Has the Market Peaked?

When I'm analyzing the current health of the multifamily market, an invaluable resource for me is Dr. Glenn Mueller's Real Estate Cycles Analysis from the Black Creek Group – Black Creek Research.The report contains a wealth of data spanning major commercial real estate markets across the country. It is based on almost 300 models, tracking occupancy and rental rates, and it covers 54 Metropolitan Statistical Areas (MSAs). Essentially, it is [...]

By |2019-12-31T18:59:30+00:00November 28th, 2019|Uncategorized|0 Comments

Manufacturing on Florida’s Space Coast is On the Rise

EDC’s signature State of Manufacturing event awards local champions of manufacturing initiatives. Space Coast, FL (September 21, 2017) – Florida’s manufacturing GDP has been on a steady incline since 2001. However, Brevard County’s is rocketing. While the nation and Florida’s has increased about 50% since 2001, the Space Coast’s manufacturing GDP has climbed over 200%. These statistics were announced by James Heckman, state economist for Florida’s Department of Economic Opportunity, [...]

By |2019-12-31T19:00:10+00:00November 28th, 2019|Uncategorized|0 Comments

Florida Voters: Vote “Yes” For Amendment 2

ORLANDO, Fla. – Oct. 26, 2018 – More than 2 million of Florida's 5 million commercial properties, rental units, second homes and vacant lots are facing property tax hikes not seen in over a decade if voters do not approve Amendment 2 on Nov. 6. Amendment 2 preserves the 10 percent cap on annual increases of non-homestead property values that has been in place for the last 10 years. The [...]

By |2019-12-31T19:00:42+00:00November 28th, 2019|Uncategorized|0 Comments

Federal Opportunity Zones Explained

Buried in the Tax Cut and Jobs Act of 2017, was an intriguing provision that has many investors taking note. The Qualified Opportunity Fund Program is a federal tax incentive designed to attract investments into lower income communities – the idea being that investment in these areas will help create jobs, and in turn, revitalize these communities. What are the incentives? There are 3 ways that an investor can benefit: [...]

By |2019-12-31T19:01:19+00:00November 27th, 2019|Uncategorized|0 Comments

Flint Brokers & Associates is joining forces with Sperry Commercial Global Affiliates

June 19, 2019 13:26 ET | Source: Sperry Commercial Global Affiliates IRVINE, Calif., June 19, 2019 (GLOBE NEWSWIRE) -- Sperry Commercial Global Affiliates today announced that Flint Brokers & Associates, a commercial real estate company, is the first affiliate in the Brevard County region of Florida, which includes Melbourne, Cocoa Beach and Cape Canaveral. Led by president and CEO James Flint, Flint Brokers & Associates specializes in a spectrum of [...]

By |2019-12-31T19:01:44+00:00November 27th, 2019|Uncategorized|0 Comments

2020 Commercial Real Estate Forecast

With all the volatility in the market this summer, it is increasingly difficult to gauge where the real estate investment cycle might be headed from here. That being said, one of the best forecasting resources available for commercial real estate is Dr. Glenn Mueller's Real Estate Cycles Analysis from the University of Denver - Burns School of Real Estate & Construction Management. The report is produced quarterly, and it contains [...]

By |2019-12-31T19:02:10+00:00November 27th, 2019|Uncategorized|0 Comments

Brevard Manufacturing Outpaces State and National Gains

EDC event highlights sector’s growing role in Space Coast economy Space Coast EDC logo CAPE CANAVERAL, Fla. (September 16, 2019)– At the 4th Annual State of Manufacturing event -- hosted by the Economic Development Commission of Florida’s Space Coast’s (EDC) Regional Manufacturing Association (MASC) – attendees celebrated the sector’s growth. Between 2015 and 2018, nearly a quarter (23.3%) of the of jobs created in Brevard County were in manufacturing, [...]

By |2019-12-31T19:03:01+00:00November 27th, 2019|Uncategorized|0 Comments

Preparing to Sell Your Commercial Property

By: Michael Sjuggerud, Esq., B.C.S Board Certified Real Estate Lawyer Orlando, Florida In real estate transactions, the exchange of property and title is one of the most important, but overlooked, parts of the deal. Many real estate closings are delayed because an issue arises during the buyer’s due diligence. However, the seller can avoid many of these delays by anticipating documents and information that may be required by [...]

By |2019-12-31T19:03:56+00:00November 27th, 2019|Uncategorized|0 Comments

The Benefits of Investing in Commercial Real Estate

Real Estate investing, specifically commercial real estate investing, has proven to be one of the best vehicles for savvy wealth-builders to create real prosperity over time. In fact, most affluent individuals typically own a significant amount of real estate in their portfolio due to the incredible benefits that real estate offers over stocks, bonds, and other avenues. Consider just a few of the many reasons to invest in commercial [...]

By |2019-12-31T19:04:52+00:00November 27th, 2019|Uncategorized|0 Comments

What is a Cap Rate?

One of the most universally utilized formulas that investors use to make a quick assessment of a property's current investment return is the capitalization rate. It is commonly referred to as the cap rate, and it is a very simple calculation that provides a “snap-shot” of the return that a certain investment has made against the total cost of the project, usually over the last 12 month period. It [...]

By |2019-12-31T19:05:15+00:00November 27th, 2019|Uncategorized|0 Comments