Pessimism abounds for proptech investors, startups as access to capital gets tougher
The outlook for the property technology, or proptech, sector has become much bleaker this year after a record-setting 2021.Original Article
Davis Islands home sale is a new record
The home went on the market in June.Original Article
Inaugural St. Pete issue puts the spotlight on the Sunshine City
St. Petersburg has transformed from a sleepy retirement haven to a vibrant, artsy city home to top-tier restaurants and museums.Original Article
Veteran developers have a vision for a new district on St. Pete’s Central Avenue
Real estate developers have long considered Central Avenue the “spine of St. Petersburg” — and with some big investments in the pipeline, there are more vertebrae to come.Original Article
Lennar lowers home prices in most markets as rates rise
One of the nation's largest homebuilders is walking away from some land purchases as new orders fall and cancellations rise.Original Article
Q&A: Economic developer J.P. DuBuque on how to pitch St. Pete amid a rising cost crisis
St. Petersburg is no longer a cheap, sleepy retirement haven. Here's how the city's economic development chief pitches the Sunshine City in the wake of massive rent growth.Original Article
Affordable housing developers seek exemptions for seven St. Pete projects
Allowing the projects to be exempt from the program would expedite the delivery of nearly 400 proposed units.Original Article
Exclusive: Tampa proptech startup doubles head count, triples office space with expansion
About a year after proptech company iApartments launched from stealth mode with three of Tampa Bay’s serial entrepreneurs behind the wheel, the company is hitting a growth spurt. iApartments has doubled its head count from 2021, up to 40 full-time employees — with half of those being local — and roughly 80 contractors. It also is nearly tripling its office space with a headquarters expansion. It has space in downtown Tampa, spanning 2,100 square feet in the Fifth Third building. However,…Original Article
Rental climate puts homeowners, HOAs on a collision course
The latest Consumer Price Index (CPI) reveal translates at least one important element — housing costs continue to inflict inflationary pressures on the economy. But there is an undercurrent brewing in the housing market.Original Article
St. Pete’s BayFirst Financial shutters national mortgage lending business
BayFirst Financial is closing its national residential mortgage loan production network five years after establishing the business division.Original Article