Video: Edward Mui of Morningstar Credit Ratings Provide Retail REIT Update
Edward Mui from Morningstar Credit Ratings joins The Commercial Real Estate Show to discuss the state of retail REITs.
Edward Mui from Morningstar Credit Ratings joins The Commercial Real Estate Show to discuss the state of retail REITs.
Anirban Basu, Economic Advisor with CFMA (Construction Financial Management Association) comes on The Commercial Real Estate Show to discuss trends and forecasts in the construction industry. Some highlights include: Construction costs becoming more expensive due to labor cost increases Skilled labor particularly difficult to find Some materials costs increasing as well, yet many are below […]
Russell Galbut wants to redevelop Miami-Dade courthouse in exchange for $1.8 billion over 99-year lease Developer Russell Galbut made an unsolicited offer to build Miami-Dade a new, $300 million courthouse in exchange for a 99-year lease and the right to redevelop the existing courthouse. Under Galbut’s proposal, his firm Crescent Heights would collect at least […]
Joel Murphy, CEO of New Market Properties, joins The Commercial Real Estate Show to discuss the current trends in retail properties, including performance, development, and their outlook for the (retail property) industry. The owner and operator of 34 grocery-anchored shopping centers in seven Sunbelt states, New Market Properties is a wholly-owned indirect subsidiary of Preferred […]
Barbara Denham, Senior Economist from Reis, comes on The Commercial Real Estate Show to discuss the retail property market, including performance, vacancy, and cap rate trends. Some highlights of this interview include: Starting to see a trickle in impact of store closures on retails property market Some declines in rents and increases in vacancy in […]
Hyatt may rebuild Miami hotel and convention center Hyatt Hotels Corp. and the Miami city government are discussing a deal to redevelop the company’s Hyatt Regency hotel in downtown Miami and the adjacent James L. Knight Center convention complex. The hotel and convention center opened on the north bank of the Miami River in 1982. Terms […]
The host of The Commercial Real Estate Show, Michael Bull, answers the question; “As a tenant, will I have to pay my tenant rep?” His answer, a firm “typically, no,” further noting 90-95% of the time “no,” is consistent with my experience. As he further notes, tenant representative fees tend to be built into the […]
Gambling giant Genting wins Miami-Dade joint development Miami-Dade’s County Commission on Tuesday unanimously approved joint development at the Omni bus terminal with access to the Adrienne Arsht Center Metromover station for Resorts World Miami LLC, which is planning a 300-room hotel over the bus terminal. This will include air rights over the property for the Department […]
Larry Callahan, the CEO of Pattillo Industrial Real Estate, joins Michael Bull on an episode of The Commercial Real Estate Show to discuss some of the potential effects the Trump administration might have on industrial real estate. Potential changes in the tax code, tariffs, and regulation, and how they might affect commercial real estate, in particular […]
Whole Foods-anchored retail center coming to U.S. 1 corridor south of Miami Regency Centers Corporation announced plans to build a 70,000-square-foot retail center just south of Miami anchored by a Whole Foods Market grocery store. Jacksonville-based Regency will build the retail center, called Pinecrest Place, next to an existing 173,000-square-foot Target department store off U.S. 1. Regency […]
At the end of the 1st quarter of 2017, U.S. Treasury yields, on a nominal basis, edged higher at the short end, up about 20-30 basis points for maturities under 2 years. On a real basis, rates were largely unchanged. The interest rate environment has the ability to affect commercial property economics in a number […]
Robin and Eric Gagnon, Chief Marketing Office and President, respectively, of We Sell Restaurants, join The Commercial Real Estate Show in Studio One to discuss various performance and trends in the United States restaurant sector, which affects retail properties. Highlights include: Escalators in excess of revenue growth can be problematic Seven in ten restaurants are […]
Allapattah assemblage sells for $3.1 million An assemblage of four parcels just sold for $3.1 million in Allapattah, as investors continue to target the gritty Miami neighborhood west of Wynwood for redevelopment. The properties include 2140 Northwest 36th Street (aerial), 2135 Northwest 35th Street, 2141 Northwest 35th Street and 2145 Northwest 35th Street. Records show the sites span […]
Chad Curry, Managing Director at the Center for Realtor® Technology, joins The Commercial Real Estate Show to discuss building technology resources for commercial buildings. Highlights of this video include: The Array of Things, a micro-climate monitoring system out of Chicago Various online resources for commercial space technology CRTlabs.org FastCoDesign.com FastCoLabs TheNextWeb ReadWrite CityLab CRT Labs is […]
Robin and Eric Gagnon, owners of We Sell Restaurants, join The Commercial Real Estate Show to discuss what to consider when choosing a restaurant location.
Sears at Aventura Mall to shutter, be redeveloped into mixed-use project The Sears at Aventura Mall will close this summer and the site will be developed into a mixed-use project. Sears, at 19505 Biscayne Boulevard, will begin its liquidation sale at the end of April and close by mid-July, the South Florida Business Journal reported. […]