Author Archive for: DomresRealEstate

Tampa Bay Lightning right winger Nikita Kucherov has purchased a waterfront home in South Tampa — a property that's a potential teardown for redevelopment. Kucherov paid $2.95 million for a 1960s-built home in Sunset Park Isles on a finger of land that juts into Old Tampa Bay, in a deal that closed in late October, according to Hillsborough County property records. The sellers were Joseph A. and Kelly Varner. In 2017, Kucherov bought the home of another household name in Tampa Bay professional…

The online real estate brokerage Redfin recently published a report that looks at nationwide housing data to predict which cities are most at risk of a housing downturn brought on by a recession. Redfin analyzed seven factors in the 50 largest metro areas in the U.S. to come up with an overall risk score for each metro area. For each factor, the higher the score, the higher the risk. Some factors considered were Median home sale price-to-household income ratio Average loan-to-value ratio of…

The sales price is the second largest market-rate multifamily transaction in Tampa Bay history.

Two funds based in Tampa Bay are raising millions of dollars to chase value-add apartment complexes.

Two funds based in Tampa Bay are raising millions of dollars to chase value-add apartment complexes.