In the Biz - Commercial Real Estate News
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In the Biz - Commercial Real Estate News
South Florida's Hot Topics - by Shelby G. Smith III, frm CPM, RPA 954-652-2038 Berger Commercial Realty
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The Best Markets For Opportunity Zone Investors

The Best Markets For Opportunity Zone Investors | In the Biz - Commercial Real Estate News | Scoop.it
A study of Yardi Matrix’s database found that within opportunity zones there are either in place or under construction 1.9 million multifamily units, 960 million square feet of office space and 180 million square feet of self-storage space.
CommerialREFL's insight:

This article contains data on the Fort Lauderdale Rental market that might be helpful.

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As Amazon Cancels New York HQ2, The Governor and Market React - WORLD PROPERTY JOURNAL Global News Center

As Amazon Cancels New York HQ2, The Governor and Market React - WORLD PROPERTY JOURNAL Global News Center | In the Biz - Commercial Real Estate News | Scoop.it
On the heels of Amazon's surprise announcement to cancel its plan to build a new headquarters facility in New York's Long Island City due to Democratic political opposition, both the local real estate market and the Governor's office were stunned.
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CRE-sources | Berger Commercial Realty Leases 19,263 SF At Lauderdale Marketplace | CRE-Sources

CRE-sources | Berger Commercial Realty Leases 19,263 SF At Lauderdale Marketplace | CRE-Sources | In the Biz - Commercial Real Estate News | Scoop.it

"Berger Commercial Realty/CORFAC International Senior Vice President Joseph Byrnes recently completed two new lease transactions totaling 19,263 square feet of retail space at Lauderdale Marketplace in Lauderdale Lakes."


 



 

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Why Female-Centric Spaces are Balancing the Coworking Equation | GlobeSt.com

Why Female-Centric Spaces are Balancing the Coworking Equation | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
When a coworking operator caters to a community – from amenities to community activities to décor – it makes it more likely that members will stay on.
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Berger Commercial Realty Welcomes New Sales Associate | CRE-Sources

Berger Commercial Realty Welcomes New Sales Associate | CRE-Sources | In the Biz - Commercial Real Estate News | Scoop.it

Daniel Silver has recently joined the team at Berger Commercial Realty/CORFAC International as sales associate in its Palm Beach County office. 

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The Evolution of the Building Engineer's Job - GlobeSt.com

The Evolution of the Building Engineer's Job - GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
AOBA Foundation is offering paid Internships in the Washington, DC area.
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Oregon to Become First in US with Statewide Rent Control | GlobeSt.com

Oregon to Become First in US with Statewide Rent Control | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Senate Bill 608, a measure that caps how much landlords can raise rents and stipulates how they may evict tenants, is expected to be signed into law, making Oregon the first US state to cap rents.
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Brookfield Pays $36M for Part of Industrial Park | therealdeal.com

Brookfield Pays $36M for Part of Industrial Park | therealdeal.com | In the Biz - Commercial Real Estate News | Scoop.it
Brookfield Property Partners bought four commercial buildings at Deerfield Beach’s Quorum Business Center for $36.3 million, adding to Brookfield’s growing investment in South Florida real estate.

Ivy Realty's Ivy Capital Partners sold the flex industrial buildings, which total about 247,000 squa
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CRE-sources | Berger Commercial Realty Expands Team - CRE-Sources

CRE-sources | Berger Commercial Realty Expands Team - CRE-Sources | In the Biz - Commercial Real Estate News | Scoop.it

"Berger Commercial Realty/CORFAC International welcomes Mary Harris as sales associate in its Fort Lauderdale office.

Recently recognized by the South Florida Business Journal as a Power Leader in Marketing, Harris is a respected executive with more than 25 years of experience. Most recently she served as senior vice president of Marketing and Public Relations for BankUnited, responsible for the bank’s community, public relations, advertising and branding initiatives. She was integral to the rebranding of the bank in its transformation into one of the largest regional commercial real estate lenders, now on Forbes magazine's list of Best Banks in America."

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Record Number of Multifamily Deliveries Predicted For South Florida

Record Number of Multifamily Deliveries Predicted For South Florida | In the Biz - Commercial Real Estate News | Scoop.it
The trend of retreat from home ownership is a factor in South Florida apartment market.
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Kimco Opens Dania Pointe Project at 93% Leased | GlobeSt.com

Kimco Opens Dania Pointe Project at 93% Leased | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
The REIT states that the 330000-square-foot first phase of the 102-acre mixed-use development opens today at 93% leased. Some of its major tenants include: TJ Maxx Hobby Lobby Ulta Lucky’s Market BrandsMart Five Below Starbucks and YouFit Health Club.
CommerialREFL's insight:

I believe a lot of us had our doubts on this project.. It appears we might have been wrong.. good work KIMCO

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Save Money by Budgeting for Regular Roof Maintenance, Not Reroofing! | GlobeSt.com

Save Money by Budgeting for Regular Roof Maintenance, Not Reroofing! | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Proactive roof inspection and maintenance can extend useful life save in costs and help plan for a better replacement process.
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CoStar on Pace to 1.2B in Revenue in 2018 says CoStar Group | Andrew Florance | Commercial Real Estate Data

CoStar on Pace to 1.2B in Revenue in 2018 says CoStar Group | Andrew Florance | Commercial Real Estate Data | In the Biz - Commercial Real Estate News | Scoop.it
CoStar Group has reported another jump in revenue to $306 million for the company's third quarter, a 23 percent increase over the same period last year.
CommerialREFL's insight:

As a Broker/Agent... Somehow this is disheartening to hear.. $1.2B

 

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Top U.S. Commercial Mortgage Servicers of 2018 Revealed - WORLD PROPERTY JOURNAL Global News Center

Top U.S. Commercial Mortgage Servicers of 2018 Revealed - WORLD PROPERTY JOURNAL Global News Center | In the Biz - Commercial Real Estate News | Scoop.it
According to the Mortgage Bankers Association's newly released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018); Wells Fargo leads the national rankings, again.
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Commercial, Multifamily Mortgage Delinquencies Remain Low in U.S. - WORLD PROPERTY JOURNAL Global News Center

Commercial, Multifamily Mortgage Delinquencies Remain Low in U.S. - WORLD PROPERTY JOURNAL Global News Center | In the Biz - Commercial Real Estate News | Scoop.it
According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained at a low rate in the final three months of 2018.
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Ulises La Roca's comment, March 17, 10:34 AM
Dr. J.L DEL MORAL
¿Cómo va a ser la mora retraso? ¿Y entonces demora qué sería, requeteretraso? Piensa un poquito!!!
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Council Post: Real Estate's Digital Revolution And Why It Matters | Forbes

Council Post: Real Estate's Digital Revolution And Why It Matters | Forbes | In the Biz - Commercial Real Estate News | Scoop.it
Modern tech like automation and AI are complete game-changers for the real estate industry.
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Opportunity Zones | Treasury Department - therealdeal.com

Opportunity Zones | Treasury Department - therealdeal.com | In the Biz - Commercial Real Estate News | Scoop.it
The rush to buy Opportunity Zones sites has already begun, but then what?

Investors have started buying up properties and vacant land in designated Opportunity Zones sites around the country, even though some have no set plan about what they will build, according to the Wall Street Journal.

In
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Keeping Your Hard Assets from Liquefying | GlobeSt.com

Keeping Your Hard Assets from Liquefying | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it


Risks are abundant and varied in the world of commercial real estate. Some are apparent at the onset of the transaction and require an immediate tolerance…
CommerialREFL's insight:

Just when you thought you had a handle on what impacts CRE, here's one more item to keep an eye on... Liquefying

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A&G Realty to Sell 2,587 Payless Store Leases | GlobeSt.com

A&G Realty to Sell 2,587 Payless Store Leases | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Following the shoe store company’s bankruptcy filing and decision to close all of its North American locations, the real estate advisory firm will manage a series of auctions.
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South Florida Industrial Owners Believe Strong Demand Will Offset Market Headwinds

South Florida Industrial Owners Believe Strong Demand Will Offset Market Headwinds | In the Biz - Commercial Real Estate News | Scoop.it
Industrial owners at the forum said they do not foresee an oversupply of inventory in the next two years and believe cap rates will settle at 4.5% or less this year.
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CRE-sources | Berger Commercial Realty Negotiates Lease On Behalf Of Leading Transportation Company - CRE-Sources

CRE-sources | Berger Commercial Realty Negotiates Lease On Behalf Of Leading Transportation Company - CRE-Sources | In the Biz - Commercial Real Estate News | Scoop.it

"Herzog will occupy ±2,463 square feet at the DCOTA Office Center, located at 1815 Griffin Road in Dania Beach." 

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11 Commercial Real Estate Lessons To Learn From Amazon's HQ2 Announcement - AppFolio

Since the announcement, there's been much speculation about the impact on the real estate and job markets in these two cities.
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Where South Florida’s Office Growth is Headed | GlobeSt.com

Where South Florida’s Office Growth is Headed | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
The expanding mass transit system linking the major cities of South Florida has become a major factor in determining the future of new offices.
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| Coldwell Banker Commercial | cbcworldwide.com

| Coldwell Banker Commercial | cbcworldwide.com | In the Biz - Commercial Real Estate News | Scoop.it
Every industry has its own lingo, but there are some fields that really have a lot of jargon – and commercial real estate is definitely one of those fields. If you don’t have a background in CRE or CRE experience, it’s easy to feel overwhelmed. In talking to new CRE professionals, we hear this expresse
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South Florida Retail Market | Retail Apocalypse _ therealdeal.com

South Florida Retail Market | Retail Apocalypse _ therealdeal.com | In the Biz - Commercial Real Estate News | Scoop.it
Even South Florida can’t escape some of the challenges retail has faced nationwide.

South Florida has long outperformed other areas of the country when it comes to retail. The region's malls, such as Aventura Mall and Sawgrass Mills, are ranked as some of the most trafficked and profitable malls
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