-
Lenders Are Giving a Green Light to Sustainable Building
Three letters are promising a sweeping change to the CRE industry: ESG. In the last year, major commercial property stakeholders have announced aggressive environmental, social and governance—known colloquially as ESG—strategies and goals, shining a long overdue spotlight on sustainable development and efficient building operations. Lenders are stepping up, too, with green-focused funding products for development…
-
2021 Construction Trends Signal Good News for CRE Developers
At a glance, the first quarter new construction activity was harrowing. New deliveries were down significantly in multifamily, office and retail—but a closer look reveals a beaming silver lining that could spell new opportunities and a swift recovery for CRE developers.
-
Harness Institutional Knowledge To Save Millions on CRE Projects
Savvy real estate developers have long recognized the importance of preserving institutional knowledge to deliver their current and future projects with more efficiency and accuracy.
-
How Superstar and Average Real Estate Project Managers Differ
Wondering what differentiates an exceptional real estate project manager from the average project manager? Superstar project managers have the ability to move the needle and unlock value on complex projects in a way that makes them 10x more valuable than an average project manager. So, how can you tell the difference? And, better yet, how can…
-
Affordable Housing Development Is Stealing the Spotlight
An affordable housing crisis has been swelling in the US for years, but the road to new supply is challenging. Generally, affordable housing rents don’t support ground-up real estate development due to high land and construction costs. Affordable housing developments just don’t pencil out – but that is changing. The pandemic has amplified demand for…
-
Northspyre Quick Takes: Innovative Commercial Real Estate Developers Take Aim at New Targets in 2021
New opportunities have emerged during the pandemic that promise to drive robust development activity and deliver healthy returns this year. Here are the asset classes and markets that leading developers are targeting in 2021.
-
Why CRE Tech Adoption is Skyrocketing
Revolutions don’t happen all at once. The PropTech and CREtech industries have been building their revolution for years, supported by billions of dollars in venture capital investment annually. The funding signaled a bright future for CRE technology—but there was an essential missing piece: technology adoption. That changed in 2020 when the pandemic compelled – and…
-
5 Bright Spots for CRE Development During the Pandemic
The pandemic has certainly complicated commercial real estate investment, but it has far from halted new activity. Sophisticated developers have strategically adapted to the new market fundamentals to drive projects forward. These are the five ways developers are forging ahead during the pandemic.
-
The 10 Pitfalls of Traditional CRE Project Delivery
Running a $200+ million real estate project in a static spreadsheet often exposes your project to unnecessary risk, delays, and budget overruns. Knowing that, why would a savvy real estate developer manage a project of any size in something so inflexible and error-prone?