Michael Gerrity, Founder & CEO - WORLD PROPERTY JOURNAL™
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).
As founder and CEO of the WORLD PROPERTY JOURNAL, Mr. Gerrity has also been interviewed over the last few 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.
London is still the most important global city for the world's ultra-high-net-worth individual (UHNWI), followed by New York and Hong Kong.
With weakening global currencies, fewer Latin American and European buyers are investing in Miami condos, but Asian and domestic buyers are helping fill the gap.
Nearly 900,000 single-family homes across 13 states in the western U.S. are currently designated at "High" or "Very High" risk for wildfire damage
The volume of specialist property investment will exceed £10 billion in 2015, will account for 20 percent of total UK commercial market by 2020.
Increased demand for U.S. office space, the strongest labor market since 1999, and continued strong interest from investors combined to drive the largest full-year office investment total since 2007.
New U.S. household formation has recovered after the job losses that accompanied the recession.
The share of home sales to institutional investors and all-cash buyers dropped to four-year lows in 2014 despite a quarterly increase in the fourth quarter.
While Chinese investors continue to pour billions of dollars into U.S. real estate assets that appreciate in value each month, things back home in China are a little different.
According to CBRE, increased trade, industrial production, employment and consumer consumption in the U.S. combined to drive the largest full-year Industrial investment total since 2007.
Hotels in the Phoenix, Arizona market posted strong results in the three major performance metrics during the weekend of Super Bowl XLIX
Manhattan's office leasing activity totaled 2.51 million square feet during January 2015, 16% higher than the five-year monthly average of 2.16 million sq. ft.
Economic growth in Asia Pacific will remain ahead of the world average in the coming years.
The Miami real estate market continued to perform robustly in the fourth quarter of 2014 due to increasing demand from both domestic and international buyers.
If you're a national retailer, manufacture or logistics warehouse landlord, things are getting dicey these days as the current slowdown.
According to Auction.com's Q4 2014 Commercial Real Estate (CRE) Market Monitor, the U.S. commercial market is enjoying a healthy increase in both deal volume and price growth.
With the price of oil dropping from $108 a barrel in June 2014, to under $50 a barrel in January 2015, lower oil prices are beginning to impact Abu Dhabi's commercial real estate market.
RealtyTrac found that as of the end of January 2015, 142,462 homes actively in the foreclosure process had been vacated by the homeowners prior to the bank repossessing the property.