Analysis

The decision signals the need for Florida's lawmakers to consider legislative amendments to the state's condominium laws specifically addressing the authority over common elements at condo-hotel properties.

The majority of registered voters from both parties want to see these initiatives put in place.

Three quarters into the COVID crisis, distressed sales again account for 1% of transactions.

Retail, automotive and travel are among the most distressed sectors of the US economy.

In 2020, Los Angeles office leasing totaled only 10 million square feet, driving the vacancy rate to 22.5%.

"The beginnings of a transaction recovery are forming," says Marcus & Millichap's John Chang in a new research report.

Demand is likely to increase in secondary markets as workers remain dispersed.

While economic growth should accelerate, the labor market will recover more slowly.