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 ...
Downtown Buffalo has the key ingredients for successful office-to-residential conversions, including vacant buildings, transit access, and proximity to major institutions. Yet, despite these advantages, many projects remain stalled. Michael Puma, Principal and Project Manager at Preservation Studios, attributes the delay not to regulatory or financial issues but to a structural coordination problem: potential developers and ...
The premium real estate market in Rhode Island’s most desirable coastal towns operated more like an exclusive club than a competitive marketplace until recently, according to one broker who successfully challenged the status quo. Matthew Antonio, broker/owner at Corcoran Chart House Realty, says that when he entered Barrington’s premium market in 2018, nearly 90% of ...
Miami’s transformation from seasonal playground to permanent home base represents a fundamental shift that’s reshaping luxury real estate demand patterns in ways most industry observers are still underestimating, according to a veteran agent tracking the migration firsthand. Joelle Oiknine, a Senior Global Real Estate Advisor at One Sotheby’s International Realty, says Miami’s pandemic-era influx of ...
Chicago’s condo deconversion market functions as an unusually collaborative brokerage network, where competing firms regularly share deals and swap market intelligence. According to broker Kevin Rocio, founder of ROC Advisory Group, this cooperative dynamic is less about goodwill and more about necessity: the niche is so specialized – and the pool of qualified brokers so ...
The real estate market in the DC metro area is shifting focus toward Virginia, with investors and buyers increasingly drawn to the state’s business-friendly environment and technology sector growth. Jesse Elliott, Managing Partner of The Ellitan Group, shared his perspective on where the most promising opportunities are emerging and what factors are driving this geographic ...
At first glance, small-bay industrial and self-storage centers look almost identical – low-rise boxes lined up along a highway, quietly collecting rent. But the similarities end there. The two sectors serve very different customers and are reacting in very different ways to today’s economy. Small-bay industrial centers, or “flex space,” cater mainly to tradespeople and ...
The South Florida commercial real estate market is experiencing a complex shift as developers and investors balance growing demand with climate resilience requirements and evolving regulatory frameworks. Recent market dynamics reveal both opportunities and challenges as the region adapts to new realities in development and investment patterns. Climate resilience has become a central consideration in ...
In an industry known for calculating the exact return on new countertops or carpet, most commercial real estate owners have no idea what their digital infrastructure is worth – or that they don’t actually own it. Bill Douglas, CEO of OpticWise, has spent over three decades witnessing a peculiar phenomenon: commercial real estate is the ...
Northwest Arkansas has rapidly become one of the nation’s fastest-growing regions, propelled by large-scale corporate expansion and a steady influx of out-of-state buyers seeking new construction homes. Now, industry professionals are seeing the first signs of a market transition that could change the way homes are bought and sold in the coming years. This shift ...
The commercial real estate industry is at a pivotal moment, caught between long-established investment practices and the rise of blockchain technology. Edward Nwokedi, founder and CEO of RedSwan Digital Real Estate, has placed himself at the forefront of this shift, using nearly two decades of institutional real estate experience to drive the adoption of tokenized ...
Rome-Floyd County, Georgia, is undergoing its largest wave of development in decades, with more than $300 million in proposed projects moving through planning offices in recent months. At the center of this surge is Brice Wood, Planning & Zoning Director, who has spent nearly nine years managing the county’s growth and now leads the effort ...
