Area News
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 policies established during the pandemic …
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 Charlotte, North Carolina, residents approved …
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 office, with one-third of firms …
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: …