by admin | Sep 18, 2015 | Market Data

The Tampa Bay area posted the highest foreclosure rate among the nation’s 20 largest metro areas in August, although local foreclosure activity continues to decline.
According to RealtyTrac, one in every 527 bay area homes was in some stage of foreclosure — more than twice the national average.
Source: www.nationalmortgagenews.com
The Tampa Bay area posted the highest foreclosure rate among the nation’s 20 largest metro areas in August, although local foreclosure activity continues to decline.
According to RealtyTrac, one in every 527 bay area homes was in some stage of foreclosure — more than twice the national average.
by admin | Sep 18, 2015 | Market Data

Tampa Bay Lightning owner Jeff Vinik’s real estate team is moving toward landing a major office tenant and signing a hotel flag — but he doesn’t want to say too much too soon.
Office towers occupied by a new corporate headquarters and a new 400-room hotel are major components of the billion-dollar district that Strategic Property Partners — formed by Vinik and Cascade Investment LLC — are planning in downtown Tampa.
Source: www.bizjournals.com
Tampa Bay Lightning owner Jeff Vinik’s real estate team is moving toward landing a major office tenant and signing a hotel flag — but he doesn’t want to say too much too soon.
Office towers occupied by a new corporate headquarters and a new 400-room hotel are major components of the billion-dollar district that Strategic Property Partners — formed by Vinik and Cascade Investment LLC — are planning in downtown Tampa which were exclusively represented in the acquisition of the land assemblage by T. Sean Lance of Vertica Partners..
by admin | Sep 16, 2015 | Market Data

Source: sarasotaheraldtribune.fl.newsmemory.com
CitySide is one of several projects currently under development in the downtown Sarasota area along with 228 units being developed by a joint venture between Vertica Partners and Framework Group.
by admin | Sep 16, 2015 | Market Data

Scott and Heidi Shimberg, longtime Tampa builders, are beginning new home construction in East Tampa neighborhoods that is designed to attract working people who may not be able to afford the upscale apartments rising in downtown.
Source: www.83degreesmedia.com
As downtown Tampa grows and thrives, surrounding neighborhoods are starting to feel the effects of the revitalization waves spreading throughout the area.
by admin | Sep 15, 2015 | Market Data

An Atlanta group is planning a 23-story apartment tower with an eight-story parking garage that includes a rooftop pool and amenity deck.
Source: www.bizjournals.com
Atlanta based Carter just closed on a 1 acre site in the Tampa CBD for 362 apartments in a 23-story tower expected to be completed in 2017.