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Coral Gables approves Belmont, Baptist Health senior living project

Belmont Village Senior Living and Baptist Health South Florida have received unanimous approval from the Coral Gables City Commission to build Belmont Village Coral Gables, a premier mixed-use senior living community. Belmont

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Wynwood business group supports commuter rail proposal

The Wynwood Business Improvement District is throwing its weight behind a proposal for Brightline/Virgin Trains USA to build five commuter rail stations along the Florida East Coast Railway tracks near

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Empty houses could sell faster

Vacant homes, long considered a drag on the U.S. real estate market, are getting an image makeover courtesy of the coronavirus crisis, says Ken H. Johnson, Ph.D., an economist in

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U.S. metropolitan residential real estate markets are peaking, and some cities are in another pricing bubble, according to the latest national index produced by Florida Atlantic University and Florida International University faculty. The Beracha, Hardin & Johnson Buy vs. Rent Index scale goes from minus-1 (good time to buy) to 1 (better to rent) with zero being neutral. Two metropolitan areas—Dallas (0.92) and Denver (0.77)—are significantly overheated and rapidly approaching a score of 1, said Ken Johnson (above), one of the index’s creators and associate dean and professor in FAU’s College of Business.
Mana saves McArthur

After submitting a winning bid in bankruptcy court, investor Moishe Mana has closed on the $16.5 million sale of two McArthur dairy sites, including prime property in Little Haiti. Mana

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Real estate considerations

By Jay Mussman Luxury real estate in the United States rallied in both sales volume and price in the fourth quarter of 2019. Then the coronavirus began, slowing the demand

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Industrial sector is rare commercial real estate bright spot

The industrial sector appears to be the only asset class in commercial real estate poised to weather a devastating downturn caused by the coronavirus, said Rebel Cole, Ph.D., a finance professor in

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Amazon package sorting
COVID-19’s impact on tenants, landlords and brokers

By Jonathan Kingsley and Stephen Rutchik The commercial real estate industry was relatively unprepared to manage the COVID-19 crisis. Landlords, tenants, property managers and brokers have honed their skills and

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Why the construction industry is essential amid pandemic

By Peter Dyga You may not think highly of construction workers and you may not even see the “essential” nature of what contractors do. But think about this; everything you

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Residential market buffeted, but there’s reason for optimism

South Florida’s residential market is getting hit in many directions by the pandemic, but there is optimism the region will be a national leader when the pandemic winds down. The

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Update: Evictions put on hold in Florida

Update: Gov. Ron DeSantis on April 2 issued a 45-day hold on evictions and foreclosures in Florida. Previous story All three South Florida counties have put evictions on hold amid

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Coronavirus creates legal, supply and HR issues in construction field

By Stephanie M. Chaissan Construction projects in Florida are now feeling the effect of the coronavirus outbreak, which is rippling through the supply chain, raising contractual issues and creating questions

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Insight into the coronavirus impact on commercial real estate

There’s a lot of economic comparisons between the Great Recession and the coronavirus, but there are a couple of key differences this time when it comes to commercial real estate,

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