{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"EP. 222 Jeff Rosenfeld: Multifamily Construction Update","description":"Today we get an update on Florida multifamily construction from our guest, Jeff Rosenfeld, Executive Vice President of Adivo Construction. Florida has had a lot of disruption in the last couple years with things such as tariffs and COVID. Recently, Florida has seen a mass influx of new residents looking for multifamily housing, but there is currently a shortage of skilled construction labor. We talk about how this is affecting multifamily construction costs and discuss how some investors are re-purposing various assets such as hostels and commercial loft space into multifamily housing (commonly called adaptive reuse). &amp;nbsp; Key Discussion Points [01:07]&amp;nbsp;Opening remarks by Eric Odum and Steven Silverman&amp;nbsp; [06:08]&amp;nbsp;About our guest:&amp;nbsp;Jeff Rosenfeld [06:59]&amp;nbsp;Give us an overview of Florida Multifamily market [10:15]&amp;nbsp;What's been going on with multifamily construction costs in the last few years and since COVID? [11:53]&amp;nbsp;What's the outlook on multifamily construction costs? [13:26]&amp;nbsp;With COVID as a disruptor, tell us about adaptive reuse (converting hotels \/ commercial loft space into multifamily) [15:05]&amp;nbsp;What areas of Florida are you seeing the most adpative reuse \/ repurposing of assets into multifamily? [18:08]&amp;nbsp;Is some of this asset repurposing going towards workforce housing? [20:22]&amp;nbsp;Tell us about the construction labor force situation in Florida [25:08]&amp;nbsp;How is construction adapting to low labor force? [27:45]&amp;nbsp;How would you compare the Florida markets vs the other markets around the country you work in? [29:47]&amp;nbsp;What types of value-add are you doing to improve your properties? [35:48]&amp;nbsp;How can folks contact you? &amp;nbsp; About Our Guest Jeff Rosenfeld is Executive Vice President and founding partner of Adivo Construction based in Deer Field Beach, Florida. &amp;nbsp;  CONTACT INFO Website:&amp;nbsp;https:\/\/www.adivoconstruction.com\/ Toll Free Number: 833-825-2425 &amp;nbsp;  ","author_name":"Invest Florida - A Real Estate Podcast","author_url":"http:\/\/investfloridashow.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/18017555\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/18017555"}