Florida has emerged as a surprising battleground over rent control this year as local governments look for ways to manage escalating housing costs. Elected officials in a handful of cities and counties across the Sunshine State have seriously debated the controversial issue in response to increasing demands from residents who face some of the steepest [...]

You don’t need to be an economist to know that prices for just about everything have soared in the past year. The consumer price index for all urban consumers increased 8.3% in the year ending in August, nearly its highest level in the last 40 years, according to the U.S. Bureau of Labor Statistics. Interestingly, [...]

It was not that long ago that commercial real estate professionals would draw circles on road maps to help pinpoint the best place to locate a business. These concentric rings might show the one- to five-mile radius from a given piece of property — and served as a starting place to help clients select a [...]

The Altman Cos., a division of BBX Capital, plans to create a vibrant mixed-used apartment community with the aim to help revitalize the downtown area of Davie, Florida. Altman will build Altis Davie, an apartment complex with a retail component, on a four-acre property it controls after finalizing a purchase contract with Davie and Davie’s [...]

Source: IMF World Economic Outlook Database as of 2022 Rising inflation expectations is not only a United States concern but one that is faced across the globe.

Public parks improve communities’ social and physical health worldwide according to Public Parks and Wellbeing in Urban Areas of the United States by Larson and Rethinking Urban Space in Cities — A Study of Parks in Hyderabad, India by Shrinagesh and Markandey. Parks and urban trails also attract users to surrounding real estate. Park visitors [...]

Illustrations by Ben Simons. Since the early 2000s, blockchain technology has evolved into a widespread wave of innovative efforts that reached all corners of the financial industry and real estate is no exception. The traditional transfer of real property involves several key elements including title, deed, mortgage, and leases that must be organized, filed, and [...]

McCraney Property Company developed Infinity Park as a Class A+ state of the art business park that combines warehouse, office, and retail uses. Located on Southpark Center Loop in Orlando, Florida, the site is incredibly accessible with access to the Florida Turnpike, Beachline Highway (SR-528), and John Young Parkway. Its buildings have all of the [...]

Understanding the relationship between buildings, pollution, and climate change requires simplifying the components. The first step is to define sustainability from the investors’ perspective. To do this, we consulted environmental engineers, professors from the University of Florida’s School of Design, Construction, and Planning, and the Director of Campus Sustainability. One key takeaway is that there [...]

The outbreak of the Covid-19 pandemic two years ago sent the country into a recession, leaving millions of Americans unemployed. At the same time, perhaps surprisingly, it marked the beginning of a significant boom in the housing market. The median sales price of houses sold in the US went up from $330,000 in 1Q2020 to [...]

After 50-plus years teaching real estate at the University of Florida Warrington College of Business, Wayne Archer shares his career-long revelations. Growing up on the plains of Kansas, Wayne Archer once thought that he would like to spend his life working the land as a farmer. As a youngster, he spent several summers at the [...]

Introduction Inflation has again reared its ugly head in the United States. The December 2021 CPI inflation rate, 6.8%, was the highest recorded in 39 years, and producer prices were 9.8% higher than a year earlier. Relative to the past several decades, inflation is rising and survey evidence shows that actual inflation exceeds the expected [...]

Historically, institutional investors have favored companies that own and operate traditional property types — office, retail, industrial, apartments, and lodging/resort. These “core” real estate assets are attractive investments for providing greater diversification, reliable income, and predictable yield. Today, market sentiment remains bullish, despite the major economic disruption in 2020. In 2021, the industry experienced record-high [...]

Mixed-Use History Mixed-use real estate has been a central theme in urban development since the reign of the Roman Empire, where apartment units were built over city marketplaces. Mixed-use is not a new planning or development option. Before industrialization, mixed-use property was common throughout the United States. Since walking was the primary means of transportation [...]

The Retreat at Lakeland is a 464-unit apartment community located in Lakeland, Florida. Covenant Capital Group is an expert at finding communities in need of attention and turning them into quality institutional assets. The experience at Retreat at Lakeland highlights both Covenant Capital Group’s expertise and the current market opportunities. The property was acquired in [...]