In this video an overview of the Reis Cap Rates methodology is presented by Dr. Victor Calanog, its Chief Economist. Cap rates are a measure of a property’s investment potential, independent of a specific buyer. Investors, lenders, and appraisers use cap rates by Reis and others to estimate the appropriate purchase price for different types […]
In this short video, The Commercial Real Estate Show host Michael Bull discusses whether letters of intent are binding. Related to this, readers might be interested in the language in the Florida Realtors Commercial Contract (CC-4), a form often used for commercial property transactions. Within this Florida CC-4 form is an optional provision for […]
As Coconut Grove surges, developer plans first new office building in decades As Coconut Grove surges with new condos, restaurants and shops, developer David Martin is planning what he sees as the missing link in the Grove’s revitalization: its first new office building since 1989. The project will adapt an existing city of Miami parking garage […]
Walter Page, Director of Office Property Research for CoStar, provides and update on the Office Market in this video from The Commercial Real Estate Show. This update on the office property market includes performance, construction, and supply. Walter presents and discusses a chart of new office property construction versus norms by city, a chart – […]
In an interview with Allen Kenney of Reit.com John Bejjani, an analyst with Green Street Advisors, a company with over 100 employees including more than 40 research professionals that provides actionable intelligence for commercial real estate investors, discusses the commercial real estate market. Highlights include: Cash flow and operating income growth remains healthy Cap rate […]
Towering Miami condo ’18’ – inspired by flower – bed planned for Brickell A 76-story mixed-use development called 18 is planned at the Miami strip center in Brickell anchored by a Burger King, according to The Next Miami. Set to be reviewed by Miami’s Urban Development Review Board next week, the project calls for four levels […]
The Commercial Real Estate Show addresses the question of whether one should personally guarantee a lease for his or her company. The answer is no, if you can get away with it, as there is no benefit to a tenant. However, practically speaking, most landlords will require a personal guarantee for a small business. That […]
Jay Parsons, Vice President for MPF Research at RealPage, goes on The Commercial Real Estate Show to provide an update on the multifamily property market and to make forecasts about multifamily property investments for 2017. Jay Parsons oversees the research, analysis and services teams at RealPage. He has written commentary pieces for numerous publications, including GlobeSt, […]
Nadia Balint of RentCafe comes on The Commercial Real Estate Show with host Michael Bull to discuss sustainability in multifamily properties, including LEED certification and some of the top cities for green apartments. Nadia Balint is an online content developer and creative writer for RENTCafé, a nationwide internet listing service (ILS) that enables renters to find apartments […]
Developer of American Dream Miami mega-mall struggles to finish one in NJ The developer of the massive American Dream Miami shopping mall missed a target date to raise construction financing to finish building another mall development in New Jersey. Developer Don Ghermezian expected in December to raise $2.7 billion to finish construction of the half-built American […]
Jay Parsons, Vice President for MPF Research at RealPage, goes on The Commercial Real Estate Show to discuss trends in the multifamily property market, including performance, capitalization rates (cap rates), and rent levels. Jay Parsons oversees the research, analysis and services teams at RealPage. He has written commentary pieces for numerous publications, including GlobeSt, Multifamily […]
The sometimes asked question of where can one find the value of commercial property is addressed by Michael Bull, host of The Commercial Real Estate Show. Spoiler Alert: There is no one place to find values.
Steven Marks, Managing Director of Fitch Ratings, discuss the current state of multifamily real estate investment trusts (REITs) on the Commercial Real Estate Show. Go to Part 2.
PriceSmart Pays $46M For Flagler Station Development Site Records show Section 31 Holdings LLC, an affiliate of Florida East Coast Industries subsidiary Flagler Global Logistics, sold 18.6 acres at 11255 Northwest 106th Street. PriceSmart financed the deal with a $35.7 million loan from Union Bank. Flagler Global Logistics is the developer behind Flagler Station, the three-phase […]
James Hawkins, via a related entity, has made Florida Chapter 475, Part 1, Real Estate Brokers, Sales Associates, and Schools, from Florida Statutes Title XXXII, Regulation of Professions and Occupations, available for download on Kindle. This is a great resource for those studying to take the Florida Real Estate Sales Associate or Florida Real Estate Broker […]
