February 2017 • HawkinsCRE

Miami Today Video Profile: Tibor Hollo

Feb 28, 2017 - Profiles - 0 Comments - Standard

Legendary Miami developer Tibor Hollo is profiled in this video from Miami Today. Tibor Hollo packed his bags in 1956 along with his reputation as one of New York’s more successful general contractors as he relocated to sunny Miami.  There he founded Florida East Coast Realty. In the 60 years that have since passed, Florida […]

Miami Commercial Real Estate News February 28, 2017: Miami Traffic 5th Worst in USA; Office, Retail, & Industrial Updates; More…

Feb 28, 2017 - Top Stories - 0 Comments - Standard

FinCEN Renews Cash-Only Real Estate Reporting Orders The Financial Crimes Enforcement Network (FinCEN) renewed the existing Geographic Targeting Orders (GTO) that were scheduled to expire today. The tracking orders temporarily require U.S. title insurance companies to identify the “natural persons” behind shell companies used to buy high-end residential… Video: Industrial Property Developer Larry Callahan Offers […]

Miami Commercial Property News February 23, 2017: Edgewater Developers Facing Foreclosure; Tibor Hollo Profiled; More…

Feb 23, 2017 - Top Stories - 0 Comments - Standard

Edgewater developers face foreclosure over unpaid $34M loan In one of the first major foreclosure initiations during the cooling real estate market, a lender is suing the developers of an Edgewater hotel project for not paying a $34 million loan. On Jan. 18, BDB Realty LLC filed the foreclosure lawsuit against Rebuild Miami-Edgewater LLC in Miami-Dade […]

Video: Barbara Denham of Reis Provides a Retail Property Update and Forecast for 2017

Feb 23, 2017 - Trends - 0 Comments - Standard

Michael and Barbara Denham, Senior Economist at Reis, comes on Michael Bull’s The Commercial Real Estate Show to talk about the retail property market, including performance, values, and trends. Barbara Denham is a Senior Economist in the research and economics department at Reis, an industry leader in providing comprehensive and unbiased data that is used by […]

Video: Steven Marks of Fitch Ratings Reviews Performance and Provide and Outlook for Industrial Property REITs

Feb 22, 2017 - Industrial - 0 Comments - Standard

Steven Marks, Managing Director of Fitch Ratings, discusses industrial property REITs with The Commercial Real Estate Show host Michael Bull,  He reviews performance and provides some forecasts and tips in this short video. Some highlights include: Total return of 2016 was around 35% compared to broader REITs in the low 20s and the S&P 500 […]

Video: Reis Senior Economist Barbara Denham Provides U.S. Industrial Property Market Update

Feb 22, 2017 - Industrial - 0 Comments - Standard

In this brief video, Barbara Denham, Senior Economist at Reis,  discusses the industrial property market nationally, including performance and trends in rent and vacancy.  During this video a chart is displayed showing, over the past several years, steady rent growth and a (likewise) steady decline in vacancy rates.  Ms. Denham notes that last year 78 million square […]

Miami Commercial Real Estate News February 21, 2017: Metromover to Miami Beach Planned; Perez Trump Relationship Strained; More…

Feb 21, 2017 - Top Stories - 0 Comments - Standard

Miami-Dade plans metromover route to Miami Beach within potential $3.6B transit plan Miami-Dade has mapped out the six corridors of its Strategic Miami Area Rapid Transit (SMART) plan, per Miami Today, with a potential cost of up to $3.6 billion. While the funding sources haven’t been sorted out yet, among the plan’s highlights is an elevated […]

Buyer Seeks Retail Strip Centers to $10 Million

Feb 21, 2017 - Buyer Needs - 0 Comments - Standard

A buyer is looking for strip centers in prime locations, preferably with opportunities to add value (value add opportunities) with current positive cash flow. Price may be as high as $10 million. If you have a property that meets this requirement, send an email or call.

Video: Forecasting the Office Market with CoStar’s Director of Office Property Research: Cap Rate Forecasts; NOI Growth Projections; More…

Feb 20, 2017 - Office Property - 0 Comments - Standard

Walter Page, Director of Office Property Research with CoStar makes forecasts for the office property market forecast for 2017 and beyond, including interest rates, cap rates, and demand in this video from The Commercial Real Estate Show. He notes that cap rates have been flat for office properties in the prior year, holding at 5.7% for […]

Video Profile: Downtown Miami At A Glance

Feb 16, 2017 - Profiles - 0 Comments - Standard

Just when people started to think they have a focus on downtown Miami it changes. The one thing constant in downtown is change you blink it changes. One just need look at the last 10 years at Miami’s urban core to see that this it is one of the fastest evolving areas anywhere in the […]

Green Street says Mexican Fibras Adopting REIT Best Practices

Feb 15, 2017 - Educational - 0 Comments - Standard

In this REIT.com interview David de la Rosa, vice president with Green Street’s Advisory & Consulting, shares an overview of the Fibra market. A Fibra is an investment trust vehicle under the laws of Mexico that is dedicated to the acquisition and also the development of real estate assets within Mexico that are intended for leasing. […]

Video: CNBC Discusses Data Center Real Estate and the REITs That Own It

Feb 15, 2017 - Analysis - 0 Comments - Standard

CNBC’s Nightly Business Report discusses the Data Center REIT sector, which sits at the crossroads between technology and real estate. Data centers present investors with unique analytical challenges, including risk assessment of technology-driven economic obsolescence. However, there is opportunity for those investors willing to undertake the analytical effort of understanding the sector.