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These slides are from the Economic and Commercial Real Estate Outlook presentation given by Lawrence Yun during the Commercial Economic Issues & Trends Forum at the REALTORS® Legislative Meetings & Trade Expo in Washington, DC, on May 14, 2015.
These slides are from the Economic and Commercial Real Estate Outlook presentation given by Sam Chandan during the Commercial Economic Issues & Trends Forum at the REALTORS® Legislative Meetings & Trade Expo in Washington, DC, on May 14, 2015.
Dr. Chandan is Adjunct Associate Professor of Real Estate at the University of Pennsylvania Wharton.
WASHINGTON (May 14, 2015) – While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.
National Association of Realtors® Chief Economist Lawrence Yun led a panel discussion about the forces shaping commercial real estate markets. The panelists agreed that the market has... Read More
NAR has estimated that the commercial market for buildings selling for under $2.5 million could be in the neighborhood of $50 billion annually, compared to the market for large buildings—which totaled $430 Billion in 2014.
- Commercial vacancy rates declined for the core property types. Availability is expected to continue contracting for office, industrial and retail properties in 2015 and beyond.
- Vacancies for apartments are estimated to rise, due to gains in supply.
- Commercial rents have risen across the board, and are projected to advance this year to the tune of 2.5 percent to 3.7 percent.
- Lending conditions in REALTOR® markets notched another year of sustainable recovery.
Read the full decision: Anton v. Mr. C’s Lake Orion, L.L.C.
A Michigan court has held that a commercial real estate broker (“Broker”) may be held liable for slander of title for violations of the state’s Commercial Real Estate Broker’s Lien Act (“CREBLA”).
Broker entered into an exclusive listing agreement with the owner (“Owner”) of a commercial property. Pursuant to the agreement, Broker was to receive a commission... Read More
NAR will once again be an exhibitor at the International Council of Shopping Center’s (ICSC) RECon event in Las Vegas, May 18-20, 2015.
This is one of the largest industry events with over 34,000 attendees expected (commercial brokers, developers, and retailers).
NAR members are welcome to reserve space for client meetings during Leasing Mall hours Monday through Wednesday of the show. Contact Lauren Van Holten at firstname.lastname@example.org for availability.
For more information about the event, visit... Read More
Commercial professionals like you have access to a number of business tools and organizations that support your success as part of your NAR membership.Xceligent®
NAR’s REALTOR Benefits® Program partner, Xceligent® is a leading provider of verified commercial real estate information across the U.S., including a comprehensive inventory of commercial properties, buildings available for lease/sale, tenant information, sales comps, historical trends on lease rates and occupancy, and more.
xceligent.com ... Read More
Each year, NAR honors accomplished REALTORS® in commercial real estate by celebrating their local achievement through recognition in our National Commercial Awards. Honorees have received awards from their local association, state association, community organizations or brokerages, making them eligible to be nominated by their local association for this NAR recognition.
Congratulations to those recognized in our 2014 National Commercial Awards Program.
... Read More
WASHINGTON (March 12, 2015) – International investment in commercial real estate is dominated by Asian interests in both Canada and the U.S., according to a new survey from the Richard J. Rosenthal Center for Real Estate Studies at REALTOR® University and the National Association of Realtors®.
The survey found that 47 percent of Canadian respondents and 41 percent of those in the U.S. indicated that their international clients were from... Read More
MIPIM, one of the largest commercial real estate conferences in the world, took place in Cannes, France, March 10-13th 2015.
NAR hosted the USA Pavilion to increase awareness of our markets here in the US with commercial development opportunity and to connect interested parties to NAR members.MIPIM Highlights
“NAR Makes Global Connections at MIPIM,” REALTOR® Magazine
“... Read More
The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.2014.Q4 Highlights:
- Riding the wave of economic and, more specifically, market improvements, commercial REALTORS® reported advances in the fourth quarter 2014.
- REALTORS® indicated acceleration in the... Read More
As 2015 gets underway, many investors are more optimistic than they have been in years. Economic growth has been increasing, job growth has been improving, and consumers have been given a boost as gasoline prices have dipped nationwide. Compared to the markets and financial systems in other developed countries, the U.S. economy looks generally healthy.
With respect to commercial real estate investment, interest rates are still low and fundamentals continue to improve. Volume and pricing have been increasing, especially for high-quality properties in the coastal markets, but we have... Read More
Review the "Commercial Real Estate Outlook: Will Demand Continue to Lift Prices?" webinar with NAR Research & Deloitte.
Cathy Jones, CCIM has built her firm, Sun Commercial Real Estate, into the number one woman-owned commercial brokerage in the Greater Las Vegas market, reaching $650 million in commercial transactions. Cathy joined host Alex Ruggieri to discuss her transition from accounting into real estate, highlighting how she and her team bounced back from a difficult economic downturn. Tune in to hear her perspective on building successful teams, the importance of referrals, reputation, and why women in business shouldn... Read More
Goby COO Ryan Nelson joined Commercial Podcast Host Alex Ruggieri to discuss how property managers can increase energy efficiency through the analysis of data from their buildings, providing insight into areas where energy use, waste, recycling and more can be optimized.
WASHINGTON (November 24, 2014) – Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtors® quarterly commercial real estate forecast.
Understanding one’s allocation of time, expenses and mileage is one way successful commercial professionals, entrepreneurs and independent contractors keep more of their hard earned money. John Thomas, CEO of Deductr, part of the 2014 class of REach® Accelerator Companies, joined us to discuss tools and best practices for increasing your efficiency with automated tools.