How Central Florida Investors Are Recalibrating Their Strategies
Lloyd Jones’ Chris Finlay and Starwood Capital Group s James Kane discuss market dynamics and expectations for the area s multifamily market. Feb242021
Image courtesy of Lloyd Jones
Thanks to a favorable tax environment and a relatively low cost of living, Central Florida’s economy has been steadily advancing in the past few years. The COVID-19 crisis, however, has shaken market fundamentals and put the region’s growth on hold.
Nevertheless, the bumpy road ahead hasn’t intimidated Central Florida multifamily investors, who rely on the region’s favorable demographics to sustain housing demand going forward. “Despite all the challenges 2020 presented, Orlando’s population grew by 61,000 residents, which outpaced fast-growing metropolitan areas like Atlanta; Austin, Texas, and Tampa, Fla.,” Lloyd Jones CEO & Chairman Chris Finlay told
Shift4 Payments Releases Transaction Data Update | 0 Shift4 Payments (NYSE: FOUR), the leader in integrated payment processing solutions, has released its report on merchant transaction activity in December 2020 as part of the company’s ongoing series of monthly updates. This comprehensive update provides unique insights into the COVID-19 pandemic’s impact on merchants in various industries, based on the company’s gateway transaction data which it posts daily on shift4cares.com. Shift4 Gateway Transaction Activity (Graphic: Business Wire) Overall, the data shows a decline in transaction activity when compared with November volumes. Most notably, hotels and restaurants across the country experienced a 50% and 40% decline respectively