Orlando Led the Nation in June Commercial Loan Maturities

Almost $165 billion in loans are due for renewal according to First American CoreLogic (source Bloomberg).  Orlando led the way in June with $96.9 million in loan maturities, followed by Memphis with $96.2 million.  It is widely predicted that maturing loans from now until 2012 will cause a significant amount of upheaval in the commercial […]

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In the End, GVA Advantis Closes Tampa Office

It was reported several days ago that GVA Advantis would close its Real Estate Services Company, but the Tampa Office would remain open, providing a hub for the construction and development arms.  That decision has now been reversed, as the Tampa Bay Business Journal reported on Friday, and the Tampa office has, in fact, been […]

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Office Job Loss Weigh Heavy on Tampa Office Market

Source:  Tampa Bay Business Journal Its not surprising that we see data indicating that the Tampa Office market continues to be subject to downward pressure.  Anecdotally, however, our firm has most definitely seen an uptick in activity.  We will not see a return to 2005 activity any time soon, but our recent increased volume of […]

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Commercial Real Estate to Implode?

One thing I have learned in over 20 years of banking and investing experience, when the consensus thinks a business cycle will happen in predictable scripted fashion, rarely does the event follow the script.  Monday morning quarterbacks and talking heads will pop up  after the fact and declare the actual result was the only logical […]

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Tampa’s Unemployment Rises Again

The June 2009 unemplyment for Tampa rose to 11.1 percent from 10.6%, the highest rate since 1975. Contact us at 813.514.1070 for more information on Sales and Leasing Commercial Property in Greater Tampa Area

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Tampa Area Foreclosures Continue to Climb

While RealtTrac recently reported that residential home foreclosures climbed again for the month of June 2009, all the news is not bad.  The rate of foreclosures decreased dramatically.  The Tampa area no longer leads the nation in foreclosures.  In fact, we are now below the national average. Statistics from the Greater Tampa Association of Realtor […]

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Trump Tower Tampa – Fiasco Leads to Foreclosure

The rumor on the street is the foreclosure on the Trump Tower in downtown Tampa was completed yesterday on the court house steps.  The timing of the event is not as important as the fact that Colonial Bank had already received judgement against Simdag, LLC last month.  The bank taking ownership was just a matter […]

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GVA Advantis’ Tampa Office

Costar is reporting that GVA Advantis will not shutter its Tampa office.  The company announced yesterday that it will cease brokerage operations. Source:  Costar Contact us at 813.514.1070 for more information on Sales and Leasing Commercial Property in Greater Tampa Area

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GVA Advantis Discontinues Brokerage Services

Source: Tampa Bay Business Journal GVA Advantis is Tampa Bay’s 9th largest real estate broker.  It is not surprising to see firms throwing up their hands and walking away from the brokerage business in the current environment.  This is undoubtedly the worst downturn of this generation and the firms in the middle feel the squeeze. […]

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Tampa Continues Slow Growth; St Pete Shrinks

A report came out recently with data from the US Census Bureau that shows that Tampa’s population continued a path of slow but steady growth, adding 5,400 people over the past year to climb to 340,882 total residents.  The growth or pace of the growth is not particularly surprising.  What continues to surprise, however, is […]

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