After selling out all 253 condos in the 41-story ONE St. Petersburg, Kolter Group is full steam ahead on two new luxury towers in the Tampa Bay region — in Tampa's Hyde Park and in downtown St. Petersburg.Original Article
Tech companies have begun to nibble away at the edges of the residential real estate industry, offering virtual open houses, digital closings and other services. Now they are coming straight for the real estate transaction itself through “instant buying,” in which companies buy homes, perform some light maintenance and put them back on the market.Original Article
Highland Homes, founded by a father-and-son team in 1996, is now one of nine builders under the Clayton Properties Group umbrella.Original Article
People are now seeing Lakeland as an affordable destination as opposed to just a bedroom community for Tampa or Orlando.Original Article
“UPL” can occur in many different contexts, and all commercial service providers need to educate themselves as to what activities could violate the law.Original Article
Nearly four years after it was proposed as a pioneering, mixed-use vision for the downtown Tampa waterfront, the 53-story Riverwalk Place is inching toward a groundbreaking.Original Article
Phil Price Chief financial officer Smith & Associates Real Estate What inspired you to become a finance executive? At the age of 10 was I inspired to be a finance executive? No, I wanted to be the quarterback for Florida State University. Although my dad and multiple brothers, uncles and cousins are accountants, my mom probably pushed the CPA route the most knowing there were good jobs. Not to say learning about the stock market in grade school from Dad and reconciling cash accounts at his office…Original Article
A vacant waterfront lot on Davis Islands has been sold nearly twice what it fetched in 2015. The .56-acre lot at 84 Adalia Ave. sold for $6.626 million, Smith & Associates Real Estate said Friday. It has 175 feet of bay frontage. The brokerage firm says the sale is a record for residential land in Tampa. Smith & Associates did not reveal the buyer. A dead for the transaction filed Friday lists the seller as Longboat Capital LLC, which is linked to a Houston-based investment trust. Greg Margliano…Original Article
Heritage Insurance Holdings Inc. (NYSE: HRTG) has announced it expects approximately $10.2 million of net losses due to a severe hailstorm in March in Brevard County. The National Weather Service determined the storm was the most significant hailstorm event in Brevard County history, dumping hail the size of quarters and nickels across the area for up to 10 minutes, according to Florida Today. In total, Heritage expects to incur approximately $15.4 million of net catastrophe losses in this year’s…Original Article
Many economists see ample evidence of a country that is not remotely “full” — but one where an aging population and declining birthrates among the native-born population are creating underpopulated cities and towns, vacant housing and troubled public finances.Original Article