Veteran commercial real estate broker John Jay Schwartz, Managing Director of Have Site Will Travel – The Man With Square Feet, argues that local approval processes have fundamentally transformed real estate development, creating new complexities that demand a complete rethinking of project timelines and strategies. The New Reality of Local Approvals “If you’re talking about ...
Pocket Storage CEO Max Wilson argues the $50B self-storage industry is stuck in the pre-digital age, forcing customers through byzantine booking processes while newer sectors embrace automation. “It was easier for me to book a flight to halfway across the world on my phone than it was to access a bike parking facility in the ...
The key to successful hostel operations lies in systematically obsessing over guest experience, not just providing affordable beds, according to Nathan St Cyr, Co-founder of Howzit Hostels, which achieved recognition as North America’s top small hostel within three years of opening. Breaking the Hostel Stereotype “We’re going to build this thing out and renovate this ...
A veteran DC-area real estate expert is challenging the way institutional investors view the DMV market, particularly their outdated perceptions of Arlington and other close-in suburbs. “I saw this during my time at Aetna,” says Chris Ott, now with the Keri Shull Team at eXp Realty, drawing on his experience managing a $400 million commercial ...
A severe housing shortage along Oregon’s northern coast is forcing employers to take extraordinary measures to maintain operations, according to industry expert Rashelle Newmyer, who points to growing opportunities for strategic investment in the region. The Worker Housing Crisis “Rogue Breweries in Newport, Oregon, sometimes they’ll shuttle in people from Portland to come work at ...
The traditional landlord-tenant relationship in commercial real estate is undergoing a dramatic transformation, and property owners who fail to adapt risk being left behind, according to Zachary Pranger, Commercial Real Estate Advisor at Group Realty. The Partnership Revolution “We’re seeing a fundamental shift in how tenants and landlords interact. It’s becoming more of a partnership ...
Commercial real estate valuations are undergoing a fundamental transformation that many industry players aren’t prepared for, according to Zachary Pranger, Commercial Real Estate Advisor at Group Realty. The traditional metrics that have guided the industry for decades may no longer be sufficient in today’s rapidly evolving market. The Valuation Crisis “Traditional cap rates don’t tell ...
Leading data center advisor argues that despite high-tech reputation, these facilities are fundamentally industrial real estate plays with surprisingly stable infrastructure. Data centers may seem like complex, high-risk investments, but industry veteran Everett Thompson says the fundamentals are surprisingly straightforward and stable. “The meantime between failure of a transformer is measured in hundreds of years,” ...
The U.S. hostel market is poised for significant growth, according to Nathan St Cyr, Co-founder of Howzit Hostels and Malama Capital, pointing to Generator’s recent $400 million acquisition of Freehand’s four U.S. properties as a watershed moment for the industry. Institutional Capital Recognizes Untapped Potential “If one of the biggest, baddest players in the European ...
A wave of commercial property refinancing challenges is looming as higher interest rates collide with loans made during the zero-rate era, according to Joel Miller, Managing Partner at Wall Street Capital Partners and a host of Mornings with Joel: Commercial Real Estate Podcast. “That’s what we’re finding with a lot of commercial real estate right ...
Rising insurance costs in coastal markets are fundamentally reshaping commercial real estate investment strategies, with some property expenses reaching unprecedented levels, according to Joel Miller, Managing Partner at Wall Street Capital Partners and a host of Mornings with Joel: Commercial Real Estate Podcast. “There’s times where the insurance can be higher than the taxes, which ...
The real estate industry stands on the brink of a technological transformation that will fundamentally change how properties are evaluated and presented, according to one industry expert. “We’re now seeing a transition…there’s a technology shift that everyone is aware of, and we’re now just trying to figure out how this applies in the real estate ...
“When interest rates rise and markets falter, that’s when real expertise matters,” says Joel Miller, Managing Partner at Wall Street Capital Partners and host of the Mornings with Joel: Commercial Real Estate Podcast. “Anyone can succeed in rising markets, but finding value during challenging periods requires experience and relationships.” In a commercial real estate landscape ...
While many retail properties struggle with e-commerce competition, one surprising segment is attracting major institutional capital: unanchored shopping centers. According to George Wommack, CEO of Headwall Investments, these centers’ heavy concentration of service-based tenants makes them uniquely positioned to thrive in the digital era. The Service-Retail Shield “Over 90% of these portfolios are service retailers, ...
Office buildings have become cold, institutional spaces that feel more like prisons than workplaces, according to Robert Hayman, Founder and CEO of Vibe Office Properties. His solution? Bringing the boutique hotel concept to commercial real estate. The Problem with Traditional Office Space “Too many buildings are beautiful but they all looked and felt the same,” ...
