Real estate news and statistics were flying faster than hurricane winds at the Lay of the Land Conference, hosted by Coldwell Banker Commercial Saunders Real Estate, this past April 1st in Orlando. It was the annual conference hosted by Saunders Real Estate that relays the details in Florida’s real estate market; AgAmerica Lending was proud to be the Platinum-level sponsor of the event. Here’s a sneak peek at some of the highlights:
Florida Land Values
Presented by Dean Saunders, owner and broker, this presentation was the impetus for the conference. It focused on verified land value data for The Sunshine State in 2015. Focusing on commercial properties, the data concerned farmland, citrus groves, timberland, ranch/recreational land, conservation easements, and lots/entitled lands.
Updates and Outlooks
For those in land lending, farm lending, and rural property loans, staying on top of the current state of things— and what might be coming in the near future— is always a must. At the conference, an array of experts spoke on what’s currently happening in Florida and the nation, and what’s on the horizon. Mark Dotzour, Ph.D., the Former Chief Economist & Director of Research, Real Estate Center, at Texas A&M spoke on the economic outlook for the country, and Sean Snaith, Ph.D., the Director of the Institute for Economic Competiveness at the University of Central Florida discussed Florida’s economic outlook.
Additionally, Ernie Barnett, the Executive Director of the Florida Land Council, presented updates concerning the Florida Legislature; and Fred Schmidtt, the President and Chief Operations Officer of Coldwell Banker Commercial Affiliates spoke on trends and the commercial real estate market outlook for the nation.
Real estate offers many nuances and market niches that are of special consideration to land loan specialists. The Lay of the Land Conference addressed such topics as well. Paul Genho, Ph.D., president retired, of Farmland Reserve, Inc. gave a presentation titled “Risk, Reward, and Land Appreciation.” Similarly, Eduardo Blasina, the Director of Blasina and Associates, of Uruguay, presented on the opportunities and challenges of connections between Florida and South America.
As the nation’s premier land lender, AgAmerica Lending takes the informational gold and expert opinions presented at such conferences and turns them into real value for our clients. It’s our business to help the country’s farmers and ranchers grow and succeed with our low interest rates, long amortizations, and outstanding 10-year line of credit.
USDA photo by Gail Hendricks