Steve Marcinuk

The conventional path to closing a commercial land deal in Texas, lender underwriting, extended documentation, months of back-and-forth, has become slow enough in the current rate environment that buyers and sellers are finding workarounds. In the Dallas-Fort Worth metro’s outlying counties, where land transactions for development, ranches, and commercial projects regularly run into six- and ...

Real estate development has a well-documented problem with time. Projects run over budget, timelines slip, and by the time a deal falls apart, months of work and capital have already been spent. What gets less attention is how much of that risk is introduced before a single shovel hits the ground, during the pre-development phase, ...

In most American office markets, an 8 to 9 percent vacancy rate would signal room to grow. In Reno, Nevada, it represents the tightest conditions the Class A segment has seen in over 20 years, according to Chad Clemetson, managing partner of NevDex Properties, and yet no one is breaking ground on new supply. Construction ...

An estimated 8 million recreational vehicles are on U.S. roads today, and a growing share of their owners have nowhere to put them when they’re not in use. The mismatch between RV ownership and available storage has been building for years, driven by increasingly restrictive HOA covenants and local zoning ordinances that limit what residents ...

The HOA and condominium sector manages trillions of dollars in aging infrastructure across the United States, according to Sally Hamidi, Founder & CEO of ON Property Technologies. Yet the maintenance operations supporting those assets remain stitched together with email chains, spreadsheets, and phone calls. This setup leaves board members making fiduciary decisions without real-time data ...

Among Southern California’s beach communities, Long Beach occupies an unusual position. While comparable coastal neighborhoods in Manhattan Beach, Newport Beach, or Laguna Beach price most buyers out at $3 million to $10 million for homes near the water, Long Beach still offers beach-adjacent properties in the $1.5 million to $2.5 million range, according to Rick ...

New spec construction along Georgia’s 400 corridor is almost exclusively targeting tenants who need 50,000 square feet or more. The small industrial spaces that once let entrepreneurs move out of a garage and into their first commercial lease are not being replaced – even as demand for them persists. At the same time, lease rates ...

Hawaii has almost no institutional experience with public-private partnerships. The state has completed, by one account, a single P3 in its history, a small apartment complex near the university. A planned P3 for a segment of Honolulu’s rail system was withdrawn during procurement. Now the state is attempting to execute what may be its most ...

Private capital is moving into commercial real estate at a pace that outstrips the research infrastructure most of these investors have access to. Institutional buyers have long relied on proprietary data, dedicated analyst teams, and relationships built over decades to understand a market down to the block level. A newer wave of private investors and ...

The assumption that family offices are locked down and careful with security – given how much capital they manage – does not hold up once you look past the largest operations. Smaller family offices, particularly those managing one to three portfolio companies, often lack the cybersecurity maturity that outsiders assume they have, according to Vijaya ...

The mortgage industry has long been one of the more paper-heavy corners of real estate. Loan applications move through multiple hands, documents get reviewed and re-reviewed, and data gets entered manually into systems that have been around for decades. Industry research puts the average closing timeline at over 40 days per loan. A growing number ...

Commercial real estate development in Southern California is widely regarded as one of the most difficult operating environments in the country. Strict zoning regulations, complex entitlement processes, and competitive land markets create barriers that stop many developers before they ever break ground. Yet for Southern California Equity, those same obstacles have become the foundation of ...

For years, institutional real estate investors rode returns driven largely by capital markets activity. When interest rates were near zero, generating gains was relatively straightforward. That era is over, and the shift is changing how pension funds, endowments, and foundations choose who manages their money. The change is visible in how investors now evaluate managers, ...

The conventional image of industrial real estate, massive distribution centers, six-figure square footage, institutional capital, does not match what is actually happening on the ground in Houston. While national coverage focuses on large speculative builds near ports and logistics corridors, a different pattern is playing out in the city’s flex and light industrial segments: demand ...

The conventional narrative about commercial lending pullback focuses on big banks and headline-grabbing office defaults. But in the Mid-Atlantic’s middle market, deals between $2 million and $15 million, the tightening is showing up in subtler, more consequential ways: shorter interest-only periods, lower leverage ratios, and a new insistence on seasoned cash flow that extends timelines ...