by admin | Aug 13, 2015 | Market Data
Florida still leads the nation in completed foreclosures and ranks third for the percentage of distressed properties.
Lenders closed on 101,938 foreclosures in Florida during the 12-month period ended in June, accounting for nearly one-fifth of all the foreclosures nationwide, data provider CoreLogic reported Tuesday.
Source: www.heraldtribune.com
Florida still leads the nation in completed foreclosures and ranks third for the percentage of distressed properties. Lenders closed on 101,938 foreclosures in Florida during the 12-month period ended in June, accounting for nearly one-fifth of all the foreclosures nationwide, data provider CoreLogic reported Tuesday.
by admin | Aug 13, 2015 | Market Data
Private equity fund managers are taking advantage of high property valuations to close out funds and distribute record amounts of cash back to investors.
Source: nreionline.com
As private equity exits hit record highs, is it time to pull money off the table for real estate investors that got in early?
by admin | Aug 13, 2015 | Market Data
A Tampa-based developer closed on the purchase of the future site of a large-scale residential project in the Rosemary District.
Source: www.yourobserver.com
Vertica Partners has partnered with Framework Group and Forge Capital Partners to develop 228 luxury apartments in the Rosemary District of downtown Sarasota.
by admin | Aug 12, 2015 | Market Data
Risdon Group will meet with the city’s Development Review Committee next week to discuss plans for Risdon on 5th, which includes 22 condos and six offices in 36,000 square feet of space near the intersection of Central Avenue and Fifth Street. Halflants + Pichette Architects, which is also based in the district, will oversee design of the $5 million project.
Source: www.yourobserver.com
Risdon Group will meet with the city’s Development Review Committee next week to discuss plans for Risdon on 5th, which includes 22 condos and six offices in 36,000 square feet of space near the intersection of Central Avenue and Fifth Street. Halflants + Pichette Architects, which is also based in the district, will oversee design of the $5 million project.
by admin | Aug 10, 2015 | Market Data
Investors have poured more than $1 billion into multifamily investments along the Gulf Coast since the end of the recession, pushing prices to record levels.
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At the same time, fueled by rental gains and a dearth of new product, developers have proposed or built more than 50,000 new units from Tampa to Naples
Source: www.businessobserverfl.com
Investors have poured more than $1 billion into multifamily investments along the Gulf Coast since the end of the recession, pushing prices to record levels. At the same time, fueled by rental gains and a dearth of new product, developers have proposed or built more than 50,000 new units from Tampa to Naples
by admin | Aug 10, 2015 | Market Data
Dimmitt Automotive Group plans to open a luxury car dealership featuring Rolls-Royce and other high-end cars in downtown Sarasota later this year.
Source: www.businessobserverfl.com
More downtown Sarasota tenants arriving including Dimmitt Automotive Group which plans to open a luxury car dealership featuring Rolls-Royce and other high-end cars in downtown Sarasota later this year.
