Area News
Southwest Florida Witnesses Record-Breaking Industrial Sale
McGarvey Development Company, a comprehensive construction and real estate firm, sold Centerlinks Business, which includes nine industrial warehouses. Totaling 453,940 square feet on 41 acres, …
1. Multifamily loans are experiencing a surge as office deals decline, highlighted by the Bank of Montreal’s upcoming multiborrower commercial mortgage-backed securities deal, which features …
Fort Myers, Florida, industrial park with Fortune 500 tenants sold by Chicago-based developer
Glenstar Logistics and Columnar Investments have sold Tri-County 75, a 72-acre industrial park in Fort Myers, Florida. The park consists of four buildings totaling 818,000 …
Citizens has higher reserve levels for problem office loans than similar banks
About $749 million of its general office loans are for properties in the New York City market, representing about 14% of its total office loan …
Back-to-back hurricanes may have lasting impact on Tampa Bay multifamily market
Hurricane Milton made landfall on October 9 near Sarasota, causing heavy rainfall and flooding across Tampa Bay, particularly in Pinellas and Hillsborough Counties. This followed …
Hurricane Milton threatened over $1 trillion worth of commercial property in Florida, with more than 235,000 properties at risk of exposure to dangerous winds. The …
Florida’s New Flood Disclosure Bill: What Buyers and Sellers Need to Know
As climate change continues to impact coastal regions, Florida is taking steps to protect homeowners and buyers. The Sunshine State’s latest legislative effort, CS/SB 484: …
Miami is experiencing a surge in supertall skyscraper development, with seven towers over 984 feet high under construction, marking a historic first for the city …