Industry panel: Expect fewer amenities in new residential developments

At the Lay of the Land Florida Conference in Lakeland in late February, industry insiders, policy makers, investors and property owners gathered for two days to talk about what they’re seeing.

This year’s event was held in the shadows of high interest rates, a slowdown in economic activity and uncertainty whether there’s a recession in the country’s future. Those gathered talked conservation and deals and got economic updates.

One of the big topics was the state of the residential housing markets. It featured three panelists: Noah Breakstone, managing partner and CEO of commercial developer BTI Partners; Daniel B. Green, principal at the real estate investment firm Wheelock Street Capital; and Jim Bavouset, executive vice president of national land operations for homebuilder Lennar.