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Posts tagged: Florida Commercial Real Estate

Net Leases in the Wake of Recession

With factors starting to point towards a recovery, read more about the impact on net leases.

Jonathan Hipp | GlobeSt

Even though triple net leases and direct investments in real estate, as well as REITs, were affected by the 2007 recession, REITs and corporate stocks took a much bigger hit while having generated less return in the years prior to the economic downturn.

Banks Plan to Increase CRE Allocations in 2012, But Risk Remains a Watchword

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.

4 Signs that Florida’s Economy Should Improve in 2012

As the commercial real estate market starts to warm up, other signs of the improving economy are validated as well. The year end flurry of deal activity of SVN Florida advisors around the state show that investors and users are now sensing that the “best time to buy or lease is NOW” . Prices and lease rates may be headed back up again.

Donna Gehrke-White | Sun Sentinel

The Sunshine State’s economy should further rebound in 2012, with South Florida outperforming what turned out to be a disappointing 2011, several indicators show.

Florida’s economy continues its growth streak, Fed says

Recent article and the growing Florida economy.

The Fed’s Philadelphia branch calculates economic indices for each state, and Florida’s has been growing since January. The streak continued in September, the Fed announced Tuesday, with Florida and 29 other states seeing a bump in their indices from August.

Florida’s Economy: Home Sales Give Hope

If residential markets are an indication of commercial real estate markets, and they are, then things are looking up…

Through the gloom of much of the global, national and statewide economic news, we’re beginning to see glimmers of light.

Consider these recent-and-hopeful developments:

Home sales and prices rose in the Polk County and most other Florida markets in September. Polk’s median sale price for September increased 6 percent from September 2010. The September 2011 price was $103,500, reported The Ledger’s Kyle Kennedy in an article one week ago. The previous such gain was in April 2007, with an increase of 1 percent from April 2006 to $172,400.

Job growth is Expanding in West Palm Beach, Miami

Here is a recent article on the job growth in South Florida.

Donna Gehrke-White | Sun Sentinel

The number of jobs is expanding in Miami but not growing as fast in Palm Beach and Broward counties, according to new projections released Monday by a leading economist.

Palm Beach Multifamily Performance Improving

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.

Florida’s economic recovery is uneven

Recent article about Florida’s economic markets. It is more important than ever to have a commercial real estate advisor who can help guide you.

Tampa Bay Business Journal
Date: Thursday, September 15, 2011, 1:05pm EDT

The pace of improvement in Florida’s economy remains uneven across the state and in many key industries, a report from Wells Fargo Securities said.

Foreclosures still hobbling Florida

Here’s a recent post regarding real estate foreclosures in Florida.

There’s no doubt what the F-word has come to mean in Florida over the past three years: Foreclosure.

There are almost 40,000 properties now in foreclosure in the Sunshine State. Almost 30,000 more are in the short sale process, which means homeowners are underwater on their homes and trying to sell them for less than they owe the bank. Another 56,000 are in pre-foreclosures – homeowners are behind on their mortgage payments and at risk of foreclosure. These are the short sales and foreclosures of tomorrow.

Developers See Growing Potential in Miami-Dade Commercial Real Estate

Some recent commercial real estate news regarding Florida’s markets.

Posted By Alison Agudo on August 29th, 2011

Despite statewide trends, Miami-Dade shopping centers are providing tempting development opportunities for commercial real estate developers.

Miami-Dade county vacancy rates are lower and occupancy rates are higher than anywhere else in Florida. With occupancy rates above 90 percent and rental rates above $18 per-square-foot, Miami has seen a decrease in retail vacancy rates for five straight quarters – a recovery not seen in many markets across the country.

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