While many independent brokerages struggle to compete in an increasingly digital real estate landscape, one Maine firm has found success by combining traditional community presence with cutting-edge technology, and refusing acquisition offers from national franchises. “We’re one of those independent firms that loves Main Street foot traffic in a day when everything is digital,” says ...
A remarkable trend is emerging in Dearborn, Michigan, where local coffee shops are rapidly expanding into national franchise operations, according to Angela Fortino, Deputy Director of Economic Development at the City of Dearborn. “We are self-proclaimed the coffee capital. We have over 35 unique coffee roasting and cafe businesses,” Fortino says, highlighting how one local ...
Investment executive reveals how high-touch management is transforming shopping center operations. The key to successful retail property investment isn’t just about location anymore, it’s about creating true partnerships with tenants, according to one industry veteran who says many property owners are missing crucial opportunities by maintaining an arms-length approach to management. “We believe the tenants ...
The real estate industry’s productivity crisis isn’t about a lack of time, it’s about failing to implement systematic approaches to time management, according to industry coach David Greenspan. The CEO of MindShare101 argues that technology and constant connectivity are creating unprecedented challenges for real estate professionals. “People are not leveraging time the right way, and ...
The surge in real estate professionals launching podcasts has revealed a critical flaw in how many approach the medium, according to Tomás Fonseca, CEO of Icons of Real Estate, who warns that lack of clear vision is derailing many would-be podcasters before they begin. “We always like to attach an objective to the podcast. We ...
The retail landscape is undergoing a dramatic transformation as developers find innovative ways to repurpose vacant retail spaces, according to one commercial real estate expert who’s witnessing the trend firsthand across multiple markets. “A lot of developers are kind of repurposing the spaces,” says Jaidyn Smith, Senior Advisor at Legacy Real Estate Advisors. “One of ...
Property expert says economic development initiatives are creating unexpected retail opportunities in secondary markets. A wave of semiconductor manufacturing investment is reshaping the retail landscape in unexpected corners of Texas, according to one leading retail property investor who sees these economic development initiatives creating compelling new opportunities. “Sherman is seeing tremendous investment from chip manufacturing ...
The path to acquiring distressed properties in New York City involves far more than just negotiating with banks, according to Sean Sedaghatpour, Principal of Elisheva Realty. He says success requires navigating a complex web of city agencies, violations, and regulatory requirements that can make or break a deal. The Hidden Regulatory Hurdles “In New York, ...
A veteran New Jersey real estate expert argues that determining the right listing price has become increasingly complex, with seller expectations often working against their own interests in today’s market. “The biggest challenge is that discussing and agreeing to a launch price with a seller is one of the biggest challenges,” says Mark Slade, CEO ...
Dearborn, Michigan is taking an unprecedented stance in industrial development by explicitly rejecting traditional logistics and manufacturing operations in favor of green technology, according to Angela Forino, the Deputy Director of Economic Development at City of Dearborn. “We do not want more trucking. We don’t want to increase emissions,” Fortino states, citing some of the ...
Vail’s luxury real estate market is being driven by more than just skiing, with international buyers and world-class cultural amenities creating year-round demand, according to a leading local broker. “There are certain times of the year, like around Easter, that you hear more Spanish on the streets than you do English,” says Mark Gordon, Owner/Broker ...
Veteran commercial real estate broker John Jay Schwartz, Managing Director of Have Site Will Travel – The Man With Square Feet, argues that local approval processes have fundamentally transformed real estate development, creating new complexities that demand a complete rethinking of project timelines and strategies. The New Reality of Local Approvals “If you’re talking about ...
Expert calls for increased education and support to help more women build wealth through property investment. The commercial real estate industry faces a dramatic gender imbalance that represents both a challenge and an opportunity, according to veteran investor Monick Halm. The Scale of the Gap “Only about 31% of all real estate investors are female, ...
Florida homebuyers obsessing over interest rates may be missing opportunities to build equity, according to a veteran broker who argues the focus on rates over prices could prove costly in the long run. “I don’t think they’re going to see the prices go down,” says Garrett Decker, Broker Associate at NextHome At The Beach. “I ...
Pocket Storage CEO Max Wilson argues the $50B self-storage industry is stuck in the pre-digital age, forcing customers through byzantine booking processes while newer sectors embrace automation. “It was easier for me to book a flight to halfway across the world on my phone than it was to access a bike parking facility in the ...
