Michael Gerrity, Founder & 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.
It's official. Soccer star David Beckham will bring an MLS franchise to the city of Miami. Mr. Beckham held a highly-anticipated press conference yesterday alongside MLS commissioner Don Garber and Miami-Dade County mayor Carlos Jimenez.
The securitization market involving debt tied to single-family homes is reemerging as a hot topic in Wall Street, but the source for the debt is different this time around.
With Super Bowl 48 just a few days away, visiting fans might still be able to find a place to stay, but at a very high price. Hundred of thousands of visitors are expected in the New Jersey-New York region to watch the Denver Broncos and Seattle Seahawks play at the Super Bowl.
Nakheel, one of Dubai's leading developers and a poster child for the debt crisis in 2009, expects to have nine hotel projects under development by 2016. The developer plans four new hotels on Deira Island.
Home sales in California dropped for the fifth consecutive month in December, as tight housing inventory and higher home prices kept would-be buyers on the sidelines. The slump in sales during the second half of the year resulted in a 5.9 percent drop in yearly sales.
Builder confidence for newly-built, single-family homes fell in January, after reaching a record level in December. The housing market index fell one point to 56 from a revised December reading of 57.
The State of Florida's official tourism arm will receive a record $100 million in annual funding to increase marketing to domestic and international visitors, a move that could prove beneficial to hotel owners and investors.
Building permits in Canada fell in November, providing further evidence of a cooling housing market. The number of permits dropped 6.7 percent in November, more than double the three percent drop predicted by analysts.
Dubai home values increased more than 30 percent last year, stirring concerns of a bubble burst repeat. Taking a proactive stance, Dubai is planning to implement new rules to control speculation on properties sold before they are built.
Chinese property developer Greenland Holding Group will invest £1.2 billion ($1.97 billion) in two London development projects, marking its entry into the U.K. market. The state-owned developer will purchase the historic Ram Brewery development site valued at £600 million.
U.S. construction spending increased by the fastest rate in four years, according to data released by the Commerce Department. Construction spending increased 1 percent in November to a seasonally adjusted annual rate of $934.4 billion.
WPC News is pleased to announce a multi-year news syndication marketing partnership agreement with the Greater Tampa Association of Realtors (GTAR). The agreement is the latest step in an expansion campaign for WPC's News Syndication Service.
World Property Channel has launched our Chinese language property news site to accommodate the property information needs of China's massive and yet under-served real estate market.
The violent street protests that have rocked Turkey are rooted in years of political and religious tension, but the recent conflict was ignited by anger over development in the country. The initial conflict stemmed over plans to redevelop Gezi Park.
Yesterday Fed Chairman Ben Bernanke addressed Congress' Joint Economic Committee, and delivered a surprising message of how quantitative easing is an unuseful tool and that a Fed tapering of liquidity could begin over the next two meeting sessions.
There has been a shift in the Panama property market, reflecting a phenomenon that is happening in real estate markets around the world. Finding high-end homes for sale is "growing increasingly difficult for foreigners,"
What does Tokyo have in common with the Miami and Dubai property markets? A tidal wave of foreign property investment is flooding the market due to currency exchange rate fluctuations.
CNN recently focused on an interesting new phenomenon in Beijing-couples are getting divorced to buy more condos. The Chinese government recently started to enforce a 20 percent capital gains tax on any Chinese household for selling a second home.
Jobs data released today is welcome news for the U.S. housing sector. Jobs drive real estate markets and fears of a stalling economy based on prior month's disappointing job numbers has been weighing on the market.
Red Frog Beach is a new luxury resort emerging in the Bocas del Toro region of Panama. The archipelago is home to some of the most stunning scenery in the tropics.
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