Metal Morphosis’ Post

Interesting article in the South Florida Business Journal regarding a development in Boca Raton. "Boca Raton has among the highest income levels in South Florida and it’s home to many of the region’s largest companies, such as ODP Corp., ADT, Geo Group and ModMed. That has created more demand for housing. As business owners relocate to the city and drive up housing prices, that could also lead to demand for office space as they move their companies here. Penn-Florida is also building the Mandarin Oriental Hotel and Residences in downtown Boca Raton."

The disaster that is Canary Wharf! I read in today's FT that Canary Wharf is 'struggling to reinvent itself as tenants slip away'. It should never have been invented. The Canary Wharf we now know came to life in the early 90's. The firm I worked for - Ogilvy - was one of the 'early adopters' who moved to 10 Cabot Square in 1992. It was a catastrophically bad decision. Billed as a mecca for the future of work, it was where workers went to die. Back then there was no DLR, no tube, no nothing really. The lack of transport meant that, for anyone not living in East London, the journey to work was slow and tedious. So on approach you were predisposed to be grumpy. But proper depression was reserved for arrival. Just one cafe, half a square and many cranes. Even then you had a glimpse of the horror to come. Many more - ever bigger - 10 Cabot Squares have been built. All neat and clean. All soulless and antispetic. Canary Wharf is a couple of miles away from the Square Mile and the West End but a million miles away from the chaotic creativity that drives the great living cities in the world. Our move to Canary Wharf was billed as pioneering. I am quite sure it worked on a spreadsheet, but it failed to recognise the importance of place, and the impact that has on mood and productivity. The good news is we are learning from our mistakes. The creative and tech hubs growing up in London (Old Street, Kings Cross) are woven into the city, not hermetically sealed ecosystems of concrete and glass.

🌿🌟 Dearest Friends and Esteemed Connections, It is with the utmost delight that I, a humble devotee of our fine Regency era, turn your esteemed attention to the most splendid opportunities that abound in the realm of commercial real estate. Just as Lady Whistledown unveils the most delectable secrets of the ton, I too shall reveal why this venture is indeed the crown jewel of investments. In the bustling society of our modern age, the allure of prime office spaces, opulent retail establishments, and grand industrial estates rivals the grandeur of any ballroom. Investors, much like the most ardent suitors at a grand soirée, find themselves irresistibly drawn to the potential for substantial returns and the promise of long-term prosperity. One must not overlook the unparalleled opportunities that Oregon’s commercial real estate market presents. As discerning patrons of industry, you will find that our fair state's growth is akin to a flourishing garden, rich with potential and ripe for cultivation. Thus, I beseech you, esteemed colleagues, to seize this opportunity with the same fervor as a Bridgerton seeking true love. Let us embark on this grand endeavor together, and may our fortunes rise as swiftly as the fortunes of our beloved protagonists. Yours in Prosperity and Elegance, Lady Mathias🌿🌟 -All in good fun. Cheers to Friday and laughing a bit more these days! This is obviously a joke ;) #CommercialRealEstate #InvestmentOpportunities #Bridgerton #OregonRealEstate #ElegantInvestments #humor

In November 2022, my wife and I stood on the half-frozen soil of the 1960s campground we had just purchased. Dozens of rundown cabins needed to be torn down, and mountains of trash had to be cleared just to begin our work. Our vision was to transform this 10-acre property from an outdated campground into a modern glampground, complete with a new brand and experience. But winter was closing in, and the obstacles ahead seemed massive. Therefore, we spent the snowy months planning every detail, knowing spring would be our only window to bring it all to life. When spring arrived, we hit the ground running. But what we thought would be simple turned into our biggest hurdles... Like realizing the grid power couldn’t support air-conditioning in our domes. Therefore, we learned how to install DIY solar to power some of our sites. We also assumed the existing septic systems worked. But one was completely collapsed, an unexpected blow to our budget. The most nerve-wracking part? We had already announced Ferncrest to the world, securing $50k in pre-bookings — locking us into a hard opening date. Finishing everything in time felt impossible. Therefore, we focused on opening part of the glampground by our deadline, gradually adding more as the season went on. In the end, it all paid off. Ferncrest became a thriving glampground, and this journey reshaped my career, pushing me into the growing glamping industry. If I’ve learned anything, it’s that success isn’t about everything going smoothly—it’s about embracing the chaos, adapting on the fly, and thriving in the messiest parts of the process. — Here is a video of the renovation process (which got 6M views on IG!) Follow for more stories like this about how we are building our hospitality business 🙏 .

Another offer agreed from the Canary Wharf (East London) office! Wiverton Tower Pleased to get this deal wrapped up after several weeks of negotiations—another great example of the power of collaboration within my network. Feeling grateful to be in a flow state, maintaining a balanced and composed work rate that feels right. This industry isn’t easy—selling comes with its ups and downs, as most professionals will understand. But I don’t sell; I provide a service to my clients. #PropertyDeal #CanaryWharf #EastLondonProperty #RealEstateSuccess #Collaboration #ClientService #PropertyNegotiation #FlowState #BalancedWork #RealEstateJourney #ProfessionalMindset #PropertySales #ClosingDeals #ServiceOverSales #Gratitude

TruAmerica’s Richard Sodeke recently participated in the "Tracking Trends: Attracting & Retaining Tenants, Property Optimization & More" panel at Connect CRE’s Texas #Multifamily Conference on August 20th. The panel brought together industry experts for an engaging discussion on best practices for attracting and retaining residents. One of the key themes from Richard’s discussion was that tenants value larger floor plans more than additional amenity space. These renter sentiments align with TruAmerica Multifamily’s strategy of focusing on practical amenities rather than headline features. This includes expanding fitness centers, installing electric car charging stations in select markets, and adding grill stations & dog parks. Our goal is to align our amenities with residents’ needs and preferences, underscoring our commitment to building better communities.

#SoldByUs Yielding office unit at Western Heights, 9% R.O.I. Long term lease in place. Do reach out if you're looking to sell or buy. I'd be happy to offer guidance in growing your investment portfolio in #realestate #merchantsofhappiness #commercialrealestate #investinginrealestate

Connecticut needs a statewide strategic plan to rethink and reinvest in its real estate landscape. Many office spaces remain underutilized as remote and hybrid work models continue to be the norm for many businesses. At the same time, retail properties are facing challenges as consumers increasingly shop online, leaving once-bustling shopping centers struggling to find new purpose. Connecticut is at a generational juncture, and it's crucial to transcend our instinct for localized planning and embrace a holistic approach that considers both regional and statewide requirements. Public private partnerships will be a critical tool in this. While private investment signals market trends, substantial public funding is essential to realize this vision. https://lnkd.in/e8dXAtbr

When we first purchased our property on Francis Street, it was far from its former glory. After sitting empty for over 2 years, what was once a beautiful B&B had become uninhabitable. But we saw the potential! ✨ Through hard work, sweat, and the occasional broken nail, we restored and transformed it into a modern, welcoming Serviced Apartment. The renovation journey wasn’t always pretty—there was dust, dirt, and plenty of challenges—but seeing the finished result is so rewarding. Alongside the renovation process, what’s been truly rewarding is the relationships we’ve built with local contractors and businesses. Together, we’ve created a space that not only meets the demands of the market but offers a luxurious experience at an affordable price. Our focus has been on cultivating a business that thrives, providing high-end accommodation that’s both in demand and profitable. This project has been about more than just a transformation—it’s about creating long-lasting partnerships and delivering quality that resonates with the business world. Check out our video to see the behind-the-scenes of how we made this space shine again! #PropertyRenovation #TransformationTuesday #SmallBusinessSuccess #LuxuryAccommodation #BusinessPartnerships #LocalBusinessCommunity #BusinessGrowth #ServicedApartments #RenovationJourney #BehindTheScenes

As Florida’s growth shifts from traditional hotspots to vibrant places like the Treasure Coast and The Villages, innovative redevelopment is essential. The opportunity to adapt and thrive in this evolving landscape is immense, which leads us to explore how to transform B and C office spaces into multifamily housing to meet rising demands. South Florida's expansion has now extended beyond the tri-county area, with remarkable growth spreading into thriving locales in the southwest coast. We’re also seeing significant investor interest and development in areas like Sarasota and Naples. Discover more about these trends and opportunities. Check out the video for more insights! #Colliers #AccelerateFlorida #AccelerateSuccess