The New Orleans hotel market has undergone a dramatic transformation in ownership structure over the past three decades, according to Len Wormser, Senior Vice President at HREC Investment Advisors, who argues this shift signals both challenges and opportunities for the market. “Twenty-five or thirty years ago, 85% of every hotel in New Orleans was owned ...
The Piedmont Triad’s real estate market is experiencing a significant shift in how top-performing brokers approach property marketing, with many now proactively seeking professional staging services, a dramatic change from just a few years ago, according to one industry expert. “We’re seeing a lot more interest as a strategy among some top performing brokers, where ...
Despite facing competition from well-funded institutional investors, local Texas cash buyers are finding success by emphasizing personal relationships and market knowledge, according to Lisa Martinez, Founder of TX Cash Home Buyers. “Sometimes we do lose out. But then there are some sellers that rather work with a smaller company, kind of more personal, versus just ...
Katie Cline, host of hospitality podcast Suite Success, argues that over-automation is creating a dangerous disconnect between hosts and guests in the short-term rental market. The Human Element in a Digital World According to Cline, while automation tools promise efficiency, they often miss crucial opportunities for personalization that can make or break a guest’s experience. ...
Construction industry stakeholders may need to rethink their reliance on traditional market indicators, according to a leading economist who suggests these metrics may be losing their predictive power in today’s volatile market environment. Ken Simonson, Chief Economist at Associated General Contractors of America, argues that rapid policy changes and market uncertainty are undermining the reliability ...
Commercial real estate’s electric vehicle revolution is forcing attorneys to write an entirely new legal playbook, according to one leading practitioner working at the intersection of property law and EV infrastructure. Alain R’bibo, Partner at Allen Matkins, says his firm is essentially creating new legal frameworks from scratch as the commercial real estate industry races ...
A veteran Detroit broker says the public often fails to understand the increasingly complex role of real estate professionals, comparing agents to ducks that appear to glide smoothly across water while paddling furiously beneath the surface. “It’s harder than we make it look. We make it look really graceful and smooth. It’s like the little ...
Amid soaring coastal real estate prices, investors from across the country and internationally are discovering exceptional value in Detroit’s historic housing stock, according to a veteran local broker who argues these properties offer unique advantages often overlooked by locals themselves. “These houses were built by the auto barons who used excellent, excellent materials to make ...
As artificial intelligence sweeps through industries, commercial real estate technology firms are taking a notably different approach from the “replace all humans” narrative seen elsewhere. According to Hunter McElhaney, Managing Director of Retail Investment Sales at Offerd, the goal isn’t to eliminate brokers but to enhance their capabilities. “It allows a good broker to be ...
The explosive growth of artificial intelligence is driving data center developers to consider nuclear power as a solution to their massive energy needs, according to a leading real estate attorney. “Our firm is involved with nuclear power to power up a data center. And that’s only going to get more pronounced as we see the ...
A new breed of mid-sized real estate operators is emerging, combining institutional-grade expertise with the agility to pursue opportunities across specialty housing sectors, according to one industry leader. “I just joined them in April, which was really exciting. I got to join their executive leadership, and I came from a much larger institutional owner operator,” ...
California’s ambitious housing laws face an ongoing challenge: local governments tasked with implementation often lack understanding of how to properly process lot split applications, according to industry experts working directly with municipalities across the state. The Knowledge Gap “Almost all municipalities legitimately want additional housing and additional units, but they don’t know what they don’t ...
The key to surviving real estate investment challenges isn’t just about the numbers, it’s about proactive communication and relationship building, according to Dr. Jennifer Salisbury, host of My Life as a Landlord podcast and experienced property investor. “When I get into weird situations, I pick up the phone and have the most awkward conversation,” Salisbury ...
The multifamily housing market is facing a severe and potentially long-lasting supply shortage that could reshape the industry, according to Jason Yarusi, Managing Member of Yarusi Holdings, who warns that construction constraints are creating a widening gap between supply and demand. “We need something on the cusp of, in this decade, 15 million units, and ...
A significant shift is occurring in Toronto’s real estate market as long-term urban homeowners increasingly opt for suburban properties, driven by changing lifestyle needs and financial considerations, according to veteran real estate professional Paul Indrigo of Century 21. “Every property sort of has its life cycle with people,” Indrigo says. “For certain people, depending on ...
