by Debbie Colangelo | Nov 23, 2022
A New York-based developer has proposed a 13-story office building in the Centrepark office district in West Palm Beach. Centrepark Master Mind LLC, managed by Babak Ebrahimzadeh of New York-based development firm Master Mind, filed a development application with city...
by Debbie Colangelo | Nov 21, 2022
Institutional investors are continuing to increase target allocations to real estate despite the first decline in confidence among the segment in five years. The tenth annual Institutional Real Estate Allocations Monitor by Hodes Weill & Associates and Cornell...
by Margeaux McCarthy | Nov 20, 2022
The Lee County Board of Commissioners approved Bank of America to provide funding for a $150 million revolving line of credit for Hurricane Ian recovery and mitigation. The funding will provide cash flow for recovery and mitigation of damages, including debris...
by Margeaux McCarthy | Nov 18, 2022
Featured topics: Thanksgiving Inflation Inflation ULI-PwC Emerging Trends In Real Estate Retail Sales Retail Inventories Excluding Autos Grocery’s Ongoing Resilience MSCI RCA Property Price Index FHFA Multifamily Loan Purchase Caps NAHB/Wells Fargo Housing Market...
by Margeaux McCarthy | Nov 18, 2022
WINK News is getting a look at how crews are picking up the piles of debris in our area. Charlotte County contracted Ashbritt to help with the cleanup. Multiple sites in the county are close to collecting more than two million cubic yards of debris. The people who...
by Debbie Colangelo | Nov 17, 2022
The office building, once the pinnacle of commercial real estate, now feels more like a liability. Inflation, rising interest rates and remote work have left the asset class uniquely exposed to declines in valuation. Vultures are starting to circle for distress. But...
