DDR scores $18M loan for retail center in Palm Beach Gardens

Friday Jun 30th, 2017


An affiliate of the publicly traded real estate investment trust DDR Corp. just took out an $18.1 million mortgage on a Palm Beach Gardens shopping center called Northlake Commons. Property records show DDR’s DDRM Northlake Commons LLC closed on the financing from Morgan Stanley and Citigroup Global Markets Realty Corp. Tenants include Arby’s, Five Below, Home Depot, Jo-Ann Fabric and Craft Stores, Ross, Starbucks and Taco Bell. It has four spaces available that range from... [read more]

Thousands of rentals hitting the market in 2017

Wednesday Apr 5th, 2017


Expect to see plenty of grand openings at apartment communities across South Florida this year. Thousands of units under construction for the past two years are scheduled to hit the market in the coming months, giving weary renters more choices, though landlords are still likely to be calling the shots on price, analysts say. Developers this year are due to complete 15,551 units in Palm Beach, Broward and Miami-Dade counties — a 48 percent jump from 2016 and a 62 percent hike from... [read more]

Do Florida taxpayers get a good ROI? New report ranks every state.

Wednesday Mar 29th, 2017


  Source: WalletHub We all know that a good chunk of our income goes to Uncle Sam and the state, but how much return are we getting on our tax investment? That's the subject of a new WalletHub report, which breaks down the "Taxpayer ROI" for all 50 states and Washington, D.C. And for those of us living in Florida, the outlook on returns is pretty sunny. The state ranks close to the top of the list overall for taxpayer ROI. To compile the report, the Washington,... [read more]

How to reduce tax exposure through charitable giving

Tuesday Mar 21st, 2017


  Tax season can be a sharp reminder to identify opportunities to minimize exposure and maximize deductions. As the filing deadline approaches, consider these four ways that charitable giving can supercharge your tax plan in 2017.   1. Look beyond cash People often overlook appreciated, non-cash assets in their charitable plans. The assets you have built as a business owner or entrepreneur could be among the best to give to charity. These may include publicly-traded... [read more]

When should a Property Owner hire a property management company

Monday Mar 20th, 2017


  One of the biggest decisions you'll make as a landlord is whether you should hire a property management company. Many landlords manage properties on their own or with the help of an employee, such as a resident manager. However, sometimes landlords need more help, and that's when a property management company might make sense. Property management companies can be a huge asset to your business, but they don't come cheap. There are other reasons why you might not want... [read more]