Florida of Tomorrow’s Post

DEVELOPMENT SITE SALE, BARDON (Future medium density development on 1,127sqm site). $1.4 million sale at 36 MacGregor Tce, Bardon - inner north west Brisbane. Given the inner city location and vibrant local amenity, this buyer could see past the construction challenges of this site  and intends to build high end residential dwellings. The Ray White network once again combined here to maximise buyer interest with a joint sales campaign by the Development Site Specialists Ray White Special Projects (QLD) and the local experts Ray White Paddington QLD (it's actually the second time we have sold this site). As per previous posts, developers are still impacted by the massive construction cost escalation but we are seeing an increase in future medium density projects. Andrew Burke | 0417 606 128 andrew.burke@raywhite.com Max Hadgelias | 0411 276 372  max.hadgelas@raywhite.com

Denver Industrial Market Update: Jan 26th, 2024 🚨 This last week: 9 new listings, 5 closed deals 🚨 One of the closed deals that took place last week was a 17 property portfolio in the Montbello / East I-70 corridor. A desirable and growing market for big box industrial properties. The portfolio consisted of roughly 856,013 in total SF at a price point of $85.5 million. The portfolio was acquired at a 96% occupancy, in line with its 15 year average. Positioned in close proximity to major highways, rail, and Denver International Airport. This is a very attractive submarket for out of state capital firms, given the more municipality flexibility (outside of central Denver), less congested land, and convenient acccess to major transits. East I-70 corridor is seeing major new construction, both speculative and preleased, showing signs of an emerging market. More outside capital will be deployed into this submarket as it finds its way to one of the top industrial submarkets throughout Denver. (Photo from Cushman & Wakefield)

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🏡 **Exciting News for Realtors!** 🏡 I'm thrilled to announce a game-changing solution for real estate transactions brought to you by Serene Construction! In partnership with realtors like you, Serene Construction is offering a unique service: replacing roofs during the real estate process, with payment settled at the closing table. This innovative approach not only ensures a smoother transaction but also benefits both buyers and sellers alike. By addressing roof issues upfront and deferring payment until closing, we alleviate financial strains for those short on funds, eliminating potential barriers that could derail an otherwise successful transaction. Say goodbye to troubled deals caused by problematic roofs! Together, let's elevate the real estate experience and ensure seamless transactions for all parties involved. Reach out to learn more about how Serene Construction can support your clients and optimize your real estate deals. Stephanie Cruz Operations Manager Serene Construction

Knight Frank are delighted to bring this outstanding large-scale residential development opportunity to the market with planning permission for 882 new homes, on behalf of Kroll Advisory. Salient details are below; - Opportunity for sale extends to approximately 17.21 acres (6.96 hectares). - Site benefits from outline planning permission for 882 residential homes (768 private homes and 114 as affordable homes) alongside 26,200 sq ft of commercial space - Distinct phasing of site allows for the potential to revise the proposed massing and density, providing a more market-facing scheme to enhance revenues - Phase 1 provides for 425 all private units (detailed application submitted) - Phase 2 provides for 457 units (343 private and 114 affordable) - Phase 1 allows for either BTS or BTR development in close proximity (500m) from Cheshunt Rail Station (25 mins journey time to London Liverpool Street) - Phase 2 ideal for revised massing to allow for different unit types such as traditional housing (for BTS or single family BTR)

In 2022 and 2023, more than 8,000 apartment units were built across St. Louis, a record during a two-year span. This new supply raised the market's vacancy rate to almost 11% at the start of 2024. Fortunately, those supply-side pressures will start easing in the years ahead as construction starts have declined from record levels with high borrowing costs putting a damper on new development. CoStar subscribers can read more in the article below. #CoStar #STLCRE #STLapartments

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Just Listed | 9 Units in Fort Myers, FL | 18% EGI Upside by Year Two Price: $ 1,200,000   ·      9-unit multifamily property in Fort Myers, FL ·      1985-built concrete block structure ·      Roof replaced in 2023 ·      Option to build two additional units on the access land For more information on this listing, including the offering memorandum and financials, please use the link below. https://lnkd.in/esCv3Ane #justlisted #multifamilyinvestments #FortMyersFL #realestatefortmyers

As we all know by now the value of Commercial Real Estate has gone way down

🏡🚧 Navigate San Antonio's New Construction Market with Krista Klause 🚧🏡 In San Antonio's tight housing market, newly built homes offer a refreshing option, making up a larger share of available homes. With Krista Klause as your realtor, explore new construction opportunities with confidence. 👷♂️🔑 Krista’s expertise is invaluable, from understanding local market dynamics to ensuring you're well-represented when dealing with builders. She provides insights on: Local Area Knowledge: Ensuring no future surprises affect your new home. Builder Reputation: Guiding you towards reputable builders for quality construction. Customization Advice: Helping you choose upgrades that enhance long-term value. Contract Negotiations: Ensuring your interests are protected in builder contracts. 📝💡 Bottom Line: For those considering new construction in San Antonio, Krista Klause is your key to a smooth homebuying experience. Ready to explore new homes? Contact Krista Klause today. #NewConstruction #SanAntonioRealEstate #KristaKlause 🏡🔧🔑