Tampa Bay Saw Biggest Rent Hikes In US This Year
CoStar Group data shows rents in the metro area increased 24 percent, on average, over the last 12 months, according to the Tampa Bay Times. That’s the most for any city with at least 100,000 apartments.
Why Investors Shouldn’t Fear CRE’s High Prices
The history of the rise and fall in a particular piece of real estate over the last several years is irrelevant,
Miami-Dade Retail Center Trades For $108M
JLL marketed the property on behalf of the seller, a partnership led by Stiles Corporation and Lubert Adler Real Estate Funds.
Melo Buys Miami City Block For $105M To Build Four 60-Story Towers
The Fort Lauderdale-based seller assembled the land over two decades beginning in 1999, paying a combined $8.2 million, according to property records.
A Big Year For CRE Investment In 2022? How About A Record Year?
A record-setting year for investment in commercial real estate in 2022 is expected, thanks to pent-up demand from the COVID-19 pandemic, major fiscal stimulus projects and a rebound of big cities and downtowns.
Looming Tax Break Deadline Is Spurring Last-Minute South Florida Real Estate Deals
Besides the temporary deferral, other advantages include the exclusion of taxable income on new gains on investments held for 10 years or more, and a 10% increase in the investment if the qualified opportunity fund is retained for five years and a 15% increase if the investment is held for seven years.
Grant Cardone Drops $744M For Four Broward Apartment Complexes
The portfolio includes 1,688 apartments, which works out to roughly $441,000 per unit.
2022 Commercial Real Estate Vision
Stepping into 2022 should be a good deal less jarring. And although experts say it will be another good year, there might be changes and surprises.
New Warehouse Leases Boosted By Inflation, Supply Chain Crisis
Prices for industrial property leases are up 25 percent on average compared to five-year lease contracts that expired in 2021.