Florida Growth, San Francisco Conversions, and Hospitality Sector Trends
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Steve Hamoen

Florida Growth, San Francisco Conversions, and Hospitality Sector Trends

E170 • Jun 29, 2025 • 13 mins

In this episode, Steve Hamoen delves into commercial real estate growth in Florida and San Francisco. He explores Florida's appeal to retailers due to population growth and San Francisco's commercial-to-residential conversions. The episode highlights Peachtree Group's sustainability focus and hospitality trends post-pandemic. Steve shares updates on Florida's real estate market, focusing on developments in Tampa and San Antonio, including The Delphi at Potranco's tenant lineup. The episode concludes with Steve's closing remarks.

Key Points

  • Florida's commercial real estate market is booming due to an influx of financial and technology executives, driving near-zero retail vacancies in areas like West Palm Beach.
  • San Francisco is converting commercial spaces into residential units to address its housing shortage, though rising construction costs pose financial challenges for developers.
  • Peachtree Group is focusing on sustainable property investments and aggressive lending growth, with the CPACE program enabling energy-efficient upgrades for hotel developers.
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