Florida Commercial Real Estate Market Report

7/29/2019 Florida Commercial Real Estate Market Report

1/6

Seven MistakesTo Avoid When You SellA Commercial Property

Justmaking ONE of thesemistakescouldcostyouTensofThousandsofDollars...

E v e n t h o u g h i n v e s t i n g i n

commercial property is becomingmore and more popular, selling acommercial property correctly islike>indinganhonestpolitician.

Plus, when you put a property onthemarketatthetimeyou ThinkmaybeTheRightTimeyourestillsubject to the little SURPRISESthat can reach out & cost youthousands of dollars. Here is theshort version of the seven mostcommonmistakessellersmake:

ForFREEdetailedinformationontheSevenCostlyMistakesSellers

MakeCall1-800-261-0454ID#7020

Commercial Real EstateInvestment Outlook

The SW FloridaReal Estate MarketEXPLODES intoaction in 2013 withsome veryimpressive numbers.The latest results fromthe NREI InvestorSentiment Survey

show that investorconfidence is not onlysurging forward, butinvestors also arepreparing toaccelerate theircommercial real estatebuying in the comingmonths.

After taking a slight step back insecond quarter, the InvestmentSentiment Index moved five pointshigher to 171 in third quarter. That is

a significant milestone as it marks thehighest level the index has achievedsince the survey first began in 2004.The Investment Sentiment Indexmeasures investor views on keyfundamentals such as improvingoccupancies, rising property valuesand plans to increase commercial realestate holdings. The index andbroader survey results reinforceviews that investors are gainingconfidence in both the economic and

commercial real estate recovery.

Unless you have been living under a rock, youcannot help but notice a HUGE increase intraffic, and an increase in businesseverywhere. Even if you dont actively followthe real estate statistics, you cant help butnotice the busy roads, congested traffic andlong lines in grocery stores and restaurants.

SW Florida Is Busy!

More on Page 3

2012 by Paul Forsberg CCIM Candidate All rights reserved ! ! ! ! ! ! ! Page 1

PaulForsbergpresents

SW Florida CommercialReal Estate

Market NewsletterThis Publication Presented by Paul Forsberg, Income Property Specialist and Broker for HG Real Estate Services.

Welcome to the First edition of South West Floridas One andOnly Commercial Real Estate Market Watch Newsletter. Getting Open,Honest and Timely Information about the local Commercial Real Estate market can be achallenge. The purpose of this newsletter is to provide you with a quarterly update of theSouth West Florida Commercial Real Estate Market. If you would like to see anythingadded to it, or have suggestions, please give me a call. This newsletter is about providinguseful, timely information YOU can use.If you have a Commercial Real Estate need, Please give me a call and I will be happy toassist you in any way I can.


2/6

Rental Properties: The (Real) Real EstateI have been pounding the table for months: Real estate has

bottomed out and it's time to take advantage.

Yet, while prices are at or near historic lows, not everyoneagrees.Many claim that we still have a ways to go before the reboundhits.

They make the point that although foreclosures aredwindling, there are stragglers in the pipeline.

They claim that while there's been some recovery in theeconomy, if it doesn't pan out, another wave of distressedhomeowners is going to drag real estate prices down evenfurther...

I doubt it. But, that aside, there's no point in debating because asfar as investing is concerned, the outcome is irrelevant.

Why?Because Real estate in SW Florida is so ridiculouslycheap at the moment that it doesn't matter one bit what happenswith the market over the next couple of years.

Now Is The Time To Buy Real Estate... Period

Florida Real Estate is on Fire!

HG Real Estate Services is a HYBRID type of real estateservicing company.

We do bank clean-outs, cash for keys, Short Sales, Broker PriceOpinions, Property Maintenance, Property Management, etc.

We manage and maintain a whole bunch of single family homesand have maintenance crews and licensed jobbers on call for justabout anything. If Real Estate is involved and a service needs to

be done, we can do it.

We are approved with over 227 banks and asset management

companies. (They have our number on Speed-Dial.)

There are 77 MILLION Baby Boomers approaching retirementage. They are FLEEING high tax states - They are Retiring, andstatistically, 22% of them move to Florida.

Now, I know you what youre thinking ..... Yea - thats all welland good, but I dont want a thing to do with tenants,maintenance, and all that stuff. Have no fear - I have asolution!HG Real Estate Services is a One-Stop-Shop and will do itfor you. The only thing youll need to do is go out to the mail

box and pick up the check ....(Our Clients call it Mail-Box Money) and, if thats too much

for you, well transfer the funds right into your bank accountwhile you travel or play golf!

Call 941-584-7400 for More Information

Florida EmploymentPositively Promising

It is important to look at year-over-year

changes in the housing market due toseasonality.

Employment is affected by seasons sothe only real way to measureemployment in Florida is year overyear.

Floridas total non-farm employment isthe combination of private employmentand government employment. Non-farm employment is the main categorywe consider, though privateemployment is a key driver ofeconomic growth.

The graph shows the year-over-yearchange in Floridas total non-farm and

private employment from 2008 to

present. We felt the hurt from job losses in2008 and although the turnaround isnt assteep, we dont want to digest the good news inemployment.

It is clear that each month since August 2010has experienced positive-growth inemployment on a year-over-year basis. In May2012, Florida employment was 8,506,000,

about 200,000 more than in May 2011.As the jobs number have improved, so hasFloridas unemployment.

EVERYONE should recognize thepositive news in the job market.We know as Florida makesemployment gains, the states realestate market will improve.

Florida is:

** #3 in the Country for

Population growth (following CA

and TX)

** #2 in the Country for Job

Growth!

LookingforsomeonetospeaktoyourCluborRotarygroup

abouttheRealEstateMarket?

Paulisanentertainingandinformativepresenter,

andanEXPERTinthelocal

RealEstateMarket.

[email protected]

mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://clicks.wallstreetdaily.com//t/AQ/AAtTLw/AAtmjQ/AAXpTw/AQ/Avn-Sw/wEaihttp://clicks.wallstreetdaily.com//t/AQ/AAtTLw/AAtmjQ/AAXpTw/AQ/Avn-Sw/wEaihttp://clicks.wallstreetdaily.com//t/AQ/AAtTLw/AAtmjQ/AAZgSQ/AQ/Avn-Sw/RjTphttp://clicks.wallstreetdaily.com//t/AQ/AAtTLw/AAtmjQ/AAZgSQ/AQ/Avn-Sw/RjTp


3/6

TheRealEstateBusinessInSWFloridaHasBeenSmokinHotAndMyOficeHasBeenAsBusyAsAOne-ArmedPaperHanger!

REGARDLESS of what the media

message is, or what kind of

Kool-Aid they are trying to

make you drink, The Florida

Real Estate Market is HOT.

Unless some sort of

financial catastrophe

occurs,(usuallycreatedbyclueless

WashingtonBureaucrats), whathappens in Arizona,

California, or Maine, has

little or no effect on the

market in Florida.

Pricesarecomingup.OffersareincreasingandthevolumeincreasehasbeenHUGE.MoneyinMotionhasincreasedover84%compared

tolastyear!

Cashbuyersfromallovertheworldareherebuyingjustabouteverythinginsite.Manyhavehadtheireyesonforeclosures,bankownedpropertiesandhandy-manproperties.

PersonallyIamdealingwiththree

individualinvestors.1German,1Canadian,and1NewYorkerwithdeeppockets,loadsofcash,andhavehaveA+credit.Theyarebuyingeverythingtheycangettheirhandson.

TheyArePayingTopDollaraslongasthepropertiesarepricedproperly.Propertiesneedtobeoccupiedwithgoodleases.Offeringpricesarebasedonactual>inancials-NOTPro-formanumbers.(Theywontevenlookatapro-forma).

OneofthebiggestchallengesIamhavingissiftingthroughallofthedeceptivelymarketedpropertieswithpro-formanumbersmadetolookasactuals.AcompletewasteoftimeasfarasIamconcerned.Inmyopinion,thosebrokeringpropertieswithpro-formanumbersaredoingadisservicetotheirsellersandoughttohavetheirheadexamined

becauseNobodyisbuyingonprojectednumbersinthisphaseofthemarketcycle-period.

Bankswontlendonprojections,andthereareplentyofpropertiesavailableonthemarket.Itsallaboutthenumbers.Ibelieveanyonemarketingaproperty

basedonPro-formaispretty-much

wastingeveryonestime.

Thesameinvestorswerebuyingsinglefamilyhomesayearago,andnowthatthesinglefamilyhomemarkethasswitchedtoasellersmarket,theyhave

switchedstrategiesandonlywantcommercialincomeproperties.

Overthepast3months,wehaveclosedonover$4,000,000ofcommercialpropertyandhaveover$6,000,000inoffersout.Combined,theyhaveabout$18,000,000(eighteenmilliondollars)Leverageupat75%LTV,were

lookingatSeventy

TwoMillionDollars.

Ifyouareeventhinkingofsellingacommercialproperty,givemeacallforanoobligationconversationabouttheproperty.Maybewecanputsomethingtogether.

Onthesinglefamilyhomesfront,myof>iceisseeingmultipleoffersituations

onanalmostdailybasis.WhenitcomestoabankREOsale,itisoutofcontrol-smartbuyersarestickingwithnon-bankownedhomesthatneedlittleornowork.Theyaregettingbetterdeals.

InNorthPort,backin2011,youcouldbuyasinglefamilyhomebuiltafter2000for$50-$70K.Thesamehomesarenowsellingfor$125-$130k.Itsallgoodbecausetheincreaseinvolumeinthehousingsaleshasbeguntobringbuildersbackintothemarket.AndweallknowthatistherealdriveroftheFloridaeconomy.Homesaleshavebeensobrisk,myassociate

ConnieNowellisofferinghersellersanalmostunheardof

HomeSellingGuarantee-

SheGUARANTEEStoselltheirhomein

121days,or

ShellSellItForFREE!

www.Soldin121Days.com

Lotsales,ingeneral,havebeenbrisk.six(6)monthsago,youcouldbuylotsallovertheplacefor$1,500to$2,500each.Now,theyareinthe$3,500to$5,000pricerange.Thebottomofthemarkethasmovedup60%to100%overthepast6months.Ithasbeenagreattimeto

buyatthe

bottomandmanyinvestorshavebeen


Ifyouareinterestedinsellingaproperty,the>irstthingyouneedtodoisgetthenumbersright.IhaveaFREESpecialReporttitled:MakeSureYouAreGoingtoGetTopDollarWhen

YouSellInitare2Strategiesand6Tipsyouneedtoknowanddobefore

puttingacommercialpropertyupfor

sale.

Ifyouwouldlikeacopyofthereport,

simplycall1-800261-0454ID#7022

Dontworry-thereportisfreeandyou

areundernoobligationtobuyanything.

Continuedonpage5SeeRealEstateBusiness
http://www.soldin121days.com/http://www.soldin121days.com/http://www.soldin121days.com/http://www.soldin121days.com/


4/6

Multi Family properties in the area seem to have turned the corner in 2012.

The graph on the left above indicates the County is up 4.2%.FINALLY it looks as though the trend is beginning to make a coming back.

Industrial properties seem to be making a little bit of a comeback as far as leasing goes (chart on left), but sale price trends arestill falling. I predict, as residential sales and construction continues on the upswing, sale prices of Industrial properties will

also begin to increase.

Retail Sale trends have been bouncing around what looks like the bottom for quite some time. As you can see in the chart tothe right, leases in the city fell offthe cliffin 2011 it but looks like they are making a rapid comeback. As Lease rates increase,

so will property values. If youre thinking of buying retail space, now may be a good time.

Office Properties are still struggling a bit. It looks as though they aretrying to establish a bottom.

We recently closed on a fully-rented Medical Office building in greatcondition and within walking distance to a Hospital at a 10Cap.

The seller was happy to sell, and the buyer was happy with thepurchase.

A True Win-Win transaction!


5/6


RealEstateNewsYouCanUse(941)584-7400www.FL-CommercialRealEstate.comFebruary2013

Find Out What Commercial Properties Down The

Street Sold For.You can receive a FREE Computerized printout of recent commercial property sales and current listings in

your area or any other area of your interest.

Mailed To You at NO COST or OBLIGATION

You dont have to talk to anyone. Just call the 24 hour Hotline and leave a message about what type of

property and area you would like to have information on.

This information will give you a good idea of what your property might sell for if you were to put it up for

sale in todays market.

To receive your unique FREE Area Sales Report

Call Our 24 HOUR HOTLINE

1-800-261-0454 EXT #7034

RealEstateBusinessContinuedfrompage3

NorthPortisBOOMING.

ThecitycouncilmadethedecisiontomakeNorthPortabusinessfriendlytown,andtheresultsareastonishing!

ThemaindragofNorthPortonRT41isbuildingshoppingcenters,restaurants,banks,commercialcentersandmorelikecrazy.BendersonDevelopmentisbuildingandNationalBig-BoxStoreshavemovingin!

Majoremployersarelookingattheareaandarenegotiatingwiththecity.AllgoodsignsforNorthPortanditshows.

Longstoryshort.............TheSWFloridaRealEstateMarketissmokinhot!Wearebackintheupwardphaseofthebusinesscycle.

Ourof>iceisSmack-DabinthemiddleofNorthPort.

14385TamiamiTrailNorthPort,FL34287941-584-7400

RightalongsidetheOldeWorldRestaurant.

Nexttimeyoureintown,stopbyandsayhello!

5 Ways to Avoid Running Out of Money

During Retirement ....

One of the Biggest Risks Retirees Make is Running Outof Money During Retirement -

Dont Let That Happen To You

Even if you have something else in place, this

FREE REPORT Includes ResearchYou Can Use Right Now!

Call 1-800-261-0454 ID #7040

How To:

Sell Your Commercial Property for Top Dollar,Eliminate Capital Gains Tax and

Create an AnnuityAll At The Same Time!

800-261-0454 ID# 7036

This SECRET Sales Method AttractsEager ~ Motivated Buyers

Like a Super Strong

Steel-Magnet!

You dont want to miss it!
http://www.fl-commercialrealestate.com/http://www.fl-commercialrealestate.com/


6/6

FREE

Information CornerValuable FREE reports for Buyers mailed to you at

no cost or obligation. Call Anytime, 24 hrs a day to

1-800-261-0454 and enter the ID# of the

information you would like to receive.

THREESECRETS-ToHavinganOfferOnYour

CommercialPropertyWithin72Hours..............ID#7024

WHAT99%OFINVESTORSDONTKNOW-

CashFlowSecretsofSuccessfulCommercialRealEstate

Investors........................................................... ID#7042

SEVENMISTAKESTOAVOIDWHENSELLINGA

COMMERCIALPROPERTY-

JustMakingONEofTheseCostlyMistakesCanCostYou

TensofThousandsofDollars............................. ID#7020

FIVEQUICKSTEPS-ToFullOccupancyinYour

CommercialProperty.....aCRASHCOURSE.....ID#7033

HOWTOMAKESUREYOUGETTOPDOLLARWHEN

YOUSELL-3Strategiesand6Tips................... ID#7022

SHORTSALES-FORECLOSURES-BANK-OWNED

INCOMEPROPERTIES-FreeListwithPicturesofallthe

availabledistressedproperescurrently

available............................................................ ID#7043

Real Estate Investors CornerEveryone knows investing in real estate is a no-brainerway to financial independence and real - long term wealth. The

problem is, land-lording can be areal hassle.ESPECIALLY forlong distance landlords. The key toprofitable real estate investing ishaving a reliable and dependablesupport team.

HGRealEstateServicesisaHYBRID

propertymanagementcompany-we

doALLtheworkforyou.Locating

tenants,clean-outs,maintenance,lease-upsandmore!

LetHGRealEstateServicesdotheworkforyou!Nowisthetimeto

buy,forcash\lowandappreciation.Offsetyourretirementincome

withrentalincomeandenjoynumeroustaxwrite-offsandtravel

bene\its!

LANDLORDS

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Letushandleallyourland-lordingneeds.

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onYourInvestment.

WeAreSoSureOfYourSatisfaction,WeBackItUpWithAFull6MonthGuarantee.

Ifwedontdoaswesay-andyourenothappy,wewilltearupouragreementrightthereonthespot.

Call 941-584-7400 Today

OwningRentalPropertyisfunagain!MargSmith,AtlantaGA

Themoneyappearsinmybankaccountwithoutmedoinga

thing-ThanksHGRE!MikeM,PuntaGordaFL

~~VacantLand~~

Theyrejustnotmakingitanymore

Sign-upfortheBestBuyHotListofVacantCommercialLandinvestmentopportuniResinSouth

WestFlorida!

FREE Computerized Printout of commercial

Lots, Land and Acreage sent to you at

No Cost or Obligation

FREE List with pictures

1-800-261-0454ID#7049

formoreinfo.

2012 by Paul Forsberg CCIM Candidate All rights reserved ! ! ! ! ! ! ! ! Pa

I have known Paul for over seven years. He is a very energetic,detailed orientated and very hardworking. He is a man of his word. Hehas been and always will be very successful. I HIGHLY recommendhim. Kristine McMahon, Sr. Loan Consultant, The Manhattan

Mortgage Company

Hi highly recommend Paul to anyone interested in making money.Paul has proven time and time again to be a highly successful andethical businessman in the field of real estate and marketing!MichaelThompson, Co-Founder, S.W. Florida Real Estate Investors Assoc.
http://www.linkedin.com/profile?viewProfile=&key=11832478&noCreateProposal=true&goback=%2Eprfhttp://www.linkedin.com/profile?viewProfile=&key=11832478&noCreateProposal=true&goback=%2Eprfhttp://www.linkedin.com/profile?viewProfile=&key=11832478&noCreateProposal=true&goback=%2Eprfhttp://www.linkedin.com/profile?viewProfile=&key=11832478&noCreateProposal=true&goback=%2Eprfhttp://www.linkedin.com/profile?viewProfile=&key=19589394&noCreateProposal=true&goback=%2Eprfhttp://www.linkedin.com/profile?viewProfile=&key=19589394&noCreateProposal=true&goback=%2Eprf

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Florida Commercial Real Estate Market Report