Area News
Million-Dollar Homes Skyrocket in Miami, as Starter Properties Go Extinct
In Miami, the luxury housing market has surged as wealthy buyers push home prices to unprecedented levels, making entry-level homes increasingly scarce. Between 2019 and …
Small Warehouses Are Getting Harder to Find
Half Price Books has been struggling to find a replacement for its 6,000-square-foot warehouse in the Minneapolis-St. Paul area for over a year due to …
Florida’s Condo Crisis Sparks Warning
Florida’s new condo safety law, SB 4D, enacted after the 2021 Surfside collapse, mandates inspections and full funding for repairs in aging condos. However, Republican …
Large deals push US commercial property prices higher
In the fourth quarter, U.S. commercial real estate prices improved for large-dollar deals in major markets, while smaller transactions in secondary markets either stabilized or …
AT&T’s $850 million sale-leaseback deal serves as model for future transactions
AT&T has sold over 13 million square feet of underutilized real estate to Reign Capital for more than $850 million in a sale-leaseback deal. The …
Advance Auto Parts puts more than 200 stores on the market
Advance Auto Parts has engaged Hilco Real Estate to sell over 200 of its stores and leases across 46 states, as part of a strategy …
Apartment developer buys, plans to demolish Gateway office building
A Gateway office building located just north of Daniels Parkway in Fort Myers, Florida, has been sold for $8.9 million to The Garrett Companies, an …
Federal housing leaders launch new initiative aimed at disaster preparedness after recent hurricanes
The U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) have launched the Pre-Disaster Housing Initiative to help states …
Elon Musk-led Department of Government Efficiency pushes return of full workweek for federal workers
Elon Musk, co-leader of the newly formed Department of Government Efficiency, plans to enforce a full five-day workweek for all federal employees as part of …
Ken Griffin and the Big Miami Real-Estate Mystery
The article “Ken Griffin and the Big Miami Real-Estate Mystery” by the Wall Street Journal is not freely available, but I can provide a summary …