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- CoreCast ProtoType Underway!
CoreCast ProtoType Underway!
Check out the recording
Prototype Demo: A First Look at What We’re Building
Check out the private video below that no one else gets access to. Feel free to share the video with anyone else you think may have an interest in using CoreCast!
While CoreCast is still in a raw state, it offers a great preview of where we are headed.
In the video, you will see the beginning stages of
our underwriting tool, which simplifies deal analysis,
our pipeline tracker for managing opportunities,
a portfolio rollup that gives a high-level financial view, and
an investor portal designed to streamline communication and reporting.
These core features are shaping up to be a game-changer for real estate professionals.
Even since recording this demo, we have already made sweeping improvements to the platform. The feedback we are receiving is helping us refine workflows, enhance usability, and make the experience even more seamless.
This is just the beginning, and we are moving fast. If you are curious to see the prototype and follow along as we continue iterating, stay tuned—we will be sharing more updates and opportunities to engage soon.
If you want to get even more insights and experience the product firsthand, sign up to be a beta tester for just $50. The first 50 beta testers will get four months of access for $50 total before the monthly subscription kicks in. This is your chance to shape the platform, test features early, and provide direct feedback as we continue building.
Click the button below if you are interested—we would love to have you on board!
Market Update - Orlando
As of the fourth quarter of 2024, Orlando's commercial real estate market exhibited varied performance across different sectors. The office market experienced a slight increase in vacancy rates, with the total vacancy rate rising to 15.0%, up from 14.2% in the previous quarter. This uptick was accompanied by a negative net absorption of 41,646 square feet, indicating a modest decline in occupied office space. Despite these challenges, average direct asking rents across Orlando rose to $26.75 per square foot, reflecting a 2.5% increase from the previous quarter. Downtown Orlando commanded the highest rents, averaging $32.07 per square foot.
The industrial sector faced rising vacancy rates, reaching a nine-year high of 9.3%, marking a 240 basis point increase year-over-year. Approximately 3.7 million square feet across 26 industrial projects were under construction, with 23% of that space pre-leased. Average asking rates saw a modest year-over-year increase of 2.6%, reaching $8.82 per square foot.
In the multifamily sector, national trends indicate a positive outlook. The overall U.S. multifamily vacancy rate decreased to 4.9% in Q4, slightly below the long-term average of 5.0%, suggesting strong renter demand. The supply of new, for-rent housing has largely outpaced demand in the Orlando MSA, with the vacancy rate rising to 10.6% as of the end of 2024.
What market should we update on next? |
1 CBRE - Office
2 CBRE - Industrial
3 CBRE - Multifamily & Other Q4 2024 Figures
4 Matthews Citing CoStar - Multifamily
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