ULI Central Florida: Weathering The Storm: Florida’s Builder Insurance Surge

When

2023-08-24
2023-08-24T08:00:00 - 2023-08-24T09:30:00
America/New_York

Choose Your Calendar

    Where

    Citrus Club Will open in a new window 255 S Orange Ave Suite 1800 Orlando, FL 32801 UNITED STATES

    Pricing

    Standard Pricing Until August 22 Members Non-Members
    Private $35.00 $50.00
    Public/Academic/Nonprofit $20.00 $35.00
    Retired $35.00 N/A
    Student $20.00 $35.00
    Under Age 35 $20.00 $35.00
    Late Pricing Begins August 23
    Private $45.00 $60.00
    Public/Academic/Nonprofit $30.00 $45.00
    Retired $45.00 N/A
    Student $30.00 $45.00
    Under Age 35 $30.00 $45.00
    REGISTRATION DEADLINE: AUGUST 23

    Throughout Florida’s recent growth the real estate sector has endured many disruptions to the development process including climbing interest rates, rise of labor and material costs, and debt and equity scarcity. Now many developers have seen a spike in their builders insurance which in some cases can be up to 3x the cost of recent years. 

     

    This panel of commercial insurance and multifamily development experts will discuss how the insurance marketplace in Florida got to this point and when any potential relief or stabilization is going to occur. They will also offer many creative solutions to help minimize the impact of this rising cost which could ultimately determine a projects viability.

    Thank you to our Host Sponsor: Fision/Hotwire Communications

    Citrus Club 255 S Orange Ave Suite 1800 Orlando, FL 32801 UNITED STATES

    view map Will open in a new window

    Speakers

    Michael Shadeed

    Franklin Street

    As Managing Director of Franklin Street Insurance Services team, Michael Shadeed is committed to serving clients’ needs by offering value-added services and competitive market prices. Mr. Shadeed specializes in all product types within the real estate industry including apartments, office, industrial, retail, and hotels. Being involved in the commercial property and casualty insurance industry for more than 10 years, Mr. Shadeed began his career with BWT Risk Advisors, in Johns Creek, Ga., focusing on real estate and construction clients. He is a scheduled guest lecturer every semester at the University of Georgia’s Terry College of Business, speaking to the Risk Management program on accomplishments in building a retail agency. Mr. Shadeed graduated from the University of Georgia’s Terry College of Business, majoring in Risk Management and Insurance with a concentration in Finance. He is an Accredited Advisor in Insurance (AAI) and Commercial Lines Coverage Specialist (CLCS) is currently pursuing his Certified Risk Manager (CRM) designation.

    Stanley Adwell

    President & Co-Founder, Intellisteel

    Stanley is the CEO & Co-Founder of Intellisteel, a provider of mobile, on-site, steel framing solutions for the construction industry which achieves design flexibility and reduces production time with quality end results. Adwell has more than 18 years of experience building and scaling start-ups and established businesses across various industries and international markets, most recently serving as the Managing Director of a steel frame design and build system manufacturer based in New Zealand that is utilized in Intellisteel’s proprietary process.

    Bobby Anderson

    Managing Director, Alliance Residential Company

    Bobby Anderson is responsible for all new development and acquisition activities in the Orlando, Tampa, and Jacksonville areas. He brings 14 years of experience to the role. Prior to joining Alliance, Mr. Anderson worked for ST Residential where he oversaw the Florida multifamily portfolio. Mr. Anderson has been involved in the sale of more than 2,500 condos and the development of more than 2,700 apartment units ranging in product type from garden to townhome, mid-rise, high-rise and mixed-use with an estimated value of $1B+. Mr. Anderson holds a BA and MS in Real Estate from the University of Florida.

    Upcoming Events