WASHINGTON (May 13, 2016) — Realtors® specializing in commercial real estate expressed confidence in the continued recovery seen in the market but concern over the availability of commercial financing, during a commercial economic issues and trends forum at the 2016 REALTORS® Legislative Meetings & Trade Expo.
National Association of Realtors® Chief Economist Lawrence Yun discussed the forces affecting commercial markets and said that while the overall market is seeing continued recovery, trepidation remains... Read More
The EPA that the United States Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED) Pilot Credit program has announced a newly available “Lead Risk Reduction Pilot Credit.” Its intent is to reduce adverse health impacts and environmental pollution in buildings through the implementation of improved maintenance and lead-safe work practices, and to provide staff with the necessary information they need to promote lead-safe practices. It specifically focuses on lead paint in dust, soil, and water. In order to qualify for the... Read More
The information from this quiz was taken from the NAR report Commercial Real Estate Lending Trends.
- Commercial real estate (CRE) notched another year of growth in 2015, favored by continued macroeconomic growth and broadening capital markets.
- Commercial vacancy rates declined for the core property types. Availability is expected to continue contracting for office, industrial and retail properties in 2016.
- 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 in the 2.5 percent to 4.0 percent range.
- ... Read More
Commercial real estate opportunities are expected to come out of changes to accounting rules that take effect soon. The Financial Accounting Standards Board is rolling out new rules on lease accounting and that will spur companies that own or lease real estate to evaluate the right mix of real estate for them. NAR Government Affairs provides a report.
This webinar provides you with current information on recently-enacted tax provisions affecting real estate as well as the outlook for changes in the near future including:
The December 2015 PATH Act and its treatment of:
- 15-year depreciation period for leasehold improvements;
- Real estate and other business assets that can be written off immediately
- Other tax changes for residential and commercial real estate
- Changes to the... Read More
U.S. macroeconomic momentum dropped during the fourth quarter of 2015, buffeted by global economic slowdown and financial volatility. Payroll employment offered a bright spot, closing the year with a total of 2.7 million net new jobs, boosted by private service industries. Rising employment drove demand for commercial space across the property spectrum. Vacancies continued declining in the fourth quarter of 2015, as rising rents improved cash flows.
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and rental transactions, along with information on current economic challenges and future expectations.2015.Q4 Survey Highlights
- Sixty-six percent of commercial REALTORS® closed a sale.
- Sales volume rose 7.4 percent from a year... Read More
WASHINGTON (February 8, 2016) — Buying a home isn’t as easy as clicking a few buttons and magically getting the home of your dreams, as the current real estate advertising landscape leads many to believe. The reality is that real estate transactions can be stressful and there are often challenges and obstacles along the way.
To communicate Realtor® value in helping consumers succeed in all things real estate, the National Association of Realtors® has launched a new advertising campaign, “Get Realtor®.” The campaign targets hyper-connected and... Read More
As 2016 gets underway, there has been a definite slowdown in the velocity of commercial real estate sales volume, per Real Capital Analytics. We expect commercial real estate to take on more of a defensive role in this environment, and as values and prices begin to level off, investors will likely benefit from it being a hard asset, as well as from its strong income flow, especially if long-term interest rates and 10-year Treasury rates remain low, as expected.
With respect to investment, it is always difficult to separate market realities from the “... Read More
WASHINGTON (February 4, 2016) — Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corporation (RERC), Deloitte and the National Association of Realtors®.
According to the report, Expectations & Market Realities in Real... Read More
Attending MIPIM? It will be helpful to get a lay of the land before you go. Following are business strategy tips along with some practical information to make the most of your time in Cannes. Enjoy!Business Strategy
Have any of your REALTOR® members who are engaged in commercial real estate business received an award or recognition this year? NAR wants to honor accomplished REALTORS® in commercial real estate by celebrating their local achievement on a national level through recognition in our National Commercial Awards Program. Take this opportunity to recognize an award-winning commercial professional from your association by submitting a... Read More
How one brokerage is using technology to simplify the search for commercial properties.
Commercial fundamentals in REALTORS® markets continued improving during the third quarter 2015, as noted in the Commercial Real Estate Outlook: 2015.Q4.
Learn what’s driving technology, media, and other information-related firms to look at repurposed industrial buildings for their workforce.
WASHINGTON (November 24, 2015) — Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to decrease 0.8 percent to 14.8 percent over... Read More
These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the REALTORS® Conference & Expo in San Diego, CA, on November 13, 2015.