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Recovery In CRE Sales, Pricing Up Year over Year, Despite Sluggish First Quarter

The first quarter of this year did not see as much sales volume as the end of 2012, but with buyers rushing to close before years end, this is a normal occurrence, year after year. Overall, as the years pass by, commercial real estate continues to recover from the recession. All sectors continue to see growth, though some better than others. For a more in depth look into the prospering industry, read the full article.

CoStar | Randyl Drummer

For the Fourth Straight Year Since 2010, Seasonal Slowdown Causes Early Declines In Pricing And Sales Activity

Florida economy’s bounce-back is real, report says

Florida’s growing tourism and dropping unemployment rate are two factors helping the state recover from its economic woes.
Though there are factors which hinder the state from climbing out of the recession at a faster pace, overall, Florida’s economy continues to improve.

Orlando Sentinel | Jim Stratton

An economic forecast from Wells Fargo released Wednesday says Florida’s economic recovery is for real, but it’s just not very exciting.

Retail RE Market Lacking Product, Not Demand

With developers still being cautious about building, the supply of new retail space is not matching with the current demand. Many investors are interested in net leased properties, but with a small supply, there is much competition in the retail market. Until commercial real estate reaches a state of continued growth, builders are reluctant to invest in new developments which will, in turn, continue to have an impact on the current state of the retail sector. Do you find it hard to find net leased investments for your investors? Has development picked up in your market area?

Akerman Senterfitt Survey: Optimism Among Real Estate Executives Hits Record-High Since Financial Downturn

A recent survey shows that multifamily is thought to be the sector that will strive the most this year. Land for development is going quickly and investors are ready to buy multifamily properties once they become available. All around confidence for the commercial real estate market continues to grow each year. Read the full article for more results from the survey.

Akerman Senterfitt

Optimism among the nation’s leading real estate executives rose to a record-high since the collapse of the financial markets almost five years ago, according to a survey conducted at Akerman Senterfitt’s U.S. Real Estate Summit.

Investors Still Hot on South Florida Apartments

In the past year, the amount of multifamily properties that have sold has almost doubled. Whether there are over 100 units or less than 100 units, the property is in good condition or needs renovations, there are plenty of investors from all over the world ready to invest in these quick moving assets. Have you seen an increase in demand for multifamily properties?

Josh Mrozinski | CommercialRealEstateDirect.com

Greater demand, a scarcity of available properties and low interest rates have led to a decline in capitalization rates for apartment properties selling in South Florida.

Exclusive economic index shows South Florida’s rapid climb

Things seem to keep getting better for Florida. Growing tourism and a better economy both help boost the commercial real estate industry. Have you seen a change in commercial real estate in your area? Are you getting more calls and/or having more showings?

Kevin Gale | South Florida Business Journal

South Florida climbed out of an economic dungeon in March – going from 94th place in February to 67th on the American City Business Journal’s On Numbers Economic Index.

Shadow Tenancy Driving Distressed Deals

There are many tenants out there keeping their eyes on new locations which are owned by banks. These tenants wait for the bank to sell the property to a more secure, long term landlord. Investors of these properties are finding when they buy the asset from the bank, there are eager tenants ready to fill the empty space. This is knows as “shadow tenancy”. They hide in waiting for the perfect opportunity to relocate into these newly sold bank assets. Have you come across such potential tenants?

W. Stephen Hagenbuckle|National Real Estate Investor

Florida population booming again

With Florida’s population growing at a fast pace, real estate will surely reap the benefits. More people means more houses being built and sold, as well as more retail sales, which will create an increase in the demand for commercial space. Another positive sign for the future of commercial real estate.

Michael Pollick & Kevin O’Horan |Herald Tribune

Coming back strong after a post-recession starching, Florida is now growing so quickly that the Sunshine State could soon overtake New York as the nation’s third most populous state.

Liquidity Returns to Commercial Real Estate

Though low interest rates are a positive for the commercial real estate market, there are some downsides. Concerns about interest rate increases in the future, as well as how quickly things are changing, are just a few issues being discussed. Read the full article for an in depth look into the current CMBS sector.

Keat Foong | Commercial Property Executive

The low-interest-rate environment is driving the demand for relatively higher-yielding commercial real estate loans, and the commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s (MBA) 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.

Florida Investment Monitor

Sperry Van Ness Florida’s Economic and Commercial Real Estate Trends Report features national and Florida market updates.

Sperry Van Ness Florida

Stock market indices soared in January to their highest levels since before the recession. Milestones on the Big Board and the NASDAQ signal investors’ growing confidence in the long-term outlook for the American economy.

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