03.22.2021
Retail Store Openings Are Surpassing Store Closures
For the first time in years, retailers are opening more stores than they are closing, with 3,199 store opening announcements already this year. This year, more retail stores will open than close, according to a…
Read More03.19.2021
House Introduces SAFE Banking Act
On Thursday, March 18, the "Secure and Faire Enforcement (SAFE) Banking Act of 2021" was introduced by Representatives Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia M. Velazquez (D-NY), and Warren Davidson (R-OH). This bipartisan bill…
Read More03.15.2021
The Suburbs’ Big Moment May Have Passed
Secondary and smaller cities are more likely to be the focus instead of the major markets’ suburbs. Since the early days of the pandemic there has been talk about companies favoring suburban investments over urban…
Read More03.12.2021
Where the Apartment Market Stands One Year After COVID
While a now-improving economy might suggest that the worst is behind us for missed rent payments, there’s still some downside risk. COVID-19 became a real thing for lots of people on March 11, 2020. Over…
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03.12.2021
A New “Untethered Class” of Workers Could Shake Up US Housing Markets
These workers are highly-educated, high-earning, and on the precipice of settling down at a median age of 32. The WFH experiment of the past year has given rise to a so-called “untethered class” of workers…
Read More03.12.2021
Study: Keep Phone Calls With Clients Short
Phone calls are still good for business. They can leave both participants feeling more emotionally connected to the other than a simple text exchange can. Also, studies show that a phone call is better at detecting emotional…
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03.12.2021
Winter Multifamily Outlook Report
Sponsored by: Walker & Dunlop Get the latest economic updates, market news, and trends in the multifamily space. Topics cover student housing, a spotlight on Washington, D.C. and more. Download PDF here. Source: "Winter Multifamily…
Read More03.12.2021
The Truth About 1031s
With some calling for the repeal of like-kind exchanges, practitioners show how the misunderstood provision can be a boon for communities. Key Takeaways: Section 1031, in place since 1921, allows investors to defer paying capital…
Read More03.12.2021
February 2021 Commercial Market Insights
Download (PDF: 1.47 MB) After sales surged in December due in part from the rush to close deals by the end of the year, commercial acquisitions collapsed anew in January 2021, with sales volume down…
Read More03.12.2021
COVID-19 No Longer Main Driver Of Office Demand
New demand was up 21% in January with San Francisco and Los Angeles rebounding most sharply. New demand for office space in core markets—measured by tenant tours of properties across the country—increased by 21%, or…
Read More03.11.2021
Stress Tests Reveal Office Values Could Fall 50% if WFH Sticks
Fitch ran various stress scenarios to determine how telework would impact demand, rent and net cash flow on 2012-2020 vintage office CMBS transactions. If work-from-home trends stick after the pandemic, it could cause a permanent…
Read More03.10.2021
NAR Real Estate Forecast Summit: Commercial Update
On March 10, 2021, NAR held its virtual Real Estate Forecast Summit: Commercial Update event, which provided an outlook on the changing commercial real estate market. A recording of the event will be made available to REALTORS®…
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03.09.2021
U.S. Small Businesses Slightly More Optimistic in February
The National Federation of Independent Business index of sentiment increased by 0.8 points to 95.8. U.S. small-business optimism rose slightly in February even as the month’s winter weather held back economic activity. The National Federation…
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03.08.2021
Create a Personal Safety Plan That Also Avoids Legal Liability
One-third of real estate professionals have felt unsafe during an open house or showing, according to the 2020 National Association of REALTORS® Member Safety Report. Safety remains a priority among real estate professionals and their…
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03.08.2021
Commercial Construction Starts Hit Highest Level In Three Years
Last month 14 projects entered planning with a value of $100 million or more. The Dodge Momentum Index, a monthly measure of nonresidential building projects in planning, hit the highest levels seen in three years…
Read More03.05.2021
FHFA Extends Mortgage Forbearance for Multifamily Owners
The Federal Housing Finance Agency announced Thursday that it will grant more time in forbearance to qualifying multifamily property owners. The program was set to expire at the end of the month but has now…
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03.05.2021
CRE Gets Boost as Economy Adds 379,000 Jobs in February
Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics:…
Read More03.05.2021
General Liability Insurance & Crime Scores: Caution Advised for the Multifamily Property Industry
Download a PDF of this entire article Volume 45, Number 5 By Jeffrey G. Robert, MBA, Ph.D. Many insurance carriers purchase third-party crime scores to further evaluate an insurance portfolio’s exposure to criminal risk.1 However, crime…
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03.05.2021
February 2021 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes February 2021 Commercial Market Trends. This report includes the total number of listings, asking lease rates, asking sales prices, days on the market and total square feet…
Read More03.03.2021
Drive-Thru Lanes Add Value
The drive-thru lane is growing in demand during the pandemic among commercial spaces as more restaurants find it the perfect socially distanced workaround to continue to conduct business. Many restaurants have had limits on seating capacity during…
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03.03.2021
One Way Landlords Are Monetizing Empty Space
Storage spaces aren’t fetching as much in rent as traditional uses, but they are helping property owners cover their expenses. The pandemic has left many offices, gyms, retail stores and restaurants closed for extended periods.…
Read More02.25.2021
Why Multi-Use Industrial Is the New Investor Favorite
Many multi-use industrial properties are now in the heart of population centers, and limited supply has made them a prime target for investors. Multi-use industrial product is a new favorite among industrial investors. A new…
Read More02.24.2021
Retail Developers Will Spend 2021 Adapting to the New Market
The pandemic meant rapid changes for retailers and retail owners. 2021 will be more of the same. The pandemic forced retailers and retail owners to adapt quickly. These changes were different than adjusting business models…
Read More02.24.2021
The Perfect Moment to Negotiate Office Rent
The sweet spot occurs when 75% or more of a market’s peak-to-trough decline has occurred. Office tenants looking for the “sweet spot” to re-enter a market will likely have to move more quickly than during…
Read More02.23.2021
CRE Lending Rose 38% Last Quarter
Higher liquidity, tighter credit spreads drove closings. Commercial real estate lending closed the fourth quarter up 38.2% from Q3, thanks to higher levels of liquidity, tighter credit spreads and a loosening of some underwriting standards,…
Read More02.19.2021
Land Is in Demand: Land Purchases Pick Up During Pandemic
The nation’s leading land brokers report both an increase in business and an uptick in land values as rural land grew in demand last year, according to a new survey of more than 100 land…
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02.19.2021
Small Property Sales Remain Resilient Amid Pandemic
Last year smaller investors were able to keep buying when the pandemic ground institutional markets to a halt. CBRE ranks as the top broker in sales of properties in the $5 to $25 million range,…
Read More02.19.2021
The Small Business Reorganization Act: The Answers You Need to Know
Download a PDF of this entire article Volume 45, Number 4 By Lori A. Schwartz The COVID-19 pandemic and the attendant “stay at home” orders that took effect throughout the country starting in March 2020…
Read More02.19.2021
February 2021 LIN Properties
At the February 2021 Virtual LIN Meeting held on February 17, 11 excellent properties were presented. Thank you for presenting properties and attending the meeting! View the February 2021 LIN properties here. View the February…
Read More02.18.2021
Many Opportunity Zones Post Double-Digit Price Increases
Opportunity zones are proving to be a profitable investment to those who’ve turned to the tax break to redevelop low-income areas across the country. Median home prices increased from the fourth quarter of 2019 to…
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02.18.2021
CRE’s Pricing Disconnect
There is a disconnect in the public and private markets and across sectors. Since COVID hit, there has been a disconnect in the market While listed real estate markets have been volatile and private markets…
Read More02.17.2021
Amid Many Unknowns Here’s What We Do Know About the Office Sector
After a difficult 2020, things should stabilize by 2022. Much of the future of the office sector is cloudy. We don’t know how many people will return to the office. We don’t know when they…
Read More02.12.2021
Multifamily Construction Is Shifting to the Suburbs
About one-third of multifamily building has moved to low-density markets in the suburbs and exurbs, which are seeing populations increase faster than are city centers over the past year, the National Association of Home Builders…
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02.12.2021
Land Poised to Become a More Popular Investment
A migration from cities could push growth in the land market. In a Gallup survey conducted at the end of 2020, 48% of Americans said they would choose to live in a town (17%) or rural area…
Read More02.10.2021
Remote Workforce Leaves New Mexico With More Vacant Office Space
ALBUQUERQUE, N.M. (KRQE) – Since the pandemic hit New Mexico, many industries sent their employees home to work. A lot of those work-from-home setups will likely stick around for the foreseeable future. The changing workforce is…
Read More02.10.2021
Commercial and Multifamily Lending Markets Set Up for Growth in 2021
New reports from MBA predict lending and mortgage maturities to increase this year. Commercial and multifamily lending markets are poised for strong growth in 2021. According to a new report from the Mortgage Bankers Association,…
Read More02.10.2021
Office Pipeline Still Alive Despite COVID-19
Charlotte, Austin lead the way for new deliveries Despite unknowns stemming from work-from-home trends, a slowdown in new leasing, declining job growth and an uptick in real interest rates, the pipeline for the office asset class remains…
Read More02.10.2021
Tracker Shows More Multifamily Rent Payments Are Being Made
Still, the rent payment numbers are much lower than they were before the pandemic. The most recent National Multifamily Housing Council Rent Payment Tracker showed an increase in the number of apartment households that made…
Read More02.09.2021
Another Indicator the Recovery Will Be Fragmented
NAIOP’s latest survey shows increased investment for resilient asset classes, like industrial, but challenges in other asset categories. If the latest impact survey from NAIOP is an indication, the recovery will be a bifurcated one.…
Read More02.09.2021
IRS Extends Opportunity Zone Deadlines Again
CGS3’s Phil Jelsma gives insight on the recent IRS guidelines that extend the timeline to invest capital gains in an opportunity zone fund. A few weeks ago the IRS once again extended the deadline to invest capital…
Read More02.09.2021
January’s Paltry Job Growth Mean a Muted Short-Term for CRE
While grocers and food vendors hired personnel, other retailers cut seasonal jobs. Last week’s disappointing job report highlighted several trends important to the CRE community. From a general perspective, the resurgence of COVID-19 continued to…
Read More02.09.2021
Multifamily Fundamentals Expected to Stabilize By Q2
Net absorption in the fourth quarter was far better than expected. Multifamily fundamentals are expected to stabilize as soon as the second quarter of this year, according to new research from CBRE. In a new…
Read More02.09.2021
Why US Office Demand Is Likely to Slump 15% Post-Pandemic
Work from home and stabilizing densification are among the drivers. Green Street has encapsulated two major trends driving the office sector right now to provide a tangible (and grim) number for office demand post-COVID: -15%.…
Read More02.08.2021
Industrial Continues Its Boom Times Ignoring a Few Looming Clouds
Overbuilding and tenants that are struggling with the pandemic are two possible challenges that the sector might face. Blackstone REIT and LBA Logistics recently partnered to recapitalize industrial properties. BREIT acquired a 60% stake in…
Read More02.08.2021
CRE Pricing Nudges Up In January With Higher Hotel Valuations
Green Street analysis predicts pricing uncertainties will clear sooner rather than later. Pricing across a variety of property sectors remained flat in January, according to the Green Street Commercial Property Price Index—with the surprising exception…
Read More02.08.2021
Office Landlords Need to Beware of These Risks
While an increase in remote work remains enemy number one for the foreseeable future, a score of other factors are also at play. The burgeoning WFH trend shouldn’t be the only thing troubling the office…
Read More02.07.2021
New Mexico Land Commissioner Increases Oversight Of Oil And Gas Operators
Oil and gas operators must abide by their contractual obligations to run productive wells on public lands and clean up when they’re finished — or face a new enforcement hammer. State Land Commissioner Stephanie…
Read More02.05.2021
Despite Headwinds Retailers Expect a Return to Normal in 2021
The pandemic forced retailers to innovate in both offerings and store formats. Even after 2020’s struggles, the retail real estate industry is optimistic about recovery and the future of stores and shopping centers, according to…
Read More02.05.2021
At 70%, Renewals Dominate Office Leasing
A “wait-and-see” approach characterizes most companies’ strategies in 2021. Lease renewals accounted for 70% of office leasing activity in the US in 2020, a significant uptick from 2019 levels. A JLL report released this week…
Read More02.05.2021
Investors Foresee Best ROI in Medical Facilities, Opportunity Zones
What will the real estate investment market look like this year? A new survey by Millionacres, a Motley Fool news service, surveyed 250 of its readers and real estate investing experts to learn their 2021…
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