Industry News

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 rapid expansion of artificial intelligence in the United States is driving unprecedented demand for data center infrastructure. Yet in many secondary and tertiary markets, local opposition, often fueled by misunderstandings about data center operations, has become a major barrier to new development. Steve Zuber, Principal at BARBERMURPHY, says that in much of the Midwest, ...

Public construction projects are supposed to be carefully priced to protect taxpayer money. But for decades, contractors have relied on guesswork when estimating costs for materials, labor, and equipment. The difference between bids can be enormous, and when estimates miss the mark, communities often pay the price through delays, budget overruns, or fewer projects completed ...

The real estate industry is still grappling with the fallout from a series of high-profile lawsuits that challenged how agents are paid and how those payments are made clear to buyers. The main issue was that in many transactions, although the seller paid the buyer’s agent’s commission at closing, that money came from the home ...

Farmington Hills, a suburb of Detroit, is undergoing a wave of new development, marked by three major projects: the demolition and rebuild of a shopping center, a 76-unit condo development on a long-vacant orphanage site, and a series of office-to-residential conversions along one of metro Detroit’s most affluent corridors. Construction cranes are now a common ...

Oversupply, rising costs, and tougher regulations have exposed how fragile the short-term rental model really was – and why so many investors are now facing losses, foreclosures, or a forced reset. Short-term rentals (STRs) were once the darling of residential investment, offering seemingly endless returns during the post-COVID boom. But that trend has shifted profoundly ...

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. ...

Developers may be passing over viable projects in smaller communities because local zoning codes are too complex to understand, according to one Wisconsin city administrator leading a complete overhaul of his city’s regulations. Alex Mansfield, City Administrator of Amery, Wisconsin, says the city’s zoning codes—last fully codified in 2004—have become so lengthy and contradictory that ...

Veteran broker Jeff Quintin, CEO of The Quintin Group, says the real estate team model is undergoing a structural change that challenges long-standing assumptions about how agents grow their businesses. After decades of building a top-producing local team, Quintin now operates two parallel organizations with distinctly different approaches — and the newer, digital network is ...

The broadcast industry’s outlook for 2026 relies heavily on the expectation that Republican FCC leadership will relax ownership caps, which could spark a surge in consolidation. However, Roger Rafson, President of CMS Station Brokerage and Managing Director at Media Services Group, cautions that regulatory relief addresses only one part of a much larger and more ...

Imagine you find the perfect condo in Boca Raton. The price fits your budget, and the location is ideal. Then you receive the insurance quote: $8,000 a year. Suddenly, your monthly housing cost jumps by $650, and the deal no longer works. For buyers and homeowners across South Florida, home insurance has become a major ...

When you buy or sell a home, part of what you’re paying for goes beyond your agent’s time and expertise. Behind every transaction is typically a real estate brokerage covering a wide range of costs that directly affect how smoothly your deal moves forward. Those behind-the-scenes expenses shape everything from the technology your agent uses ...

Five years ago, Miami renters were most concerned with pools and parking spots. Today, those amenities still matter, but they no longer top the list of must-haves. Instead, priorities have shifted in response to changes in work habits, technology, and lifestyle. Lissette Calderon, CEO of Neology Group, has leased up four Miami buildings in under ...

For several years, buying a home in South Florida meant acting fast, bidding aggressively, and accepting sellers’ terms. Inspections were waived, bidding wars were common, and sellers dictated the pace. That period has ended. Kirsten Smith, a Realtor Associate with Douglas Elliman Real Estate, has worked in the Boca Raton and Delray Beach markets for ...

Three years ago, buyers touring a $3 million home in Boca Raton focused on square footage or school districts. Today, their first questions are about air quality systems or whether there’s space for a cold plunge. The definition of luxury has changed, with health, wellness, and immediate comfort now at the top of the list. ...