Hotel owners are facing a profitability squeeze that extends beyond rising interest rates. Brent Jaynes, Managing Partner at Leisure Real Estate Advisors, says operators are contending with sharp, simultaneous increases in insurance, labor, and commodity costs that cannot be offset by raising room rates alone. This pressure on cash flow is changing day-to-day operations and ...
Indiantown is attracting industrial projects from Martin County by offering faster permitting and fewer regulatory hurdles, according to Village Manager Taryn Kryzda. Developers increasingly choose Indiantown over Martin County to avoid long approvals and extra environmental rules. A recent example highlights the difference: a pump testing facility for rocket engines spent 18 months trying to ...
Administrative transitions in Washington significantly influence office, industrial, and retail real estate across Maryland, Virginia, and the District of Columbia. According to Chris LeBarton, Director of Research at KLNB, the Mid-Atlantic differs from most U.S. commercial markets. Its demand patterns are tied directly to federal budgets, research funding, and government employment levels, rather than standard ...
Indiantown has halted new development after determining its aging water system has reached full capacity, even as residential builders propose projects that could significantly expand the community. The situation highlights the gap between development demand and utility capacity in Florida’s inland markets. The Village of Indiantown stopped approving new projects in 2023 after an engineering review ...
New Orleans property owners are grappling with a stark economic contradiction. While the average home price in the city is 15 percent below the national average, the typical cost of homeownership is 15 percent above it. Michael Mito, Commercial Division Director at United Real Estate | Partners, says this imbalance between property values and ownership ...
The commercial real estate industry is facing a sharp decline in the effectiveness of cold calling, and Joe Santaularia says artificial intelligence is a major reason. As AI-powered prospecting platforms automate email campaigns, dialing, and personalized outreach at scale, brokers are sending exponentially more messages than ever before. The result, says Santaularia, president of CORFAC ...
Secondary and tertiary markets along interstate corridors are attracting more interest from manufacturers. These companies are seeking lower property costs and reliable labor pools, advantages that now surpass those in primary markets. Steve Zuber, Principal at BARBERMURPHY, reports that his firm is seeing a growing number of companies consolidating operations into single facilities in these ...
A new wave of demand for industrial real estate is emerging in the Midwest as waste-to-energy technology finally becomes economically viable. Facilities that convert solid waste into energy or fuel products, which were once a niche segment, are now attracting significant attention from brokers and investors, especially in secondary markets. Steve Zuber, Principal at BARBERMURPHY, ...
Colliers Executive Vice President David Gabbai, who has spent 36 years in commercial real estate, says the most successful brokers are those who can solve problems creatively when market fundamentals change dramatically. In a landscape where traditional deal structures often break down, Gabbai argues that two qualities, deep relationships and multi-market experience, have become critical ...
For decades, the commercial real estate services industry has relied on a fragmented model, with enterprises assembling networks of local specialists to serve national portfolios. Basm Mohsen, founder and CEO of VIRTUALSPACE.xyz, argues that this approach is reaching its limits as companies confront the operational headaches of managing a patchwork of vendors. “Companies have a ...
Many companies managing large property portfolios are missing out on cost savings because they believe comprehensive spatial documentation requires a major investment. Basm Mohsen, founder and CEO of VIRTUALSPACE.xyz, says this misconception persists across the commercial real estate sector and leads to unnecessary spending and missed opportunities. Misjudging the Real Cost of 3D Capture The ...
Commercial real estate firms face a persistent challenge: retaining top talent in an industry where no single model satisfies everyone. According to Joe Santaularia, president of CORFAC International and EVP/Director of Strategic Investor Relationships at Bradford Commercial Real Estate, the core issue is not a shortage of skilled professionals, but the difficulty of designing compensation ...
The industrial real estate market is no longer driven by the traditional process of companies identifying space needs and hiring brokers to fulfill them. According to Joe Santaularia, president of CORFAC International and EVP/Director of Strategic Investor Relationships at Bradford Commercial Real Estate, deals are now emerging from within supply chain professional networks. Brokers who ...
Anyone considering buying or selling property in Texas is entering a market that looks very different from how it did just a few years ago. Downtown office towers in Houston are sitting vacant and being considered for apartment conversions, large-scale data center projects are driving up demand for land near power infrastructure in Houston and ...
After a difficult 2023, the commercial real estate lending market has rebounded. Lenders are actively competing for deals again, and transaction volume has surged. However, according to Brandon Chicotsky, Managing Principal at God Bless Retirement, this recovery has come with a lasting change in how assets are evaluated and financed. Chicotsky describes the shift simply: ...
