Steve Marcinuk

Interior designer Sharon Rembaum rebuilt this 2,100-square-foot condominium down to the joists as her own home. Tribeca has no shortage of handsome renovated lofts. Sellers and developers, though, often finish them with the next buyer in mind, choosing what will read well on a tour and photograph well on the way to market. The residence ...

The 1031 exchange is one of the most powerful tax-deferral tools in commercial real estate, and one of the most likely to collapse before closing. Between 50 and 60 percent of 1031 exchanges fail, according to Scott Abeel, who spent six years as a commercial retail broker in Texas before launching Exchango, a platform connecting ...

The economics of building new homes in Southern California have shifted in ways that aren’t visible from a listing page. Development costs for turning raw land into finished lots have more than doubled over the past two decades in parts of the Inland Empire – from roughly $55,000–$60,000 per lot to $110,000–$115,000 – while home ...

Construction’s interest in artificial intelligence has centered on estimating – the step that turns a set of drawings into a price. But an estimate is only as sound as the quantities underneath it. The step that produces those quantities, known as the takeoff, is where much of the industry’s pricing still goes wrong. Measuring walls, ...

The biggest risk in a fix-and-flip project is not picking the wrong house. It is running out of money halfway through the renovation. The issue is not the down payment. It is everything that comes after it. Scott Ward, owner of Lakewood Ranch Lending and the parent Ward Company in Bradenton, Florida, has closed more ...

For years, cost segregation was a strategy reserved for owners of large commercial properties, the kind worth a million dollars or more. The economics simply didn’t work at smaller scales. Engineering firms charged $5,000 to $8,000 per study, required in-person site visits, and took weeks to deliver results. For someone who owned a duplex or ...

A generational turnover is underway in independent medical practices across the United States, and it is creating a real estate problem that most commercial brokers rarely encounter. Roughly 30 percent of physician-owners looking to sell their practices also own the building, according to Shaun Rudgear of Strategic Medical Brokers, a national firm that specializes in ...

Sacramento’s reputation as a value alternative to the Bay Area helped fuel years of inbound migration and rising prices. Now, with that migration wave largely absorbed and economic uncertainty keeping both buyers and sellers cautious, price reductions are becoming routine – and no neighborhood, however popular, is exempt. Jim Anderson, an agent with Windermere Signature ...

The narrative forming around North Jersey’s rental market is that it’s softening. By at least one measure, that’s accurate: leasing teams are working harder, showing more units, fielding more inquiries per signed lease, and spending significantly more on marketing than they did three years ago. But the actual rents tenants are paying have held up ...

Compliance has become the defining pressure in UK facilities management, and confidence in meeting it is falling. In SFG20’s State of Facilities Management 2026 Report, a survey of nearly 200 built-environment professionals found that 72% named improving compliance and safety as their top priority. Only 54% were confident their organization could achieve it, a nine-point ...

In most real estate markets, transaction volume tracks interest rates, job growth, and inventory. In Evergreen, Colorado – a mountain community roughly 30 minutes west of Denver, sitting between 7,500 and 8,500 feet in elevation – the pattern is different. Most buyers and sellers are acting on personal circumstances, not market timing, according to Jillian ...

Most discussions of farmland values center on crop yields, commodity prices, and interest rates. In the dairy country of western Wisconsin, a different buyer is driving the market: the recreational hunter. Whitetail deer hunters have pushed per-acre prices beyond what agricultural economics alone would justify, creating a land market where habitat quality, trail camera history, ...

A year ago, newer private lending fund managers were writing offering memorandums with relatively loose language. Today, those same documents read differently, stricter concentration limits, double-underwriting requirements, and pledges of conservative asset allocation that would have seemed unnecessary in a more optimistic climate, according to Scott Ward, owner of The Ward Company and its subsidiaries, ...

Across the UK rental sector, operating costs are climbing faster than revenues. For operators managing student housing and build-to-rent portfolios, the math is straightforward: if you cannot grow the top line fast enough, you have to shrink the cost base. That pressure is reshaping how properties are staffed, what technology they run on, and where ...

Multifamily sponsors who underwrote three-to-five-year holds are refinancing and extending rather than selling into a market that won’t deliver the exits they projected. Lenders have largely gone along. Through 2024 and 2025, modifying and extending loans to push maturities out was the default response to the refinancing squeeze, and many of those extended loans are ...