Insights
In the Media
25% Tariffs On Mexico, Canada Begin, Complicating CRE Outlook
Day Pitney Miami Partner Daniel Diaz Leyva was recently featured in the Bisnow article, "25% Tariffs On Mexico, Canada Begin, Complicating CRE Outlook," where he discussed the impact of the administration’s new tariffs on construction costs and commercial real estate financing.
Diaz Leyva, chair of the firm’s Florida Real Estate practice, shared his perspective on the financial implications, stating: “Lenders will need to consider the possible increase in costs to projects they are financing given the impact of tariffs on materials used in such construction.”