Historic preservation developers are making a critical error that’s costing them time, money, and project viability, according to one industry expert who has processed over $1.3 billion in historic tax credit projects. Michael Puma, Principal and Project Manager at Preservation Studios, says the most frequent mistake he encounters is developers engaging preservation consultants too late ...
Florida’s housing shortage is far worse than most people realize, and local governments are making it worse through policies they don’t understand are directly inflating home prices, according to Tim Weisheyer, president of Florida Realtors. “There’s an undersupply of housing,” Weisheyer says, citing National Association of REALTORS research showing America needs 5.5 million more homes ...
Small-lot industrial development has been systematically abandoned by major developers, creating artificial scarcity in a critical market segment. The Richmond metro area just delivered its first new industrial park in two decades, and according to Michael Mayhew, Vice President at Commonwealth Commercial Partners, this 20-year gap exposes a fundamental flaw in how institutional capital allocates ...
Madison’s residential market is confronting one of the most severe housing shortages in the Upper Midwest, with new construction consistently trailing far behind rapidly expanding household demand. According to Charlie Wills, founder and lead broker at The Wills Agency, the scale of the shortfall has reached a point where current building patterns cannot meaningfully reduce ...
Epic Systems, Madison’s largest private employer, operates with a high-churn employment model that has significant implications for both its internal productivity and the surrounding housing market, according to Charlie Wills, founder and lead broker at The Wills Agency. Epic’s roughly 25% annual turnover rate creates an environment of constant onboarding and offboarding, affecting organizational continuity ...
St. Joseph’s housing market is using a state incentive program to address local housing shortages and support development, according to Kelly Ewalt, Development Director for the city, St. Joseph. Ewalt recently outlined how Michigan’s brownfield tax increment financing (TIF) program is helping developers overcome cost barriers and increase housing supply. Ewalt clarified that Michigan’s brownfield ...
Rome-Floyd County’s development sector is facing significant obstacles as outdated regulations and infrastructure limitations slow new projects, even as demand for housing and commercial space reaches record levels. Planning and Zoning Director Brice Wood, who has nearly nine years of experience overseeing the county’s development, detailed these challenges in a recent interview, pointing to a ...
Lake Homes Realty has developed a targeted approach to address the long-standing fragmentation of waterfront property data, according to CEO Glenn Phillips. Phillips described how the company’s solution is improving transparency and access in the recreational real estate sector by consolidating listings that are often scattered across multiple systems. Phillips, who shifted from software engineering ...
Lake Homes Realty, the nation’s largest lake-focused brokerage, is aiming to change how waterfront property transactions are handled, according to CEO Glenn Phillips. In a recent interview, Phillips described the company’s strategy for consolidating fragmented waterfront markets and addressing persistent challenges in specialty real estate. Phillips, who moved from software engineering to real estate entrepreneurship, ...
The Northwest Arkansas real estate market is showing signs of a significant shift in negotiating power, according to Jaclynn Vienola, a realtor with New Vision Real Estate. After years of sellers setting terms with little resistance, Vienola reports that buyers are now pushing back more forcefully, indicating a move away from the region’s long-running seller’s ...
The triple net lease property market is undergoing a notable shift in investor demographics, according to Ayson Shammami, Managing Partner at APEX Commercial Real Estate Advisors. In a recent interview, Shammami detailed how the typical buyer profile for income-producing commercial properties has changed, challenging long-held assumptions about who participates in this asset class. Market Overview ...
A recent case from Nigeria demonstrates how blockchain technology could change international real estate investment, highlighting weaknesses in traditional pension fund strategies that affect both emerging and developed markets. Edward Nwokedi, founder of RedSwan Digital Real Estate, recently visited the Lagos-based pension fund that manages $40 billion for Nigerian government employees. His findings reveal a ...
Ayson Shammami, Managing Partner at APEX Commercial Real Estate Advisors, recently addressed the most common questions about triple net lease investment in today’s market. In a detailed interview, Shammami explained recent shifts in deal flow, investor behavior, and the realities facing both buyers and sellers after a period of rapid change. Market Status Overview Triple ...
A veteran real estate executive who oversaw $3 billion in transactions at Cushman & Wakefield is warning investors about the high costs embedded in traditional real estate investment vehicles. Edward Nwokedi, founder and CEO of RedSwan Digital Real Estate, says that conventional REITs impose excessive fees that significantly erode investor returns—costs that many investors do ...
The real estate market is seeing a growing preference for conservative, unremarkable investments that deliver steady returns, according to Eric Scheffler, Co-Founder and Managing Partner at Invictus Real Estate Partners. Scheffler, who has 31 years of industry experience, explained why standard multifamily properties and traditional assets are outperforming flashier, higher-risk projects in today’s environment. Market ...
