The Central Florida Commercial Association of Realtors (CFCAR) named two multifamily developments, one in Orlando and one in Kissimmee, as “Deals of the Year” at their Hallmark Awards. These projects, the Beaumont Redevelopment in Kissimmee and Society Orlando, both spearheaded by New York-based developers entering the Orlando market, were recognized for their transformative impact on […]
Clermont’s Lumberyard District preps for first phase
Clermont’s Lumberyard District is set to begin its first development phase with a new apartment complex. Atlanta-based PENLER has acquired the 7.2-acre site for $7.4 million and secured a $45.7 million construction loan from Renasant Bank to build the complex, located in downtown Clermont’s mixed-use Lumberyard District, adjacent to Victory Pointe Park and the South […]
Tariffs prompt industrial tenants to delay real estate decisions
The imposition and potential of new tariffs are causing significant hesitation among industrial tenants, leading to delays in real estate decisions. Landlords report that many occupiers are adopting a “wait and see” stance, uncertain about the future impact of these trade policies. This uncertainty stems from both enacted and proposed tariffs, with tenants concerned about […]
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