Current News & Events
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Report: Calgary Leads Canada with Greatest Property Tax Hike
The report observed that the largest municipality in every province west of Atlantic Canada recorded property tax hikes between the last two national censuses. Continue Reading Report: Calgary Leads Canada with Greatest Property Tax Hike
Tenants Find Few Bargains in Competitive Real Estate Market
Source: Franchise Times --- Operators expecting a tenant’s market to emerge in the aftermath of the pandemic that would give them a stronger bargaining positioning when it comes to lease renewals and new lease negotiations have had a rude awakening. “We were thinking...
Could Homeownership Derail the Rental Market In Secondary Cities?
Source: Globe Street --- During the pandemic, people fled the urban core for secondary metros across the country. The great relocation, as some have called it, wasn’t necessarily a new trend; people had been slowly leaving big cities in favor of affordability in...
Dogecoin ($DOGE) Can Now Be Used for Buying Ownership Shares in Second Homes
Source: Crypto Globe --- Recently, San Francisco-based startup Pacaso announced that it is now possible to pay with crypto — including Dogecoin ($DOGE) — for shares in single-family homes in some of the top second home destinations in the U.S. As...
Why America’s real estate industry is so racist
Source: Fast Company --- As the 50th anniversary of the Fair Housing Act came and went in the spring of 2018, there were few celebrations marking the event. Instead, it was a moment of reflection and realization of the ways that racial discrimination in the housing...
Commercial Real-Estate Sales and Values Surge to Records
Source: The Wall Street Journal --- Investors purchased a record amount of commercial real estate in the third quarter, defying warnings that the Covid-19 pandemic would erode these property values and starve the industry of cash. Instead, purchases of apartment...
A changing housing market provides some opportunity for buyers this fall
Source: Fox 21 News --- It may not be “cool” quite yet, but the scorching housing market we saw in the summer of 2021, looks to be settling down this fall. Homes are sitting on the market longer than at any point since March, at about 12 days, according to the Pikes...
Sarasota-Manatee real estate prices keep climbing, supplies keep falling
Source: Your Observer --- As summer drew to a close in September, the availability of homes and condominiums for sale in Sarasota and Manatee counties continued its downward slide, taking a bite out of closed sales but driving up median prices. Combined between the...
Reports: Permanent remote work will have lasting impact on U.S. cities
Source: Twin Cities Pioneer Press --- The economy is bouncing back beyond expectations, but housing affordability is quickly worsening as rents and home prices rise, sending more homebuyers looking to the Sun Belt. Most workers will average three to four days per week...
Kelowna remains iconic real estate hotspot
Source: Kelowna Capital News --- A summer like no other may be a common refrain to describe the unprecedented sales rush in the Central Okanagan real estate market this year. The good times are likely to continue well into the future for the real estate development...
Commercial real estate leaders push for more diversity
Source: The OCR --- Every year, about this time, the commercial real estate industry congregates for conference season. It’s a time to gather, learn and network. When the pandemic struck in 2020, we found ourselves doing this virtually. I’ve embraced virtual meetings...
