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, ...
Ontario’s distressed property market is being driven by mounting financial stress that rarely appears in foreclosure statistics or power-of-sale filings, according to Sebastian Jania, co-founder of Ontario Property Buyers. Instead of formal defaults, Jania says a growing number of owners are selling properties they have held for decades, pushed by broader financial strain rather than ...
Ontario’s real estate market is approaching a mortgage reset crisis that will be more severe than what is unfolding in the United States, according to Sebastian Jania, co-founder of Ontario Property Buyers. The cause is not property values or general economic trends, but the structure of Canadian mortgages. Jania points out that Ontario’s standard five-year ...
Gerard Hagan, co-owner and agent at The Best Edmonton Real Estate Team, says Edmonton’s real estate market follows clear seasonal cycles that create unique opportunities for buyers, especially those interested in new construction. While spring is known for peak activity, maximum inventory, and heightened buyer competition, Hagan points out that winter offers a strategic advantage ...
Naples has officially shifted out of its pandemic-era frenzy. After two years of record pricing and homes selling within days, inventory has climbed, listings are sitting longer, and price reductions are becoming part of the conversation again. Sellers who once expected quick deals and multiple offers are now facing longer timelines and tougher negotiations, especially ...
Linda Fleischer of Coldwell Banker Realty says fear of unpredictable HOA increases is making Florida condos nearly unsellable to the demographic that should want them most. Florida’s condominium market is facing a crisis that goes beyond recent changes to reserve requirements and new mandates for special assessments. According to Linda Fleischer, a licensed real estate ...
The public construction industry faces a pricing disorder that surpasses the confusion of pre-Internet real estate, according to one industry insider. While residential homebuyers once struggled to value properties without reliable sales data, contractors bidding on public infrastructure projects face even greater information gaps—resulting in bids on identical projects that can differ by millions of ...
Among major American industries, construction remains uniquely disconnected from aggregated data infrastructure. Unlike real estate, which has centralized platforms like Zillow or financial markets with Bloomberg terminals, construction relies on information scattered across thousands of municipal filing cabinets. All relevant data is technically public record, but until recently, almost none of it was accessible in ...
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 ...
Société immobilière Bélanger moves into Ottawa, Calgary, and Edmonton as institutional capital focuses on NOI and asset sales. The multifamily investment landscape is undergoing a notable capital rotation. Institutional investors are pulling back from acquisitions, while private operators with strong balance sheets are moving aggressively into secondary markets. This divergence has created an opportunity for ...
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 ...
The real estate market is facing a persistent inventory shortage, not because of strong buyer demand, but because homeowners who locked in low mortgage rates during the pandemic are unwilling to sell, according to Staten Island broker associate Kevin Borgersen. This supply constraint, he argues, is hindering transactions and reshaping how the market functions. Borgersen, ...
California has expanded its permanent supportive housing stock in recent years. Still, Brad West, Policy Specialist at the Supportive Housing Alliance, warns that the sector now faces a crisis most policymakers overlook: the lack of operating subsidies. While public discussion often focuses on construction financing and land, West says the real bottleneck is the ongoing ...
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 ...
