by admin | Aug 10, 2015 | Market Data
The mixed-use project — located on more than 60,000 square feet of property — will serve as a multi-purpose focal point for the Rosemary District. According to architect and project manager Jonathan Parks, the project will include retail, office and restaurant space, as well as a 5,700-square-foot dance studio. Developers have also acquired a parcel of property across the boulevard with the intent of eventually constructing a theater space.
Source: www.yourobserver.com
Rosemary Square breaks ground. The mixed-use project — located on more than 60,000 square feet of property — will serve as a multi-purpose focal point for the Rosemary District. According to architect and project manager Jonathan Parks, the project will include retail, office and restaurant space, as well as a 5,700-square-foot dance studio. Developers have also acquired a parcel of property across the boulevard with the intent of eventually constructing a theater space.
Framework Group & Vertica Partners are developing a luxury 228 unit apartment project in the Rosemary District and look forward to continued redevelopment of the area.
by admin | Aug 10, 2015 | Market Data
“Either the market believes that there is a future with runaway inflation/appreciation which will drive a higher overall yield on exit, or there is just too much money chasing too few deals. If it’s the latter, and the market cannot support real appreciation through sustainable rent growth, then a yield reset will occur following monetary policy changes, which are expected by most market analysts in the coming six to nine months.”
Source: www.globest.com
Either the market believes that there is a future with runaway inflation/appreciation which will drive a higher overall yield on exit, or there is just too much money chasing too few deals. If it’s the latter, and the market cannot support real appreciation through sustainable rent growth, then a yield reset will occur following monetary policy changes, which are expected by most market analysts in the coming six to nine months.
by admin | Aug 6, 2015 | Market Data
Source: saintpetersburgtimes.fl.newsmemory.com
Home flipping is still a very risky investment, particularly for the novice and uninitiated. You have to be very thorough with the ability to close quickly with all-cash in order to have any shot of even acquiring the home, often times with little or no due diligence. It’s very easy to lose your entire investment on your first flip.
Vertica Partners has purchased and renovated nearly 1,000 homes throughout Florida over the past few years and sees first time investors fail significantly more than they succeed.
by admin | Aug 6, 2015 | Market Data
A condo converter that bought up five Bradenton-area apartment buildings in the early 2000s has sold off the last block of units it owned at the 272-unit Sanctuary of Bradenton complex for over $9 million.
Source: www.bradenton.com
Vertica Partners has been awarded the assignment of exclusively representing the new owner in the purchase of all individually owned units in the community through Vertica’s Condo Buy-Back program.
Vertica currently works in dozens of communities throughout Florida with all of the top bulk condo ownership groups to help them acquire additional units through direct marketing, foreclosure sales, tax deed sales, MLS listings and note sales. This is the most comprehensive program of its kind and no one has completed more fractured condo sales in Florida since 2010 than the Vertica team.
by admin | Aug 5, 2015 | Market Data
The doors are opening for a potential marketing revolution, especially for commercial and residential real estate, without the expense of an aerial photographer and plane. In addition to showing a breathtaking view of a property from up high, drones can also be used as tools for inspections, insurance purposes and other business functions.
Source: www.propertymanagementinsider.com
The doors are opening for a potential marketing revolution, especially for commercial and residential real estate, without the expense of an aerial photographer and plane. In addition to showing a breathtaking view of a property from up high, drones can also be used as tools for inspections, insurance purposes and other business functions.
