The Future of Healthy Buildings and Features After COVID?

February 9, 2022

Legacy Tower at Miami Worldcenter has some novel features that may become more popular as the demand for ‘healthy’ buildings grows Legacy Tower at Miami Worldcenter, a 55-story building with 310 residences, 219 hotel rooms, and 10 floors of medical facilities, broke ground in summer 2021. In doing so, it became the first new construction

Which Big Industries are Driving Florida’s GDP Growth?

February 2, 2022

The state’s economy relies heavily on six industries to keep it thriving With a GDP of nearly $1.1 trillion in 2020, Florida had the fourth-largest state economy in the United States, trailing only California, Texas, and New York. It also had the 15th-largest economy globally, putting it ahead of wealthy countries like Switzerland, Sweden, The

How to See Through the CRE Headline Risk to Find Real Value

January 26, 2022

CRE investors should understand “headline risk” — and avoid falling prey to ‘headline panic’ Key takeaways: Headline risk is when media coverage creates negative effects on businesses or industries. During the pandemic, headlines speculated on the demise of some commercial real estate sectors, such as office space and brick-and-mortar retail.  The pandemic has certainly changed

Is Fort Lauderdale Ready to Step Out of Miami’s Shadow?

January 19, 2022

The city is already growing fast and primed for significant expansion over the next decade. Miami has long been South Florida's focal point, as it receives most of the media attention and is where many big corporations and startups alike look for office space in the area. In contrast, Fort Lauderdale has long been stereotyped

Why and When Commercial Real Estate Can Be a Good Hedge Against Inflation

January 12, 2022

As inflation increases, many investors look to income-generating CRE to serve as a barrier against devalued dollars In December 2021, headlines announced a 7% inflation rate, marking the highest US price growth since 1982. Many analysts expect inflation to continue rising in 2022, and these increases, coupled with supply-chain disruptions and COVID variants, threaten to

Outdoor Space as a Solution to Maximize Building Use During COVID

November 25, 2020

Taking advantage of available outdoor spaces can make businesses safer for customers and employees while navigating the global pandemic. We're learning more every day about the novel coronavirus that's wreaking havoc on our society, giving us additional insight on how to protect ourselves.  For example, it's now common knowledge that the virus spreads person-to-person through

COVID-19’s Impact on Businesses in Broward County

July 15, 2020

Open sign in a small business shop after Covid-19 pandemic A look at the business environment during the initial response to the pandemic When Gov. Ron DeSantis issued statewide social distancing measures on April 1, it was done to head off predictions that Florida could follow New York’s lead in hospitalizations and deaths from COVID-19.

Broward County Economy Remains Perky

July 13, 2015

Broward County and its economy are enjoying good times. Development is on the rise, companies are moving here (like our recent deal with Polenghi Group) and other companies are expanding here, such as retailers Hobby Lobby, Whole Foods Market and Trader’s Joe’s. When “luxury” and non-essential retail grows in a region, it is a sure