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May 2015 Archives

Commercial real estate investment strategies

Many Florida investors consider commercial real estate to be a sound hedge against the volatility of traditional investment vehicles such as the stock market. In addition to realizing gains by selling office, warehouse or retail space at a profit, investors can develop a stable income stream by collecting rents from these properties. An improving economy has led many observers to predict solid growth for the foreseeable future, but the high down payments often required in commercial real estate transactions may be a formidable barrier to entry.

Brickell office tower sold to REIT for $112 million

Florida investors may be interested to learn of a recent transaction in which an 800-office tower in Miami was sold to a real estate investment trust for nearly $112 million. The building is 15 stories and is located in the high-priced Brickell financial district.

Foreclosure numbers declining

Fewer people in Florida are losing their homes to foreclosure, according to a recent report by CoreLogic. The report looked into the number of completed foreclosures, which indicates the number of people who actually ended up losing their homes as a result of foreclosure proceedings. Although nationwide foreclosure numbers are down, Florida still has more completed foreclosures than any other state.

The benefits of SBA real estate loans

Entrepreneurs in Florida who require funding to purchase, renovate or refinance a piece of commercial property may wish to consider a loan program offered by the U.S. Small Business Administration. Many financial institutions tightened their real estate lending criteria following the 2008 financial crisis, and some business owners now find it difficult to qualify for a conventional mortgage. However, the SBA 7(a) loan program is designed to help small businesses to grow, and it offers a number of advantages for entrepreneurs.