Commercial Real Estate Insights

New Main Plaza owner plots 10-story residential buildings

In addition to 418 dwelling units, the plans for a portion of the downtown property call for 50,700 square feet of commercial space on the ground floor.   A Connecticut-based company has filed plans with the city to build two 10-story residential buildings on the...

Q3 2019 | Market Update

Q3 2019 | Market Update

The Southwest Florida commercial real estate market continues to set records as both local and out-of-state businesses and investors continue to see long term value in the sunshine state.  Many new, major developments underway in Sarasota, Bradenton, St. Pete and...

CoStar Economy: Trade Deals Bring Relief, for Now

Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” - New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global growth...

How Long Can Multifamily Financing Remain Viable?

Since commercial and multifamily lending activity hit an all-time high in 2017, the sector has upheld strong performance and consistent growth. The Mortgage Banker Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations recently reported...

DeMarcay Luxury Condos Set Groundbreaking Date

The DeMarcay project will mark the beginning of the process for preserving the two historic façades and selected interior materials from the former hotel and cigar factory situated on the current site. A rendering of the new DeMarcay condo. IMAGE: COURTESY PHOTO The...