Jean Maday, NAR's Director of Commercial Services, talked about the benefits of association membership with leaders from SIOR, NAIOP, BOMA, and others during the “Associations for Success” segment of the Commercial Real Estate Show.
As two of the accounting world's major governing bodies work to converge their standards on the recognition of revenue of contracts with customers, they are changing the rules on how lessees must address leases on their balance sheets and profit and loss statements. The result may drastically alter how commercial leases are negotiated.
Accounting rules require businesses to keep two basic financial statements which affect a business's tax liability as well as its ability to attract investors and obtain financing:
- A balance sheet listing assets... Read More
WASHINGTON (June 15, 2015) – Commercial real estate markets are improving with Realtors® specializing in commercial real estate reporting an increase in annual gross income, the number of sales transactions and sales volume, according to the 2015 National Association of Realtors® Commercial Member Profile.
The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and industrial space, multifamily and retail buildings, as well as property... Read More
In this video, Jessica Lautz, NAR's Director of Member and Consumer Survey Research, talks about highlights of the 2015 Commercial Member Profile. The Commercial Member Profile describes the business activities, demographics and information needs of NAR members who are commercial real estate professionals.More Information
This infographic uses data from the 2015 Commercial Member Profile.
The Commercial Member Profile describes the business activities, demographics and information needs of NAR members who are commercial real estate professionals.
Commercial real estate investment trends were positive in 2014, following on last year’s tail winds. The investment trends continued in the first quarter of 2015, up 45 percent from the same period in 2014.
NAR member Deena Zimmerman joined the show to talk about the ins and outs of tenant representation. At the time of taping, Deena was a Senior Associate at Jameson Commercial, where she specialized in finding high quality sites throughout Chicagoland and surrounding areas for national operators, franchisees, and first-time entrepreneurs. She recently joined Sperry Van Ness Chicago Commercial as Vice President.
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 expectations2015.Q1 Survey Highlights
- 60% of commercial REALTORS® closed a sale.
- Sales volume rose 11% from a year ago.
- Sales prices increased 4% year-over-year.
- Cap... Read More
The Federal Reserve System, Comptroller of the Currency and the Federal Deposit Insurance Corporation have issued guidance on a portion of the Basel III rules that govern High Volatility Commercial Real Estate (HVCRE). The document, an FAQ on the HVCRE provisions, is intended to provide clarity on the Basel III standards.
WASHINGTON (May 26, 2015) — A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as the demand for office space slowly improves. The vacancy rate for industrial space is expected to decline 0.3 percent and... Read More
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 2015 National Commercial Awards Program.
... Read More