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Property zoning regulations are a fundamental aspect of commercial real estate, guiding the use, development, and aesthetics of land and buildings within a community. Zoning codes are in place to maintain order and protect the interests of residents and businesses. Non-compliance with these regulations can lead to significant consequences for commercial property owners. Here, we’ll […]
As we move through 2024, the commercial real estate (CRE) market faces a unique set of challenges and opportunities. Central to these dynamics is the Federal Reserve’s commitment to a “higher-for-longer” interest rate policy. This strategy, aimed at taming inflation, has profound implications for the CRE sector. Here’s what you need to know. The Challenges […]
As we progress through 2024, the healthcare real estate sector is experiencing notable expansion, driven by key trends and demands that are reshaping the landscape. Jacksonville, Florida, with its growing population and economic vitality, presents a prime opportunity for growth in this sector. Rising Demand for Outpatient Facilities A significant trend in healthcare real estate […]
Jacksonville’s retail market remains a beacon of stability amidst rising challenges, maintaining a delicate balance between resilience and adaptability. Here are the critical issues and opportunities shaping the sector: Key Challenges Permitting and Financing Delays: Lengthy permitting processes and financing delays are primary obstacles. These bureaucratic hurdles often lead to deal disruptions, making backup offers […]
The office space market in Jacksonville, Florida, is navigating a complex landscape as it contends with the lingering impacts of the pandemic, economic uncertainties, and evolving work patterns. While there are pockets of activity and optimism, several challenges persist that are shaping the current state and future trajectory of the market. Rising Rents Despite Stagnant […]