David Flaxer, MRED’s Post

🏡 Exciting News: Successfully Completed the Fairhaven Housing Simulation! 🎉 Dear LinkedIn Network, I am thrilled to share a significant milestone in my journey towards understanding the complexities of the housing industry. I've had the opportunity to immerse myself in the Fairhaven Housing Simulation, and I'm proud to announce that I've successfully completed it! The Fairhaven Housing Simulation is an intensive and immersive experience that replicates the real-world challenges and decision-making processes faced by professionals in the housing sector. It's been an incredible learning journey, and I'd like to express my gratitude to the Fairhaven team for creating this invaluable educational tool. Throughout the simulation, I've had the chance to navigate through various scenarios, from property management and market analysis to community development and housing policy. It has allowed me to gain hands-on experience in addressing critical issues related to housing affordability, sustainability, and community well-being. Key takeaways from my Fairhaven Housing Simulation journey: 🏠 Holistic Approach: Housing is not just about bricks and mortar; it's about creating thriving, inclusive communities. This simulation reinforced the importance of considering social, environmental, and economic factors in housing development. 📊 Data-Driven Decision Making: Analyzing market data and trends is pivotal in making informed choices. The simulation emphasized the significance of data-driven insights for successful housing strategies. 🤝 Collaboration: Collaboration with stakeholders, from government agencies to nonprofit organizations, is essential for creating lasting positive impact in the housing sector. 🌟 Continuous Learning: The housing industry is dynamic, and my journey doesn't end here. I'm committed to staying updated and continuing my education in this field. I'm excited to apply the knowledge and skills I've gained from this simulation to my current and future endeavors in the housing sector. If you're interested in connecting or discussing housing-related topics, please feel free to reach out. Let's collaborate to make a difference in the world of housing! Thank you for your ongoing support, and here's to many more learning adventures ahead. 🚀 #Housing #FairhavenSimulation #RealEstate #CommunityDevelopment #DataDriven #ContinuousLearning

Discover how Jacksonville's downtown has undergone a remarkable transformation in the last decade, making real estate investment here more accessible than ever! For the past 10 years, the heart of Jacksonville has been on an inspiring journey of renewal and growth. It's true – revitalizing a city center takes time and dedication. In 2012, the Downtown Investment Authority put forth a visionary plan, and from 2014 to now, the downtown population has surged from 3,000 to 7,500 residents. 📈 What does this mean for you? It's not just a moment in time, but a progression built on the contributions of countless individuals, from early investors like John Rude in the early 2000s to visionaries like Alex Coley, who reimagined 220 Riverside in 2013-2015. All this development has set the stage for exciting opportunities in real estate. At JWB, we're part of this transformative journey, and we want you to join us. Our expertise in turnkey rental property investing makes navigating Jacksonville's real estate market easier than you think, even if you're not an expert. This isn't just about downtown; it's about Jacksonville's thriving future. Let's be part of the story together! 💼🏠 #InvestingInJacksonville #DowntownRevival #RealEstateInvestment

🚀 A Game Changer for Kansas City & the Real Estate Scene? 🚀 The buzz around the Kansas City Royals’ decision to build a new downtown stadium has us thinking about more than just baseball. This $2 billion venture, with plans for a mixed-use development, isn’t just a play for better game days; it’s a potential home run for Kansas City’s real estate and business landscape. Imagine the ripple effects: revitalized urban areas, boosted local businesses, and new job opportunities. With the Royals staying in Jackson County, thanks to a proposed extension of a sales tax appropriation, we’re looking at a transformation that could redefine city living and commerce. Yet, as we cheer for economic growth and community development, questions linger. Will this public-private partnership set a precedent for future urban projects? How will this reshape the real estate market in and around downtown KC? Let’s talk about it—how do you see the new Royals stadium influencing Kansas City’s future? Could this be the catalyst for a real estate and economic renaissance? #KansasCityRoyals #RealEstateDevelopment #UrbanRevitalization #EconomicGrowth

#Chicago, a "City of Neighborhoods - Challenges, Opportunities and What's to Come", was the headlining topic of last night's Real Estate Forum, hosted by the LINCOLN PARK BUILDERS OF CHICAGO. The event hosted some 1,000 attendees, all of whom are #RealEstate and real estate-related professionals who operate in and serve the neighborhoods of #Chicago. While the night was full of #networking, #friendship and #celebration, the foundational thread of the evening was highlighting the strengths of the Chicago market, while addressing our current city challenges. Something to note, is that real estate professionals, unlike other investment professionals, are PEOPLE who have a literal stake in the land which they are working on improving. Because of this, real estate professionals have more skin-in-the-game of their local communities than other types of investors, who can more easily liquidate and leave a market when the going gets tough. Right now, when times are tougher, it is the real estate professionals who are remaining committed to their projects and continue working on improving the value of their communities. While I am biased as a #Chicagoan, I have not seen a stronger grass-roots and committed real estate community, than I have seen in this city. Back to the topic at hand. As investment professionals, we acknowledge the economic and political struggles that we're currently working to solve. The solutions to these problems are rooted in Chicago's neighborhoods, which is where we find numerous and extensively diverse communities that contribute to Chicago's diverse #economy, which continues to be one of the most diverse municipal economies in the world. During a time when downtown cores are suffering across the #UnitedStates and vacancy rates climb higher and higher, it is the neighborhoods, through their local shops, event and entertainment spaces, working spaces, housing, public spaces and transportation infrastructures, that are the driving force behind the current growth of municipal economies. And nowhere is this more true, than in Chicago. It was an honor to attend the evening and to see the continued good work and continued commitment coming from Chicago's real estate community.

What constellation of physical and emotional attributes define great urban neighborhoods? In CBRE's recent study — Shaping Tomorrow's Cities — we look at New York’s Financial District as an example, examining what happens when you combine strategic public investments with innovative residential developers who value asset repositioning and storytelling. Read on for valuable lessons from the FiDi playbook:

Read our latest case study where is share my thoughts on the impact of private and public collaboration, specifically on FiDi.

There are several reasons for the high competition in the Boston real estate market: Strong Economy: Boston boasts a robust economy driven by industries such as technology, healthcare, education, and finance. With a thriving job market and ample opportunities for employment, the city attracts a steady influx of new residents, increasing demand for housing. Educational Institutions: Boston is home to some of the world's most prestigious universities and colleges, including Harvard, MIT, and Boston University. The presence of these institutions not only attracts students and faculty but also contributes to a highly educated workforce that drives demand for housing in the area. Urbanization Trends: Like many major cities, Boston is experiencing urbanization trends, with more people opting to live in urban areas close to amenities, entertainment, and public transportation. The desire for urban living fuels demand for properties in downtown and adjacent neighborhoods, leading to increased competition among buyers. #BostonHomebuyers #StephCrawfordRealty #bostonrealestate #realestate #boston #bostonrealtor #realtor #realestateagent #backbay #southend #beaconhill #askSteph

Our local leaders have a huge impact on the success of our communities and investments. Since coming to Georgia I decided to research Atlanta’s Mayor Andre Dickens. Since taking office in January 2022, Mayor Dickens has influenced Atlanta's real estate landscape through various initiatives. Here are a few: 1. Affordable Housing: Launched projects to add over 5,000 affordable housing units, aiming to address the city's housing needs. 2. Development Projects: Supported sustainable urban growth with initiatives like the Atlanta BeltLine expansion and the Gulch redevelopment, intended to revitalize underutilized areas. 3. Regulatory Improvements: Implemented measures to streamline permitting and zoning processes, aiming to reduce bureaucratic obstacles for developers. 4. Public-Private Partnerships: Facilitated collaborations between the city and private developers, resulting in mixed-use developments like Westside Park and Centennial Yards. Mayor Dickens' term is set to run until January 2026. It will be interesting to see how these initiatives will shape Atlanta’s real estate sector. What do you think are the most critical factors shaping Atlanta’s real estate market right now, and how do you see them influencing future investment opportunities? #Atlanta #RealEstate #UrbanDevelopment #AffordableHousing #Leadership #Sustainability

🌆 When investing in Commercial Real Estate, it's important to consider what neighborhood you are investing in and how your development will impact that neighborhood. For example, we've taken a cluster investing approach in Jacksonville's Historic Springfield, where we've invested in several historic buildings. As we revitalize these structures to be functional for the community, it provides residents with access to new businesses and amenities that they wouldn't have otherwise. 📈 #PropertyInvestment #CommercialRealEstate #RealEstateDevelopment #RealEstateInvesting #HistoricBuilding #ClusterInvesting

Spotlight on North Hyde Park: Jade's New Chapter! We're seeing significant moves in Tampa's real estate as a San Francisco-based firm takes over the Jade apartment complex for $50.8 million. With 192 residential units and 3,100 square feet of retail space, Jade is a cornerstone in North Hyde Park. Why does this matter? Tampa's average rental prices have been climbing, reflecting both the city's growth and its appeal to external investors. In the last year alone, average rents in Tampa rose by approximately 5%, a trend influenced by both local demand and the influx of sophisticated capital from markets such as California. These out-of-state investments can increase property values and rents, impacting affordability and accelerating neighborhood improvements and economic growth. This dual-edged sword poses the question: How do we harness these investments for community benefit while maintaining Tampa’s unique charm and livability? Let's dive into the implications of external investments on Tampa's housing market and talk about strategies for balanced growth. I'd love to hear everyone’s insights! #TampaRealEstate #NorthHydePark #InvestmentTrends #CommunityDevelopment #EconomicGrowth