Hi, my name is Anthony Homer. I am a Commercial Real Estate Associate in Sarasota Florida and Property Manager with Hembree & Associates.
I specialize in Sarasota commercial real estate sales, leasing and property management in the Sarasota and Manatee Counties, while heading the Property Management division of Hembree & Associates, Inc. I currently manage over half a million square feet of office and retail space in Downtown Sarasota and Lakewood Ranch. Tenants range from start-up retailers to Fortune 500 companies with multi-billion dollar portfolios. Open communication provides a smooth relationship and creates stability for owner’s commercial real estate investments and helps to eliminate problems before they come up.
I am also a Tenant Representative, having worked with several national and even global companies with their commercial real estate requirements. Through active involvement in the Sarasota and Lakewood Ranch commercial real estate markets, I am able to keep my finger on the pulse of the local market and how best to leverage the knowledge for clients. My knowledge of the Sarasota, Manatee and Charlotte county areas has allowed businesses to find the commercial real estate that matches their specific needs.
An active member on the board of the Commercial Investment Division and Chairman for the Sarasota Young Realtors within the Sarasota Association of Realtors. This high degree of community involvement gives me a unique perspective on the local commercial real estate market from various points of view.
I hope you make AnthonyHomer.com your online resource for finding Sarasota commercial real estate, specializing in office space, executive suites, retail space, industrial real estate, investment property and other types of Sarasota commercial property.There is no secret to Hembree & Associates success – solid commercial real estate knowledge and years of experience in helping clients achieve their goals.If you would like to see how I can help you in your commercial real estate needs, please give me a call or drop me an email.
Take from Moody’s Investor Services:
According to Moody’s Investor Services, commercial real-estate prices fell 8.6 percent in April. When viewed in combination with the 5.5 percent decline in January, it would seem “sellers are beginning to capitulate to the realities of commercial real-estate markets,” says Moody’s Managing Director Nick Levidy. He added more distressed sales appear [...]
As Morgan Stanley is ‘fessing up to it’s commercial real estate woes, it’s lament sounds eerily like many local, Sarasota based commercial real estate investors.
•Morgan Stanley is writing down 80% of the properties in Fund V U.S. and 60% in Fund VI International.
•Two investors — the $60.5 billion New Jersey State Investment Council and the [...]
Florida Supreme Court Ruling Clarifies Fate of Extreme Ballot Measure
(ORLANDO - June 17, 2009) The Florida Supreme Court issued a ruling on Wednesday that clarifies the status of the most controversial ballot initiative in Florida history. The decision–which came as no surprise to most observers–upheld a lower court ruling that prevented petition-signers from revoking their [...]
Property Overview
Highly visible signature building on US-41 in the Hospital Area is ideal for medical, law office, or financial professionals. Lots of windows for great views and abundant natural light. First floor lobby and restrooms are recently remodeled. Building exterior recenlty painted. This is a quality building well suited to users desiring an upscale image [...]
HUD SECTION 221(d)(4) LOANS
General Program Features:
· Purpose, to provide low market rate, rental housing for moderate income families
· New construction or substantial rehabilitation of existing apartment or co-op projects. Rehabilitation must encompass at least 15% of the project’s value after completion of the rehab, $6,500 per unit, or the replacement of a minimum of 2 [...]
1. Sizing up the storm – situational awareness
a. US Dollar - The U.S. dollar dropped to its lowest this year last Friday and was on track for its biggest weekly fall in two months.
b. Jobs Loss – More cutbacks, lower paying jobs, fewer multi-income families.
c. U.S. Housing Starts Down 77.6 Percent – Fewer new houses [...]
Despite the general grimness of the market, there is good news. One of the saving graces in Sarasota has been that we did not overbuilding in the commercial market. The value of building condos was too great in 2004-2006 to consider straying into commercial development. The Urban Land Institute makes some good observations:
In terms of [...]
This is an excellent resource from CIRE on workign with distressed properties in this market. Remembering that the other side is under more pressure than usual is key to undertsanding how you facilitate the negotiations and the due diligence process.
Do It Right: The ABCs of Due Diligence for Distressed Properties
By John F. Dougherty Jr.
Clients new [...]
With the mushrooming cloud of commercial real estate loans that are expected to default over the next two years, mortage acquisition groups are gearing up for what some term “the wild wild west”.
Read on:
Two years after fissures in the residential housing market gave way to a national collapse of home prices and sales, experts warn [...]
I believed, as many others did that the commercial market was somewhat immune to the problems afflicting the residential property sector. Among other things,this segment had witnessed less of the speculative excess that had undermined housing markets, the major players were more sophisticated and had deeper pockets, and the revenue streams that supported new and [...]
