Category: Gulf Coast Commercial Real Estate
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Fun-money companies like DoorDash take a beating as investors bet consumers will tighten up
By Max Knoblauch via Sherwood News <— CLICK HERE for full article Wall Street appears to have its doubts that people will keep up their “let’s order a taxi for a burrito” habits much longer. Consumer discretionary was the worst sector in…
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Crude Reality
There’s Gold in them hills… Black Gold. via Titan News Oil prices took a sharp dive this week, with Brent crude and WTI crude experiencing their biggest losses in months. WTI crude fell by 4%, as analysts pointed to growing…
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In 2024, Developers completed close to 600,000 multifamily units.
Fast fact: Last year, developers completed close to 600,000 multifamily units. New York City, Dallas and Austin, Texas, led with the highest numbers of new rentals, according to the U.S. Census. Sarasota & Manatee County are also on this list.
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Markets of Increasing/Decreasing Appeal for Apartment Capital
This Jay Parsons research article spoke to me because of the amount of Sarasota information and how impactful it is. CLICK HERE <— for complete article and other from Jay Parsons Which markets are of increasing and decreasing appeal to…
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They not like us… Lots of us, that is.
Sarasota’s Population Surge: A Catalyst for Commercial Real Estate Investment by SVN Commercial Advisory Group | Feb 28, 2025 Sarasota County, Florida, is experiencing a significant population increase, positioning it as a prime location for commercial real estate investment across asset classes. This…
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25%
Tariff Tremors via Titan News The U.S. formally announced new tariffs on imports from China, Mexico, and Canada, reigniting global trade tensions just as markets were hoping for a calmer 2025. The move imposes a 25% tariff on key goods from Canada and Mexico,…
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Multifamily’s ‘AI-Driven Revolution’ Widening Gap Between Big, Small Landlords
February 24, 2025 Patrick Sisson, National via Bisnow Multifamily owners are among many in the business world trying to leverage artificial intelligence to cut costs and improve efficiency, but implementation of the technology is uneven, with bigger players able to incorporate…
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More than 550 multifamily units proposed for North Trail in Sarasota
By Andrew Warfield February 25, 2025 via Business Observer — <—- Click here for complete article A pair of proposals that would add more than 550 multifamily units in the city of Sarasota on North Tamiami Trail — a gateway to the…
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Florida Has More Homes for Sale Than Ever Before
February 27, 2025 by Lily Katz and Grishma Bhattarai via Redfin – Click for complete article The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease in homebuying, an…
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Consumer slowdown… Confident?
U.S. consumer confidence took a notable hit in February, raising concerns about the consumer-driven economy. The Conference Board’s index fell to 98.3, down roughly 7 points from the prior month. This was the largest monthly decline since August 2021 and marked the third…