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

Sperry Van Ness Florida

In spite of persistent weakness in many of the state’s housing markets, improvements in professional and business service employment, rebounding tourism, and strong demographic trends – including migration from other parts of the country and from abroad – are bolstering Florida’s recovery.

With hundreds of new residential units coming on board, read on to see what this means for the Miami multifamily market.

Jennifer LeClaire | GlobeSt

Even as the next wave of condo construction gets underway in Downtown Miami, developers are eyeing the perennial potential of Miami Beach.

As the job market and unemployment rate have been improving, read about how each real estate sector has potential to improve within the early phase of the recovery.

David Lynn | NREI

We consider real estate to be in the early phase of a cyclical recovery. After a hiring slump in mid-2011, the job market has begun to show signs of strength, as the unemployment rate continued declining in the first quarter of 2012.

Slowing banks are becoming more confident in the commercial real estate market. Find out more about the types of deals that are getting done and how banks are helping.

In what appears to be a sign of things to come, U.S. Bank recently closed on an $18 million construction loan for NoBe Bay, a 98-unit waterfront condominium project.

Will 2012 bring access to more commercial real estate loans? Economist, Dr. Chandan, discusses the effects of legacy distress on the market.

Dr. Sam Chandan | GlobeSt.com

As reported in our most recent Bank Default and Lending Report, the combined default rate on banks’ commercial and multifamily mortgage loans fell to 3.75 percent in the third quarter of 2011.

Recent article in the Miami Herald regarding the international interest in the Florida real estate markets…

“The absorption rate, especially in condos, has gone bananas,’’ said Veissi, who heads a South Miami real estate company.

International buyers, especially from South America, see “real value” in South Florida real estate, he said. Veissi expects international transactions will be even stronger in 2012. “This is an excellent time to be an investor or buyer in Southeast Florida,’’ he said.

This article outlines which sectors in Florida’s commercial real estate market and the best bets right now. Click on the link below to read more.

Cindy Krischer Goodman | Florida Trend

If there has been a consistent bright spot in Florida’s real estate market, it is the industrial sector — warehouse-type space that includes everything from grocery distribution facilities to storage to manufacturing plants.

Here is a recent article regarding the multifamily market recovery in Palm Beach.

Florida Real Estate Journal

A recovering job market continues to support demand for rental housing in large properties in Palm Beach County, but rents continue to rise only modestly.