Gideon Gratsiani and CRE-Pro, LLC believe the residential real estate market is due for a minor pullback and a return to more normal market pricing. Contrast this with the growth potential we still see within the commercial real estate market…..
November 11, 2021
On a national and global level, Florida has historically been one of the strongest commercial real estate markets, with continually yielding solid returns while simultaneously providing safety of invested capital for real estate investors. Within the state, South Florida commercial real estate leads the way, which is being supported by strong population growth, tax-friendly laws, strong tourism to the region, and innovative development projects in the major cities and surrounding areas. Gideon Gratsiani and CRE-Pro, LLC has plenty of experience in the state of Florida, and in particular the South Florida region, due to owning everything from single-family homes to large office buildings in the region.
It’s not just the population growth that makes South Florida an active and enticing real estate market, but also the high volume of attractive real estate properties, the natural barriers to entry, the new business formation and relocations from out of state, and the fact that it’s a travel destination for national and international travelers. With direct transportation access by land, air, and sea, it’s also a central hub for international business, especially from South America. Also, Florida stands as one of the few states with limited public restrictions regarding requirements for Covid-19 health regulations that businesses must comply with.
Florida’s commercial real estate market receives continual, major investments from global players in China, Canada, Germany, Singapore, Saudi Arabia, and Qatar. This substantial influx of capital coinciding with the current economic conditions provides a solid foundation for why South Florida commercial properties remain a popular place for commercial real estate investment. We expect these trends to continue into the foreseeable future.
Cities like Miami and other major population centers across the country are ripe with opportunities for long-term investments. With many workers going back to the office, storefront, and warehouses to work, the need for commercial real estate has increased to accommodate the returning workforce. This new-found demand is a set up for lucrative re-leasing and selling opportunities to small businesses and to larger corporations that took 2020 and 2021 to expand their operations and employee base.
Gideon Gratsiani and CRE-Pro, LLC believe the residential real estate market is due for a minor pullback and a return to more normal market pricing. Contrast this with the growth potential we still see within the commercial real estate market, and you can understand why we are not currently investing in the single-family market. Given the outsized year-over-year gains in residential home …….