Kearney Construction Files Chapter 11

Kearney Construction, one of the oldest, largest and most respected developers in the State of Florida, filed Chapter 11 bankruptcy today.  We never intended to make this blog a corporate obituary site, but, unfortunately, we have had to give a fair share of our Internet real estate to discuss these issues of late.  In just […]

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Building Green: What Is LEED and Why Is it Important to Know? (Video)

Host: Eric Odum, Net Lease Commercial Advisory Guest: Architect, Michael Carlson, Michael R. Carlson, AIA, NCARB, LEED AP Eric Odum: I am Eric Odum from Net Lease Commercial Advisory. Today we have with us is Michael Carlson of Carlson Studio Architecture. Thank you so much for joining us today, Michael. Michael Carlson: Thank you, Eric. […]

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Should Your Business Consider a Sale-Leaseback?

Discussion on the pros and cons of sale-leasebacks through Goldmail.

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Heidt & Associates Closes Doors in Tampa

Comments: Arguably, the most recognizable civil engineering name in the Tampa Bay area shut it doors last week.  This is not shocking news to anyone in the business, as the area is muddling through the worst development slowdown (freeze?) in memory.  It will take years before any significant amount of deal flow returns to the […]

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TALF Update: Fed gets $2.3 billion in Commercial Loan Requests

By Jody Shenn on Bloomberg.com Aug. 20 (Bloomberg) — Investors asked the Federal Reserve for $2.3 billion of loans against commercial-mortgage-backed securities created before this year, an expansion from $668.9 million in its financing program’s first round a month earlier. Comment:  David Repka is a Principal with Bison Financial Group in St Petersburg, Florida.  He […]

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Florida Population Shrinks

For the first time since World War II, more people are leaving Florida than moving into the Sunshine State, but that exodus may not last long.  Audio clip from renowned University of Florida economist, David Denslow. http://www.flickr.com/photos/rudiriet/ / CC BY-SA 2.0 Contact us at 813.514.1070 for more information on Sales and Leasing Commercial Property in […]

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Florida Ponders Its Direction

Source: NY Times – Florida Ponders Direction of Development Gov. Charlie Crist acknowledged the problem in an interview: “Imagine a state where the dominant part of the economy is automobiles as it is in Michigan. That puts them in a difficult spot, just as real estate does for Florida.” Commentary: Florida has serious fundamental issues […]

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Florida Existing Home Sales Rise for Q2 2009

Source:  Florida Association of Realtors “ORLANDO, Fla. – Aug. 12, 2009 – Sales of existing single-family homes in Florida rose 23 percent in second quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 43,125 existing homes sold statewide […]

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Is Potential Commercial Real Estate Collapse Overstated?

This is an interesting piece on the equity markets from today.  Tony Dwyer of FTN Equity Capital and Lee Munson of Portfolio Asset Management finished their interview talking about the commercial real estate market.  Granted, they were discussing the equity market surrounding REIT’s, which usually leads market fundamentals.  Regardless, the two made points about the […]

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Is Commercial Real Estate’s Collapse Inevitable? A Counter Viewpoint..

Source: Richmond Times Dispatch Exerpts from the above referenced article: “….But commercial real estate can’t seem to shake its perception as “the next shoe to drop.” If value write-downs by the country’s two largest pension funds are any indication, the other shoe has already dropped. California Public Employees’ Retirement System (CalPERS) wrote its real estate […]

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