After a difficult 2023, the commercial real estate lending market has rebounded. Lenders are actively competing for deals again, and transaction volume has surged. However, according to Brandon Chicotsky, Managing Principal at God Bless Retirement, this recovery has come with a lasting change in how assets are evaluated and financed. Chicotsky describes the shift simply: ...
The Wilmington rental market shows a clear split in performance by bedroom count, a factor now determining which properties succeed and which struggle. Catherine Huffman, co-owner of Keyrenter Wilmington, reports that rents for three-bedroom and larger homes have increased year over year, while two-bedroom units have declined over the same period. “Three bedrooms and up ...
A mountain pass separating Wyoming from Idaho marks more than a geographic boundary. It reflects a 6.5% tax difference, influencing where affluent real estate buyers invest. Traditionally, real estate agents in vacation markets have advised clients based on lifestyle factors such as recreation, scenery, and amenities. Samuel Haack, associate broker at Berkshire Hathaway HomeServices Brokers ...
Hartford’s effort to convert vacant office buildings into housing reveals the limits of adaptive reuse as a large-scale solution. The city’s experience shows the idea is appealing, but execution challenges often make broad policy goals unworkable. David Steuber, Executive Director of the Capital Region Development Authority (CRDA), says the main obstacle is that each building ...
A local broker says rising home values and property taxes that often exceed $30,000 a year are creating an affordability problem in Bergen County and could threaten long-term market stability. Christian Di Stasio, broker associate and managing principal at the Christian Di Stasio Group, says the challenge is not a temporary market fluctuation but a ...
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, ...
In most parts of the country, a $5 million home would dominate the luxury market. In Silicon Valley, it can feel almost ordinary. In this elite pocket of California, properties priced between $5 million and $10 million are lingering for weeks and often facing price reductions, while estates above $15 million are attracting multiple offers ...
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 ...
In today’s moderate-price real estate markets, even a small pricing mistake can mean the difference between a quick sale and a listing that goes stale. That’s the reality Lynn LaForme, a top-producing agent at Showcase Realty in Waterbury, Connecticut, encounters daily. With over $120 million in residential sales, LaForme says the days of “testing the ...
South Florida’s mixed-use developments are evolving from retail-driven centers into modern city plazas, where retail serves a supporting role. According to Nicolas Pinzon, Associate Principal at RSP Architects, this shift reflects a new understanding of how these developments should function in urban life. Pinzon, who joined RSP’s Miami office four months ago and has three ...
Year-round outdoor living gives South Florida a clear advantage in how mixed-use projects are designed, built, and marketed, according to Nicolas Pinzon, Associate Principal at RSP Architects. Pinzon, with 25 years of experience designing projects in Europe and Latin America, says this climate advantage is not just about lifestyle; it directly influences the economics and ...
South Florida’s affordable housing shortage is forcing architects and developers to rethink how they design, finance, and operate new projects. The challenge goes far beyond cutting costs; it requires a complete recalibration of what makes a project viable in a market shaped by new workforce housing requirements and rising development expenses. Nicolas Pinzon, Associate Principal ...
Manhattan residential buyers are making a costly mistake by focusing solely on interest rates, according to Justin Neissani, a licensed real estate salesperson at The Corcoran Group. Although many buyers hesitate to act because mortgage rates are in the six percent range, Neissani argues that this narrow focus overlooks a key market reality: the purchase ...
California’s affordable housing debate is dominated by calls to build more units, faster. Lawmakers announce new construction projects. Advocates push for streamlined approvals. Headlines celebrate ribbon-cuttings for new developments. But behind the scenes, a quieter crisis is unfolding. The challenge is not just building new housing – it’s keeping existing affordable buildings financially stable so ...
A senior real estate executive says the widely reported weakness in the Florida condo market is overstated because overpriced listings distort the data. At the same time, well-priced properties continue to sell at a steady pace. The Statistical Distortion Florida’s condominium market has attracted negative headlines for over a year: prices are falling, listings linger ...
