Michael Gerrity, Founder & CEO - WORLD PROPERTY JOURNAL™
As founder and CEO of THE WORLD PROPERTY JOURNAL -- the #1 organically-ranked "International Real Estate News" site in the world today by Google -- Mr. Gerrity has been interviewed over the years by numerous local and national news media organizations that include NBC Nightly News with Brian Williams, NBC Today Show, TIME Magazine, Orlando Sentinel, Orlando Business Journal, The New York Times, Palm Beach Post and Florida Trend Magazine. Mr. Gerrity was also awarded the prestigious "40 under 40" Entrepreneur Achievement Award of Central Florida from the Orlando Business Journal in 2000.
Besides running the day to day operations of THE WORLD PROPERTY JOURNAL, Mr. Gerrity has also served on several Boards over the last decade that include the Central Florida Technology Partnership's Digital Media Advisory Board, City of Orlando’s Technology Board, The Economic Development Commission’s Film & Television Board and he is a founding Board Member of Digital Media Alliance Florida - a statewide digital media industry association. In addition he is a member of the National Association of Real Estate Editors (NAREE).
Mr. Gerrity is also founder of GERRITY CAPITAL, a real estate technology venture capital firm based in Miami, Fl.
Orlando's median home price rose 6 percent in March 2018 when compared to March of last year while sales held steady with a slight 1 percent increase.
Cities in Asia Pacific and worldwide are getting smarter, but they must be ready for the Cyber security risks that accompany the growing adoption of tech-enabled real estate and infrastructure.
A national rent increase of 2.8 percent in January 2018, compared to 2.6 percent in January 2017. Low rental home inventory fuels the growth of single-family rent prices.
According to new research from the Up for Growth National Coalition, ECONorthwest, and Holland Government Affairs, from 2000 to 2015, the U.S. fell 7.3 million units short of meeting housing demand.
U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017.
Increased interest in self-storage facilities, data centers, student accommodation, education and aged care as investors chase yield
Leasing activity totaled 6.39 million sq. ft. in Q1 2018, 6% below its five-year quarterly average. The availability rate was 11.8%, up 30 basis points (bps) from Q4 2017, and 20 bps from a year ago.
According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities.
UK, Germany and Spain are the three most attractive hotel investment destinations in Europe, with more than two-thirds (69%) of investors identifying these markets as the preferred countries for hotel investment in 2018.
According to CBRE, momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country's warehouse stock is decades old and ill-suited for the demands of e-commerce.
Health systems and hospitals can generate significant cost savings, secure capital to invest in technology and care delivery,
ATTOM Data Solutions released this week its 2017 property tax analysis for more than 86 million U.S. single family homes, which shows that property taxes levied on single family homes in 2017 totaled $293.4 billion
Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of them worked in residential construction.
Japan can expect to see robust investment by Asia Pacific-focused closed-end real estate funds over the next three years. CBRE also predicts the following capital deployment trends across Asia Pacific by private equity real estate funds through 2020.
According to the latest Ireland House Price Report released this week by property website Daft.ie, Ireland home prices nationally rose by 2.5% during the first three months of 2018.
According to JLL, Russia's real estate investments reached $728 million in Q1 2018, down 8% Year-over-Year from $792 million invested in Q1 2017.
The National Multifamily Housing Council and National Apartment Association issued the following statement on passage of the Omnibus Spending Bill this past week.
According to global hotel industry consultant STR, there are 184,299 hotels comprising 16,966,280 million rooms around the world in the first quarter of 2018. That number of rooms represents a 17.7% increase over the last 10 years.
According to the Mortgage Bankers Association, the following firms were the top commercial and multifamily mortgage originators in the U.S. during 2017:
Orlando's median home price rose 10 percent in February 2018 when compared to February 2017, while sales held steady with a 1 percent increase. Inventory declined by nearly 9 percent compared to this time last year.