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Steve Marcinuk
02 Dec 2025

New York State leads the nation in historic tax credit utilization, processing more projects in the last decade than another other state. At the center of this activity is Preservation Studios, a Buffalo-based firm that has managed over half of the state’s historic tax credit projects over the past ten years, representing $1.4 billion in total ...

Steve Marcinuk
02 Dec 2025

Miami’s luxury real estate market operates as a patchwork of distinct submarkets, each shaped by price, building age, and location. While industry reports cite 19 months of inventory in the luxury condo sector, this headline figure masks the realities agents encounter daily. Demand, pricing, and absorption rates vary sharply between neighborhoods, buildings, and price brackets, ...

Steve Marcinuk
02 Dec 2025

New Jersey-based TAY Investments has closed on its largest acquisition to date, securing a fully approved development site at 212-230 Culver Avenue in Jersey City’s West Side neighborhood. The deal marks a significant milestone for the vertically integrated developer and underscores growing confidence in one of the region’s most rapidly transforming corridors. The 56,897-square-foot site ...

Rudi Davis
01 Dec 2025

Memphis has a homeownership problem that goes far deeper than affordability, according to one local real estate professional who says the majority of renters in the city could actually qualify to buy but simply don’t know it. According to Ricki Fitzpatrick realtor with Keller Williams Realty, the fact that 55% of Memphis residents rent their ...

Rudi Davis
01 Dec 2025

Miami’s Edgewater neighborhood could soon become a testing ground for a new model of climate-resilient development financing, as city officials prepare to vote on a proposal that would require developers to pay per-unit fees into a “resilience trust fund” in exchange for dramatic density increases. The Miami planning and zoning appeals board has crafted a ...

Rudi Davis
01 Dec 2025

Geography is destiny in real estate, and one Miami-based operator believes he’s identified a geographic arbitrage opportunity that most investors are missing: the compressed distance between wealth and affordable housing in Palm Beach County. Alejandro Gershanik of BM2 Realty, who has been heavily investing in Palm Beach area properties throughout 2025, argues that the physical ...

Rudi Davis
01 Dec 2025

The real estate playbook says to trade up: sell smaller properties, buy bigger ones, chase institutional-grade assets with stable cash flows. Alejandro Gershanik of BM2 Realty, is tearing up that playbook entirely. The Miami-based operator, who manages around 680 units across South Florida, has spent 2025 doing exactly the opposite of what most investors pursue. ...

Rudi Davis
01 Dec 2025

The luxury real estate market has undergone a fundamental shift that most agents haven’t fully grasped, according to Rod Watson, founder of Distinct Concierge Real Estate. His recent $18.8 million deal closure demonstrates how data-driven negotiation strategies are outperforming traditional approaches in today’s buyer’s market. Watson says homes in Beverly Hills’ ultra-luxury market are now ...

Alejandra Rodriguez
01 Dec 2025

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 ...

Steve Marcinuk
01 Dec 2025

Despite widespread caution about traveling to the United States, Canadian interest in U.S. real estate remains resilient. Recent data reveals that travel hesitancy has not resulted in reduced property acquisition activity. According to the National Association of Realtors, Canadians are the top foreign buyers of U.S. residential real estate, accounting for 14% of foreign purchases ...

Steve Marcinuk
01 Dec 2025

The Imperial Valley, California’s southernmost agricultural region bordering Mexico, presents distinct opportunities and challenges for real estate professionals. Few understand this market better than Gisela N. Sanchez, a seasoned agent with eXp Realty, who has built a thriving business by integrating traditional real estate sales, property investment, and community education. A Foundation Built on Experience ...

Steve Marcinuk
01 Dec 2025

The South Florida luxury market is compressing transaction timelines through a format gaining traction among high-end sellers: competitive auctions. Properties that historically spent months on the market are now closing within weeks as auction houses attract pre-qualified buyers to bidding events. Larry Mastropieri, who tracks regional real estate developments through The Mastropieri Group, observes that ...

Rudi Davis
30 Nov 2025

When Erik Hayden’s real estate development firm Urban Catalyst was forced to lay off 75% of its staff and move operations into a plumbing company office, it crystallized a harsh reality about the development business: macroeconomic forces beyond any developer’s control can destroy even well-positioned companies. Global macroeconomic pressures – including the pandemic and elevated ...

Rudi Davis
30 Nov 2025

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 ...