The next generation of storage customers won’t drive 20 minutes to an out-of-town facility, according to one industry leader, forcing a rethink of the traditional big-box storage model. The Urban Shift “More and more people are going to be moving into city centers. Everyone’s going to be living in relatively small buildings, cost of housing ...
The ultra-luxury real estate market is witnessing a fundamental shift in how properties are marketed, with increasing emphasis on controlled exposure rather than traditional public listings, according to one industry leader. “We’ve had an offering that our clients just love. It’s called Private Office,” reveals Michael Jalbert, CEO of Forbes Global Properties. “Private Office properties ...
The leader of a major build-to-rent housing company is pushing back against claims that institutional investors are squeezing out individual homebuyers, citing statistics that he says tell a different story about housing availability and affordability. “There’s a bit of misinformation in the industry,” says Richard Ross, CEO of Quinn Residences. “We’ve kind of gotten lumped ...
A veteran Australian real estate investor who has operated in multiple global markets argues that U.S. real estate benefits from unique structural advantages that many American investors may take for granted. The Fixed-Rate Advantage “Most Americans take it for granted. They don’t realize that America is the only country in the world with 30-year fixed ...
After two decades in Connecticut real estate, Jill Taylor has witnessed numerous market cycles. But the current environment presents a unique challenge she hasn’t encountered before: interest rates are fundamentally reshaping market behavior. “The fact that the rates are higher than what they currently have is holding people back from selling in order to move,” ...
Nashville’s evolving luxury market is being reshaped by data-driven insights into coastal migration, according to one of the city’s top-producing agents who spotted early warning signs of the trend. “During COVID lockdown, I started seeing this data on my computer showing a lot of people in California were coming to Tennessee and looking at my ...
Coastal Connecticut’s real estate boom is creating unexpected ripple effects inland, with secondary markets like Waterbury seeing unprecedented price appreciation and competition, according to one veteran Connecticut agent. Rudolph Perkins, a Coldwell Banker agent with over two decades of experience in the Connecticut market, says Waterbury properties are now routinely selling above asking price, a ...
A wave of commercial property refinancing challenges is looming as higher interest rates collide with loans made during the zero-rate era, according to Joel Miller, Managing Partner at Wall Street Capital Partners and a host of Mornings with Joel: Commercial Real Estate Podcast. “That’s what we’re finding with a lot of commercial real estate right ...
Rising insurance costs in coastal markets are fundamentally reshaping commercial real estate investment strategies, with some property expenses reaching unprecedented levels, according to Joel Miller, Managing Partner at Wall Street Capital Partners and a host of Mornings with Joel: Commercial Real Estate Podcast. “There’s times where the insurance can be higher than the taxes, which ...
While many builders are inserting escalation clauses to protect against rising material costs, one Connecticut firm is taking the opposite approach, absorbing most cost increases rather than passing them to buyers. “We take a lot of pride in being an at-risk builder…once you sign a contract with us, if materials end up costing more, whether ...
While much of the nation grapples with market uncertainty and growing inventory, Connecticut faces a persistent and intensifying housing shortage that shows no signs of easing, according to a veteran builder in the state. “Here in Connecticut, we have kind of a unique situation. We continue to have record level shortage in housing here. So ...
Los Angeles real estate expert Sara Skelton, a Realtor at eXP Realty and host of The LA Real Estate Podcast, says California’s property insurance market is rapidly contracting, creating a new crisis for homeowners and buyers in high-risk areas. The Shrinking Market “As of a couple of years ago, there was only two insurance companies ...
The solution to America’s housing affordability crisis might not require building a single new structure, according to Craig Curelop, co-founder of The FI Team at eXp Realty. Instead, he argues that reimagining how we use existing single-family homes could dramatically expand housing availability almost overnight. “With our current infrastructure, we could basically 6-7-8 times the ...
“When interest rates rise and markets falter, that’s when real expertise matters,” says Joel Miller, Managing Partner at Wall Street Capital Partners and host of the Mornings with Joel: Commercial Real Estate Podcast. “Anyone can succeed in rising markets, but finding value during challenging periods requires experience and relationships.” In a commercial real estate landscape ...
The construction technology landscape in Latin America is experiencing significant change as companies adapt to economic headwinds while capitalizing on nearshoring opportunities. At the center of this development is Licify, a Colombian proptech company that has expanded far beyond its original procurement platform to become what Fernando Olloqui, Founder & CEO of Licify, describes as ...
