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With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. The real estate sector in the S & P 500 ended 2023 with a gain of more than 8%, sharply underperforming the broad...
Berkadia oversaw the sale and financing of San Marco 1, a 156-unit vintage, garden-style apartment in Deerfield Beach, Florida. A Berkadia South Florida team led by Yoav Yuhjtman secured the $24.6 million sale on behalf of the seller, Prashkovsky USA, a leading...
Pebb Capital has secured a $173 million construction loan for Sundy Village, a mixed-use development in Downtown Delray Beach. Pebb Capital started work on the $240 million project in 2023 and expects delivery in summer 2024. The loan came from Monroe Capital...
Franklin Street Properties Corp. sold the 212,182-square-foot office building at 5505 Blue Lagoon Drive to national homebuilder Lennar for $65 million. The price on the company’s national headquarters equated to $320 per square foot. The S. Florida Business...
Westdale Properties, King Street Capital Management and Cedar Capital Partners are combining to give Shelbourne South Beach an $85 million facelift. The 14-story hotel was built in 1940. The 251-room oceanfront property sits in Miami Beach’s Art Deco Historic...
Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors.The reading, which is based on signed contracts during the month, is a forward-looking indicator of closed...
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMarcos Chan, head of research at CBRE Hong Kong, says demand for residential property will nevertheless pick up, and a "couple of percentage points up" in prices...
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailNick Bailey, Re/Max CEO, joins 'Closing Bell Overtime' to talk housing prices, the state of the real estate market, what's ahead for 2024 and more.03:50Wed, Dec 27...
Jay McCanless, Wedbush housing analyst, joins 'Power Lunch' to discuss the housing sector. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMoney MoversSkylar Olsen, Zillow chief economist, joins 'Money Movers' to discuss her outlook for housing in 2024 and more.04:35Wed, Dec 27 202311:24 AM EST ...
