Month: September 2021
Daily Business Review: Fears Over Older Buildings After Surfside Condo Collapse Lead to Redevelopment Opportunities
Redevelopment opportunities are growing across South Florida for developers and investors as a result of the June 24 condominium collapse in Surfside. As South Florida counties require more frequent inspections...
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Ask the Expert: How Have Supply Chain Disruptions and Increased Construction Costs Impacted Multifamily Acquisitions Among Investors Nationwide?
With rising construction costs and delayed development timeframes, existing multifamily communities have been propelled to higher rent levels and therefore higher sale values. High-growth markets, such as Florida and really...
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The Real Deal: KEI Properties buys Hialeah office-retail property for $8M
KEI Properties scooped up the Hialeah Medical Plaza for $7.7 million. The North Miami-based real estate investor and manager bought the office and retail property at 3750 West 16th Avenue...
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Orlando Business Journal: Empty Clermont land attracts Costco, Floor & Decor and more growth
A proposed luxury Lake County shopping center along State Road 50 that failed to get developed during the Recession now is bouncing back due to an influx of new residents...
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Yield Pro: Franklin Street arranges record setting sale of value-add apartment community in Fort Lauderdale for $7 million
Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called...
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