Last week Andrew and I presented the 2010 Miami-Dade County Industrial Market Study to over 240 members of the Commercial Industrial Association of South Florida. This is 15th year we have reported on the industrial market conditions in South Florida. The Market Trends Section reported a growth in industrial space for the year of 2008 […]
As the Great Recession of 2008-2009 continues, its effects are felt in the commercial real estate market and submarkets of South Florida in the form of increased vacancies, lower rents, reduced income and cash flow to landlords and owners of investment properties. If landlords, owners and their leasing agents are not agile enough or willing […]
If you live in Florida and own property, you will receive a TRIM (Truth in Millage) notice in the next 4 to 6 weeks. This notice will give you an estimate of the real estate taxes that the property must pay, based on the assessment and millage rate. The assessment is established each year by […]
Last Friday, I attended with 130 other professionals the presentation of the Official 2009 Annual Miami Office Market Report by the Commercial Industrial Association of South Florida, (CIASF). Data for the report was based on information from Black’s Office Guide. The report was prepared and presented by my two able office mates, Tom and Andrew […]
THE UNDERWEAR FACTOR Now that the summer rains have started in South Florida it reminds me that there are cycles to the weather, life, financial markets and it seems everything around us. Three months ago we were commenting about the cool weather and when would it be warm enough to go swimming. Now the water […]
As an active real estate broker in South Florida the changes I have seen in the market for real estate are both upsetting and beneficial. The upsetting part began in 2005 and 2006 when money was so plentiful that almost any borrower could qualify for a loan. These borrowers realized that if they could purchase […]
Last week Andrew and I presented the 2009 Miami-Dade County Industrial Market Study to over 240 members of the Commercial Industrial Association of South Florida. This is 14th year we have reported on the industrial market conditions in South Florida. The Market Trends Section reported a growth in industrial space for the year of 2007 […]
Gary Sisler’s —-Holiday Thoughts Most of us have experienced seeing real estate recessions and bounce backs…but, this one seems more serious, perplexing and sobering. We would like to think that the savvy pundits would be more evident in hoisting warning flags. It seems to say that we are ill served by the press which has […]
For the past several years we have been living on a borrowed dream. When we wanted something we would just “put it on the card.” Then if at the end of the month if we did not have the money we just paid as much as we could and let the balance accumulate at 20% […]
What a strange title for a newsletter? Why would one think his phone is broken? It is not ringing, sometimes not at all, other times very seldom. Why do you think this is occurring during the dog days of August 2008? There are several reasons for this state of affairs and we will discuss them […]