Category: commercial real estate
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Dreznin Pappas Commercial Real Estate LLC wins Best of Bradenton 2024 Commercial Real Estate Company chosen by the community!
The results are in and we couldn’t be more proud and humbled to be voted for and chosen to be one of the medal winners for Commercial Real Estate in 2024! Bradenton’s Best 2024 Results are in! August 2, 2024…
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Another ingredient as to why tenants may struggle with the increasing cost of rent… Choices…
ESPN goes dark on DirecTV ahead of the NFL season as cable takes its latest last stand Dishin’ it out… For the second year in a row, Disney yanked its TV channels from a major pay-TV provider. On Sunday, 11M+ DirecTV subscribers lost access to Disney-owned…
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‘Something new’ in Bradenton? Developer shares details on massive SeaFlower community
James A. Jones Jr. via Bradenton Herald At nearly 1,200 acres, SeaFlower is easily West Bradenton’s largest mixed-use development in decades. After years of planning, site preparation and a couple of name changes, the developers of SeaFlower revealed new details…
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Lakeland, Florida, Multifamily Vacancy Rate at All-Time High as Supply Outpaces Demand
Some very interesting information from Michelle Rumore via Costar with some silver linings at the end. Region’s Pipeline Drops Below 3,500 Units for First Time in Over Two Years By Michelle Rumore Like many areas in Florida, Lakeland’s multifamily market has…
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Inflation’s effect on rents and tenants from a Grocery stores perspective
Who should a price-gouging crackdown hit, the stores or the brands? Selling food to a grocery store is generally more lucrative than running one. via Sherwood news (Getty Images) Who should a price-gouging crackdown hit, the stores or the brands?…
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Fresh data shows inflation’s trending down, boosting hopes of a big rate-cut fall
below news blast is via Robinhood / Sherwood It’s a trend… and your wallet’s grateful. Fresh #s this week showed that inflation’s continuing to cool. Yesterday, the consumer-price index (CPI) showed that annual inflation fell to 2.9% last month — its slowest…
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Slight Apartment Oversupply Expected in 2nd half of 2024
The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. With delivery of 440,000 new units expected in 2024 and more than 900,000 currently under construction, the overall vacancy rate…
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Election uncertainties exist
Presidential elections typically cast a shadow of uncertainty across markets as investors attempt to weigh the various changes and policy revisions as a result of a changing regime. The giant X-factor heading into November is undoubtedly President Trump’s plans to…
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Inflation data
The Consumer Price Index (CPI), due to be released today, is expected to show prices increased at an annual rate of 3.0%, the same as it was in June. The easing of price pressures has bolstered confidence US officials can start…
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