A senior real estate executive says the widely reported weakness in the Florida condo market is overstated because overpriced listings distort the data. At the same time, well-priced properties continue to sell at a steady pace. The Statistical Distortion Florida’s condominium market has attracted negative headlines for over a year: prices are falling, listings linger ...
The residential development industry faces a fundamental mismatch between how it finances projects and how high-performance construction creates value, according to Cary DeCamp, Managing Director of Kala Performance Homes. This disconnect explains why passive house and similar building standards remain niche, even though they offer long-term economic benefits. DeCamp says that the main obstacle is ...
Most homebuyers never realize that the new house they purchased is likely built to low-quality standards, according to Cary DeCamp, Managing Director of Kala Performance Homes. He says the gap between what buyers expect and what they actually receive is both common and costly. “They have no idea how thin the walls are. They have ...
Developers are actively acquiring single-story warehouses south of the Queensborough Bridge and plan to replace them with five- to seven-story residential buildings. This strategy is creating a new arbitrage opportunity in Queens as rezoning unlocks higher-value residential development on former industrial sites. A growing group of investors is targeting industrial properties in Queens for residential ...
Sophisticated buyers who once treated contamination as a manageable cost are now walking away from industrial properties with environmental issues, sharply narrowing what qualifies as investable in Northern Brooklyn. Environmental due diligence has shifted from a routine step to a decisive filter for Brooklyn’s industrial investors. Eitan Hakami, a licensed associate broker at Greiner-Maltz Real ...
Conservative lending practices are creating a financing gap in Brooklyn and Queens industrial real estate, pushing more transactions toward seller financing and all-cash deals as buyers struggle to secure traditional loans. Eitan Hakami, a licensed associate broker at Greiner-Maltz Real Estate specializing in Brooklyn-Queens industrial properties, reports that a consistent pattern of low bank appraisals ...
Foreign cash buyers and Manhattan relocators are driving robust price growth in downtown Jersey City’s luxury condo market, setting it apart from the broader region, according to Sandy Cuevas, a realtor with Weichert Realtors who works across multiple Jersey City neighborhoods. While much of the local market is slowing and inventory is building, downtown’s $900,000–$1 ...
Many Atlanta homebuyers are making a costly mistake by holding out for mortgage rates to return to pandemic-era lows, according to Adrian Provost, CEO and Principal Broker at Realty ONE Group Terminus. Provost says the hope that 3% mortgages will return is unrealistic and could leave buyers facing higher prices in the future. “A lot ...
Jersey City investors are confronting a costly reality: extended holding periods are eroding profits at a pace few anticipated when they structured their deals. As properties linger unsold for months, the ongoing expenses of interest, taxes, insurance, and utilities are cutting deeply into returns—often more than any price correction. Sandy Cuevas, a realtor with Weichert ...
Higher acquisition costs in New York often deter out-of-state investors. Still, these buyers may be overlooking the long-term returns that set New York’s outer-borough markets apart, according to Patrick Dominique, a realtor at One Stop Agency who works with investors across Queens, Nassau County, and Brooklyn. Many investors compare New York’s entry prices to those ...
Real estate development has long been out of reach for all but the largest institutional investors, primarily due to a single structural constraint: illiquidity. When an institution commits capital to a multi-year development project, the funds are tied up until the building is completed and sold, often for four years or more. During this period, ...
Entitlement timelines have become as critical as labor costs and logistics access in determining which markets capture industrial investment, according to David Ebrahimzadeh, President and Founder of Corniche Capital. Developers now face a clear divide between regions where approvals stretch into years and those where projects can move from site plan to permits in a ...
In today’s tight housing markets, where limited inventory drives competition among buyers, the ability to structure a deal effectively often matters more than simply offering the highest price. Yet many buyers and their agents still focus narrowly on price, usually missing opportunities to craft offers that directly address sellers’ real needs. Chopper Russo, team leader ...
A member of a local real estate professional standards committee says she is seeing widespread violations of buyer agency agreement requirements, with some agents showing properties to buyers without the legally required documentation, leaving them open to fines that can exceed $22,000. Susan Greenbaum, a Realtor Associate with Keller Williams Village Square Realty and a ...
A persistent issue in real estate development rarely receives direct attention: many cities lack clear knowledge of their infrastructure capacity, making it difficult or impossible for developers to obtain straightforward answers about water and sewer availability. According to Waleed Albakry, Planning Director for the City of Danbury, Connecticut, this knowledge gap drives investors and developers ...
