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Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes

Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes

by Phil Hall | Feb 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida legislature is now considering a bill that seeks to begin the process that could result in the elimination of the state’s property taxes. Fort Myers Beach Talk reports State Sen. Jonathan Martin (R-Fort Myers) has introduced a bill that would require the...
CAPREIT Expands into Student Housing Sector with Florida Acquisition

CAPREIT Expands into Student Housing Sector with Florida Acquisition

by Phil Hall | Feb 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CAPREIT (OTCMKTS: CDPYF) (TSX: CAR.UN), a Toronto-headquartered real estate investment trust focused on multifamily assets, has ventured into the student housing sector with its acquisition of Coastal Village, a 200-home, 800-bed student housing community in south...
The Most Expensive US Home Listing Is…

The Most Expensive US Home Listing Is…

by Phil Hall | Feb 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wealthy homebuyers in search of ultra-luxury property should focus on the coastal Florida and Southern California markets, according to a new data report from Redfin (NASDAQ: RDFN). The regional dominance of Florida and California in the ultra-luxury sector might be...
Florida Gov. DeSantis Voices Support for Eliminating Property Taxes

Florida Gov. DeSantis Voices Support for Eliminating Property Taxes

by Phil Hall | Feb 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Gov. Ron DeSantis gave his support for the elimination of state property taxes, recommending that the idea be put before voters. DeSantis made his position known through a response to an X user who stated, “Property taxes should not be charged based on assumed...
Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida

Thompson Thrift to Develop New 312-Unit Multifamily Community in Florida

by Phil Hall | Feb 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate developer Thompson Thrift announced that it will develop Velara, a 312-unit Class A multifamily community in the Nocatee master planned community in Ponte Vedra, Florida. Velara will be based on a 12.5-acre site and will encompass three-story buildings...
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