Are 1031 Exchanges in Jeopardy Under the Biden Administration?

by | Aug 31, 2021

In a recent Green Street report, sources say that “while prior administrations have suggested ending 1031 exchanges, chances are better now that it will happen.” Congressional deal-making has created an increased focus on 1031 exchanges. Specifically it focuses on...

Despite pandemic setback, hotels are gaining strength

by | Aug 30, 2021

Hospitality industry benefits from pent-up travel demand; projections remain encouraging Hotels have been getting some pleasant wake-up calls in recent months: The industry is improving. Certainly, that’s the case in the Tampa and Sarasota markets. The COVID-19...

Return to Office, Census Figures, Sub-Sectors | Economic Update

by | Aug 25, 2021

Return to Office A survey by Morning Consult that tracks employees’ appetite for returning to the office showed that sentiment has fallen in recent weeks, with only 55% of workers saying that they feel comfortable returning to the office. According to the report, the...

Tampa Bay Hospitality Update | Is the Market dead?

by | Aug 17, 2021

Has COVID Destroyed the Tampa Bay Hotel Market? Tampa Bay’s hotels have eclipsed pre-pandemic levels. Historically, RevPAR (Revenue Per Available Room) increases from December through March due to the tourist season and declines thereafter. In 2021, RevPAR has...