Host Alex Ruggieri, CCIM, speaks to Lloyd Berry, CCIM, the Director of Operations for Colliers International management division.They discuss Berry's top three pieces of advice that have contributed to the success of his firm: creating a unique and compelling market value proposition, collaborating internally, and contributing to your local and international community.
NAR Senior Policy Representative Austin Perez and NAR Legislative Policy Representative Erin Stackley discuss the impact that the new flood insurance law will have on commercial properties.
To learn more about the bill, go to "Senate Passes Flood Insurance With House Amendment."
In this podcast, host Alex Ruggieri speaks to Maribeth Kuzmeski, president of Red Zone Marketing, internationally recognized speaker, and author of seven books, including “The Connectors: How the World's Most Successful Businesspeople Build Relationships and Win Clients for Life.” Maribeth shares her tips on how to best present yourself to a potential client, how to make your qualifications matter to your client, how to realize the difference between personal "features" and "benefits."
Mirroring broader trends, commercial transactions in REALTORS® markets registered a positive fourth quarter. On a year-over-year basis, sales increased 11 percent in the last quarter, as prices rose 4 percent. Cap rates continued compressing with a 50 basis point decline, from an average of 9.2 percent in the third quarter to 8.7 percent in the last. Multifamily properties recorded the lowest average cap rates, at 7.7 percent, followed by hotels, at 8.0 percent. Office and retail spaces posted cap rates of 8.6 percent and 8.5 percent, respectively.
WASHINGTON (February 24, 2014) – Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast.
Lawrence Yun, NAR chief economist, said fundamentals are still on an uptrend. “Growth in commercial real estate sectors continues at a moderate pace from a very slow pace of absorption, despite job additions to the economy. Companies appear hesitant to add new space,... Read More
Location is everything, and for $10,300 per square foot, you could be buried just a few yards away from Marilyn Monroe.
Developers looking for new spaces in congested cities are finding solutions in creative reuse of long-abandoned spaces.
Commercial real estate investments are expected to produce solid returns this year, according to a new report.
New surveys show that investors are not fading away as the number of distressed properties dry up. Instead, they are shifting their focus from distressed properties to non-distressed properties.
Commercial Real Estate Investors "Cautiously Optimistic" As the Future Unfolds, According to New Outlook Report
WASHINGTON (February 12, 2014) – Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of Realtors®(NAR).
The three organizations have drawn on their respective capabilities to examine the economy, capital... Read More
Despite the slow economic growth and weak job growth that have characterized the economic recovery so far, commercial real estate investments have generally produced solid returns.
Property fundamentals are steady and improving slightly, and total expected returns on a risk-adjusted basis appear very reasonable in the year ahead.
This report gives commercial investors the information they need to... Read More
Online retailers such as Amazon are leading the trend in snapping up small warehouses close to urban areas in an effort to get products closer to where people live.
A rise in the number of skyscraper projects is expected to change urban skylines in the coming year.
View the recorded webinar from Dec. 10, 2013, as AEs walk you through successful applications for 2013 NAR Commercial Innovation grants. You'll also learn what's ahead for the grant program in 2014.
Some of the largest companies in America are swapping their suburban campuses for downtown office space, betting that such a move will help them recruit new employees.
Commercial real estate leasing patterns are showing growth, and national vacancy rates are projected to decline in 2014. Take a look at NAR's data on office, industrial, retail and multifamily markets.
Since the beginning of 2012, suburban markets have accounted for 87 percent of office demand. That follows vacancy rates in some areas of the country that spiked above 30 percent during the recession.
Commercial practitioners are right to be frustrated, NAR Chief Economist Lawrence Yun said at the REALTORS® Conference & Expo.