Real Estate News

Intel to Invest at Least $20 Billion in New Chip Factories in Ohio

January 20 2022

Intel has selected Ohio for a new chip manufacturing complex that would cost at least $20 billion, ramping up an effort to increase U.S. production of computer chips as users grapple with a lingering shortage of the vital components.

Bill Cosgrove, driving force in mortgage business, buys Medina Country Club

January 19 2022

MEDINA, Ohio - When an avid golfer has all the right equipment -- the clubs, the cart and other accoutrements -- what comes next?

SVN® Earns Global Recognition as a Real Leaders®️ Top Impact Company of 2022

January 11 2022

Real Leaders is thrilled to announce its 200 Top Impact Companies from around the world. Among thousands of companies considered, Real Leaders has selected SVN International Corp. (SVN), a full-service commercial real estate franchisor of the...

Is Single-Family Build-to-Rent a True Missing Middle Solution?

November 28 2021

The missing middle—defined here as households who earn between 80% and 120% of the area median income—occupies a difficult position in the housing market. In many areas, households at this level do not qualify for subsidized housing, cannot ...

CVS had every advantage, but it lost the pandemic. Here's what happened

November 21 2021

New York (CNN Business) - CVS' announcement Thursday that it will close 900 stores over the next three years — around 10% of its pharmacies — may have caught some shoppers off guard.

Real Estate Interest in Farmland is Sprouting, as Land Values Are Up 7% Nationally Year Over Year

September 14 2021

Soaring land values, inflation concerns and a desire among real estate investors to diversify their portfolios is prompting new interest in farmland real estate.

New Sherwin-Williams renderings show how new HQ will fit in with nearby downtown skyscrapers

September 05 2021

CLEVELAND, Ohio — Sherwin Williams plans for its new downtown Cleveland headquarters show a 600-foot-plus building that will tower over everything else west of Public Square.

EXCLUSIVE: Shopify To Open First U.S. Distribution Center In Georgia

August 29 2021

Shopify, which operates e-commerce platforms for independent retailers, has signed a lease for a 563K SF under-construction distribution facility in Newnan, Georgia, sources familiar with the deal tell Bisnow.

Oak Hill Advisors Leads Group Investing $326.5 Million in Suburban Office Property Company

August 25 2021

An investment group led by Oak Hill Advisors’ new real-estate business is making a $326.5 million investment in a suburban office building company on the premise that the property type will benefit from shifting work and living patterns accelerated...

Lumber drops to nine-month low, extending retreat from record

August 10 2021

Lumber futures slid to the lowest in more than nine months after sawmills ramped up production and demand from builders stabilized. September futures in Chicago fell as much as 4.4% to $482.90 per thousand board feet, the lowest for a most-active...

Apartment Rents Increase as Young Workers Head Back to Cities

August 03 2021

Apartment rents are rising fast, boosted by young professionals returning to cities and an expensive housing market that keeps many of them renting. Stock prices of publicly traded apartment companies have jumped in stride. The FTSE Nareit Equity...

Blackstone REIT Inks $6B Deal for Home Partners of America

June 22 2021

Blackstone Real Estate Income Trust (BREIT) has agreed to acquire Home Partners of America (HPA), valuing the company at $6 billion. Chicago-based HPA’s portfolio of more than 17,000 single-family homes nationwide provides a rent-to-buy model...

ANNUAL HARVARD REPORT FRAMES THE NATION’S HOUSING CHALLENGES - Rising home prices, tight supply, and eviction or foreclosure risks are key challenges for households

June 15 2021

As the economy continues to recover from the COVID-19 pandemic, Americans are struggling with soaring home prices, affordability issues for both renters and homeowners, and the potential risk of evictions and foreclosures, according to “The ...

CRE Future Brighter Thanks to TMUD Program

May 18 2021

Construction costs continue to rise - with no good answer in sight.

Weekends and Holidays Count Towards the Three-Day Notice Period Before Filing an Eviction

May 18 2021

In a recent decision, the Sixth District Court of Appeals affirmed a Toledo Municipal Court decision finding that forcible entry and detainer actions are exempt from timing computation requirements that exclude Saturdays, Sundays, and legal ...

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

March 11 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 07 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

December 31 2020

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 16 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 16 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 06 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 17 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

September 30 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

September 30 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 17 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 13 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 14 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 30 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 19 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 17 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 09 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 02 2020

The economic disruption caused by COVID-19 and the effort

Are micro apartments the new trend?

January 19 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 09 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 15 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 16 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 16 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 12 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 01 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 09 2019

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

What Will 2019 Look Like in Commercial Real Estate?

January 03 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...


January 03 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 02 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 17 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 10 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 05 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.


October 23 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...