Boise’s real estate boom is often attributed to newcomers from California or retirees relocating from Seattle. Still, the real force driving growth in Southwest Idaho is a $15 billion federal investment in semiconductor manufacturing that is changing the region’s economic landscape. Micron Technology, headquartered in Boise, is building two large chip fabrication plants in southeast ...
For years, converting empty office towers into apartments was more theory than reality. The costs rarely made sense: gutting interiors, overhauling plumbing, and navigating complex zoning, all while land and labor expenses climbed. Most developers avoided these projects, opting instead for new construction or other asset classes. Now, the equation has changed. As office building ...
Twenty years ago, downtown Rochester faced a stark reality: empty office buildings, little foot traffic, and a struggling urban core. Today, the city boasts 10,000 residential units where there were once just 1,200— a shift that is quietly reshaping commercial real estate across upstate New York. Mercedes Brien, a commercial broker with Yaman Commercial and ...
Self-storage facilities typically convert 60 to 70 percent of revenue into net operating income, yet many operators are leaving money on the table. Antoni Watts, founder of Fuji Lane and creator of the analytics platform Storage Laser, says phone calls generate the majority of new business for most facilities — but operators are not tracking ...
Commercial real estate lenders are conducting highly localized due diligence that goes well beyond traditional underwriting, according to Logan Freeman, managing broker at Midwest CRE Advisors. Lenders now factor in neighborhood crime rates, school quality, demographic trends, and three- to five-year area outlooks when making financing decisions. As a result, brokers must approach two to ...
Anyone considering buying, selling, or investing in Fargo-Moorhead is entering a market that is moving quickly and in new directions. After a period of relative stability, the region’s commercial real estate landscape is seeing notable shifts in industrial leasing, office vacancy, and multifamily sales. Here are the three most significant changes shaping opportunities in the ...
Philadelphia’s commercial office market is experiencing a surge in foreclosures and receiverships, prompting tenants to focus less on rental rates and more on the financial stability and management quality of buildings. According to Carol Huff, President of Real Estate Investment Strategies, Inc., the city’s growing number of distressed properties has created a split market where ...
Anyone considering buying, selling, or investing in Fargo-Moorhead is entering a market that is moving quickly and in new directions. After a period of relative stability, the region’s commercial real estate landscape is seeing notable shifts in industrial leasing, office vacancy, and multifamily sales. Here are the three most significant changes shaping opportunities in the ...
Class B and C office buildings, typically older properties with fewer amenities and lower rents than premium Class A offices, are facing a widening gap between owner expectations and current financial conditions. Rising interest rates have increased the cost of capital, making acquisitions, upgrades, and repositioning strategies harder to justify. As a result, many of ...
Real estate investment performance is often determined long before construction starts or a property opens. While many developers focus on acquisitions, financing, or construction execution, the real difference between success and failure is whether a deal is properly validated before capital is committed. Early-stage assumptions about demand, cost, and performance frequently go unchecked—and those gaps ...
St. Paul’s downtown recovery strategy highlights a core reality of urban real estate. In distressed city centers, properties are never neutral. They either help drive revitalization or deepen decline, leaving little room for gradual stabilization. Traditional thinking about downtown turnarounds assumes that slow, incremental improvements and patient investment will eventually steady struggling urban cores. However, ...
Large national retailers are seeing tenant demand decline in secondary markets such as Wausau, Wisconsin. Smaller, locally rooted businesses with five to twenty locations are capturing lease opportunities that major chains once dominated. Devan Dorzok, licensed real estate salesperson at NAI Pfefferle, attributes this change to local businesses’ ability to build personal relationships and connect ...
Germany’s hotel investment market remains stalled at about half its pre-pandemic transaction volume, as the country’s traditional lease-based operating model faces mounting financial strain. Thomas Emanuel, Head of Hospitality Thought Leadership, EMEA at Savills, notes that Germany historically matched the UK in annual hotel transaction volume at roughly 5 billion euros. Volumes have since settled ...
Those dramatic “before and after” photos of century-old buildings turned into modern apartments or vibrant community spaces are everywhere. But behind the scenes, historic renovations are rarely straightforward. Instead, owners face unexpected structural problems, complex regulations, and rising costs that often exceed the original budget. David Shear and Carol Shear, managing partners at Fifteenand9Main in ...
If you’ve toured a property, applied for a loan, or signed a lease recently, you likely interacted with artificial intelligence (AI) without realizing it. In commercial real estate, AI now works behind the scenes to speed up property searches, flag risks, and generate listing materials. What was once a buzzword is now a practical tool ...
