10.26.2022
The Trend is Clear: Multifamily Construction on the Rise
Housing starts dropped in September below the historical average of 1.5 million homes as both single-family home construction and multifamily apartment building slowed down. Nevertheless, the number of housing units under construction rose to 1.7…
Read More10.25.2022
Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.
As U.S., like the rest of the world, continues to grapple with stubborn inflation (at 8.2 percent in September), there are worries that consumer spending is going to falter and impact industrial owners’ ability to raise…
Read More10.25.2022
NAIOP Survey Says Sharp Increase in Cap Rates Among Many Headwinds
NAIOP echos what many are seeing ahead for commercial real estate: tougher times ahead. Its NAIOP CRE Sentiment Index reveals that overall sentiment is down from the spring as respondents expect unfavorable conditions during the…
Read More10.25.2022
Congress Had a Great Idea That It Absolutely Won’t Pass This Session
In the annals of wishful thoughts of what could have been, the National Multifamily Housing Council brought up a bill filed in the House and Senate last year, which is likely out of time. Known as S.2511 in the…
Read More10.25.2022
Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.
As U.S., like the rest of the world, continues to grapple with stubborn inflation (at 8.2 percent in September), there are worries that consumer spending is going to falter and impact industrial owners’ ability to raise…
Read More10.24.2022
How Institutions Are Managing Climate Risk Within Real Estate Investment Portfolios
The increasing severity and frequency of climate-related extreme weather events is one of several factors pushing commercial real estate owners and operators to step up efforts to analyze climate risk within portfolios. Institutional investors in…
Read More10.24.2022
Renters Hit Breaking Point in a Sudden Reversal for Landlords
(Bloomberg)—After a record surge in housing costs and ballooning expenses for everything from food to energy, America’s renters have had enough. Rent gains are finally starting to slow in many parts of the US, cooling…
Read More10.24.2022
Cell Phone Towers Log Solid Returns as an Alternative Real Estate Investment
While the core commercial real estate sectors including industrial and multifamily have garnered the attention of many investors, smaller asset types, such as, cell phone towers have flown under the radar screen despite logging a…
Read More10.21.2022
Existing Industrial Outdoor Storage Highly Sought
A combination of strict zoning requirements, unfavorable building-to-land coverage ratios, and municipal development restrictions has confined many developers to traditional industrial properties, suppressing additional supply. Therefore, existing IOS facilities “have become increasingly coveted by industrial…
Read More10.20.2022
Department of Labor Proposed Rule Takes Aim at Independent Contractors
Last week, the Department of Labor released a long-expected proposed rule that attempts to more clearly define the characteristic and status of independent contractors — a category that includes the construction industry and realtors. That…
Read More10.19.2022
Office Sales Volume Declining In-Step with Interest Rate Hikes
As the U.S. economy emerged from the pandemic-induced recession, office sales volume began to improve in the second quarter of 2021 and into the first quarter of 2022. Lately, however, in the wake of the Fed’s multiple…
Read More10.19.2022
October 2022 LIN Properties
At the October 2022 LIN Meeting, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the properties here. View the Thank Yous here.
Read More10.18.2022
CRE Investors Brace Themselves for More Inflation and Then Recession
It’s been a long, strange trip since the earlier part of 2022, according to new survey research out from Lightbox. From a relatively rosy outlook on the markets months ago, things have taken a turn…
Read More10.18.2022
Rent Control Heats Up Amid Challenges From Industry
Multifamily leaders weigh in on local legislation and ballot measures that have nationwide implications. Kingston, N.Y., a picturesque town on the Hudson River 90 miles north of New York City, could be a sign of…
Read More10.17.2022
High Interest Rates Won’t Break the Bank for Apartment Investors
High interest rates are stressful. But don’t expect rising interest rates to break the bank for many apartment investors—even as some are forced to refinance lower interest loans with new, high-interest debt, according to economists.…
Read More10.17.2022
New Apartment Construction is Booming in Albuquerque, NM
The U.S. faces a severe – and worsening – housing crunch. The country is short around 3.8 million housing units to meet demand, according to estimates from Up For Growth, a research organization focused on…
Read More10.16.2022
Please Review Updated CIE Rules and Regulations
The CARNM Board approved changes to the CARNM CIE Rules and Regulations, which are red-lined. Since these changes affect CIE participants, we encourage you to review the updated changes to the CIE Rules. Pursuant to…
Read More10.14.2022
Significant Declines in CRE Sales Volumes Hit in August
If anyone wondered if and when the run on commercial real estate sales would top off, the answers are “yes” and “August.” Colliers, working with that month’s data from Real Capital Analytics, said, “Meaningful declines…
Read More10.13.2022
Medical Office Deals Slow Down as Rising Rates Reset Price Expectations
Rising interest rates and the threat of an economic downturn have slowed real estate investment sales across the board, including in the medical office sector. But the decline in sales of medical office assets is…
Read More10.13.2022
Medical Office Deals Slow Down as Rising Rates Reset Price Expectations
Rising interest rates and the threat of an economic downturn have slowed real estate investment sales across the board, including in the medical office sector. But the decline in sales of medical office assets is…
Read More10.13.2022
Medical Office Deals Slow Down as Rising Rates Reset Price Expectations
Rising interest rates and the threat of an economic downturn have slowed real estate investment sales across the board, including in the medical office sector. But the decline in sales of medical office assets is…
Read More10.12.2022
Logistics in the spotlight of industrial real estate as eCommerce grows
As eCommerce has rapidly grown in the space of a few years, its corresponding effect has been a booming industrial real estate market. The COVID-19 pandemic also contributed to the rapid increase in people shopping…
Read More10.12.2022
This CRE Analyst Says the Fed is Oversteering
The Fed “has pushed us into an inflection point,” according to one industry watcher, and “may be oversteering” as additional rate hikes loom before year’s end. “I think the Fed may be oversteering,” Marcus &…
Read More10.11.2022
Where CRE Is Beginning to Lag
Demand and rent growth for apartments slowed in the third quarter, in a sign of a potential overall slowdown for commercial real estate more generally, though industrial demand continued unabated “While the industrial boom continues…
Read More10.11.2022
Malls Can Still ‘Change’ In Time for the Holidays
September created an opportunity for malls to take a significant step forward, with signs that some of the economic headwinds were dissipating, according to a report this week from Placer.ai. However, there is still ground…
Read More10.11.2022
In Challenging Times, Do the Right Checks on Your Tenants
Here’s a bad combination of factors in the office segment of CRE: most businesses expect a recession in the near future, and although office vacancy is about 15.1%, occupancy is somewhere between 43% and 44%. The former means…
Read More10.11.2022
OFFICE DISRUPTION: OVER A THIRD OF OCCUPIERS CONSIDER COWORKING FOR IN-OFFICE WORK
Vacancy rates at record levels in the US confirm that office tenants have preferred remote and hybrid working arrangements since the beginning of the pandemic. Recent data from the Census Bureau shows that the number…
Read More10.10.2022
Amazon Underwriting ‘Outbidding the Whole Market’ for Industrial
John Basile, Executive Vice President, Industrial Services, NAI Hiffman, tells GlobeSt.com that rising escalations are indicative of a market that was (is) extremely tight, with landlords able to push rates, in part, because of Amazon…
Read More10.10.2022
Big Box Market Booms Despite Economic Headwinds
Buoyed by increased demand from third party logistics providers, the big box corner of the industrial market is poised for growth despite lingering economic uncertainty. While e-commerce growth has waned somewhat as of late, TPL and…
Read More10.07.2022
Time Is Fleeting: Lending Approval Explained
Ask Google, “How long does it take to get a business loan?” Same-day approval! Get fast funding! Approval in hours!, etc. are just a few of the marketing slogans that pop to the top of the web search…
Read More10.07.2022
Industrial Landlords, Tenants ‘Jousting’ Over Asking Rents vs. Taking Rents
Accelerated rent growth nationwide in the industrial real estate sector might not be so much tied to inflation, but rather vacancy rates, according to a new report from Cushman & Wakefield. The current vacancy rate…
Read More10.06.2022
How Much Hurricane Ian Disrupted the Supply Chain
With property damage from Hurricane Ian currently estimated at $60 billion, it will likely be second only to Hurricane Katrina as the most destructive storm in U.S. history. But that estimate doesn’t take into account…
Read More10.05.2022
October 2022 CCIM Deal Making Session Properties
Thank you to all of the brokers, sponsors, and guests who attended the October 2022 CCIM NM Deal Making Session & Forum and to those who shared their properties. Click here to view source PDF. Click…
Read More10.04.2022
Multifamily Developers Turn Some Dead Office Space into Apartments
Some of the biggest names in the multifamily sector are celebrating flashy new redevelopments that transformed old office towers into gleaming, luxury apartments. But difficult floorplates, zoning regulations and expensive redevelopment costs all make it…
Read More10.04.2022
US Office Sector in ‘Uncharted Territory’ as Future of Work Remains Unclear
The US office sector is in “uncharted territory,” according to a sector report from Colliers, as debate rages on about the future and importance of physical office space to companies and employees alike. “The office…
Read More10.04.2022
Multifamily Developers Turn Some Dead Office Space into Apartments
Some of the biggest names in the multifamily sector are celebrating flashy new redevelopments that transformed old office towers into gleaming, luxury apartments. But difficult floorplates, zoning regulations and expensive redevelopment costs all make it…
Read More10.01.2022
October 2022 Commercial Market Insights
After the strong rebound for the U.S. economy in 2021, growth in 2022 has slowed in the face of rising inflation, the household incomes squeeze, and geopolitical events. While the economy continues to deal with…
Read More09.30.2022
Some Landlords Hitting Pause On Sustainability Projects As Costs Skyrocket
With a third large interest rate hike last week, an increasingly tough financial environment is starting to crush property owners’ willingness to spend on environmental compliance and green improvements. “A lot of people are value-engineering their projects, figuring out how…
Read More09.29.2022
The Co-Working Sector Is Set for a Major Boost. But There Will Still Be Growing Pains.
After recovering rather quickly from the pandemic, the co-working sector is now growing at an accelerate rate. A more geographically distributed workforce and commonplace hybrid work policies are benefitting flex space operators, according to industry…
Read More09.28.2022
How COVID-19 Changed Retailers’ Site Selection Strategies
In our post-COVID era, a new trend is emerging in retail that is changing how these businesses operate. Retail stores that have traditionally only been seen in shopping malls are now moving out and finding new…
Read More09.27.2022
Why the Once-Routine ‘Design, Bid, Build’ Process is So Out of Whack
Trying to determine and act on the next construction material that reaches high-scarcity levels is confounding the construction industry, according to a new Construction Outlook report from JLL. “Volatility around materials is hitting developer’s wallets…
Read More09.27.2022
It May Start to Look Different but Hybrid Work Is Here to Stay
Hybrid work may be here to stay, but it’s taking on a different form than many originally imagined at the onset of COVID-19. The market is still slumping, with data from Kastle Systems from August…
Read More09.27.2022
Fannie Mae Announces Rent Reporting Help for Property Owners
Fannie Mae has a new plan to help renters improve their credit scores by helping landlords pay for rent reporting to credit agencies, according to a report from USA Today. GlobeSt.com reached out to Fannie Mae…
Read More09.27.2022
How Façade Ordinances Help Protect Aging Building Infrastructure
Facade assessments are increasingly crucial for public safety. Here’s how to plan and budget effectively./DECK--> Cities across the country are adopting and implementing façade ordinances in an effort to maintain public safety and ensure that…
Read More09.26.2022
Net Lease Retail Valuations Finally Cracking Under Interest Rate Pressure
After a prolonged period of stability, interest rate hikes are finally making a ripple in the net lease retail market. “Transaction velocity has not slowed nearly as much as we might have expected given the quick…
Read More09.23.2022
Leading Economist Says, ‘We’re in an Emotional Recession’
“I can’t find a recession in the data, but I can find it everywhere else you read or hear about the economy. But I just don’t see it.” That was the key reading from Marci…
Read More09.23.2022
Warehouses Filled to Capacity Are the New Normal
As the pandemic wanes, businesses large and small—and the logistics networks that move their goods—are dealing with earthquake-sized aftershocks that will take years rather than months to sort out. Logistics networks that are the backbone…
Read More09.22.2022
How Are CRE Lenders Responding to the Fed’s New Loan Workout Recommendations?
Incorporating lessons learned from providing relief to financial institutions during the Great Financial Crisis, the Board of Governors of the Federal Reserve, the Office of the Comptroller of the Currency, FDIC and the National Credit…
Read More09.21.2022
High Interest Rates Are Slowing Down Self Storage Dealmakers
Fewer deals are getting done to buy self-storage properties. Fewer owners are offering their properties up for sale and fewer potential buyers are bidding. The main culprit for the slowdown? Higher interest rates. One reason…
Read More09.21.2022
September 2022 LIN Properties
At the September 2022 LIN Meeting, 2 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the properties here. View the Thank Yous here.
Read More
