Last year was a tough year for many industries, and Florida's commercial real estate was no exception. With many businesses closed, many employees working from home or out of work, it wasn't a great time for investors, developers, owners or just about anyone else...
Commercial Real Estate
How Will The Housing Market Change In 2021?
The choice to buy or sell your home is one of the most substantial financial decisions a person will make in their lifetime. Whether you're sizing up, buying a starter home, or changing locations, the market doesn't always meet your immediate needs. The past year's...
Real estate escrow deposits: What happens if I walk away?
Real estate transactions come with some risk. Sellers take a risk when they accept an offer. They are no longer talking to other potential buyers and could loose out on other options if the deal falls through. A seller often asks for a deposit to help mitigate this...
Are you ready for these hurdles in commercial real estate deals?
2020 is an interesting year for real estate deals. The real estate market is thriving, but the pandemic is causing some interesting and unexpected hurdles. The hurdles vary with the type of real estate transaction, but two specific problems to prepare for when dealing...
Three reasons to have an attorney review a commercial lease
Businesses interested in renting space are wise to review commercial lease contracts before signing the agreement. A failure to careful consider all the terms of the document could result in unexpected surprises in the future. Three examples to pay close attention to...
New bill could change real estate in Florida
Florida lawmakers are considering a proposal that would set limits on the ability of local governments to control housing prices. The bill specifically addresses the use of price ceilings to provide affordable housing. What led to the proposal? At the end of 2018,...
The next wave in CRE in FL? Communities with a focus on health.
A recent development in a local community in Orlando could be the start of the next wave in the commercial real estate (CRE) market. The development focuses on community health and well-being. It covers just less than 20 square miles and includes a children’s...
When you lose a major commercial tenant
Losing a major tenant can raise many concerns for a commercial property owner. The possibility of suffering such a loss may be on the minds of many owners of retail space, such as mall owners, with the recent news of the Sears bankruptcy. The company is a major tenant...
How can I effectively list my commercial property for sale?
Owning a commercial property comes with a lot of work. You have to collect rent, make repairs, find new tenants and so much more. When it becomes too much to handle/ you likely will consider selling the property. Or, you might decide to sell because the value of the...
Investigation launched in Florida into mortgage investment deal
An investigation has been launched by the Florida Office of Financial Regulation into the promise of thousands of dollars in investments for borrowers of home mortgagees. The investigation was launched into Five Star Elite Services, which is headquartered in Orlando....
