Yearly Archives: 2024

Distressed Commercial Real Estate is Attractive to Buyers with Abundant Cash Resources

Regional banks and lenders fret over commercial real estate volatility, while investors eye distressed properties. Preqin data show $544 billion in cash reserves held by global real estate funds managed by private equity firms, up from $457 billion in 2022. Rising debt-service costs pressure office, hotel, and apartment owners, with distress in commercial properties reaching…

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Commercial Lease Tax Cuts to Arrive Early in June 2024

Florida may see an earlier reduction in the state tax on commercial leases, expected in June instead of August 2024. These Commercial Lease Tax Cuts, hastened by the quicker-than-anticipated replenishment of the state's Unemployment Compensation Trust Fund to $4 billion, will lower the lease tax from 4.5% to 2.0%. This reduction, part of a 2021…

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For Sale or Lease

Delray Beach Retail 4-Unit – SOLD

November 11, 2022 / 3:47 pm / No Comments

This 4-Unit Retail Building is a gem located in East Delray Beach off of George Bush Blvd. Perfect opportunity to...
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Downtown Delray Office Bldg – SOLD

March 03, 2022 / 7:29 pm / No Comments

Barry listed this property and it was under contract within days. Beautiful office space located in Downtown Delray Beach Atlantic...
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Yearly Archives: 2024

Distressed Commercial Real Estate is Attractive to Buyers with Abundant Cash Resources

Commercial Lease Tax Cuts to Arrive Early in June 2024

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For Sale or Lease

Delray Beach Retail 4-Unit – SOLD

Downtown Delray Office Bldg – SOLD

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