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Changes Ahead 

Real estate cycles move in conjunction with many economic forces, including interest rate hikes. “During 2016, higher interest rates will signal changes in the commercial real estate cycle,” says 2016 CCIM Institute President Steven Moreira, CCIM, president and owner of SWM Capital Advisors in Longwood, Fla.

Deal Makers 

The Biggest Deal David J. Stevens , CCIM, of Investment Properties Corp. in Naples, Fla., represented Hoffman Commercial Real Estate in the more than $74.3 million purchase of seven buildings including 73,523 sf of street-level retail space and 48,753 sf of office space in Naples from Naples Fifth Avenue