The latest real estate industry news and announcements
As regulators finally distinguish industrial hemp from cannabinoids, the fiber-and-grain market is accelerating – and with it, demand for farmland, power-heavy industrial buildings, and logistics infrastructure. For years, most of the public conversation about hemp has centered on cannabinoids and the regulatory tug-of-war that surrounds them. But that spotlight has obscured a far larger, more ...
Image Source: KeyCrew Media, generated with Google Imagen 4 How rent controls, supply gaps, and real-world economics shape what happens next in NYC and beyond. New York City’s new mayor-elect, Zohran Mamdani, campaigned on a vision centered on tenant protections, affordability mandates, and large-scale public investment. The proposals vary in scope, but they share a ...
Image Source: KeyCrew Media, generated with Google Imagen 4 For all its innovation, real estate remains an industry divided by its own technology. Within businesses, the software that runs marketing, client management, and property operations often can’t share data or workflows. Across the industry, the problem repeats on a larger scale: brokerages, MLSs, vendors, and ...
Image Source: KeyCrew Media, generated with Google Imagen 4 In commercial real estate, value is no longer defined only by location, size, or rent. Increasingly, it’s defined by intelligence: the data a property generates about how it operates, how efficiently it uses energy, and how people move through it. From sensors that track utility use ...
Miami property management executive Joseph Hunike, COO of Threshold, says the South Florida property management industry is failing to meet even basic professional standards. As investment flows into Miami from across the U.S. and abroad, many property managers are not providing the communication and financial transparency that investors expect in other major markets. Hunike describes ...
First-time homebuyers in Rhode Island are struggling to compete for move-in-ready properties, but there are alternatives for those willing to adjust their expectations, according to Walt Buteau, a real estate advisor at Engel & Völkers Oceanside. Limited inventory under $500,000 and widespread demand for turnkey homes have created a market where entry-level buyers routinely lose ...
Rhode Island’s house-flipping market remains active, but investors are struggling with rising acquisition costs that are reducing the profitability of renovation projects. Walt Buteau, a real estate advisor at Engel & Völkers Oceanside who specializes in investment properties and flips, says the challenge is not a lack of interest but a sharp increase in prices ...
Seller psychology and demographic trends are creating a housing shortage in Rhode Island that extends far beyond the 20% of homeowners holding onto low mortgage rates, according to local real estate advisor Walt Buteau of Engel & Völkers Oceanside. Rhode Island’s inventory crisis is often blamed on homeowners with sub-4% mortgages who are unwilling to ...
The traditional real estate brokerage model, built on networks of physical branch offices across every market, is under increasing financial strain. Cheryl Wellman, Chief Financial Officer at AccountTECH and former controller at Premier Sotheby’s International Realty, says rising costs are forcing brokerages to close and consolidate branch offices at a pace not seen in decades. ...
Established hotel owners are increasingly lending money to other hotel owners and operators, stepping into a role traditionally filled by banks and debt funds. As credit tightens and acquisition opportunities shrink, these experienced operators are using their own balance sheets to finance deals, effectively becoming lenders, but with the ability to step in and operate ...
The idea that regional banks have pulled back entirely from commercial real estate lending oversimplifies the reality, according to Stephen Haase, Director of Capital Markets at Greysteel. While regional banks have not exited hotel lending altogether, they have become much more selective based on deal size. Haase says this shift is creating a clear split ...
Across the hospitality sector, fewer hotel deals are getting done, and the reason is largely practical rather than macroeconomic. As the cost of bringing properties up to current brand standards continues to climb, renovation budgets are increasingly breaking the math on potential transactions. In many cases, the added capital required upfront makes deals harder to ...
South Florida’s condominium market is facing a crisis driven not by sale prices but by the soaring insurance premiums that are baked into monthly association fees. As those master-policy costs climb, the fees tied to them have doubled or even tripled, leaving many entry-level units effectively out of reach for the buyers who once relied ...
The real estate industry stands at a pivotal moment in its technological evolution. After years of experimenting with chatbots, predictive analytics, and automated marketing tools, a new generation of AI is emerging that promises to fundamentally change how business gets done. These aren’t just smarter tools—they’re autonomous agents capable of handling complex, multi-step processes from ...
Rhode Island’s housing market has hit a critical affordability threshold, sharply narrowing the pool of potential homeowners. With the statewide median approaching $500,000 and projections suggesting it could reach $600,000 by 2027, the state is facing a crisis that threatens to change its demographic and economic landscape. “It’s getting harder and harder to find a ...
