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

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

Inventory Data Reveals That South Florida City Living Remains Popular

December 15, 2021

Recent inventory statistics suggest far more demand for urban apartments and condos in the region than in early 2020. Even before the pandemic, many Millennials were leaving the cities for suburban areas where they could purchase single-family homes to raise their families. Having a private outdoor space and the lower suburban vs. urban real estate

What the Demand For Single-Family Housing Means For the Rental Market

September 29, 2021

Many young professionals no longer want to live in high-rise apartments, which is making waves in the rental market Living through a pandemic has changed people in numerous ways. One of the effects has been the demand for detached housing, as fewer people wanted to live in high-rise apartments in urban centers. Suburban homes became

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

Will There Be Durable Changes to the Workplace and CRE After COVID-19?

July 14, 2021

Some lessons of COVID might influence commercial real estate and offices for some time There’s hope and optimism throughout the country that we could be coming to the end of the COVID-19 pandemic. While it’s unlikely we’ll eradicate the disease, we’re getting closer to returning to normal life every day.  For example, as of this

Is South Florida Set for a Big Increase in New Construction?

June 23, 2021

The pandemic caused a downturn in new construction in 2020—and high material prices are a concern—but South Florida seems poised for a rebound. COVID-19 turned 2020 into an unprecedented year, as stay-at-home orders, lockdowns, and consumer hesitancy caused issues for many sectors of the economy. Restaurants and hotels mightily struggled because people weren't traveling, and

What CRE Developments Could Mean for Miami’s Economically Underprivileged Neighborhoods

June 16, 2021

Some of Miami’s neighborhoods could see significant investment in the coming years as corporations buy up buildings further away from the financial district South Florida is experiencing strong commercial development, with major firms like Virtu Financial, Goldman Sachs Group, and Elliott Management setting up corporate offices. This trend might be turning the area into Wall

A Look at the Post-COVID Recovery of the Hotel Industry

February 24, 2021

The pandemic is severely challenging the hotel industry, and a bounce-back could take some time. Although the pandemic is causing massive economic disruption and putting numerous sectors in trouble, perhaps no industry is experiencing more significant challenges than hospitality. Consumers aren’t traveling anywhere near pre-COVID levels despite the lift of initial travel restrictions, putting a