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.
According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.
Hong Kong is the world's highest-priced office market while European office markets showed the most consistent growth in prime office rent, mostly due to a lack of supply. Belfast (up 25 percent year-over-year) led the way among the 121 cities surveyed.
According to global real estate consultant Knight Frank, fears that London is set to lose swathes of bank jobs now look overblown, but finance has been shrinking in importance for the capital's economy and property market for some time.
There is a change in ultra high net worth individuals (UHNWI) property investment patterns, driven by political uncertainty, cooling measures and barriers affect traditional markets.
Nationwide U.S. housing starts rose 3 percent in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.288 million units.
According to a new report issued this week by Zillow and LinkedIn, there's a good reason thousands of technology workers are flocking to Seattle: the math works out.
On the heels of yesterday's decision by the Federal Reserve to raise short-term interest rates by 25-basis points, yet while expected, many in the real estate industry around the world still took notice.
Asia Pacific real estate investors will be motivated by fundamental investment objectives, including favorable yield spreads and adopting higher risk/return strategies.
According to the latest annual Knight Frank Wealth Report, London has beaten New York as the most important global city for ultra-high net worth individuals (UHNWIs) in 2017.
According to Knight Frank's latest U.K. Regional Office Market Report, regional office investment was buoyed by overseas buyers in 2016, with international money accounting for 45% of all investment into offices across the ten U.K. cities tracked.
According to the Mortgage Bankers Association's most recent Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter of 2016.
According to CoreLogic, U.S. homeowners with mortgages (roughly 63 percent of all U.S. homeowners) saw their equity increase by a total of $783 billion in 2016, an increase of 11.7 percent.
The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year.
According to ATTOM Data Solutions' 2016 Year-End U.S. Home Flipping Report, 193,009 single family homes and condos in the U.S. were flipped -- sold in an arms-length transfer for the second time within a 12-month period -- in 2016, up 3.1 percent from 2015.
According to CoreLogic's latest Home Price Index for January 2017, U.S. home prices are up both year over year and month over month. Home prices nationwide, including distressed sales, increased year over year by 6.9 percent in January 2017 compared with January 2016
Ten percent, or $175.9 billion, of $1.7 trillion of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2017.
According to the Greater Las Vegas Association of Realtors, Southern Nevada home prices and sales continued to increase despite a shrinking housing supply.
Despite office leasing activity slowing around the lunar New Year holidays, the Grade-A office market still recorded a number of notable transactions in January 2017.
According to CommercialCafe -- a nationwide commercial real estate search website -- investment in the New York City office market dipped in 2016, as the total office sales volume in amounted to $21.1 billion.
Almost half of millennial homeowners in the U.S. now live in the suburbs, and the majority stay in the same city when they buy a home.