Preparing rural land for development can take two to four years. But Wall Street doesn’t want to hear it.
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The South Florida developer behind some of the biggest master-planned communities in Central Florida has planted a $43 million flag on Polk County’s U.S. 27 corridor. Noah Breakstone, CEO of BTI Partners, for the first time discussed the company’s plans for a 1,841-acre master-planned community in the City of Lake Wales at the intersection of […]
Dominic Pickering, executive director for the West Coast of Florida at BTI Partners, talked about the significance of the Marina Pointe Tower One project, highlighting the transformation of South Tampa into a luxury market. He also mentioned that the influx of new residents from larger cities has influenced the demand for smaller, high-quality spaces, leading […]
Inflation is rapidly cooling across the U.S. — unless you live in Florida. Residents in the Miami-Fort Lauderdale-West Palm Beach area saw prices shoot up 9% in May compared with a year earlier. By comparison, nationwide inflation for the same period was less than half that rate, with prices rising 4% in May compared with […]
TAMPA, Fla. (WFLA) — This week marked a major milestone in a development that’s transforming part of South Tampa. Marina Pointe is a new luxury condo complex on 52 acres of land in the heart of the Westshore Marina District at Gandy and Westshore Boulevards. On Tuesday, Mayor Jane Castor and the developers held a […]
There’s plenty of land for development available nationwide, but it’s not cheap and hardly easy to acquire, zone, and develop. According to a recent report from Commercial Café, cities across the Texas Triangle have tens of thousands of acres of undeveloped land while densely built-up areas such as New York City still have plenty of […]
An NBA legend building affordable housing units, a Swiss food and beverage giant getting a new office, and a penthouse selling for $5.2 million top the week’s commercial real estate news. Naples/Fort Myers No sleep till Brooklyn: A trio of LLCs with ties to a Brooklyn, New York real estate investor has bought The Pearl […]
The housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams, according to a new report from the National Association of Home Builders (NAHB). Its HMI index, produced with Wells Fargo, measures builder confidence in newly built single-family homes in February rose […]
BTI Partners of Fort Lauderdale isn’t stopping with 4,600 acres, or an investment of $116 million, in Northeast Florida. “We’re actively looking at other deals in Jacksonville and in the Northeast Florida area,” said CEO and Managing Partner Noah Breakstone. BTI Partners plans to open a branch office in Jacksonville this year.The group gained attention […]