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In the Media
What to Watch in Florida Real Estate in 2025's Second Half
Day Pitney Miami Partner Daniel Diaz Leyva and Miami Land Use Partner Steven Wernick were recently featured in Law360 discussing the economic and policy forces shaping Florida’s real estate market in 2025.
Diaz Leyva, chair of the firm’s Florida Real Estate practice, noted that the state’s market faces both opportunity and pressure, with potential Fed rate cuts encouraging investment even as tariffs and higher costs threaten to slow new development. “Tariffs may create friction, but Florida’s fundamentals – demographics, tax environment and global appeal – mean the market will adapt, with investors becoming more selective and strategic in the projects they pursue,” he said.
In examining South Florida’s growth challenges, Wernick emphasized opportunities for developers arising from the evolving regulatory environment. He cited Miami’s Transit Station Neighborhood Districts as one such effort, explaining, “We are continuing to see significant policymaking at both the state and local level in South Florida aimed at addressing the intersection of transportation, housing affordability and land use regulations.”