-
Is the Life Sciences Real Estate Boom Over?
The looming U.S recession has cast a pall over the commercial real estate market, with sales tumbling by 16% year-over-year in April. The Economist explained that investors’ enthusiasm for offices, hotels, apartment complexes, and warehouses has diminished as debt costs have risen and household budgets have fallen. In addition, 53% of employees are hesitant about…
-
Industrial Developers Are Suddenly Facing Headwinds
Over the last decade, the industrial sector has become the most dominant force in the commercial real estate market. Long before the pandemic, the asset class was crowned the industry’s darling, and since the pandemic, user demand and investor appetite have intensified, resulting in an unprecedented level of growth. For the last decade, the market…
-
Two Multifamily Development Trends to Watch for the Rest of 2022
According to GlobeSt, multifamily construction is at its highest level in 40 years, with over 800k projects underway and 450k projects set to be completed this year.
-
How Real Estate Development Project Managers Earn Stakeholder Trust
Stakeholder trust plays a critical role in the success or failure of a real estate development project manager. Senior leadership must have faith in their project manager’s competence and capabilities from the design phase to the end of construction.
-
What Is a Draw Request? Everything You Need to Know
Construction projects can be notoriously hard to manage both in terms of timeframe and budget. In fact, an estimated 69% of projects run overtime.
-
Why CRE Developers Should Be Watching Big Tech’s Moves
It is hardly a secret that Big Tech has an outsized impact on the global economy, but exactly how big of an impact was revealed during the 2020 pandemic. As countries closed their borders, international flights grounded, businesses closed shop and people stayed home, while the digital landscape did just the opposite. It expanded. Internet…
-
Shopping Malls Are a Blank Canvas of Opportunity for Real Estate Developers
In a 1999 interview with Wired, Jeff Bezos boldly predicted, “Strip malls are history.” As it turned out, he was the one to kill them.
-
How to Uncomplicate Commercial Real Estate Project Management
It’s no secret that commercial real estate projects require razor-sharp planning and flawless execution to make the whole process worthwhile.
-
How CRE Developers Can Beat NIMBYists
Getting a commercial real estate development across the finish line is no easy feat. The list of challenges is long, with developers battling everything from site selection, entitlements and design to construction costs and supply chain disruptions—but if developers had to choose a single archnemesis, the one impediment that gives even the most experienced players…