The explosive growth of artificial intelligence is driving data center developers to consider nuclear power as a solution to their massive energy needs, according to a leading real estate attorney. “Our firm is involved with nuclear power to power up a data center. And that’s only going to get more pronounced as we see the ...
A new breed of mid-sized real estate operators is emerging, combining institutional-grade expertise with the agility to pursue opportunities across specialty housing sectors, according to one industry leader. “I just joined them in April, which was really exciting. I got to join their executive leadership, and I came from a much larger institutional owner operator,” ...
A dramatic migration pattern is reshaping the New York metropolitan area’s real estate landscape as residents seek more affordable alternatives to Manhattan and Brooklyn, according to veteran developer Dave Denis, Principal Chief Executive Officer of Speak To Dave. “It’s like New York City has gotten pretty pricey, and people have hit the threshold of how ...
As market pressures mount on inexperienced real estate operators, seasoned syndicators are strategically positioning themselves for what could be significant acquisition opportunities in the coming years, according to industry veteran Dave Dubeau, host of the Property Profits Real Estate Podcast. Strategic Shifts Across Asset Classes “I’m seeing people switching asset classes and getting out of ...
Commercial real estate owners face a new reality in property insurance as artificial intelligence and data science transform traditional underwriting, according to one industry veteran who argues that decades of accumulated data are now being weaponized to restrict coverage and raise rates. “I often say that I feel like every keystroke I’ve ever put in ...
Maine’s industrial real estate market is experiencing a significant cooling period after five years of unprecedented growth, according to a veteran broker who sees this as a major shift in one of commercial real estate’s hottest sectors. “Industrial, I think, for the last five years, has probably been the hottest market,” says Samantha Marinko, broker ...
A leading real estate investor is pushing back against widespread predictions that artificial intelligence will decimate office demand, arguing that history shows technological disruption often creates more jobs than it eliminates. “To just assume that humankind will change thousands of years of existence in wanting to leave their homes and go and build things, to ...
A new wave of nature-integrated hospitality is emerging as the next major trend in hotel development, according to Glenn Haussman, host of No Vacancy and longtime industry observer. “One of the things I’m seeing right now is outdoors, nature, sustainability as being the next big area,” Haussman says, pointing to a growing movement that’s reshaping ...
The travel economy is increasingly disconnected from broader economic conditions, operating as “almost a separate component than the overall general economy,” according to Glenn Haussman, host of No Vacancy and veteran hospitality industry analyst. Shifting Consumer Priorities Haussman argues that a fundamental shift in American consumer behavior is driving this decoupling. “Since the great recession in ...
A remarkable trend is emerging in Dearborn, Michigan, where local coffee shops are rapidly expanding into national franchise operations, according to Angela Fortino, Deputy Director of Economic Development at the City of Dearborn. “We are self-proclaimed the coffee capital. We have over 35 unique coffee roasting and cafe businesses,” Fortino says, highlighting how one local ...
Investment executive reveals how high-touch management is transforming shopping center operations. The key to successful retail property investment isn’t just about location anymore, it’s about creating true partnerships with tenants, according to one industry veteran who says many property owners are missing crucial opportunities by maintaining an arms-length approach to management. “We believe the tenants ...
The retail landscape is undergoing a dramatic transformation as developers find innovative ways to repurpose vacant retail spaces, according to one commercial real estate expert who’s witnessing the trend firsthand across multiple markets. “A lot of developers are kind of repurposing the spaces,” says Jaidyn Smith, Senior Advisor at Legacy Real Estate Advisors. “One of ...
Property expert says economic development initiatives are creating unexpected retail opportunities in secondary markets. A wave of semiconductor manufacturing investment is reshaping the retail landscape in unexpected corners of Texas, according to one leading retail property investor who sees these economic development initiatives creating compelling new opportunities. “Sherman is seeing tremendous investment from chip manufacturing ...
The path to acquiring distressed properties in New York City involves far more than just negotiating with banks, according to Sean Sedaghatpour, Principal of Elisheva Realty. He says success requires navigating a complex web of city agencies, violations, and regulatory requirements that can make or break a deal. The Hidden Regulatory Hurdles “In New York, ...
Dearborn, Michigan is taking an unprecedented stance in industrial development by explicitly rejecting traditional logistics and manufacturing operations in favor of green technology, according to Angela Forino, the Deputy Director of Economic Development at City of Dearborn. “We do not want more trucking. We don’t want to increase emissions,” Fortino states, citing some of the ...
