Florida’s real estate industry and many of its residents are pinning their hopes on recently enacted legislation designed to make more housing affordable in the Sunshine State. According to a Tampa Bay Times article, the lack of affordable rental properties has...
An approaching wave of commercial real estate loans this year is expected to boost appraisal activity. The wall of CRE loans approaches amid declining values of some types of commercial properties over the past year. This has been largely driven by the rapid...
Tech billionaire Bill Gates who amassed a fortune in the computer software business is making money in one of the world’s oldest professions: farming. The former Microsoft chief, who is the country’s largest private landowner, is counted among investment firms,...
Real estate portfolio transactions captured CRE headlines at the close of 2022. Among the largest was the sale of a Chicago multifamily portfolio with about 7,500 units across more than 400 buildings for approximately $600 million. The transaction was one of the...
Commercial real estate values are not expected to see significant declines this year despite market concerns over recent and forecasted interest rate hikes, stagflation, and recession fears. Current market conditions have caused REIT stock prices to decline this year,...