Buyers vying for net lease investment properties have been paying top dollar to win deals. But an increase in interest rates is already causing cap rates to creep higher and there could be more price adjustments ahead for 2017, according to a recent article by National Real Estate Investor. Pricing on net lease assets has […]
With the industrial market experiencing a 4.7 percent vacancy rate in Miami-Dade, the demand for industrial developable land is heating up. But while industrial land is becoming scarce, it is possible to find rare investment opportunities where to build the next generation of industrial properties. Last month, I listed an industrial site along I-95 […]
Keeping property taxes under control is important to commercial real estate investors. Yet, that could change soon – unless Florida Legislators vote to make permanent a 10 percent cap that limits how much your property tax bill can go up. Florida legislators will debate in the 2017 legislative session starting in early March whether to […]
The Federal Reserve’s decision to raise its overnight rate by a modest 25 basis points to a range from 0.5 percent to 0.75 percent will most likely slow down CRE deals as we enter 2017. Rising interest rates may force asset re-pricing and play a significant role in the commercial real estate market this year. […]
Last week’s Miami Today contained an interesting article about the role the suburban office market is expected to play in 2017 CRE. As I discussed with reporter Catherine Lackner, the increasingly difficult commute to Miami’s central business district and rising rental rates is progressively pushing demand for office properties located in the suburbs, including Kendall, […]