About Us
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
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954.381.0412
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admin@RJ-Realty.com
“It’s On Fire.”: Miami Mayor Touts South Florida Economy
Miami Mayor Francis Suarez made an appearance on Fox Business where he discussed Miami’s booming economy, referring to it as “on fire,” as the city posts repeated increases in real estate sales, an influx of new jobs, and the welcoming of tech businesses from states like California and North Carolina.
Construction Starts Continued To Climb, But Slowdown May Be Looming For Specific Sectors
While the overall trend in construction starts is positive, the very aggressive stance taken by the Federal Reserve to combat inflation risks slowing momentum in construction.
Commercial Real Estate—Buy, Sell Or Hold?
Left for dead by Covid-19 in 2020, the CRE market roared back to life in 2021 with record-breaking sales of $809 billion. But the arrival of unrestrained inflation and soaring interest rates may signal the party’s over. Being sensitive to economic cycles when buying, selling or hanging on is essential for success in commercial real estate.
Car Demand Fizzled Two Years Ago But Now Delray Beach Has Two Dealerships The Works
Despite car sales waning since the beginning of the pandemic, Delray Beach is seeing significant reinvestment in the industry with a pair of large new dealerships in development.
The Impact Of Interest And Inflation On Industrial Real Estate
The entire real estate class could benefit from this period of economic volatility and continue to outperform the broader equity markets.
Are We In A Shifting Market?
We have been in a Seller’s market for the last several years. Properties have been sold at values that have not been seen since before the great recession of 2007-2008. The Federal Reserve has artificially kept the interest rates low and the President in 2020 and 2021 pumped billions of dollars into the economy. Yes, this helped some people during the pandemic, but also prevented the normal cycle we have seen over the last 40+ years.
CRE Investment Performance Has Been Sizzling
If you’ve been invested in commercial real estate, you’ve had a superb trailing four quarters—on average. But that depends on what properties your money sat. As for the future, that’s looking uncertain.
Construction Costing More, Taking Longer To Complete Amid Huge Demand
The U.S. Census Bureau said construction costs have increased nearly 18% between 2020 and 2021. That’s the largest year-to-year increase they have seen in material costs since 1970.
Buyer Demand Remains High for Corporate Sale-Leaseback Deals
The corporate sale-leaseback market is coming off a record-high first quarter for deal-making. Despite repricing occurring in the wake of rising debt costs, industry insiders remain optimistic of continued strong momentum ahead in the remainder of the year.
‘Real Estate Is On Fire’: South Florida Property Valuations Soar — But So Could Taxes
Property values have escalated steeply, providing a boon to owners of homes and commercial and industrial real estate — but also raising the prospect of big tax hikes and a deeper housing affordability crunch.