Category: commercial real estate
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Waterfront Apartments Coming to Tampa Bay Amid Supply Wave
written by PAUL OWERS via costar.com Bainbridge Bayside to Open in August The average rent at Bainbridge Bayside is near $1,900 a month. Illustration: Bainbridge Cos. Preleasing has started for a waterfront apartment community on Florida’s west coast, located in…
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Graves Brothers Company Pays $62.2 Million for Florida Apartment Community
SEPTEMBER 04, 2019|NIGEL DAVIDSON via Costar.com Epoch Residential Sells Lakeside Walk at Bexley Eoch Residential sold the Lakeside Walk at Bexley apartments at 16947 Kettle Ln. in Land O Lakes, Florida, for $62.15 million, or approximately $207,000 per unit, to Graves…
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Freddie Mac Rate Sheet Update 9-3-2019
Always a moving target, but the target parameters as of 9/3/2019 are as follows; If you see something you would like more information about, please email me at tritoncre@gmail.com and I will get your questions answered.
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U.S. yield inversion deepens, stokes recession fears
By Richard Leong via Reuters.com The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for…
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Facing Down Challenges in Multifamily Construction
“The most successful jobs are when the contractor, the developer and their consultants work together as a team.” By Tanya Sterling | via Globest.com Developers and contractors used to have something a combative relationship but that has changed, especially in the…
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Multifamily Rent Growth Gets Serious
The average US multifamily rent increased by $12 to $1,465 in June, according to Yardi-Matrix. By Erika Morphy| via Globest.com June was an inflection point for US multifamily rent growth, according to new figures by Yardi-Matrix. Following several months this…
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Multifamily Absorption Reaches 5-Year High
By Erika Morphy | July 08, 2019 at 05:41 AM via GlobeSt.com US apartment demand spiked during the second quarter of 2019 with product absorption climbing to a five-year high, according to RealPage. It reports that net move-ins totaled 155,515 units…
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Gulf Coast of Florida Apartment Outlook – 2nd Quarter 2019
Apartment Demand Outpaces Supply; Investors Seek Value-Add Opportunities Metrowide New residents filling rentals. The net migration of more than 39,800 people this year will bolster demand for apartments in Tampa-St. Petersburg. Many of the new residents are moving for job…
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FedEx loses $2 billion, warns of headwinds in coming year
Via AP Newswire BY DAVID KOENIG Jun 25, 2019 DALLAS (AP) — FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in…
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Dreznin Named Senior Associate at Marcus & Millichap
Tampa Office Welcomes 18 Year Industry Veteran via Costar & Derrick Knight Marcus & Millichap has brought on Sean Dreznin as a senior associate in the firm’s Tampa, Florida, office. Dreznin will be partnering with the Casey Babb team. Grant…
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