Published in The Hill
The Federal Aviation Administration recently crossed a major milestone.
Over 1,300 Section 333 waivers have now been issued for the commercial use of small, unmanned aerial systems – also known as UASs or drones – that weigh less than 55 pounds. That’s big news in the real estate industry, as a significant percentage of those waivers have gone to users in the business of real estate.
Although wide-scale commercial use for drones is currently prohibited, the FAA’s work to streamline the... Read More
NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use
NAR President Chris Polychron testifying before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet
WASHINGTON (September 10, 2015) – Today, National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public Policy Implications.” NAR testified on the growing interest in the use of drones, their commercial application in the real... Read More
Learn how big data is expected to affect infrastructure and the real estate industry. Chad Curry, managing director for NAR's Center for REALTOR® Technology, gives a high level overview of the "internet of things" as it relates to real estate and the potential impact to business.
This infographic looks at commercial sales data from the first half of 2015, including both large and small commercial markets.
MIPIM, one of the largest real estate property events in the world, brings together the most influential players from all international property sectors - office, residential, retail, healthcare, sport, logistics and industrial, offering unrivaled access to the greatest number of development projects and sources of capital worldwide. The event is held each March in Cannes, France. To put this into perspective, MIPIM 2015 drew over 21,000 attendees from more than 90 countries, and included 2,400 exhibiting companies and 4,800 investors.
In 2015,... Read More
The commercial lending space is undergoing a sea change due to changes in technology and regulation with peer-to-peer lending and crowdfunding companies leading the way. Tune in to learn about the evolving commercial lending landscape with David Manshoory, CEO and Co-Founder of AssetAvenue, part of the 2015 class of REach® accelerator companies.
With improving economic fundamentals, demand for commercial space continued improving across all property types, according to The National Association of REALTORS® Commercial Real Estate Outlook: 2015.Q3 report.
The information in this infographic is from NAR's third quarter commercial forecast report.
Vacancy rates mirrored regional and product variations, as most properties posted availability declines. Apartments experienced availability increases due to rising supply. Industrial availability posted the largest year-over-year decline, followed by retail and office vacancies
Leasing volume during the second quarter rose 4.7 percent over the previous quarter, and leasing rates rose 2.7 percent in the second quarter, compared with the 2.8 percent advance in the previous quarter, according to the Commercial Real Estate Market Trends report.
Based on the latest NAR report on REALTORS® CRE markets, capitalization rates declined to an average of 7.5 percent across all property types, an 85 basis point decline on a yearly basis. Apartments posted the lowest cap rate, while retail transactions reported the highest comparative cap rates.
Real Estate Forum magazine's 2015 list features 350 nominees based on their achievements in, contributions to, and reputation in the business of commercial real estate. Jean Maday, Director of Commercial Real Estate, is listed on page 52.
WASHINGTON (August 6, 2015) – Real estate firms are confident in the industry’s future growth and their increasing profitability, according to the 2015 National Association of Realtors® Profile of Real Estate Firms.
“A majority of firms have a positive view of the future, with 95 percent of all firms expecting their net income to either increase or stay the same in the next year,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs,... Read More
Dean Saunders, ALC, CCIM shares his expertise working with land transactions, conservation and experience working with state and federal government.
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.2015.Q2 Survey Highlights
- Sixty percent of commercial REALTORS® closed a sale.
- Sales volume rose 9 percent from a year ago.
- Sales prices increased 7 percent year-over-year.
- Cap rates... Read More
By: Philip McGinnis, ACoM, ALC, CCIM
While the most publicized physical attacks on real estate agents have involved residential agents, commercial agents are equally at risk. Additionally, it’s important to remember that not all safety and security risks are external.
Currently, many markets are faced with a high office and industrial vacancy rate. These properties present huge risks to REALTORS® because they are typically isolated from populated areas, and are often difficult to access. Many of the same safety tips employed by residential agents are relevant for... Read More
WASHINGTON (July 9, 2015) — Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation's financial growth, job creation and economy, according to a new report from the National Association of Realtors®.
The Like-Kind Exchanges: Real Estate Market Perspectives 2015 survey of NAR's commercial and residential members found that real estate investors and commercial property owners place a very high priority on current like-kind exchange tax rules; 40 percent indicated that transactions would not... Read More
- For a significant proportion of real estate market participants, like-kind exchanges (LKE) provide an important vehicle to dispose and acquire property.
- Like-kind exchanges are available to individuals, partnerships, corporations, limited liability companies, as well as trusts.
- The main requirement of a like-kind exchange is that the disposition of one property and acquisition of another property must be part of an integrated transaction, rather than two individual transactions.
- REALTORS® are active participants in... Read More