Drone adoption in real estate isn’t just about cutting-edge tech. It’s about getting answers early enough to make decisions with confidence. Competition for buildable land remains intense in many regions, and even a small delay can mean missing the right parcel or overpaying for a site with hidden complications. At the same time, surveying businesses ...
The South Florida luxury market is compressing transaction timelines through a format gaining traction among high-end sellers: competitive auctions. Properties that historically spent months on the market are now closing within weeks as auction houses attract pre-qualified buyers to bidding events. Larry Mastropieri, who tracks regional real estate developments through The Mastropieri Group, observes that ...
When Erik Hayden’s real estate development firm Urban Catalyst was forced to lay off 75% of its staff and move operations into a plumbing company office, it crystallized a harsh reality about the development business: macroeconomic forces beyond any developer’s control can destroy even well-positioned companies. Global macroeconomic pressures – including the pandemic and elevated ...
International investors are flooding into U.S. luxury real estate markets as geopolitical instability and stock market concerns drive capital flight from overseas, according to Rod Watson, founder of Distinct Concierge Real Estate. His recent experience with Indonesian buyers reflects a broader trend that could reshape luxury property demand. Foreign buyers have recently funneled nearly $56 ...
The real estate industry’s obsession with aggregate market data is leading to fundamentally flawed analysis of Miami’s luxury market, according to a veteran agent who has spent over two decades navigating South Florida’s complex property landscape. Joelle Oiknine, a Senior Global Real Estate Advisor at One Sotheby’s International Realty, emphasizes that Miami’s real estate market ...
Chicago’s condo deconversion market operates in a recurring cycle that often confuses investors, according to Kevin Rocio, founder of ROC Advisory Group. With 14 years in commercial real estate and multifamily deals, Rocio has observed the process by which buildings convert from apartments to condos, then revert back to apartments, creating a pattern that runs ...
The most valuable transactions in South Florida’s industrial market aren’t happening on public listing platforms, according to one industry expert who says the off-market deal economy represents where serious operators focus their acquisition efforts. Jason Abitbol, Senior Investment Advisor at Apex Capital Realty, argues that investors need to understand the difference between publicly listed properties ...
The self-storage industry’s reputation as a passive, hands-off investment is not just wrong – it’s becoming a competitive liability, according to one industry veteran who has made operational excellence central to his business strategy. Brandon Grebe, CEO and co-founder of Uplift Development Group, argues that the “it runs itself” mentality that once defined self-storage is ...
A petroleum industry engineer’s transition to commercial real estate is demonstrating how technical backgrounds can identify development opportunities that traditional real estate professionals overlook, particularly in sites with infrastructure constraints. Michael Mayhew, Vice President at Commonwealth Commercial Partners, leveraged his mechanical engineering background to recognize potential in an industrial site that institutional developers dismissed, ultimately ...
Municipal planning decisions have traditionally relied heavily on subjective judgment and community input, but according to one planning expert, a quiet revolution is underway as departments increasingly turn to sophisticated data analysis to inform zoning and development decisions. John Weller, Director of Planning & Zoning at West Whiteland Township, says planning departments are rapidly adopting ...
The housing shortage debate often focuses on zoning restrictions and community opposition, but according to one municipal planning expert, the real constraint on development may be hiding underground in aging infrastructure systems that weren’t designed for today’s housing demand. John Weller, Director of Planning & Zoning at West Whiteland Township, argues that municipalities across the ...
The industrial development boom that followed COVID-19 has created an unexpected backlash, according to Michael Mayhew, Vice President at Commonwealth Commercial Partners, with communities and municipalities now pushing back against the very developers who helped drive economic growth. Mayhew notes that during the early COVID period, industrial projects faced few obstacles and could be built ...
South Florida’s industrial rental market has undergone what one industry expert describes as a necessary correction, with tenant pushback against inflated rents serving as the ultimate market signal that separated sustainable pricing from post-COVID speculation. Jason Abitbol, Senior Investment Advisor at Apex Capital Realty, says the industrial market underwent a necessary correction as tenants pushed ...
Chicago’s south and southwest neighborhoods are facing a sharp correction as speculative development during the pandemic era collides with rising property taxes and stagnant rents. Kevin Rocio, founder of ROC Advisory Group and a multifamily specialist with 38 deals closed this year, warns that these areas are now suffering from overvaluation, with property tax increases ...
The real estate development industry has a predictable problem, according to Erik Hayden, founder of Urban Catalyst, when market conditions shift, the biggest players move in lockstep, creating opportunities for those willing to think differently. Hayden notes that institutional developers and major homebuilders often move in unison during market downturns, following each other’s actions rather than ...
