For commercial real estate investors seeking acquisition or disposition opportunities in a booming area, Orlando, Fla., currently tops the list. One year ago, Forbes magazine named the city best known for family entertainment as the second fastest-growing metropolitan area in America, based on population growth, employment, wages, economic output and use-home price growth. In the past year alone, the Orlando Convention Center earned the title of number one in the country, while the city’s airport has grown to be one of the nation’s busiest. Looking ahead, the city currently has nearly $5 billion in development planned in the next three to five years.
As cranes continue to dot the skyline across Central Florida, real estate investors will find many opportunities to enter the market. At the same time, existing property owners can capitalize on this growth by selling their properties at a time when they can command higher prices and/or redevelop and repurpose those properties for new use. Yet, determining whether a property investment or sale in a hot market such as Orlando makes sound financial sense, requires the knowledge of real estate professionals who are on the ground and have the skills and experience to develop strategies that maximize those opportunities and do what it takes to get a deal done.
The team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.