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LAKELAND – There is no state or local requirement for recurring inspection, testing or recertification of buildings greater than three stories or 50 feet in height, also known as threshold buildings,” according to Lakeland and Polk County officials. “There are likely private insurance requirements and potentially others involving condo association owners of threshold buildings,” said Kevin Cook, Lakeland s communications director city official, said. “But those are not local government regulations.” On June 24, Champlain Towers South, a 12-story beachfront condominium in Miami, collapsed, leaving at least 18 people dead and 147 missing as of Thursday afternoon. The Florida Building Code limits local enforcement agencies authority, only requiring a special structural inspector during new construction, repair or restoration projects. Only when the structure of a building is being modified does the Florida Building Code require a special inspector, who ....
GenX Lending: Hard Money, Made Easy Miami based GenX Capital Partners launches its direct lending platform to meet the needs of real estate developers and investors Sponsored content provided by GenX Lending Share GenX Lending provided $9 million in LP Equity Financing for the $53 million acquisition and renovation of Statler Arms in Cleveland, Ohio Since 2017, Cape Elizabeth, Maine native Mark McClure has headed up GenX Capital Partners, LLC, a Miami, Fl. based real estate investment banking firm that has closed more than $400 million in commercial real estate debt and equity financing for seasoned developers and investors on a national basis. Until recent years, the size of the Maine market has not been conducive to McClure’s financing platform. He found it frustrating because it is a market he not only understands, but loves. ....