In markets with active new development, builders have a structural advantage over individual home sellers, according to Florida Realtor Zach DiFilippo of Coldwell Banker Premier Properties in St. Augustine. DiFilippo points to the vertical integration of builder operations — where construction companies typically own the lender and the title company — as a key reason ...
Insurance has become a frequent obstacle in Florida real estate transactions. Still, one agent argues that deals collapse mainly when agents fail to anticipate and address insurance issues early, rather than because insurance is inherently unmanageable. “It’s easy for a deal to fall apart because of insurance if you don’t know what you’re doing,” says ...
Investor demand for South Florida condominiums has sharply declined as the economics of ownership no longer support positive cash flow, according to Melissa Galada, a realtor with RJM Real Estate Corp who specializes in the Boca Raton and Delray Beach markets. Galada reports that properties which would have attracted immediate investor interest two or three ...
The New York City office market has changed dramatically in the past two years, driven by more than just return-to-office mandates or the rise of hybrid work. A decisive trend is now determining which buildings succeed and which struggle: tenants with lease flexibility are actively moving to higher-quality buildings and better neighborhoods, often for rents ...
The 2024 hurricane season has heightened concerns about the risk to Florida real estate. Still, the pattern of actual damage tells a more specific story, according to Jose Cardenas, principal at Premier Sotheby’s International Realty. The majority of flood-damaged homes were older, single-story structures built decades before current building codes, not modern construction. “Most of ...
The debate over return-to-office policies has centered on mandates and compliance, but beneath the surface, companies are rethinking the purpose of their office space. Michael Rait, Founder and President of BR Design Associates, says businesses are no longer treating offices simply as places where work is done. Instead, they are redesigning them to support specific ...
Over the past 18 months, the balance of power in commercial real estate leasing has shifted, according to Michael Rait, Founder and President of BR Design Associates. Landlords, responding to tighter supply and steady demand, are no longer simply offering cash allowances for tenant improvements. Instead, they are providing more substantial, standardized build-out packages—often categorized ...
South Florida’s real estate market has cooled sharply from the pandemic-driven surge of 2021-2022, but many homeowners have yet to adjust their expectations. Melissa Galada, a realtor with RJM Real Estate Corp who has served the Boca Raton and Delray Beach markets since 1999, says that sellers who bought during the boom are now the ...
The Phoenix metropolitan area must prepare for an influx of 1.1 million new residents over the next 15 years, a challenge that is already forcing developers, investors, and policymakers to rethink how and where the region can grow. According to Tom Johnston, Executive Director of the WP Carey Center for Real Estate and Finance at ...
Mom-and-pop landlords who built up portfolios of single-family rental homes over decades are discovering their properties are worth far less than anticipated, as institutional buyers focus on income streams rather than individual home values. Tom Johnston, Executive Director of the WP Carey Center for Real Estate and Finance at Arizona State University, says the single-family ...
The luxury real estate business operates on a fundamentally different timeline than most professionals realize, according to Jed Weaver, a Realtor with The Keyes Company who has spent two decades in South Florida’s high-end markets. “The average real estate agent is going to close five deals a year, but those five deals come very seasonally,” ...
Tampa is attracting a new class of ultra-wealthy buyers who already own properties in cities like London, Dubai, and New York, according to Jose Cardenas, principal at Premier Sotheby’s International Realty. These buyers are not first-time homeowners or typical investors. Instead, they are adding Tampa to their global portfolios for its unique lifestyle offering rather ...
Florida’s coastal markets, especially Sarasota, are seeing a surge in new-home construction, altering both the supply landscape and investment opportunities. Ray Collins, a realtor at Coldwell Banker Realty, describes a development scale that is reshaping how buyers and investors approach market timing and property selection. “There’s a lot of new construction going on right now ...
Many commercial real estate investors are sidelining themselves by holding out for double-digit cap rates that are nearly impossible to find, according to Larry Gotcher, owner and principal agent at Resource Realty Group in Michigan. Gotcher, who closes between $100 million and $150 million in income-producing property transactions annually, says outdated return expectations are preventing ...
Broadcast towers are often viewed simply as technical infrastructure. Still, according to industry expert Roger Rafson, they function as valuable “vertical real estate” assets that generate steady lease revenue from cellular carriers, municipalities, and emergency services. This income stream is often overlooked in traditional radio station valuations, yet it can significantly impact a station’s overall ...
