Fort Lauderdale Is The Brooklyn
Of South Florida, Developer Says
Miami is overrated and overpriced, and Fort Lauderdale is the happening place where people want to live. At least according to the developer who is about to transform a significant chunk of Broward County real estate.
“Fort Lauderdale has become to Miami what Brooklyn is to Manhattan,” said Joseph R. Traina Jr., whose Traina Cos. last week won unanimous approval from the city council to move forward with FATcity, a mixed-use project at 300 North Andrews…
Read Full Story
|
|
|
Top stories on Bisnow.com
|
Water Street Tampa: Massive $3B Project Funded By Bill Gates' Cascade Investments
With maxed-out prices pushing people away from New York, Miami and San Francisco, developers are seeing opportunity in smaller cities.
That is true in Tampa, where Strategic Property Partners, owned by Tampa Bay Lightning owner Jeff Vinik, and Microsoft co-founder…
Read Full Story
|
|
|
Supermarket Wars Heat Up In Miami
Amazon has wasted no time trying to dominate the food industry.
Not only did the behemoth buy Whole Foods for $3.7B, it is also charging ahead with its PrimeNow delivery service.
It recently set up a hub in Wynwood, at 101 Northeast 23rd St., from which to deliver frozen items like…
Read Full Story
|
|
|
Three Ways Technology Can Boost Communication On The Job Site
While building materials might stay mostly the same, the construction process has evolved over the last several years, largely due to the introduction of on-site mobile technology.
As schedules and budgets tighten, contractors have had to walk a tightrope between…
Read Full Story
|
|
|
|
|
|
Market Tension: Investors Worry Boomer Demand Not Keeping Pace With Senior Housing Supply
Overbuilding remains a major concern for senior housing owners and lenders. Record levels of new supply outpaced demand in the first three months of the year, and the second quarter did not fare much better.
Those headwinds have not deterred capital from seeking a foothold in the saturated industry, however, JLL reports. Studies show 10,000 boomers turn 65 every day. As the second-largest living generation in the U.S. (more than 74 million Americans) continues to age, demand remains strong and the asset a hot addition for investors' portfolios.
These are the major trends stirring in senior housing coming out of spring 2017, according to research from commercial brokerage JLL.
Read full story here. |
How CA Ventures Went From Strictly Student Housing To A $7B Global Multi-Sector Firm
CA Ventures has been growing explosively in the last four years, expanding beyond its student housing roots to become a $6.7B global real estate conglomerate that employs more than 200 people and is active in student housing, senior housing, multifamily and office.
The firm is one of the most active in the industry, with 30 projects valued at $2B in development.
Click here to read the full story. |
|
|
|
|
