South Florida’s mixed-use developments are evolving from retail-driven centers into modern city plazas, where retail serves a supporting role. According to Nicolas Pinzon, Associate Principal at RSP Architects, this shift reflects a new understanding of how these developments should function in urban life. Pinzon, who joined RSP’s Miami office four months ago and has three ...
Year-round outdoor living gives South Florida a clear advantage in how mixed-use projects are designed, built, and marketed, according to Nicolas Pinzon, Associate Principal at RSP Architects. Pinzon, with 25 years of experience designing projects in Europe and Latin America, says this climate advantage is not just about lifestyle; it directly influences the economics and ...
South Florida’s affordable housing shortage is forcing architects and developers to rethink how they design, finance, and operate new projects. The challenge goes far beyond cutting costs; it requires a complete recalibration of what makes a project viable in a market shaped by new workforce housing requirements and rising development expenses. Nicolas Pinzon, Associate Principal ...
Manhattan residential buyers are making a costly mistake by focusing solely on interest rates, according to Justin Neissani, a licensed real estate salesperson at The Corcoran Group. Although many buyers hesitate to act because mortgage rates are in the six percent range, Neissani argues that this narrow focus overlooks a key market reality: the purchase ...
California’s affordable housing debate is dominated by calls to build more units, faster. Lawmakers announce new construction projects. Advocates push for streamlined approvals. Headlines celebrate ribbon-cuttings for new developments. But behind the scenes, a quieter crisis is unfolding. The challenge is not just building new housing – it’s keeping existing affordable buildings financially stable so ...
A senior real estate executive says the widely reported weakness in the Florida condo market is overstated because overpriced listings distort the data. At the same time, well-priced properties continue to sell at a steady pace. The Statistical Distortion Florida’s condominium market has attracted negative headlines for over a year: prices are falling, listings linger ...
Private lenders with in-house construction management teams are taking market share from regional banks by processing construction draws up to 10 times faster, according to David Hada, CFO of Ascent Developer Solutions. As regional banks pull back lending and face operational bottlenecks, private lenders like Ascent are using real-time project oversight and embedded expertise to ...
The residential development industry faces a fundamental mismatch between how it finances projects and how high-performance construction creates value, according to Cary DeCamp, Managing Director of Kala Performance Homes. This disconnect explains why passive house and similar building standards remain niche, even though they offer long-term economic benefits. DeCamp says that the main obstacle is ...
Most homebuyers never realize that the new house they purchased is likely built to low-quality standards, according to Cary DeCamp, Managing Director of Kala Performance Homes. He says the gap between what buyers expect and what they actually receive is both common and costly. “They have no idea how thin the walls are. They have ...
Developers are actively acquiring single-story warehouses south of the Queensborough Bridge and plan to replace them with five- to seven-story residential buildings. This strategy is creating a new arbitrage opportunity in Queens as rezoning unlocks higher-value residential development on former industrial sites. A growing group of investors is targeting industrial properties in Queens for residential ...
Sophisticated buyers who once treated contamination as a manageable cost are now walking away from industrial properties with environmental issues, sharply narrowing what qualifies as investable in Northern Brooklyn. Environmental due diligence has shifted from a routine step to a decisive filter for Brooklyn’s industrial investors. Eitan Hakami, a licensed associate broker at Greiner-Maltz Real ...
Conservative lending practices are creating a financing gap in Brooklyn and Queens industrial real estate, pushing more transactions toward seller financing and all-cash deals as buyers struggle to secure traditional loans. Eitan Hakami, a licensed associate broker at Greiner-Maltz Real Estate specializing in Brooklyn-Queens industrial properties, reports that a consistent pattern of low bank appraisals ...
Foreign cash buyers and Manhattan relocators are driving robust price growth in downtown Jersey City’s luxury condo market, setting it apart from the broader region, according to Sandy Cuevas, a realtor with Weichert Realtors who works across multiple Jersey City neighborhoods. While much of the local market is slowing and inventory is building, downtown’s $900,000–$1 ...
Many Atlanta homebuyers are making a costly mistake by holding out for mortgage rates to return to pandemic-era lows, according to Adrian Provost, CEO and Principal Broker at Realty ONE Group Terminus. Provost says the hope that 3% mortgages will return is unrealistic and could leave buyers facing higher prices in the future. “A lot ...
After years of soaring construction expenses, Kansas City developers are finally seeing some relief. Labor costs are easing as contractors, faced with fewer projects over the past year, are more willing to negotiate. However, material prices remain unpredictable, and tariffs could quickly erase any savings, making the current window for affordable building both narrow and ...
