2018 CCIM Commercial Real Estate Outlook Conference (Credit: Katherine Kallergis) Population growth, new jobs, and a tight residential market are fueling Florida’s commercial sectors, and that isn’t expected to change anytime soon. That’s how economist Sean Snaith summarized the current market as he kicked off the 2018 CCIM Commercial Outlook conference. One other major factor has contributed to the rising fortunes, he told the crowd at the Coral Gables Country... [read more]

Commercial real estate prices, hovering at record highs in the U.S. following a six-year boom, are sustainable even as Chinese regulators tighten restrictions on overseas investment, according to Brookfield Property Partners LP. There is enough capital pouring into real estate from multiple regions -- including Europe and the Middle East -- to counter any potential slowdown in Chinese investment, Brookfield Property Chief Executive Officer Brian Kingston said in a Bloomberg Television... [read more]

  Real estate insiders expect 2016 to be a strong year for South Florida despite slowing sales and price gains in the condo market, according to a survey conducted by Berger Singerman. The law firm polled about 100 top developers, Realtors, investors, lenders and contractors for their take on the new year. “The overall consensus is that things are going to continue in a similar direction,” said Jeffrey Margolis, a partner at the firm. “2016’s going to look... [read more]

Low interest rates, strong job growth and a dearth of construction have combined to create a prolific market for office building investments in South Florida over the past five years. But some real estate analysts predict the frenzy will fade in 2017, derailed by economics and a sense of inevitability. Since the commercial sector started to rebound in 2012, institutional investors have made close to 300 deals for “Class A” office buildings in Palm Beach, Broward and... [read more]

  ATTOM Data Solutions, curator of the nation's largest fused property database, today released its Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and in 102 out of 216 metropolitan statistical areas (47 percent) analyzed in the report. Nationwide the report shows foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 234,508 U.S. properties... [read more]