Author ARCHIVES
Michael Gerrity
Michael Gerrity, Publisher & CEO - WORLD PROPERTY CHANNEL™
Besides running the day to day operations of the WORLD PROPERTY CHANNEL, 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 CHANNEL, 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.
(CAP CANA, DOMINICAN REPUBLIC) -- Solaya Hotels & Resorts, a privately held company with its main interest in the development of ultra-luxurious boutique hotels, is making final preparations to their new Eden Roc Resort at Cap Cana. Read More
This week CBRE arranged the sale of a 50 acre site near the Walt Disney World Resort in Orlando, Florida on behalf of the seller, UBS. The site is located east of Downtown Disney, along Interstate 4 at Meadowcreek Boulevard. Read More
Based on CoreLogic's first national foreclosure report, foreclosures nationally in the U.S. totaled 830,000 in 2011 compared with 1.1 million in 2010. Read More
As lenders converge at the Mortgage Bankers Association conference in Atlanta this week, borrowers will keep a close eye on the amount of debt and equity capital raising planned by commercial banks, life companies and private investors in 2012. Read More
While economic uncertainty still affects the main commercial real estate centers around the world, according to Jones Lang LaSalle's new suite of global forecasting reports, real estate markets worldwide are showing steady improvements. Read More
Based on Jones Lang LaSalle's Year End 2011 Global Capital Flows Report, there was US$410.6 billion of direct commercial investment in 2011, a 28 percent increase over 2010. Read More
Based on Jones Lang LaSalle's latest Asia Pacific Residential Index, which tracks eight luxury residential markets in the region, found that average capital values rose marginally by 0.2 percent in quarter four 2011, compared to the previous quarter. Read More
Based on new research from CBRE Germany, transaction volumes across German residential property portfolios of more than 50 units increased by 44 per cent year-on-year to €6.12 billion (USD $8 billion) in 2011. Read More
(KOH SAMUI, THAILAND) -- The buzz is growing about the stunning, contemporary villas at The Residences at W Retreat Koh Samui with the sale reservation of all four Beachfront Residences within two months of its launch in Hong Kong. Read More
Based on a new global office market report by Cushman & Wakefield, Asia-Pacific - most notably Beijing - is experiencing a boom in office rents fuelled by rising demand and increasingly limited supply. Read More
Based on CoreLogic's December Home Price Index (HPI) report, home prices in the U.S. decreased 4.7 percent in 2011 compared with December 2010. Read More
This week President Obama announced his latest plan to revive the U.S. housing market, outlining a plan to help homeowners take advantage of record low mortgage rates, even if they are upside down and owe more than their homes are worth. Read More
According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 27, mortgage applications decreased 2.9 percent from one week earlier. Read More
This week CBRE reported that they had arranged $250 million in debt financing for the acquisition of Hess Tower, a 844,736-square-foot, Class AA trophy office asset in the Houston CBD. Read More
Based on Jones Lang LaSalle Hotels' latest Hotel Investment Outlook report, hotel investment activity is expected to remain stable across Europe, the Middle East and Africa (EMEA) during 2012 with $11 billion worth of deals forecast for the year, reflecting transaction volumes similar to 2011 levels. Read More
According to S&P/Case-Shiller's latest Home Price Indices, U.S. home prices declined 1.3% for both the 10- and 20-City Composites in November over October. For a second consecutive month, 19 of the 20 cities covered by the indices also saw home prices decrease. Read More
St. Moritz is a property market that embodies a combination of winter sports and sophisticated lifestyle that seems to be immune to the Eurozone debt crisis and the overall global economic slowdown. Read More
According to Jones Lang LaSalle's latest Asia Pacific Office Index, office markets in Asia Pacific experienced mixed fortunes in the fourth quarter of 2011. Despite a slowdown in average office rental growth and capital values, growth in some markets continued whilst others saw a slowdown in growth rates. Read More
Over 83% of real-estate professionals think sustainability is the highest priority strategic issue facing office real estate decision-makers over the next ten years according to a new report by Jones Lang LaSalle (JLL). Read More
As world leaders gather at the World Economic Forum annual meeting in Davos, Switzerland to address global economic challenges, a new report by Jones Lang LaSalle reveals that more than half of all global real estate investment resides in 30 cities. Read More
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