties to fix property conditions and...
Before a buyer purchases a commercial real estate property, it is important that they are made aware of material property defects or issues relating to the property. Many buyers have suffered significant financial loss after discovering various defects after the...
For Florida residents and businesses involved in commercial real estate, there are usually three aspects to these types of transactions: purchases, development and sales. No matter what step you are on, details are crucial. Lack of attention to detail can jeopardize...
Commercial real estate is a major investment. Before dumping a lot of money into a property, you need to make sure that you’re getting what you bargained for. That’s why prior to signing any contracts or purchase agreements, you should perform your due diligence to...
There are a lot of ingredients that go into making a successful business. You need strong supply chains, top talent, aggressive marketing, and a willingness to adapt to a changing business climate. Another major component of a successful business that is often...
Owning commercial properties in Saint Petersburg and the surrounding areas of Florida requires great attention to safety, aesthetics and efficiency. With that, it is not uncommon to see ongoing construction projects. Some locations are considered up and coming and are...
Real estate investors should never forget to conduct their due diligence even if a potential deal appears tempting. There are warning signs that a commercial real estate deal is not as good as it looks and should be closely scrutinized or even avoided. Heavily...
A local industrial property used by a manufacturer of high-end tobacco products sold for over $15.5 million. The sale was part of a broader deal between two investment firms. The selling firm originally bought the property for $14.8 million about a year ago. The...
Larry Silvestri was recently interviewed by the Business Observer about how COVID-19 is impacting the Tampa Bay commercial real estate market. Read an except from the Q&A below: Larry Silvestri has been practicing commercial real estate law for more than 35...
The St. Petersburg Chamber recently featured Silvestri Law on its Brights Spots Blog. See an excerpt of the writeup below: Silvestri Law is a St. Pete-based commercial real estate law firm focused on delivering practical, cost-effective legal services for clients in...