Monday Market Update- July 15th, 2024
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From the Desk of Amy Calandrino at Beyond Commercial
Nationally: The commercial real estate landscape is showing signs of stability after a period of uncertainty. A recent analysis indicates a more balanced market environment, with potential new opportunities for investors in segmented markets. For businesses and investors, this could mean a more predictable CRE market with fewer fluctuations in prices and rents, encouraging longer-term planning and investments. Read more about these developments on [GlobeSt](https://www.globest.com/2024/07/08/stability-starts-to-emerge-in-commercial-real-estate/?slreturn=20240708124407).
In the Office: We have some fantastic news to share about our team at Beyond Commercial! Camryn Pacella, our summer 2024 sales intern, has just earned her Florida real estate sales associate license. We are BEYOND proud of her achievements and her fit within our firm’s culture. Camryn’s dedication is a shining example of our commitment to fostering talent and expertise in the commercial real estate sector. Celebrate Camryn’s achievement and learn more about our unique office culture [here](https://beyondcommercial.com/culture/).
Locally in Florida: The insurance landscape in Florida, particularly reinsurance, is seeing a positive shift, which could impact property owners and developers favorably by potentially lowering the costs associated with property insurance. This is crucial for commercial real estate development and investment, as lower insurance costs could enhance the profitability of projects and encourage new developments. Find out more about these changes in the [Orlando Business Journal](https://www.bizjournals.com/orlando/news/2024/07/08/reinsurance-picture-improves-for-florida.html).
Stay tuned for further updates on these developments and how they might influence your commercial real estate decisions. For more immediate insights and personal consultations, feel free to contact us at [Beyond Commercial](https://beyondcommercial.com).