While there is still appetite for CRE deals in Miami, the volume of office transactions is decreasing, according to Real Capital Analytics. First came the condo market correction and now the office market is experiencing a step back. Case in point: the volume of deals for properties in the price range of $2.5M to $20M […]
A Dodge Data & Analytics report recently revealed the average square feet of office space per employee has declined nearly 4% to 195 square feet per employee since early-2010. This is the ratio’s lowest level since mid-2008. The ratio not only includes personal office/cubicle space, but also each employee’s share of public space such as […]
The Miami investment market is flush with liquidity as consistent yields and improving fundamentals keep investor sentiment optimistic in 2016, according to a recent Marcus & Millichap report. But as the real estate cycle evolves, investors have begun showing some resistance to outsize pricing, which may cause exceptional cap-rate compression to level off this year […]
Billionaire real-estate investor Sam Zell warns the economy is ‘in the ninth inning,’ but predicts a ‘milder’ downturn ahead, according to a recent WSJ article. Mr. Zell, who correctly called the top of the last commercial real-estate cycle, predicts that global problems will likely push the U.S. into a recession next year. He contends the […]
The recently released The Wealth Report 2016 by Knight Frank reveals some interesting CRE trends that wealthy foreign investors may keep in mind when deciding where to invest. Over a decade, Knight Frank has provided a unique perspective on the interaction between wealth and the world’s prime property markets like Miami. Experiential real estate Successful investors must […]