Real Estate News

EV Charging Stations are close to mainstream. Here's what landlords need to know.

March 12 2021

Can stores and malls boost traffic and sales in the years ahead by installing more electric vehicle charging stations? It all depends on whether EVs, which are still a small part of the car market, can accelerate from buzz into the mainstream...

Eruption ahead: Pent-up demand will drive the economy

January 08 2021

January has long been the time for market predictions, for economists to put their nickel down on which way the dollar will go. But how do you do that following the most fractious three quarters in living memory?

Colliers International Valuation & Advisory Services National Self-Storage Insights

January 01 2021

Colliers International Valuation & Advisory Services (CIVAS) is a leading provider of real estate valuation and consulting services that plays a pivotal role in today’s business climate.

Pembrook Provides $17 Million for acquisition of Six Apartments in Ohio

December 17 2020

Pembrook Capital Management LLC is providing a $17.7 million loan for the acquisition and renovation of a value-add multifamily portfolio made up of six buildings and 275 units in Shaker Heights, Ohio.

Michigan company acquires Clay's Park Resort

December 17 2020

The family that has owned and operated the popular Northeast Ohio destination for the past 73 years has sold the 305-acre property to a Michigan company.

CRE Pros Laud Biden’s Proposed Changes to Opportunity Zone Program

December 07 2020

Biden and his team contend that the program has fallen short of its promise of bolstering communities of color, small businesses and homeowners.

Creating cleaner air for those in our buildings

November 18 2020

Health and safety are taking precedence over all other concerns as the entire world re-emerges from the pandemic. COVID-19 has sparked a major shift in priorities, and as such, a shift in responsibility for operators of the commercial scene.

Properties: Financial strategies, art vs. science

October 01 2020

One constant challenge among real estate owners is what I'll call the "bird in the hand vs. two in the bush" dilemma. Suppose I own a 1960's-vintage shopping center. The property is showing its age a bit, mostly occupied by with local retailers...

The Industrial Sector: No End In Sight Of Its Success

October 01 2020

Although the pandemic has ravaged many commercial real estate sectors, the industrial market continues to thrive and attract enormous interest from lenders, investors, and REITs. On account of the increase in e-commerce and the continued need...

You might be surprised who's moving to those sad, abandoned malls

September 18 2020

Consumers will still be heading to malls in the future. But their trips might have little or nothing to do with shopping. With mall vacancies accelerating at a rapid clip amid a surge in online shopping, landlords are quickly looking for other...

Office life: second thoughts about remote work

August 14 2020

Some companies are losing patience with the work-from-home experiment, said Chip from the Wall Street Journal. At the start of the pandemic, "employees at many U.S. companies went home and did something incredible: They got their work done".

SIOR Snapshot Sentiment Survey

July 15 2020

Official SIOR members give their feedback regarding COVID-19 and the changes they have faced within the Office and Industrial property types.

When will your city feel the fiscal impact of COVID-19?

March 31 2020

The economic impacts of COVID-19 are already shaping up to be significant, yet uneven, across the country. Not only are workers and businesses affected, but so too is the fiscal capacity of governments that rely on a healthy economy for their...

An Updated 2020 Outlook Expectations for the Year Ahead

March 20 2020

CBRE expects GDP growth will slow to 0.4% in 2020, down from our previous estimate of 1.9%. The COVID-19 outbreak will cause a sharp drop in economic activity in Q2. As early as Q3 2020, activity will begin to stabilize and a recovery is expected...

How restaurants use real estate in the age of delivery and takeout

March 18 2020

Restaurants are changing the way they use real estate as consumers demand the freedom to dine at home, at work or on the go.

Commercial Real Estate Moves Into Uncharted Territory

March 10 2020

The 10yr UST looks like it will average less than 1% for all of March. That level and the emergency move by the Federal Reserve to push the target fed funds rate to 0% are unlike anything the economy has seen before. These shifts into uncharted...

COVID-19 Impacts on Commercial Real Estate

March 03 2020

The economic disruption caused by COVID-19 and the effort

Are micro apartments the new trend?

January 20 2020

For years, renters have judged the value of their new rental home by balancing the price per square foot, its location and the quality of the construction. The larger the unit, the more the perceived value, as historically speaking renters have...

7 Predictions for 2020

January 10 2020

7 Predictions for the restaurant retail sector and how it will change throughout 2020.

Apartment building permits soar to a four-year high amid rental boom

December 16 2019

Permits to build new apartment buildings in the U.S. are surging as a bulging population of millennials fuels demand for rentals and low interest rates ease construction financing costs.

Opportunity zones vs 1031 exchanges

April 17 2019

While the tax benefits of Section 1031 exchanges in commercial real estate are well-known to most real estate professionals, the new qualified opportunity zone program now offers another approach to deferring or eliminating taxable gain.

Retail Analysis - Use these tools to determine the feasibility of a project and its ultimate go/no-go decision

April 17 2019

The retail industry is tougher than ever, especially with the pervasive influence of e-commerce. Having the skills and tools to make informed decisions is critical. One such tool is the retail property feasibility analysis featuring the CCIM...

For hotels, it’s all about the experience

February 13 2019

Brand loyalty used to drive hotel guests’ decisions, but there’s been a shift toward experience. In order to balance guests’ desires for convenience and exclusivity, the hospitality industry has had to transform, offering the loyalty points,...

Law Firms Slow to Adopt Progressive Office

February 02 2019

Law firms in particular have been slow to adopt amenitized lifestyle office spaces, according to a recent survey from BDO. Law firms have been among the slowest industries to adopt new workplace strategies, according to the 2018 Law Firm Workplace...

Commercial Property Owners Enjoy Holiday Gifts

January 10 2019

Recent decisions empower challenges to increased tax valuation from property sales.

What Will 2019 Look Like in Commercial Real Estate?

January 04 2019

This past year may have been the year of coworking and tech companies dominating New York City’s commercial real estate market—with Google’s $2.4 billion purchase of the Chelsea Market building and Amazon bringing one of two new headquarters...

ZELMAN ON 2019: GET READY FOR FLAT TO DOWN

January 04 2019

Newly 'cautious' view calls for a slog through the first half, with improving trends in the back half going into 2020.

How A Prolonged Government Shutdown Could Impact Commercial Real Estate

January 03 2019

The federal government shutdown entered its 13th day Thursday, just the eighth shutdown ever to eclipse the 10-day mark. The shutdown has begun to impact facets of the commercial real estate industry, from multifamily loans to government contracts...

Opportunity Zones Provide Developers a Chance to Bring Life into Struggling Neighborhoods

December 18 2018

Developers have an outstanding opportunity to help develop distressed communities through newly created qualified opportunity zones (QOZ), which were included as part of 2017 tax reform. The program creates qualified opportunity funds (QOF),...

New Survey: Commercial Real Estate Brokers High on Cannabis Deals

December 11 2018

A new survey from Apto – a commercial real estate software company – shows that, despite the challenges, the vast majority of commercial brokers who have completed cannabis-related real estate transactions would do more of them.

Blockchain tech could speed up real estate deals: Experts

December 06 2018

Blockchain record-keeping technology could prove to have meaningful applications for the commercial real estate industry, including origination of financing, distribution of funds, property listings and more.

SURVEY OF NORTHEAST OHIO’S REAL ESTATE AND CONSTRUCTION INDUSTRIES

October 24 2018

The results of Skoda Minotti’s 11th annual survey of the Northeast Ohio Real Estate and Construction industries are in. Find out how your business compares with the rest of your industry by downloading this year’s 24-page summary report. The...
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