Suite Life Magazine
1031 Exchange Can Be a Great Wealth Builder
There are many factors that can impact both the short-term and long-term value of your real estate investment. For example, in 2019, a client purchased a Taco Bell in Southwest Florida for $2.26 million. At the time, this particular submarket was experiencing incredible population migration. The purchaser acquired the... Read more
Interest Rates: Where Do We Go from Here?
If you had asked me 45 days ago what I thought interest rates were doing, I would have said they would remain relatively flat like they have for the past few months, with a gradual increase. All bets are off since we saw an annual U.S. inflation rate of... Read more
Coin Toss or Predictable? The Future of Commercial Real Estate
Trying to look ahead after the past couple of years may give anyone a feeling of vertigo. From predicting the worst to record-setting growth, the Southwest Florida commer­cial real estate market has certainly not disappointed the thrill-seekers in the crowd. Thrills can be good – and were – but... Read more
What’s Going There: Airport Edition
The scaffolding has been re­moved from the new air traffic control tower at Southwest Florida International Airport (RSW), serving as a visual reminder of the rapid growth and transformation of our region. The travel and tourism industry has long been Southwest Florida’s major economic driver. While travel trends are... Read more
Buying Real Estate with Bitcoin
Cryptocurrency has become a le­gitimate investment opportunity, attracting the attention of large institutional investors seeking to take advantage of the tremendous growth of cryptocurrency to enhance personal and corporate profits. For those in­volved in real estate transactions, this new technology creates challenges to those who attempt to navigate a... Read more
Easing Redevelopment for Florida’s Future
You don’t have to be a real estate or environmental industry expert to recognize that current environmental policy decisions will determine Florida’s future. But environmental regulations are not necessarily antithetical to a robust economy. Properly managed growth can be good for both the economy and the environment. The primary... Read more
Preparing for Extreme Weather Events in Uncertain Times
In Southwest Florida, tropical storm systems pose a significant threat to life and property. Even though weather experts do not anticipate the historic level of storm activity seen in 2020, all it takes is one landfalling storm to devastate the entire area. 2021 OUTLOOK Now underway, hurricane season runs... Read more
Delivering Profitable Property Management
Commercial property management can be a challenging and thankless job. Yet, offering property management alongside brokerage services can generate income and leads for a commercial real estate company. As competition grows, full-size brokerage companies that provide property management services end up increasing bottom lines, recruiting top talent, and creating... Read more
Sublease Space in the Shadows in Southwest Florida
Businesses may have to wait to save a few dollars subleasing office and medical space from existing tenants in Southwest Florida. According to market tracker CoStar and research by commercial real estate companies, here’s what we know: the region has 80,000sf of space for sublease. That’s less than half... Read more
The Commercial Lending Outlook for 2021
It is hard to believe that we have lived and worked in the middle of a pandemic for the last 10 months. The new year undoubtedly will bring unique financing opportunities and challenges. The following tips will help commercial real estate professionals better assist clients with the new year’s... Read more