While most real estate investors focus on interest rates and access to capital, a different risk is quietly derailing more commercial property deals: environmental liabilities hidden in properties with long operational histories. John Paul Teague, a partner at Musick, Peeler & Garrett LLP who recently closed what he calls “probably the second largest real estate ...
Earlier this year, an overseas property owner discovered a costly breakdown in communication with his Miami property manager. After weeks without updates or rent transfers, he learned the manager had covered building expenses out of pocket and was redirecting rent to reimburse himself—without informing the owner. The dispute ended up in court, but the situation ...
You found the perfect Miami Beach penthouse. The views are stunning, the building is brand new, and the rental income projections look solid. Then the HOA bill arrives — $2,500 a month. Suddenly, your profit margins disappear. Across South Florida, condo investors are facing sharply rising fees that were not factored into their original investment ...
Conventional wisdom often casts oil-dependent real estate markets as risky, prone to dramatic swings in home values when energy prices fall. Yet Chris Cline of Grassroots Realty Group, a REALTOR® with 19 years of experience in Grand Prairie, Alberta, argues this view overlooks how economic structure can insulate a city from the worst effects of ...
According to Joseph Keshi, founder and CEO of Keshman Property Management, investors often focus on cap rates, appreciation, and tax advantages when evaluating markets. However, Keshi argues that legal differences—especially those related to eviction—directly affect investment performance. Nowhere is this clearer than in how long it takes to remove a non-paying tenant. Keshi describes a ...
The Florida Keys luxury real estate market is experiencing its most enormous inventory surge in half a decade, ending the post-COVID buying rush and ushering in a more balanced environment. This increase in available homes is changing how buyers evaluate waterfront properties in one of Florida’s most geographically limited markets. “We have the highest number ...
Montreal’s residential real estate market continues to outpace other major Canadian cities, with agents reporting steady activity despite national economic headwinds. While home prices in Toronto and Vancouver have declined, Montreal posted an 8.7% year-over-year price increase through mid-2024. This growth, however, is not uniform across all property types and neighborhoods. Joelle Bitar, founder and ...
Industrial real estate has moved from the margins to the mainstream over the past two decades, becoming one of the most competitive sectors in commercial property. David Ebrahimzadeh, President and Founder of Corniche Capital, has closely tracked this change and adjusted his strategy to profit from the sector’s rapid rise. Ebrahimzadeh grew up immersed in ...
The real estate franchise landscape is undergoing significant change as experienced leaders seek alternatives to the dominant national brands. Jay Olshonsky, a 43-year commercial real estate veteran and former CEO of NAI Global, has placed himself at the forefront of this shift by acquiring Sperry Commercial Real Estate and partnering in the Sea Glass residential ...
Sports facilities are playing a new and expanding role in real estate development, moving far beyond traditional standalone stadiums. Today’s projects are increasingly enlivened by mixed-use districts that leverage athletic venues with hospitality, retail, residential, and office components. These developments are designed to generate year-round activity and serve as economic engines for their communities, reflecting ...
After several years of rapid price gains and bidding wars, Ohio’s smaller real estate markets are settling into a steadier pace. In Wayne County, where the average home price is $254,000, longtime broker Amy Marinello of Berkshire Hathaway HomeServices Professional Realty is seeing the market shift to favor more balanced, deliberate transactions for both buyers ...
A practical solution to Connecticut’s housing shortage is gaining traction in Danbury: converting vacant or underused hotels and motels into apartments. Waleed Albakry, Planning Director for the City of Danbury, says the city is among the top municipalities in Connecticut for this type of adaptive reuse, turning long-closed hotel properties into new residential buildings with ...
A Wisconsin city administrator argues that communities within an hour of major metropolitan areas offer better economic conditions and more motivated municipal partners than the crowded urban markets that typically attract developers’ interest. Real estate developers may be ignoring viable opportunities in smaller regional markets due to outdated assumptions, according to Alex Mansfield, City Administrator ...
Developers may be passing over viable projects in smaller communities because local zoning codes are too complex to understand, according to one Wisconsin city administrator leading a complete overhaul of his city’s regulations. Alex Mansfield, City Administrator of Amery, Wisconsin, says the city’s zoning codes—last fully codified in 2004—have become so lengthy and contradictory that ...
Real estate investment companies function as market makers, buying and selling contracts continuously, regardless of economic cycles. But Andrew Farnell, National Transaction Coordinator at Elite Closing Solutions, says this model carries a hidden vulnerability that becomes acute during periods of market uncertainty. When transactions drag on beyond their anticipated timelines, the risk of failure rises ...
