The Trend of Single Dwellers and How It’s Changing Commercial Housing
While the tendency to live alone is no new concept, more people than ever are opting to live solo. Cue the term single dwellers, which describes a household of only one person. Single dwellers are on the rise, especially in cities. This reflects shifting values,...
With Rising Demand From Boomers, Senior Housing Developers Shift To More Urban Projects
Gone are the days of sleepy, gated retirement communities in secluded, suburban settings. Millions of baby boomers reaching retirement age today are demanding a more urban style of living, and developers are beginning to respond. "One of the things we're seeing with...
Mic drop: Mayor goes out on a high-rise note
Ho-hum, another groundbreaking for an opulent high-rise project in Tampa. Developers are set to turn the dirt in mid-March for The Sanctuary at Alexandra Place, a $40 million, 17-story condo tower planned for 2619 Bayshore Blvd. that will offer 15 luxury residences....
Pair of Tampa-area apartments sell for $230 million
Buyers cite growing markets, new construction as reasons for mega purchases A pair of apartment developments in suburban Tampa and downtown St. Petersburg — one old and the other newly completed — have traded for a combined $230.6 million, a sign that out-of-town...
Retail in South Florida: Experiential All The Way
Owners of shopping centers have a choice: They can lease space to whomever shows up with a check in hand, putting a dollar store here and a fancy salon there. Or, they can think like Edens Vice President of Investments Nicole Shiman, who orchestrates an entire plaza...
A Complete Checklist and Outline for Moving to a New Office
Office moves always start out with excitement. The thrill of a larger space, upgraded amenities, or a better location are exactly why companies expand to a new location. But after your search, endless tours, negotiations over lease agreements, and finally signing the...
Package deal: Long-vacant former post office given new lease on life
Commercial investors passed on it for more than a decade. Now a local government will give it a go. It took eight months of wrangling with the U.S. Postal Service bureaucracy and working with a local historical society to piece together a muddled title. But in...
Four areas of City named ‘Opportunity Zones’ for investment
Sarasota, FL: Four economically distressed areas of the City could soon see long-term investment and job creation after being designated as “Qualified Opportunity Zones” under the federal Tax Cuts and Jobs Act of 2017. The program helps to revitalize low-income...
Market Spotlight: Sarasota.Manatee Retail Market
Steady activity and limited development has whittled away at vacancy rate and pushed rents up Despite the tumult the retail industry has experienced during the length of the current economic growth cycle, with store closings and bankruptcies and disruptions...
Caddis Secures $35.7 Million Construction Loan for Tampa-Area Senior Housing Project
Capital One Provides Financing for 182-Unit Heartis Venice Caddis, a healthcare real estate investment, development and management firm, secured $35.7 million construction loan with Capital One to help fund its Tampa-area senior housing project, dubbed Heartis Venice....