Upstate South Carolina’s commercial real estate market is facing a critical shortage of vacant land, according to Maggie Steck, broker in charge at Freedom Commercial. Steck, who has specialized in land sales across the region since 2020, says Greenville’s most desirable areas are now fully claimed, leaving developers with few options besides moving into riskier ...
The commercial real estate brokerage industry relies on a flawed agent development model, according to Jamie Maniscalco, President and Managing Broker at The Alpha Commercial in Miami. Maniscalco contends that the difference between training and mentorship determines whether agents succeed or leave the industry. “Companies say that they offer training, but it’s really more, hey, ...
Venture capital and engineering firms are redirecting resources to data infrastructure, sidelining traditional office and retail projects across Texas, according to industry veteran Sergio Grado. Grado, owner of GradCo Distributors and former business development executive at several global construction and engineering firms, says the Texas commercial real estate market has shifted sharply in recent years. ...
RAL Companies president Spencer Levine says that avoiding trend-driven design is now a critical survival strategy for developers, as project timelines grow longer and market cycles become less predictable. Real estate development faces a timing challenge that most in the industry avoid discussing, according to Levine. Projects that take three to five years from conception ...
New York City’s property tax system, in place since 1981, is facing growing pressure to be overhauled. David Wilkes, a partner at Cullen and Dykman, warns that the system’s days in its current form are likely numbered, with significant changes now appearing more probable than ever. “Something’s going to happen,” Wilkes says. “We just don’t ...
Transaction volume across Northern Nevada’s commercial real estate market has dropped sharply, according to Ted Stoever, Executive Vice President at Colliers. Stoever attributes the slowdown to a lack of available financing, not changes in demand or property fundamentals. However, he predicts that 2026 will bring a wave of sales activity, not because credit conditions will ...
Northern Nevada’s development market has nearly stopped, with commercial building permits down 80 percent, according to Ted Stoever, Executive Vice President at Colliers. Stoever attributes the drop to construction costs that have made new projects financially unfeasible. “Industrial is slowed down substantially,” Stoever says. “Building permits, commercial building permits in general, are down 80 percent.” ...
Legal framework differences between New York and Florida mean restaurant operators face full-term personal liability in one state but have defined exit options in the other, fundamentally altering the economics of multi-unit growth. Restaurant operators expanding from New York to Florida encounter a legal hurdle that significantly changes their risk calculations, according to David Helbraun, ...
Norman Bobrow, president and founder of Norman Bobrow & Co., Inc., warns that office buildings financed above 65% loan-to-value face fundamentally different constraints than conservatively financed properties – and tenants are bearing the consequences. The current distress in the office real estate market is directly attributable to overleveraging during the last expansion cycle, according to ...
Ohio developers face a permitting problem unrelated to market demand or project quality, according to Brian Lorenz, Director of Planning and Permitting for the Ohio House of Representatives. Instead, Lorenz says, developers must navigate overlapping jurisdictions that require the same permit applications to be submitted multiple times—often with conflicting requirements that can make projects economically ...
As real estate prices in established Midwest markets climb beyond the reach of many adaptive reuse projects, developers are reconsidering where to invest. According to one industry executive, secondary markets are positioned to benefit from an apparent economic reality: the cost of acquiring and converting buildings in legacy cities remains dramatically lower than in their ...
Institutional investors entering secondary markets often overlook how neighborhood opposition and complex entitlements can derail otherwise viable projects, according to a Kansas City developer who advises fund managers. When institutional investors move into secondary markets, they typically bring strategies honed in significant cities, detailed market analysis, and the belief that their resources can overcome local ...
Florida’s real estate development faces a growing risk that is receiving little public attention: the long-term availability of potable water. Bill Eshenbaugh, founder of Eshenbaugh Land Company, warns that water constraints could soon outweigh regulatory and financial challenges as the state’s population and industry expand. “The biggest risk probably is where we get the availability ...
In Tampa Bay, institutional investors are not holding back capital in hopes of lower prices or improved sentiment. Instead, the extended timeline from land purchase to certificate of occupancy is making it almost impossible to underwrite new projects with confidence, according to Bill Eshenbaugh, founder of Eshenbaugh Land Company. Delays in permitting, regulatory changes, and ...
Industry veteran Sergio Grado, who has worked across Houston, Dallas, Austin, and San Antonio for over two decades, says Texas’s major real estate markets now face distinct challenges that generic investment strategies cannot address. Grado, a second-generation builder with experience in construction, business development, and distribution throughout Texas, observes that the differences among Houston, Dallas, ...
