Riviera Beach to consider hiring CBRE to find waterfront developer

| July 21, 2016

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Riviera Beach’s quest to develop its marina and other publicly-owned lands continues today as the Community Redevelopment Agency is set to consider a proposal to hire CBRE to search for a developer.

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Burbank

Burbank is one of Australia's most reliable home and property groups, founded by Eddie Sanfilippo and now led by son Jarrod. A part of the wider Burbank Group of Companies, a multi-faceted group servicing the entire range of building industry services, from plumbing and electrical to finance and land development, Burbank builds places for people to call home.

OTHER ARTICLES

Coronavirus Disrupts Major Projects

Article | March 26, 2020

As most of us have adjusted to the new reality brought on by the coronavirus (COVID-19), developers and lenders are forced to look at the resulting economic shut down on ongoing real estate projects. When this virus first started making the news late last year, few people anticipated that it would turn into a global pandemic that would virtually shut down world economic markets. In the real estate world, when this did happen, it was easy to predict that the deals that had not yet been signed, would come to a stop and/or be terminated, and that deals that had been signed would be paused and extended. But what about deals in progress and under construction? Supply chains have not only been disrupted, but in many cases, have been stopped altogether. This could cause many borrowers to miss important benchmarks under construction loan agreements. It could also cause developers to miss delivery dates under leases and contracts. Will lenders declare loan defaults for missed benchmarks? Will tenants and buyers?

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What Is Proptech?

Article | February 27, 2020

Proptech now disrupting the marketplace ranges from artificial intelligent, automation and smart buildings to the use of big data, blockchain and cloud-based computing. Proptech, a portmanteau from “property technology”, is used to describe any technology for the real estate space. These days, it is a common phrase recognised by real estate professionals to define property-specific innovation. Proptech addresses fundamental questions of how users experience and extract value from real estate. Whether it’s planning or construction, renting or buying, management or selling, the Proptech ecosystem is increasingly comprehensive—and competitive.

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How Coronavirus (COVID-19) Could Affect Commercial Real Estate Transactions

Article | March 16, 2020

The long-term effects of the coronavirus on the economy remain unknown, but we can predict some acute short-term effects on the commercial real estate market in general, and in particular on contractual relationships in this arena. There are many different implications of the force majeure concept described above for the commercial real estate world, but here we will describe just a few of them. The coronavirus outbreak has already had an impact on the supply chain for various materials required for construction. Similarly, government restrictions, such as curfews or lockdowns, could interfere with the ability of contractors to have the labor needed for construction, and there may also be delays in the issuance of construction approvals and permits. Suspension of or delays in the ability of contractors to complete construction could be covered by force majeure provisions in construction agreements.

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6 Ways to Finance Real Estate Investments

Article | March 4, 2020

Financing options for real estate investors fall into several different buckets. They range from various types of investment property mortgages to hard-money lending and portfolio loans. You can even turn to peer-to-peer lending platforms or crowdfunding to get the money you need. Investors just getting started may have fewer choices available. But as your portfolio grows, more options open up. This could make it easier to meet the needs of specific fix-and-flip or rental investments. There are more ways to finance real estate investments today than ever before. You have different financing options depending on the:

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Spotlight

Burbank

Burbank is one of Australia's most reliable home and property groups, founded by Eddie Sanfilippo and now led by son Jarrod. A part of the wider Burbank Group of Companies, a multi-faceted group servicing the entire range of building industry services, from plumbing and electrical to finance and land development, Burbank builds places for people to call home.

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