Suite Life Magazine
Inappropriate Contracting: Avoid FARBAR Contracts for Residential New Construction
There is an alarming trend in which residential builders, real estate agents and sellers enter into contracts for new construction using the “As Is” Residential Contract for Sale and Purchase. Also known as the FAR-BAR Contract, the document is a valuable tool in most residential real estate transactions. However,... Read more
Learning & Recovering from Hurricane Ian
Hurricane Ian left its mark across Florida, in both hearts and minds, espe­cially among the residents of Southwest Florida who continue to rebuild. Going forward, our biggest lesson learned will be taking a step back to acknowledge successes, recognize missteps and deter­mine new protocols for future challenges we will... Read more
The Real Future of Real Estate
Mention the words “Bitcoin” or “crypto” at a dinner party and you’re likely to spark conversation. True hysteria around these tech­nologies set a financial bubble in motion that ballooned to a $3 trillion market cap in November 2021, only to crash back to earth in the first half of... Read more
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