Skyrocketing land values and increased construction costs are some of the challenges for office developers to overcome, but that doesn’t mean we won’t see better office space with higher rents. A trend that has been unique to this cycle has been the acquisition of office buildings in secondary markets with significant upside potential. Repositioning a […]
The unpredictability of the stock market may cause property owners to consider selling their stabilized commercial properties. If the market uncertainty is here to stay for the long haul, property values will suffer. I often talk about ‘the window of opportunity’ to maximize profits when selling a property. I think that window may be closing […]
The tax reform bill recently signed into law by President Trump has given the CRE market reasons to celebrate. Fortunately, it retained numerous key commercial real estate provisions that will continue to fuel deals. The 1031 tax-deferred exchange, the mortgage interest deduction for investment real estate and asset depreciation had few material changes, according to […]
Do you need another reason to invest in Florida commercial real estate? Look at Florida’s population growth between July 2016 and July 2017. During that period, the Sunshine State added 328,000 residents, 33 percent more than California. Population growth is one of the fundamentals for a healthy real estate market and Florida continues to grow […]
CoStar News: How would you describe the state of the commercial real estate market in South Florida? Alex Zylberglait: » I think, at this point, the market is still moving up. The deal volume is a little slower than last year and the year before, but nevertheless, it’s still at a healthy level. The only […]