Real estate development in the United States is shaped not by federal policy but by thousands of local decisions across the country. Daniel Heller, CEO and co-founder of ReZone (recently acquired by Shovels AI), argues that this fragmentation leads to a core market inefficiency: information that is technically public often remains functionally out of reach ...
The main criticism of modular construction in real estate is that if factory-built modules do not cost less per square foot than traditional construction, the model fails. Daniel Kaufman, president of Kaufman & Company, argues this misses the real value in today’s construction environment. “Our biggest savings are time,” Kaufman says. “Getting a project completed ...
New York State’s scaffold law imposes a strict liability standard for gravity-related worker injuries, making property owners responsible regardless of fault. For small-scale multifamily developers, this law results in significantly higher insurance premiums that serve as a hidden regulatory tax, one that cannot be avoided through safer practices or better management. Insurance Premiums: A Hidden ...
Secondary markets across the country are changing their approach to industrial development: they are building warehouse and distribution space on a speculative basis, or risk being dismissed by companies before site visits occur. Ted Branson, SIOR Industrial Division Director at Landmark Commercial Real Estate in Wichita, says the old mode, waiting for tenant demand before ...
Wichita’s status as a global center for aerospace manufacturing is more than a slogan. Decades of investment by companies such as Boeing and Textron, along with their predecessors, have created a business environment that now attracts a diverse range of industrial and logistics operations, according to Ted Branson, SIOR, Industrial Division Director at Landmark Commercial ...
Sports facilities can reshape urban neighborhoods in ways that conventional development rarely achieves, according to Kevin Kelley, shareholder at Greenberg Traurig and veteran advisor on sports facility deals since the launch of Coors Field for the Colorado Rockies in the 1990s. Yet the long-term impact of these projects is often difficult for communities to grasp ...
Traditional institutional lenders rarely underwrite loans below $10 million, leaving a significant gap in the mid-market hospitality sector. This gap creates opportunities for operators who understand how to use alternative capital structures to acquire and grow hotel portfolios. Blake Dailey, CEO of Stayvest, which has completed eight hotel acquisitions, says the challenge is built into ...
Surging demand for data centers has created a new opportunity for industrial developers with access to what the market calls powered land — sites with large, immediately accessible electrical capacity that data center operators can’t easily find elsewhere. David Ebrahimzadeh, President and Founder of Corniche Capital, says the most attractive strategy isn’t to build and ...
When Forty Two Plus LLC, led by founder Jay Olshonsky, acquired Sperry to join its existing Sea Glass franchise, the company faced a challenge familiar to multi-brand operators: how to operate two distinct real estate franchises without creating brand confusion, internal competition, or operational inefficiency. Olshonsky, who serves as CEO of both Sea Glass and ...
With rapid appreciation no longer a given, investors are shifting their focus to dependable income and the equity gained through disciplined amortization. The era of effortless real estate appreciation, fueled by historically low interest rates and post-pandemic fervor, has definitively ended, forcing a painful but necessary philosophical reset among investors. For years, many sought wealth ...
While most real estate investors focus on interest rates and access to capital, a different risk is quietly derailing more commercial property deals: environmental liabilities hidden in properties with long operational histories. John Paul Teague, a partner at Musick, Peeler & Garrett LLP who recently closed what he calls “probably the second largest real estate ...
When Jeff Kravet launched his commercial real estate firm in 2012, he entered the market without a national brand, corporate resources, or a large team. Instead, he relied on a straightforward commitment: every client would receive his undivided attention, and there would never be conflicts of interest. Thirteen years later, Kravet Realty is outperforming expectations. ...
The Manhattan office market is seeing tenants stay put at a rate not explained by workplace trends, but by the economics of construction. According to David Badner, Managing Director at Norman Bobrow & Co., tenants are now far more likely to renew existing leases than relocate, as the costs of building out a new space ...
A Wisconsin city administrator argues that communities within an hour of major metropolitan areas offer better economic conditions and more motivated municipal partners than the crowded urban markets that typically attract developers’ interest. Real estate developers may be ignoring viable opportunities in smaller regional markets due to outdated assumptions, according to Alex Mansfield, City Administrator ...
When Fort Wayne released a request for qualifications (RFQ) for its North River District master development, city officials anticipated three to five responses from mostly regional developers—a typical turnout for a city of its size. Instead, they received proposals from 20 national firms, far exceeding expectations and signaling a significant shift in how national developers ...
