Women In Commercial Real Estate: Has There Been Any Progress?
For measuring commercial real estate progress for women in the industry, a recent study found that though the income differences between men and women are shrinking, a significant income gap still exists. Last year, the median total annual compensation, including bonuses, compensation and profit sharing, was $150,000 for men and $115,000 for women in commercial […]
Tampa Bay Is One Hot “Flipper” Market
If you’re working in commercial real estate, you may find of interest that one of the most notable developments in recent Tampa news, is New York commercial real estate development firm Bromley Cos. The firm is now in agreement to move forward with the four mixed-use towers with a height of 260 feet or more […]
Technology Advancements And Consumer Behavior Will Disrupt The Commercial Real Estate Industry More Than You Ever Expected
The collaborative economy, disintermediation of brokerage and leasing, war for talent, and the “last mile” are all considered to be the next disruptors in the next decade within the commercial real estate industry, According to a CRE outlook report released by Deloitte.”We believe the nexus of technology advancements and consumer behavior changes has the […]
Prudential’s Hyat Says To Invest In Real Estate Near Biotech Hubs
PGIM, Prudential Financial Inc., the $1 trillion asset-management arm needs to capitalize on commercial real estate investment opportunities nearby biotechnology markets. Here’s what Taimur Hyat, chief strategy officer had to say. With biotechnology‘s present strong growth happening within its industry, there are chances for commercial real estate investments to attain attractive returns in markets […]
South Florida’s Leasing In The Tech Sector Doubles Since 2013
CBRE recently indicated in its report that the office leasing in South Florida by technology firms has doubled since 2013. According to the report, in 2015, firms in technology-related industries accounted for 848,000 square feet in new office leases, an 83 percent jump from 2014 — Magic Leap’s Plantation expansion, continued expansion of co-working companies, […]
Commercial Real Estate In Solar Markets Growth: PACE, Finance Innovations
Financial Innovations like PACE may be crucial the expansion of solar markets in commercial real estate. PACE financiers invested $252 million in 734 commercial buildings in 14 states. Though the solar industry has changed significantly since the 1970, the solar energy sector is still a long way from adoption by the commercial real estate industry […]
South Florida Hospitality Insights
As real estate fundamentals continue to improve, the global hotel investment continues to rise. The recent report by Ernst & Young indicates that global hospitality and leisure transactions increased 8 percent year-over-year through Q3 2014, showing that the industry continues to gain momentum even in the face of accelerating geopolitical instability, health and terrorism concerns. […]
Record Data May Be Masking Warning Signs In The Market
Is it all too good to be true? According to recent record findings, data revealed in commercial real estate may be masking warning signs in the commercial property market. According to Real Capital Analytics, the U.S. commercial real estate market recently posted its second-best January ever in 2016, with $44.6 billion in transactions for that […]
Confronting Diversity Woes In Commercial Real Estate
Here is an interesting fact — In the commercial real estate industry, white men still dominate all positions. Florida A&M University recently entered a partnership with FAMU and Front Street Commercial Real Estate in effort to address the current challenges with the minority gap. The partnership involves working together with the universities to create internships […]
Invesco Advisers $98 Million Blockbuster Deal
This year, Invesco Advisers Inc. received a $98 million industrial portfolio made up of seven commercial real estate properties located within the Miami-Dade and Broward counties. Doral-based commercial real estate firm, The Easton Group had retained a 10 percent interest rather than sell off the properties completely, and held its title as property manager leading […]
Federal Kudos For One Orlando Office Tower
One Orlando Office Tower recently received kudos from federal officials. The U.S. Department of Energy program which advocates on energy efficiency commended One Orlando Center’s green upgrades with a federal recognition. One Orlando Center Office Tower is a 9-story office tower located in Orlando. The tower received the recognition for its effort to reduce water […]
Coldwell Banker Talks Driverless Cars And How It May Impact The Sector
For so many years experts and the public have been speculating the day when driverless cars finally come of age. Enter the the shared economy. Brandon Fugal is the Chairman of Coldwell Banker Commercial Advisors (CBC Advisors). Fugal recently spoke with Bloomberg and gave some very interesting insight regarding driverless cars. In the interview, he […]
Blackstone Sees Lower CRE Returns
Jonathan Gray, Blackstone Group’s head of real estate, noted headwinds in the commercial property market. The present volatility in financial markets may be hindering the demand for real estate. Gray spoke at a conference last month and said that rates of return are declining and it’s “very difficult” sell and bundle real estate loans, hindering […]
Sports Authority’s Chapter 11 Filing
Last month, Sports Authority Inc.’s bankruptcy sent shock and awe across the sporting-goods industry, with companies noting that it had both opportunities and challenges. Sports Authority was at one time the largest sporting-goods retailer in America. Sports Authority was founded right in the South Florida region and has had a strong presence here. Sports Authority’s […]
Hot Areas Addressed By Real Estate Professionals For 2016’s Market And Trends
The 2016 South Florida Real Estate Outlook Survey — With the end of 2015, nearly 100 developers, brokers, investors, lenders and contractors participated in a survey by Berger Singerman to help derive the opinions of local South Florida real estate professionals regarding the market and trends. Simply put, the results indicated a positive outlook in […]
Gregg D. Fienberg of HBO’s True Blood, CRE’s Using Call Management
Hello everyone. Commercial real estate developers can learn a lot from Gregg Fienberg, the Executive Producer of HBO’s leading drama series True Blood. You see, Fienberg was frustrated of trying to manage his calls for many years. Anything from emails, spreadsheets, texts, call reminders, and more texts from his assistant were considered part of his […]
Hilton Gets Even More Ambitious For Growth With Its Luxury Curio Brand
In Miami, the Vintro Hotel South Beach has just partnered to join Hilton’s Curio collection as the second hotel brand’s property in the area. “It’s no coincidence that this will be our second property in South Florida in such short order since we launched the brand just over a year ago,” said Matt Wehling, senior […]
CRE’s Benefit From Smart Appointments
Here is some wonderful news for any commercial real estate developer (CRE) — Smart Appointments are beginning to take over in 2016! Just earlier last month, Adept Business Systems has released its latest version 3.2 of Surga Central – a vertical SaaS software commercial real estate solution for sales and marketing. So what exactly are […]
South Florida Areas That Are Prime for Commercial Growth
The general economy has bounced back since the Great Recession of the early 21st century which lasted for 19 months from December 2007 to June 2009. Of all of the states in the United States, Florida’s economy, since the Great Recession, has grown in leaps and bounds compared to most of the other states. The […]
Commercial Real Estate Absolute Value VS. Relative Value
From a monetary perspective, investing in real estate is very similar to investing in the stock market. If you plan to profit in your real estate investments, you must have a good idea about the value of the property you purchase. Having this information allows you to make an educated guess about how much profit […]
