Blog Archives

Central Florida Retail Continues to Outperform National Trends

Spurred by highly-publicized store closings of national chains like Toys R Us and Sears, the retail sector has received a lot of attention and analysis regarding its impending ‘apocalypse.’ A quick look at Central Florida’s market fundamentals, however, wouldn’t support such gloom and doom. In Tampa and Orla Tampa/St. Petersburg Commercial Real Estate News From […]

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Sarasota Multifamily Construction Boom Continues

Pictured: Bold Lofts in Sarasota, FL. Construction on the 97-unit apartment complex is slated to be completed this August. As with much of Florida, Sarasota was late to fully em Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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CoStar Market Insights: Sales Activity of Existing Multifamily Properties Across Florida Focusing on Value Add Renovations to Increase Rents While New Product Continues Flying Off Shelves in South Florida

By: Danielle Grimelli and Evan Snow, CoStar Market Analytics.Looking across the Sunshine State, the Daytona Beach metro has enjoyed strong rent growth and a historically low vacancy rate that surpassed the national level starting in 2014. Strong job growth above the national average is expected to continue supporting low vacancy levels at a minimum. With […]

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Consolidation Continues in SFR Sector as Colony Starwood Agrees to Buy GI Partners’ 3,106 Rental Homes for $815 Million

Colony Starwood Homes (NYSE:SFR) agreed to acquire a portfolio of 3,106 single-family rental homes from Waypoint/GI Venture LLC for $ 815 million. Colony Starwood currently manages the portfolio for the sellers, which is located in southern and northern California, Chicago, Atlanta, Tampa, Phoenix, Miami and Orlando. As of March 31, 2017, the GI portfolio was […]

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CBRE Continues Statewide Expansion with Move into SW Florida

CBRE, which currently has seven offices across the state, announced it is extending its brokerage and real estate advisory services to Southwest Florida, with a focus on agency leasing and property sales in Naples, Fort Myers, Cape Coral, Port Charlotte, and Bonita Springs. Jeffrey Gage, a senior vice president with CBRE’s Advisory and Transaction Services […]

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