3 Reasons Why Property Managers Love Short Term Office Rentals

If you’ve ever had to look for office space, you know it can be sometimes prove to be a hassle. In Tampa Bay, we’re seeing a tightening of the office market, with low vacancy and little incoming development. Even after you’ve found the right office to lease there may be some kind of waiting period – […]

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What ‘Brexit’ Means for Tampa Real Estate

Britain’s unprecedented decision to leave the European Union this past month left everyone on both sides of the Atlantic scrambling. U.K. legislatures are still trying to mete out assurances to foreign and domestic financial institutions on the continued stability of the British market, but as the Pound continues to drop, questions are still being asked. […]

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Questions About the 3.8% Tax on Real Estate Sales

We intend to interview a Tax and Estate Planning attorney within the next week about the coming changes with the tax on the sale of property, as written in to the Affordable Healthcare Act.  The recording of this interview will be posted on our blog and social media sites.  I will happily ask any questions you may […]

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Commercial Real Estate Recovery Slows

While underlying fundamentals remain positive and continue to support all commercial real estate sectors, ongoing tight loan availability and a slowdown in job creation has softened growth in some areas, says the NAR quarterly commercial real estate forecast. Exports and jobs NAR Chief Economist Lawrence Yun finds mixed results among the commercial sectors.  “Job creation in the second […]

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Tampa: America’s Hottest Mess

Unfortunately,  not all of the commentary about Tampa, regarding the Republican National Convention will be favorable: The GOP convention’s host city is a disaster, and a perfect reflection of where Tea Party politics will lead cities. Poke around the White House website and you can still find the hopeful “fact sheet” for a 324-mile high-speed rail […]

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Building Permits In U.S. Increase To 4yr High: Economy

American builders took out more residential construction permits in July than at any time in the past four years, a sign the market will continue to improve. Applications, a proxy for future work, rose to an 812,000 annual rate, exceeding the highest estimate of economists surveyed by Bloomberg and the most since August 2008, Commerce […]

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A 3.8% sales tax on real estate in the health care law?

The Affordable Health Care Act is widely criticize piece of legislation.  It is a flash point in the upcoming election.  Whether it is just misunderstood and poorly explained or just another bad piece of Washington legislation is yet to be determined.  What is undeniable is there is a staggering amount of misinformation that is being floated […]

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2012 1st Quarter Sales of Interest – Hillsborough County

Address 8206 Citrus Park Dr Property Type FedEx & Verizon – Store Building Sales Date 01/31/2012 Sales Amount $3,500,000 Amount/Sq Ft $531.67 (price includes .29 acres of adjacent parking) Prior Sale Amount $1,750,000 Prior Sales Date 05/11/2007 Exterior Wall Brick Address 15412 N. Dale Mabry Hwy Property Type Sonny’s BBQ – Restaurant Building Sales Date […]

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USA Visa Opportunities for Foreign Nationals: Restaurants

Attendees: Eric Odum with Fernando Perez III, ESQ Date: December 16, 2011 Subject: The Market Minute EO: Good Afternoon! Welcome to Tampa’s Market Minute. I’m Eric Odum, principal Commercial Real Estate Broker for Net Lease Commercial Advisory, in Tampa, Florida, and today we have with us Fernando Perez. Fernando was actually with us two years […]

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Proposed Bill on Visas and Real Estate Would Be Boon to Florida and Tampa Bay Region

The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S. The provision is part of a larger package of immigration measures, co-authored by Sens. Charles […]

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