Local 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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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 ...
Analysts: Charlotte County’s rapid population growth calls for more services
Charlotte County’s population increased 5.2% from June 2023 to March 2024. During a Nov. 12 Board of County Commissioners meeting, ...
Washington Post joins corporate America in return of five-day office mandate
The Washington Post has announced a return to a five-day in-office workweek starting next year, ending its remote and hybrid ...
Here are six notable housing-related measures voters decided this week
Voters across several states and cities made significant decisions regarding housing and property taxes during the recent Election Day. In ...
Bosses Are Calling Workers Back to the Office. That’s Good News for Landlords.
The U.S. office market shows signs of stabilizing as more companies, including Amazon and Dell, call employees back to the ...
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 ...
Multifamily loans rise as office deals fall; Trouble for St. Louis hotel; Departure dings New York office building
1. Multifamily loans are experiencing a surge as office deals decline, highlighted by the Bank of Montreal's upcoming multiborrower commercial ...
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 ...
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% ...
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 ...
Hurricane Milton’s commercial property threat; Government mulls Google breakup; Strike brings light toll on ports
Hurricane Milton threatened over $1 trillion worth of commercial property in Florida, with more than 235,000 properties at risk of ...
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 ...
Developers aim to build Miami’s first supertall neighborhood — and highest US skyline south of New York
Miami is experiencing a surge in supertall skyscraper development, with seven towers over 984 feet high under construction, marking a ...