Multifamily Land Grab Expected To Slow As Interest Rates Rise

Rising interest and insurance rates are projected to slow down South Florida multifamily investments following a year of frenzied buying, according to a recent report from Franklin Street. Dan Dratch, director of multifamily investment sales at Franklin Street’s...
Commercial Property Sales Up 183% Across South Florida

Commercial Property Sales Up 183% Across South Florida

Commercial property purchases have shown few signs of slowing down after a banner year, according to a recent report from JLL Capital Market’s Miami office. South Florida commercial real estate transactions rose to $25 billion in 2021. That’s a 183%...
Tampa Bay Saw Biggest Rent Hikes In US This Year

Tampa Bay Saw Biggest Rent Hikes In US This Year

Tampa Bay claimed more than a Super Bowl this year, leading the nation on rent increases in the months after its hometown Buccaneers led the National Football League. CoStar Group data shows rents in the metro area increased 24 percent, on average, over the last 12...