Category: development
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Why the Fed faces a dilemma when it comes to interest rate decisions
By: Paul Davidson via USA TODAY Despite a partial rebound the past two trading days, the U.S. stock market is down sharply from its record high in mid-February and could use a shot in the arm. Don’t expect the Federal Reserve to…
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The Yolk’s on you, although the news is Eggcillent!
By Andrew Barker, Editor at LinkedIn News After several months of skyrocketing egg prices, relief could finally be on the way. Wholesale egg prices fell to $4.83 per dozen last week, down 44% from their peak at the end of…
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2025 Multifamily Market Outlook: Clearer Skies Ahead
By: Kim Betancourt – Economic and Strategic Research – Vice President By: Tim Komosa – Multifamily Economics and Market Research- Senior Manager Based on preliminary third-party data, multifamily rental growth is estimated to have turned negative during the fourth quarter…
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CrossFit Is Looking for a Buyer…again
CrossFit Is Looking for a Buyer—Because the Brand Just Isn’t What It Used to BeCrossFit, once the dominant name in high-intensity fitness, is officially shopping for a new owner. CEO Don Faul says it’s about ushering in the “next phase…
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With the Rays Stadium deals’ death report, the vultures haven’t bothered circling, they’re diving!
Local investor offers $260M to purchase the Tropicana Field property via Tampa Bay Times Thompson Whitney Blake, founder of the private equity firm Blake Investment Partners submitted an offer to St. Pete officials Thursday. Tropicana Field pictured throughout the fence…
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Small Multifamily Property Valuations, Originations Rebound
The key word for this article is Normalization. After a period of declining valuations, small multifamily properties rebounded in late 2024, with increasing loan originations and strong occupancy rates pointing to market stabilization. Back in the black: Small multifamily valuations saw an…
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Demolition set to begin at Sarasota Kennel Club
After 95 years, the 26-acre site on University Parkway will be cleared for unspecified future development. By Andrew Warfield via Business Observer Jack Collins Jr. sat in the cab of an excavator, invited by the new owner of the Sarasota Kennel…
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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.