Steve Marcinuk

Hawaii has almost no institutional experience with public-private partnerships. The state has completed, by one account, a single P3 in its history, a small apartment complex near the university. A planned P3 for a segment of Honolulu’s rail system was withdrawn during procurement. Now the state is attempting to execute what may be its most ...

Private capital is moving into commercial real estate at a pace that outstrips the research infrastructure most of these investors have access to. Institutional buyers have long relied on proprietary data, dedicated analyst teams, and relationships built over decades to understand a market down to the block level. A newer wave of private investors and ...

The assumption that family offices are locked down and careful with security – given how much capital they manage – does not hold up once you look past the largest operations. Smaller family offices, particularly those managing one to three portfolio companies, often lack the cybersecurity maturity that outsiders assume they have, according to Vijaya ...

The mortgage industry has long been one of the more paper-heavy corners of real estate. Loan applications move through multiple hands, documents get reviewed and re-reviewed, and data gets entered manually into systems that have been around for decades. Industry research puts the average closing timeline at over 40 days per loan. A growing number ...

Commercial real estate development in Southern California is widely regarded as one of the most difficult operating environments in the country. Strict zoning regulations, complex entitlement processes, and competitive land markets create barriers that stop many developers before they ever break ground. Yet for Southern California Equity, those same obstacles have become the foundation of ...

For years, institutional real estate investors rode returns driven largely by capital markets activity. When interest rates were near zero, generating gains was relatively straightforward. That era is over, and the shift is changing how pension funds, endowments, and foundations choose who manages their money. The change is visible in how investors now evaluate managers, ...

The conventional image of industrial real estate, massive distribution centers, six-figure square footage, institutional capital, does not match what is actually happening on the ground in Houston. While national coverage focuses on large speculative builds near ports and logistics corridors, a different pattern is playing out in the city’s flex and light industrial segments: demand ...

The conventional narrative about commercial lending pullback focuses on big banks and headline-grabbing office defaults. But in the Mid-Atlantic’s middle market, deals between $2 million and $15 million, the tightening is showing up in subtler, more consequential ways: shorter interest-only periods, lower leverage ratios, and a new insistence on seasoned cash flow that extends timelines ...

Six years after the pandemic reshaped how and where people work, Chicago’s commercial interior construction market is showing clear signs of recovery. Downtown foot traffic is up, transit ridership is climbing, and building owners are once again investing in their spaces. For firms like Plan North Construction Services, a Chicago-based general contractor specializing in commercial ...

Finding shared housing in European cities has never been straightforward, but the gap between supply and demand has grown sharply in recent years. In Switzerland, as in many urban markets across the continent, the number of people searching for a room vastly outnumbers those offering one. For Safras Rawfal, who experienced this firsthand while studying ...

Military families relocating to the Tampa Bay area are increasingly bypassing neighborhoods near MacDill Air Force Base in favor of surrounding suburbs. The shift is driven by school quality, family-oriented communities, and lower prices per square foot. According to Oleg Shypitsyn, a Real Estate Advisor with LPT Realty’s Military Veteran Team, relocating buyers are evaluating ...

Northeast Florida has spent much of the past decade absorbing population growth, tourism pressure, and an aging building stock that increasingly needs attention. For smaller design firms operating in this environment, the challenge is less about chasing volume and more about finding the right clients at the right time. Open City Architecture, a boutique firm ...

For most investors, agriculture has long existed outside the boundaries of a typical portfolio. It’s an asset class that produces food for billions of people, yet for decades it remained largely inaccessible to anyone outside farming families or large institutional funds. That is gradually changing as platforms open the door to smaller private investors seeking ...

For most of the past decade, real estate agents looking to generate leads online had a fairly predictable playbook: build a presence on Zillow, run some Facebook ads, and hope referrals filled in the gaps. That model is losing effectiveness. As buyers and sellers increasingly turn to AI-powered tools like ChatGPT and Gemini before they ...

At $20,000 a week and up, a villa listing is never really the product. What’s actually being sold is certainty: that the pool is heated, the beach isn’t buried in seaweed, the generator works when the power grid doesn’t. That certainty is becoming harder to find as luxury travel grows, which is why more high-net-worth ...