Multifamily properties offered for sale generally go up on one or more listings platforms, one of which is the commercial MLS. It has seemed that there has been a rash of multifamily listings in recent weeks. Conveniently, the commercial MLS allows one to checks such a perception by viewing active listings counts over time, filtered […]
The Conversation: Navigating the Real Estate Landscape: Insights from Industry Experts In the realm of commercial real estate, staying informed about market trends, performance metrics, and investment opportunities is essential for both seasoned professionals and newcomers alike. Recently, a conversation on “America’s Commercial Real Estate Show” delved into the multifamily and student housing sectors, providing […]
In the chart above of the Federal Reserve’s Multi-Family Real Estate Apartment Price Index,, retrieved from FRED (Federal Reserve Bank of St. Louis) on February 9, 2024, one can see that multifamily prices have recently declined considerably. What also stands out is that this level of decline has only happened one other time since 1996, […]
The Conversation: Navigating the Future; Insights from BGO Chief Economist on the Economy and Commercial Real Estate Market In this video, BGO Chief Economist Ryan Severino joins America’s Commercial Real Estate Show to discuss the economy and the U.S. commercial real estate market. Discussions include Severino’s views on the various property sectors moving forward as well as […]
The Discussion: Navigating the Challenges of Office to Multifamily Conversions: A Closer Look at Incentives Introduction: In a recent episode of “America’s Commercial Real Estate Show,” Guest Ron Gart with Seyfarth delves into the complexities and challenges of converting office properties to residential spaces. The conversation explores the current state of the commercial real estate […]
Amancio Ortega’s Pontegadea pays $113M for Hialeah cold storage Spanish billionaire Amancio Ortega’s real estate family office is expanding its cold storage business, acquiring its second Hialeah freezer facility in seven months. An affiliate of Ortega’s Pontegadea paid a cool $113 million for Bridge Point Cold Logistics Center, a 312,000-square-foot warehouse at 3995 West 108th Street, […]
Key International Reveals Plans For A New 50-Story Office Tower At 848 Brickell Avenue In Miami’s Financial District Key International, led by Inigo and Diego Ardid, has proposed concepts to redevelop the firm’s 848 Brickell office building into “Miami’s most iconic class-A office tower.” As the long-time owners of the existing building, Miami-based Key International […]
Carl Whitaker, Director of Research & Analysis, Market Analytics with RealPage, joins America’s Commercial Real Estate Show to discuss multifamily rent growth, occupancy expectations, new supply, and when multifamily performance may change. He notes that year over year stats may be negative nationally for September once it is reporting. He thinks that month or October […]
Udonis Haslem, Magellan plan 200-unit low-income housing project in North Miami Former Miami Heat star Udonis Haslem and Magellan Housing plan a 200-unit project with affordable apartments and workforce-priced townhouses for sale in North Miami, The Real Deal has learned. Miami-based Magellan and Haslem, who retired from professional basketball this year, want to develop Catherine Flon […]
Here’s How Miami’s Urban Development Review Board (UDRB) Voted On Major Projects Last Month Miami’s Urban Development Review Board had a full agenda of projects that it voted on last month. Here are the results from the June 21 meeting: 700 NMA The UDRB voted to recommended approval with the two conditions: Explore improved pedestrian […]
Leste, Brazilian partner plan 500-unit apartment tower in Brickell Leste Group and Brazilian real estate firm Opportunity Fundo de Investimento Imobiliário plan a 500-unit apartment tower in Brickell, marking the first project in their $1 billion South Florida development pipeline. Through the pair’s newly formed joint venture, LORE Development Group, the partners want to build a […]
The Discussion: Exploring the Future of Multi-Family Real Estate: A Conversation with Caitlin Walter In a recent episode of “America’s Commercial Real Estate Show,” the host delved into the dynamic landscape of the multi-family real estate market. Joined by Caitlin Walter, VP of Research with the National Multi-Family Housing Council (NMHC), the conversation covered a […]
The Discussion: The State of the Multi-Family Market In a recent episode of America’s Commercial Real Estate Show, the host welcomes Carl Whitaker, Director of Research and Analysis at RealPage, to discuss the state of the multi-family real estate market. The conversation covers a range of topics, from recent performance trends to future projections and […]
A Conversation: The Trend of Converting Office Buildings to Residential Spaces: A Conversation with Architect John Cetra Introduction: In a recent episode of “America’s Commercial Real Estate Show” the host delves into the intriguing trend of converting office buildings into residential spaces. He interviews John Cetra, the co-founder of CetraRuddy, an architectural firm based in […]
B Group bids $102M for 20 acres in Miami’s Upper Eastside B Group Capital Management submitted a $102 million stalking horse bid for nearly 20 acres in Miami’s Upper Eastside and El Portal that are tied to a lawsuit alleging EB-5 fraud. The Miami-based… seeks to acquire the former U.S. immigration building site spanning 3.5 acres […]
MetLife sells Pinecrest shopping center to Miami JV for $71M After keeping it on its books for nearly 30 years, Metropolitan Life Insurance has sold a Pinecrest shopping center to a Miami-based joint venture for $70.5 million. An affiliate of Ibrahim Al-Rashid’s Limestone Asset Management and Joseph Sanz’ Orion Real Estate Group picked up the […]
