How the Shift Away from Major Cities May Impact South Florida CRE
September 8, 2021
Major urban centers have always attracted corporate headquarters, but smaller cities are now competing for these firms The COVID-19 pandemic has changed many things in society. People are going out less, travel (while bouncing back) is curtailed, and the remote workforce is flourishing. We also saw a shift to the suburbs for many people early
The Factors Needed for a Complete Recovery in Florida’s Hotel Industry
August 4, 2021
Vacationers, business travelers, and cruise ships could all make the difference as the state’s hospitality industry bounces back It's no secret that Florida's hotel industry relies on out-of-state and international travelers to keep it thriving. And for the most part, the industry has been recovering from the COVID-19 pandemic quite well, at least compared to
CRE and Surviving The COVID Recession
August 26, 2020
Taking steps to evaluate the current situation and weather the storm When it comes to hurricane season, Floridians know the drill: stock up on canned goods and water, fire up the generator for a test run, keep cash on hand, and ensure the storm shutters are in working order. It’s usually the same idea when
Understanding Commercial Real Estate Depreciation
December 23, 2013
Depreciation is a familiar term to many tax filers, but for commercial property owners it can mean big savings. You can deduct the depreciation value in taxes each year that you own the property after 39 years. However, with that depreciation comes depreciation recapture, which occurs when you sell the property. Depreciation b You can
Is Brazil's Rising GDP Saving Miami Real Estate?
September 15, 2011
News recently broke that Brazil could be saving the Miami real estate market, but how could that be when it is so far way? It first began when upper middle class Brazilians began purchasing property in Orlando and Miami in the 1990s due to high taxes and interest rates, as well as to avoid tax
November 9, 2010
Real estate investors are shying away from risky funds in new developments and shifting more toward the b coreb funds of buildings that already are well-leased and looking stable, according to this Wall Street Journal article. WSJ reports, b The trend has effectively split the real-estate market: Values of mature, well-performing properties are increasing, while turnaround situations
Sources differ on CRE price stats
October 21, 2010
Moodybs Investors Service and Green Street Advisors are offering commercial real estate price statistics that differ completely. Moodybs indicated Tuesday that CRE prices nationwide decreased 3.3 percent in August, which still offers a bleak outlook since these prices for offices, apartments and shopping centers are down 45 percent from the peak in 2007. But Green
National commercial real estate prices fall in consecutive months
September 21, 2010
National commercial real estate prices fell in July following a previous decline in June, according to Moodybs and Real Estate Analyticsb Monday report. From January through July 2010, commercial real estate prices have dropped 4 percent altogether, even despite gains in April and May. Contributing factors beginning early this year include the potential for a
The Law of Unintended Consequences – Proposed FASB Accounting Rule Changes for Leased Real Estate
September 6, 2010
Doing business in the United States is about to get a whole lot more complicated and expensive.B Recent proposed rule changes by the FASB (Financial Accounting Standards Board), if set in place, will have a dramatic and severe impact on the way that US companies treat their leased real estate.B If the proposed FASB change
Slow recovery may be on the horizon
August 9, 2010
For the past two years, office building rents and occupancies have continued to decline, but new research suggests this may slowly start to change. Tenants have had the upper hand for a while now, but businessmen suggest landlord concession packages arenbt going to get any better from here, prompting more tenants to sign long-term leases