Commercial Real Estate

Coastal Property Investors Face Rising Insurance and Compliance Costs in South Florida

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Coastal Property Investors Face Rising Insurance and Compliance Costs in South Florida

Fort Lauderdale, Fla. – September 10, 2026 -- Coastal rental and multifamily property owners in South Florida face escalating insurance premiums, strict municipal rental rules, and elevated maintenance costs that directly affect cash flow, according to a new analysis featuring Howard Goldberg, Real Estate Expert with RE/MAX Consultants Realty 1.

Flood and wind coverage requirements drive up renewal costs for beachfront owners

Properties near the ocean typically require flood coverage, wind protection, and higher deductibles, expenses that can rise sharply at policy renewal. For multifamily assets, a single policy change affects multiple units simultaneously, increasing the need for financial buffers and consistent oversight across the portfolio.

SEDCO Capital, Wahed Launch Shariah-Compliant Makkah, Madinah Property Fund

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SEDCO Capital, Wahed Launch Shariah-Compliant Makkah, Madinah Property Fund

Jeddah, Saudi Arabia – September 10, 2026 -- SEDCO Capital and Wahed Inc have agreed to launch a publicly offered, Shariah-compliant real estate investment suite targeting Makkah and Madinah, opening institutional-grade access to the Two Holy Cities' property market for retail investors worldwide.

Partnership pairs SAR 50 billion asset manager with New York fintech serving 500,000 investors

SEDCO Capital, a Jeddah-headquartered Shariah-compliant and ESG-led asset manager with more than SAR 50 billion in assets under management, will supply local real estate sourcing and asset-management expertise. Wahed, a global Islamic fintech licensed in nine countries with over $2 billion in assets under management and a 500,000-client base, will provide the digital distribution platform.

Kate Layman Joins Woodsboro Bank, Mental Health Association Boards

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Kate Layman Joins Woodsboro Bank, Mental Health Association Boards

Frederick, Md. – September 09, 2026 -- Kate Layman, founder of commercial real estate firm M.C. Layman, has been appointed to the Board of Directors of Woodsboro Bank and the Board of Directors of the Mental Health Association, marking the company's two-year anniversary with an expanded community presence in Frederick County, Maryland.

Layman brings commercial real estate expertise to a local community bank

The Woodsboro Bank appointment places Layman's background in commercial real estate, property management and business operations on the board of a community bank with longstanding roots in Frederick County.

Second board seat extends Layman's focus to mental health services

Layman's appointment to the Mental Health Association Board of Directors applies the same community-oriented perspective from her real estate work to an organization addressing regional mental health needs.

DAMAC Hits 50,000 Home Handovers, Targets 8,800 More in 2026

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DAMAC Hits 50,000 Home Handovers, Targets 8,800 More in 2026

Dubai – September 09, 2026 -- DAMAC Properties has handed over more than 50,000 homes to date and awarded over USD 2.72 billion in construction contracts during the first half of 2026, as the UAE's largest private developer targets 8,800-plus residential unit deliveries this year.

DAMAC targets 8,800 units across five key communities in 2026

The handover programme spans DAMAC Lagoons, DAMAC Hills, DAMAC Hills 2, Chic Tower and Elegance Tower. The developer currently holds more than 55,000 units and over 100 million sq. ft. of project area in planning and development, laying groundwork for deliveries extending into 2027.

FirstService Residential to Manage 850-Home Del Webb Bexley Community

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FirstService Residential to Manage 850-Home Del Webb Bexley Community

Land O' Lakes, Fla. – September 09, 2026 -- FirstService Residential has been selected to manage Del Webb Bexley Community Association, a nearly 850-home active adult community in Land O' Lakes, Florida, with the transition beginning September 09, 2026.

Single operator to unify association management, lifestyle programming and food & beverage

The partnership consolidates association operations, resident services, amenities, lifestyle programming, and food & beverage under one accountable management team. Del Webb Bexley's amenities include a resort-style clubhouse, an on-site bistro, a fitness center with wellness programming, pickleball and tennis courts, a resort-style pool, outdoor gathering spaces, and walking trails.

Direct Equity Source Buys Three Self-Storage Sites in Granbury

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Direct Equity Source Buys Three Self-Storage Sites in Granbury

Austin, Texas – September 08, 2026 -- Direct Equity Source has acquired three self-storage properties in Granbury, Texas, in partnership with its operations partner, expanding its real estate portfolio in one of North Texas' fastest-growing communities.

Firm targets recession-resistant assets amid population growth

The Granbury acquisitions add to Direct Equity Source's strategy of building income-producing real estate holdings across Texas and other high-growth U.S. markets. The firm cited the region's population growth, rising demand for storage solutions, and a resilient local economy as key drivers behind the deal.

WORQ Wins Frost & Sullivan 2026 Malaysia Flexible Workspace Leadership Award

SAN ANTONIO -- September 01, 2026 -- Frost & Sullivan named WORQ the recipient of its 2026 Malaysian Flexible Workspace Competitive Strategy Leadership Recognition, the research firm announced on Aug. 31, 2026. The award cites WORQ's site-selection discipline, landlord partnership model and transit-oriented network across Malaysia. WORQ, which annual revenue exceeds MYR 50 million, operates as the country's largest coworking provider by footprint.

Frost & Sullivan Benchmarks WORQ Across Strategy Effectiveness and Execution

Frost & Sullivan's evaluation scored companies on two dimensions: strategy effectiveness and strategy execution. WORQ registered strong marks in both categories, according to the firm. Janice Wung, Industry Principal at Frost & Sullivan, said WORQ built its position through disciplined site selection, landlord partnerships and a focus on transit-oriented developments.