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Grocery-Anchored Retail Center Flips for Nearly $18M – Connect CRE
A private equity fund sponsored by Forge Capital Partners and the Sembler Co. has acquired Palm Plaza, a grocery-anchored center in Leesburg. The Leesburg 133,419-square-foot Publix-anchored shopping center had a sales price of $17.8 million. A joint venture between...
Mercedes-Benz/JDS Joining Forces on Brickell Highrise – Connect CRE
Mercedes-Benz is branching out from just making luxury cars. The company is placing its name on a luxury apartment complex in Miami, its first in the United States. JDS Group is joining forces with Mercedes-Benz on a 67-story mixed-use residential project in Miami. At...
Your home sale may leave you in a tax shock. Here’s how to reduce your capital gains tax bill
Witthaya Prasongsin | Moment | Getty ImagesDespite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say.In 2023, home sellers made a...
Real Estate is a great investment area ‘if you have cash’, Mercer’s Olaolu Aganga
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailClosing Bell: OvertimeOlaolu Aganga, Mercer, joins 'Closing Bell Overtime' to talk investing opportunities in the current market.04:452 hours ago Source...
SRSA Adds Baton Rouge Office – Connect CRE
SRSA Commercial Real Estate and Property Management has opened its office in Baton Rouge. For over 30 years, SRSA has been active in Gulf South real estate and property management. Jeanne Bourgeois Avant will head the Baton Rouge office, located in Esplanade Shopping...
‘If your parents are homeowners, you’re more likely to be a homeowner,’ housing expert says. Here’s why
Maskot | Digitalvision | Getty ImagesSeveral factors may affect your path toward homeownership — one may be your parents."If your parents are homeowners, you're more likely to be a homeowner," said Susan M. Wachter, a professor of real estate and finance at The...
Naples Great Wolf Lodge Opening This Summer – Connect CRE
The $250 million Great Wolf Lodge says it will be ready for customers this September. The Tampa Business Journal reports the resort is expected to bring more than 600 jobs to the area with 500 themed suites, a 92,000-square-foot indoor water park and 62,000 square...
Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles
A construction site with new apartments in newly built apartment buildings.Patrick Pleul | Picture Alliance | Getty ImagesGermany's housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders...
Avatar Financial Provides $5M Bridge Loan for Florida Club – Connect CRE
Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, provided a $4.8 million bridge loan for The Club at Treasure Island in Florida. The borrower, the single-asset entity of TIY & TC, LLC, used the funds to...
