Find out how people buy homes before even seeing them, why millennials buy, and more. Our survey shows how 4 real estate trends are changing the industry.
Source: www.surveymonkey.com
A recent survey uncovered valuable insights on the state of the real estate industry, as well as a ton of surprising trends in the attitudes and behaviors among today’s homebuyers and sellers.
Source: sarasotaheraldtribune.fl.newsmemory.com
Vinik, 56, is now the front man on a planned $2 billion project that will transform the south side of downtown Tampa by redeveloping a 40-acre swath of land surrounding Amalie Arena, where the Lightning nearly won the Stanley Cup last season.
“We’re building half a city.That’s really what we want to do here,” according to Vinik.
Vertica Partners’ T. Sean Lance exclusively represented Vinik’s group in the acquisition of the land surrounding the arena over the course of several years.
Source: sarasotaheraldtribune.fl.newsmemory.com
Tanning beds, putting greens and lazy rivers. No, these aren’t luxury retirements homes. They’re the upscale dorms that some Florida universities are using to lure students to campus.
Florida’s 12 state universities must charge roughly the same tuition, so they can’t rely on pricing alone to give them a competitive edge. That’s why experts say campus amenities like fancy dorm rooms are key to recruiting and retaining students.
Many institutions are turning to public-private partnerships with experienced private- sector developers for both development expertise and efficiency and for creative ways to finance and in some cases operate these new housing communities.
Construction of seniors housing properties is up, but occupancy is flat and absorption was down at the end of the third quarter, according to industry experts.
Source: nreionline.com
A report released last week by the National Investment Center for Seniors Housing & Care (NIC) said the average occupancy rate for seniors housing properties was 89.9 percent, the same as in the second quarter. Annual absorption in the sector, which includes both independent and assisted living properties, dropped to 1.8 percent, the first quarter that the rate has been below 2 percent in four years.
Source: sarasotaheraldtribune.fl.newsmemory.com
The construction cranes along the skyline in Sarasota and the dump trucks rumbling through the city’s streets tell the story. The city Sarasota issued a record number of building permits in the recently completed fiscal year, processing 8,402 jobs valued at $330.6million.
That was the first time more than 8,000 construction permits were processed in a 12-month period, and it was 1,200 more than the previous record set in fiscal 2014.
A partnership between Vertica Partners and Framework Group for the development of 228 luxury rental units in the Rosemary District is adding to the growing area attracting new residents, retail, shops and restaurants drastically improving the quality of life.