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
Curated by CommerialREFL
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March 18, 2022 12:02 PM
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From 'The Butt End Of Real Estate' To Blind Bidding Wars: Inside The Staggering Rise Of Industrial | Biznow

From 'The Butt End Of Real Estate' To Blind Bidding Wars: Inside The Staggering Rise Of Industrial | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Warehouse execs, brokers and analysts talk about the rapid, radical growth that has hit their industry in the last decade.
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March 18, 2022 11:40 AM
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Rent-Control Measures a Top Priority for Local Lawmakers | GlobeSt

Rent-Control Measures a Top Priority for Local Lawmakers | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Cities across the US are considering caps as low as 2% for yearly increases in home-rental prices.
CommerialREFL's insight:

Miami has just started down this path with a "60 day Notice" rule before increases over a set percentage. Not sure how much this will assist the renter... Could this be another government attempt to correct something, however, just is focused on the wrong target.

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March 18, 2022 8:44 AM
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Industrial Saw Most Cap Rate Compression In H2 2021 | GlobeSt

Industrial Saw Most Cap Rate Compression In H2 2021 | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
However, cap rates declined across the entire real estate spectrum.
CommerialREFL's insight:

One factor that supports the lower cap rate is that market rental rates are anticipated to continue to climb. Securing a well located industrial property today will have a fast increasing CAP rate in the near future. 

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March 17, 2022 5:00 PM
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Mortgage Rates Explode Higher. Anything Quoted Before Right Now is LONG Gone

Mortgage Rates Explode Higher. Anything Quoted Before Right Now is LONG Gone | In the Biz - Commercial Real Estate News | Scoop.it

Via Enzo Calamo
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March 16, 2022 8:15 AM
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Texas Offers A Sneak Peek Of What Return To The Office Might Look Like | Biznow

Texas Offers A Sneak Peek Of What Return To The Office Might Look Like | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Texas metros, by far, have the greatest number of workers back in the office, but their success might not be easy for the rest of the US to replicate.
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May 11, 2021 10:08 AM
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As Inflation Looms, Real Estate Heads Into Long-Forgotten Territory | Biznow

As Inflation Looms, Real Estate Heads Into Long-Forgotten Territory | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
If you're under 35, you weren't a grown-up when CRE last had to deal with inflation
CommerialREFL's insight:

How many of you remember Inflation and CPI's? Well get your iPhone ready for what will turn out to be its first attempt at these CRE adjustments...

genuinebyanthony's comment, June 22, 2021 6:14 AM
nice
Theoklan's comment, September 27, 2021 12:28 PM
good
graph-bett's comment, October 22, 2021 5:38 AM
nice
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May 4, 2021 4:13 PM
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Gaining Weight? Your Cold Office Might Be To Blame | Biznow

Gaining Weight? Your Cold Office Might Be To Blame | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
We’ve been more sedentary or more active, gained weight or dropped pounds.
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May 3, 2021 5:08 PM
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U.S. 2021 Retail Vacancy Rate May Rise To 7-Year High After Record Store Closings | Forbes

U.S. 2021 Retail Vacancy Rate May Rise To 7-Year High After Record Store Closings | Forbes | In the Biz - Commercial Real Estate News | Scoop.it
Coronavirus has led to a record number of U.S. store closings in 2020 and to Manhattan’s retail rents plunging to historic lows, and the toll on the brick-and-mortar sector may not ease any time soon.
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May 3, 2021 4:15 PM
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How Retailers Decide Where to Close a Store | GlobeSt.com

How Retailers Decide Where to Close a Store | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Closures are most related to declines in economic prosperity and diminished access to quality transportation infrastructure.
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April 30, 2021 4:27 PM
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Florida CRE Gets Long-Sought Tax Break On Commercial Leases

Florida CRE Gets Long-Sought Tax Break On Commercial Leases | In the Biz - Commercial Real Estate News | Scoop.it
Florida is the only state in the country that charges a tax on commercial leases. The tax is being reduced.
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April 29, 2021 1:57 PM
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Carried Interest, 1031 Exchanges On Chopping Block In Biden's American Families Plan

Carried Interest, 1031 Exchanges On Chopping Block In Biden's American Families Plan | In the Biz - Commercial Real Estate News | Scoop.it
The Biden administration proposes a capital gains tax hike to pay for new programs.
CommerialREFL's insight:

Get ready... this may turn out to be a bumpy ride.... Contact your officials before CRE sees its greatest impact in a while....

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September 1, 2020 8:07 AM
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How One Florida Landlord Made Forbearance Decisions | GlobeSt.com

How One Florida Landlord Made Forbearance Decisions | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
By making forbearance decisions in March and April, this owner mitigated the current need for rent relief.
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September 1, 2020 8:04 AM
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Storm Readiness for Commercial Roofs: Five Things to Know | GlobeSt.com

Storm Readiness for Commercial Roofs: Five Things to Know | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it


With storm season upon us, CRE owners and facility managers may find themselves acutely aware of the state of their roofs. Hopefully, you have a comprehensive…
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March 18, 2022 11:41 AM
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State Governments Shedding Millions Of Square Feet Of Office Space Amid Hybrid Work Revolution | Biznow

State Governments Shedding Millions Of Square Feet Of Office Space Amid Hybrid Work Revolution | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
State and local governments across the country are embracing remote work to attract and retain workers, while saving money by shedding office space.
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March 18, 2022 8:45 AM
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7 CRE Risks To Avoid in the Current Volatile Environment | GlobeSt

7 CRE Risks To Avoid in the Current Volatile Environment | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
In this tumultuous environment, there are several concerns that investors should reevaluate to assure a successful investment.
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March 17, 2022 5:04 PM
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Surging E-Commerce Will Spur Industrial Rents to Grow 15% | GlobeSt

Surging E-Commerce Will Spur Industrial Rents to Grow 15% | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
A record 97.5 million square feet were leased by e-commerce occupiers in 2020, while another 77.1 msf was leased last year.
CommerialREFL's insight:

I must agree, Industrial seems to be the path to take for the next year or more.

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March 16, 2022 9:33 AM
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Project Costs Are Changing the CRE Landscape | GlobeSt

Project Costs Are Changing the CRE Landscape | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Developers and operators are having to prioritize spending in new ways.
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March 16, 2022 8:13 AM
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Mortgage Rates Explode Higher. Anything Quoted Before Right Now is LONG Gone

Mortgage Rates Explode Higher. Anything Quoted Before Right Now is LONG Gone | In the Biz - Commercial Real Estate News | Scoop.it

Via Enzo Calamo
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May 5, 2021 7:26 AM
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35+ Lenders Still Accepting PPP Applications [UPDATED 4/30]

35+ Lenders Still Accepting PPP Applications [UPDATED 4/30] | In the Biz - Commercial Real Estate News | Scoop.it
Find an SBA Preferred Lender in your state that's willing to work with new applicants so you can apply for a Paycheck Protection Loan today.
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May 4, 2021 4:08 PM
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Office Tours Spike 28% As CRE Gears Up For Labor Day Return To The Office | Biznow

Office Tours Spike 28% As CRE Gears Up For Labor Day Return To The Office | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Tours of office space have increased dramatically in frequency over the past month, but it may still take some time before that translates to leasing activity.
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May 3, 2021 4:18 PM
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Tech Firms Plant Roots in Fort Lauderdale’s Growing Tech Hub | GlobeSt.com

Tech Firms Plant Roots in Fort Lauderdale’s Growing Tech Hub | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Benefytt Technologies signed a 26,163-square-foot lease at Hotwire Technology Center.
Theoklan's comment, September 27, 2021 12:29 PM
nice
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April 30, 2021 4:35 PM
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Berger Commercial Realty Executes Long Term Office Lease Deal In Boca Raton

Berger Commercial Realty Executes Long Term Office Lease Deal In Boca Raton | In the Biz - Commercial Real Estate News | Scoop.it
The lease brings the newly renovated, 29,500-square-foot Class A boutique office building to 100% occupancy with a variety of professional, medical and dental tenants.
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April 30, 2021 4:23 PM
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How Biden’s Carried Interest Plan Would Play Out in Net Lease

How Biden’s Carried Interest Plan Would Play Out in Net Lease | In the Biz - Commercial Real Estate News | Scoop.it
If Biden’s proposals become reality, a lot of product would be put on the market. Then the market could freeze.
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September 1, 2020 8:08 AM
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Marketing Commercial Properties During the Pandemic | GlobeSt.com

Marketing Commercial Properties During the Pandemic | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Today's buyers are concerned about indoor air quality, touchless technologies, outdoor amenities and building apps, according to CBRE .
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September 1, 2020 8:05 AM
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Why Deferred Rent is No Solution to the Crisis in Retail | GlobeSt.com

Why Deferred Rent is No Solution to the Crisis in Retail | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Despite all the pre-pandemic talk of a “retail apocalypse,” many of these once-healthy chains have never been in a distressed situation.
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