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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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Sperry Commercial Global Affiliates | RJ Realty’s Ron Osborne Reps Buyer In Purchase Of Ridge Plaza Auto & Tire Center
The operator has occupied the property for 38 years and has 8+ years remaining on the lease with an annual 2% rent increase.
Industrial And Multifamily Sectors Stay Resilient Amid Economic Headwinds
With US industrial vacancy at 4% and multifamily’s pipeline tightening, the data from a report shows both sectors have room for rent growth.
The Office Market: Opportunity Or Liability?
Inflation, rising interest rates and remote work have left the asset class uniquely exposed to declines in valuation and vultures are beginning to circle.
Ready Your Business For Recession
While the market is unpredictable, preparations can and should be made for difficult economic times.
Conventional Multifamily Players Look To Acquire, Convert Off-Campus Student Housing Properties
As many markets seek more affordable and market-rate rental housing, converting non-performing student housing properties to conventional multifamily has become popular among a subset of traditional multifamily owners.
Is Your Loan Coming Due Or Up For A Rate Increase? You May Need To Take Action
Sperry Commercial Global Affiliates/RJ Realty is equipped to assist you with the best options.
Rental Market Expected To Surge As Ian Exiles Move To Palm Beach, Broward
The Ian impact may be enough to keep Palm Beach County and Broward County real estate markets from continued decline.
Delray Beach Is Moving Forward With A Shipping Container Plaza On Atlantic Avenue
Once the project receives final approval, it would take between 60 and 82 weeks to complete, according to a report from CPZ Architects. A plaza like the one being presented is estimated to cost about $6.7 million, according to the same report.
A New Car Dealership Was Denied In Delray Beach. The Developer Is Hoping The Courts Will Save The Project
The proposed Hyundai dealership would be built on a vacant lot that has remained undeveloped for more than a decade and an adjacent pottery store. The land was purchased for $10 million in January, according to Palm Beach County Property Appraiser records.
Federal EV Charging Funds Could Boost Overlooked Property Type
“EV charging is going to be a destination. And people are going to be there for at least 15 or 20 minutes, which is a whole lot longer than gasoline at the pump.”