The latest real estate industry news and announcements
The luxury real estate market in Vero Beach is showing renewed momentum after a period of slower activity, according to Agnieszka Szymanska, a leading realtor at Dale Sorensen Real Estate. Szymanska, who has nearly 15 years of experience in the Treasure Coast luxury market, points to infrastructure improvements and demographic changes as key factors driving ...
Institutional investment firms are significantly reducing their minimum deal size requirements in South Florida’s industrial market, with thresholds dropping from over 100,000 square feet to as low as 50,000–60,000 square feet. This adjustment comes as large firms seek to capture momentum in the mid-market sector, according to Jason Abitbol, Senior Investment Advisor at APEX Capital ...
South Florida’s luxury condo rental market is facing a sharp decline in profitability, with investors offloading properties purchased less than a year ago as high HOA fees and soaring insurance premiums wipe out expected returns. According to Joseph Hunike, COO of Threshold, these escalating costs are undermining the economics of high-end condo ownership, pushing even ...
South Florida’s industrial development is increasingly focused on multi-tenant properties, as builders respond to slowing absorption in the large single-tenant sector and heightened demand for smaller, flexible industrial spaces. According to Jason Abitbol, Senior Investment Advisor at APEX Capital Realty, developers are shifting priorities to align with current market realities. Current Development Assessment Absorption rates ...
Wellington’s real estate market stands apart from other Florida markets due to a powerful, recurring economic engine: an annual international equestrian event that brings thousands of wealthy competitors and their teams to the area for 13 weeks each year. Jim Corbin of Illustrated Properties, a Wellington real estate agent since 1978, says this influx has ...
Real estate agents struggling to motivate buyers in today’s high-rate environment may be approaching the problem from the wrong angle, according to one team director who says the key is reframing the entire conversation around what buyers can control versus what they can’t. Nate Armstrong, Chief Sales Director at K2 Omni Group, has developed a ...
Independent real estate brokers who pride themselves on autonomy may be inadvertently limiting their growth potential by operating outside established networks that provide access to elite peer groups and shared resources, according to one team director who made the transition from independent to network-affiliated operations. Nate Armstrong, Chief Sales Director at K2 Omni Group, says ...
Brokerage executives are finding that traditional financial statements alone no longer provide the clarity needed to run a successful real estate business. According to Cheryl Wellman, Chief Financial Officer at AccountTECH and former controller at Premier Sotheby’s International Realty, financial reports frequently show what happened to profitability but fail to explain why results changed or ...
The South Florida luxury condo market is experiencing a dramatic split that’s reshaping buyer behavior across the region. While older condos have seen prices drop 46%, new construction has surged 50%, according to market data – a divergence that industry professionals say reflects fundamental structural changes rather than typical market fluctuations. Kirsten Smith, a Realtor ...
Lancaster, Pennsylvania markets itself as developer-friendly, but according to one veteran developer, the city’s complex permitting processes and cultural preferences create significant barriers for outside capital – a dynamic that may protect local interests while limiting the resources needed for large-scale urban revitalization. According to John Meeder, President of Meeder Development Corporation, Lancaster’s mix of ...
The Caribbean real estate market operates on fundamentally different financing principles than North American markets, creating both significant barriers to entry and extraordinary opportunities for investors with available capital, according to an industry expert. David Kafka, broker/owner of RE/MAX 1st Choice Belize, says financing remains one of the most misunderstood elements of Caribbean real estate. ...
The South Florida luxury real estate market is experiencing a clear bifurcation, with the $2-5 million segment showing resilience while other price points face challenges, according to an agent working directly in the region’s high-end market. Kirsten Smith, a Realtor Associate at Douglas Elliman Real Estate specializing in luxury properties, says different market segments are ...
Weather influences property operations in ways that aren’t always obvious until something goes wrong. Extreme heat can turn a maintenance ticket into a health-and-safety emergency. Freezing temperatures can turn a small leak into a burst pipe. Storms create a cascade of issues, from clogged gutters to structural damage. Yet the systems that property teams use ...
International investors are flooding into U.S. luxury real estate markets as geopolitical instability and stock market concerns drive capital flight from overseas, according to Rod Watson, founder of Distinct Concierge Real Estate. His recent experience with Indonesian buyers reflects a broader trend that could reshape luxury property demand. Foreign buyers have recently funneled nearly $56 ...
The real estate industry’s obsession with aggregate market data is leading to fundamentally flawed analysis of Miami’s luxury market, according to a veteran agent who has spent over two decades navigating South Florida’s complex property landscape. Joelle Oiknine, a Senior Global Real Estate Advisor at One Sotheby’s International Realty, emphasizes that Miami’s real estate market ...
