Real Estate Guy - @FGCU alum - husband & dad - world's foremost expert on my opinion - Maxwell, Hendry & Simmons, LLC
Fort Myers, FL
Joined May 2013
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Good article from @appraisalbuzz on the nuances of appropriately valuing multi-family (or any use for that matter) land.
The Hidden Variables Behind Multifamily Development Value appraisalbuzz.com/the-hidden…
Commercial real estate’s price recovery splits costar.com/article/121076160…
100K-square-foot warehouse project planned in Lakewood Ranch businessobserverfl.com/news/…
Houston, Tampa developers sell 153 acres for 556 homes in Pasco businessobserverfl.com/news/…
The entirety of census tract qualifies it. End of story.
Miami’s luxurious Design District is designated an Opportunity Zone under a nearly decade-old federal provision created to encourage investment in lower-income communities by offering tax breaks wsj.com/politics/policy/miam…
We've definitely seen this trend in #SWFL
A number of churches are turning to developers to build affordable housing on their own property, betting that underused land can advance their mission wsj.com/us-news/yes-in-gods-… via @WSJ
Florida warehouse market shows uneven third-quarter gains floridarealtors.org/news-med…
Sold for a 4.59% cap rate.
Pinellas Park property sells for $4.9 million businessobserverfl.com/news/…
Keene Plaza in Largo.
Price was $21M ($258 PSF).
Was 79% leased at time of sale, with an in-place cap rate of 5.87%.
Baltimore firm buys Sprouts-anchored Pinellas shopping center businessobserverfl.com/news/…
This is the former Fred Astaire Dance Studio on Bee Ridge Road.
Great location at corner of Bee Ridge and S Tuttle. Price was $404 PSF.
Sarasota gun dealer buys building for $1.65M businessobserverfl.com/news/…
Project is about a half mile south of SR 64 on Lakewood Ranch Blvd.
That's the fastest growing area in Florida right now.
VA commissions 135K-square-foot outpatient clinic in Sarasota County businessobserverfl.com/news/…
A $311 million buying spree in Naples created one of the country’s most expensive compounds, putting the mystery buyer in rarefied company alongside Ken Griffin and Jeff Bezos. wsj.com/real-estate/luxury-h… via @WSJ
This may solve all Cape Coral and Midpoint bridge traffic issues.
Costco is coming to Cape Coral. Here's where it's being built news-press.com/story/news/lo… via @thenewspress
Three-tenant medical facility built as a Harley-Davidson in 1998, but converted to medical in 2020. Sold as part of a two-asset healthcare portfolio.
Price was $435 PSF.
St. Petersburg medical building sells for $10.4 million businessobserverfl.com/news/…
Good to see Legacy Harbour Marina finally reopen.
Significantly improved over the pre-Ian marina.
After $15M redevelopment, marina in Fort Myers reopens businessobserverfl.com/news/…
Auction in Frostproof for 584 acres of land along Reedy Lake.
Price was $8.93M ($15,291 per acre)
tbbwmag.com/2026/10/27/polk-…
The assumption about unchanging fertility, mortality, and immigration rates is the operative part.
But interesting nonetheless.
