2023 Outlook Report: Cold Storage, Mall, Industrial Look Promising

Posted on December 27th, 2022 · Posted in Industrial / Flex, Investments, Multi-Family, Office, Retail

According to its recently released 2023 Commercial Property Outlook, Green Street has revised upward its net operating income forecast for cold storage, mall, and industrial while cutting its single-family rental estimates, Sectors with significant construction have solid demand according to the report. CLICK ON THE HEADLINE FOR MORE

Commercial Real Estate Will Avoid Worse-Case Scenario, Survey Finds

Posted on September 6th, 2022 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

The Trepp 2022 CRE sentiment survey received several hundred replies with half of respondents in commercial real estate, and others coming “from banks, capital markets/structured finance, and academia. And it wasn’t a pile of doom and gloom. CLICK ON THE HEADLINE FOR MORE

While Markets Correct, Are Florida’s Commercial Real Estate Owners Prepared For Higher Property Tax Bills?

Posted on August 23rd, 2022 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

Despite the changing economic pressures, 2022 CRE assessments in Florida will receive a significant increase on this year’s TRIM notices in response to 2021’s sales. County appraisers value property based on the economics leading up to Jan. 1, not after. CLICK ON THE HEADLINE FOR MORE

Longtime Industry Veterans Join Forces To Sell Adjacent Waterfront Multifamily Buildings

Posted on July 12th, 2022 · Posted in Investments, Land, Multi-Family, Retail

Representing the sellers in a combined $16 million transaction, industry veterans Judith (Judy) A. Dolan, Sr. VP with Levy Realty Advisors, LLC, and Stephen Hyatt, Sr. VP with Berger Commercial Realty, joined forces to sell two adjoining properties in Fort Lauderdale—an off-market, 14-unit, ±9,868-square-foot apartment building with 4 boat slips and a 10-unit cooperative situated on a ±16,500-square-foot lot with 2 boat slips CLICK ON THE HEADLINE FOR MORE

Las Olas

Fort Lauderdale May Stick Neighborhoods With $104 Million Redesign Bill For Las Olas

Posted on July 5th, 2022 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Property Management, Retail

Fort Lauderdale has already earmarked $100,000 in next year’s budget to pay a consultant to move forward with plans for creating a special tax assessment.