Fed Intimates Interest Rate Hikes May Come as Early as 2023 by Christopher Sanz, JD, LLM

Posted on July 27, 2021

The Federal Open Market Committee concluded its June meeting, keeping interest rates steady and reiterating its position that current inflationary pressures are transitory. However, in a post-meeting press conference, Federal Reserve Chairman Jerome Powell remarked, “As the reopening continues, shifts in demand can be large and rapid and bottlenecks, hiring […]

Google Expands into Retail by Kevin Sanz, CCIM, MISRE

Posted on July 22, 2021

In another sign that brick-and-mortar is alive and well, Google in June opened its first physical retail store, allowing consumers to touch and interact with the company’s wide range of products and services, including Pixel phones, Nest smart thermostats and Fitbit devices. This is nothing like the temporary, pop-up stores […]

Orion Sells Miami Retail Center for $19 Million by Kevin Sanz, CCIM, MSIRE

Posted on July 06, 2021

Orion Real Estate Group today announced it has sold Coral Park, a 49,134-square-foot strip shopping center in Miami, to a private investor for $19 million. The property, at 9720-9806 SW 8th St., is one mile from Florida International University (FIU) and includes recently extended, long-term, triple-net leases with name-brand tenants […]

Migration Patterns Drive CRE Growth, Investments by Kevin Sanz, CCIM, MISRE

Posted on June 03, 2021

The past year of pandemic life has accelerated residential home sales, especially in warm-weather, secondary markets where buyers can find more room to roam – both indoors and out. As more people get vaccinated and re-enter society, we are seeing the impact of these demographic shifts on commercial property, where […]

What’s Ahead for 1031 Exchanges? by Kevin Sanz, CCIM, MSIRE

Posted on May 18, 2021

The Biden Administration’s recently unveiled tax plans propose to limit the benefits of Section 1031 like-kind exchanges, which real estate investors have used as a powerful tax-planning tool for nearly a century. Under Biden’s plan, the tax-deferral benefits of like-kind exchanges would no longer apply to property sales that result […]

Commercial Real Estate Appraisal Methods by Christopher Sanz, JD, LLM

Posted on May 05, 2021

There are three appraisal methods commonly used to determine the market value of a commercial property involved in a sale or acquisition. While each approach relies on different data and facts, the final valuation may employ a combination of all four appraisal methods. Income Capitalization (Cap) Rates are used to […]