94-unit luxury condo project proposed for Clearwater Beach
The project is being proposed on some of the last available vacant land on Clearwater Beach.Original Article
Report: Despite home prices slowing, Tampa Bay still has among the highest in the nation
U.S. home prices continued their 127-month run of consecutive annual gains in August, but they slowed for the fourth straight month.Original Article
South St. Pete apartment project, to include workforce housing, secures $50 million construction loan
Developer Stoneweg US says 20% of the units will be dedicated to workforce housing.Original Article
Largo affordable housing project gets state grant
The townhomes will have a mix of two- to three-bedrooms.Original Article
BayFirst reports dozens of layoffs in Clearwater mortgage production office
BayFirst Financial is laying off 58 employees in connection with the dissolution of its nationwide residential mortgage lending business, according to a letter filed with the Florida Department of Economic Opportunity. Over half of those employees worked remotely and reported to the division’s headquarters office in Clearwater, which will continue to serve as a local retail banking center with commercial and consumer lending, a spokesperson told the Tampa Bay Business Journal. The St. Petersburg-based…Original Article
Rebuilding after Hurricane Ian could exacerbate construction supply, labor shortages
Hurricane Ian is likely to place further strain on the shortage of building materials and construction labor in Florida.Original Article
Hurricane Ian could be second costliest storm in history
Early estimates of damages to insured property put Ian only behind Hurricane Katrina in costliness.Original Article
The varying destruction in Hurricane Ian’s wake comes down to construction codes
Aerial photos showing seemingly random destruction in Ian's wake — a house still standing next to one that was washed off its foundation — can largely be attributed to construction codes that changed after Hurricane Andrew, real estate executives in Southwest Florida told the Tampa Bay Business Journal.Original Article
New York investor acquires fractured condos in Palm Harbor for $22.5M
The company purchased 161 of 248 units at Harbourtowne at Country Woods.Original Article
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