Traditional construction contingency models are proving inadequate in the face of unprecedented market volatility, according to a leading construction attorney who warns that even seemingly conservative risk management approaches are failing to protect projects. “We had a $16 million pot and a $12 million pot of escalation contingency and we blew through that,” says Lisa ...
Real estate veteran Cameron Gunter says the industry’s next evolution requires rethinking how deals are structured and packaged for institutional investors, marking a fundamental shift from opportunistic development to scalable investment products. “We need to be more product-driven, right as an investment firm versus development firm. It really needs to be investment driven,” says Gunter, ...
The current commercial real estate market is experiencing a necessary correction rather than a systemic crisis, according to private lending expert Philip Bennett, who argues that fundamental differences from 2008 suggest a more stable long-term outlook. Market Fundamentals Tell a Different Story “Unlike 2008, we’re not seeing the same level of speculation or toxic debt ...
While some investors are steering clear of markets showing negative rent growth, one asset management executive argues this broad-brush approach misses crucial submarket distinctions that could represent significant opportunities. “There are some markets that I think are still negative rent growth and showing some deceleration, that there is a contrarian play to be made. Atlanta ...
The commercial real estate lending industry is undergoing a fundamental transformation, driven by the integration of artificial intelligence into traditionally manual processes, according to iKenekt CTO Anthony Viviani. “We saw a systemic issue across the entire industry. Borrowers were dealing with a system that felt clunky and antiquated, kind of slow, anything but user friendly,” ...
New copper tariffs effective August 1st are creating an impossible squeeze for electrical subcontractors caught between fixed-price contracts and skyrocketing material costs, according to a leading construction attorney. “Electrical subs who are in the middle of projects are probably going to see an immediate impact,” says Lisa Colon, Partner at Saul Ewing. The 50% tariff ...
The Bay Area retail market is diverging from national trends, with strong transaction momentum and focused tenant expansion driving growth despite broader economic uncertainty. Local dynamics are creating opportunities that stand in contrast to the more cautious approach seen elsewhere in the country. Transaction Momentum Despite Limited Supply Market activity in the Bay Area has ...
The multifamily development landscape faces significant challenges as construction costs remain high and interest rates continue to impact project feasibility. Despite these pressures, some developers are finding ways to create positive community impact while maintaining financial viability, often by moving beyond traditional affordable housing models. Cassidy Bolger, Director of Development at Killian Pacific, exemplifies a ...
The Texas development landscape is experiencing a shift as younger entrepreneurs challenge traditional approaches to commercial real estate. Among them is Alec McElhinny, Founder and CEO of Land Play, who has carved out a distinctive niche in flex space development by applying actuarial principles to real estate investment and focusing on underserved markets along the ...
The real estate industry’s data problem has persisted for decades, fragmented information, protectionist incumbents, and infrastructure that costs millions to access. For proptech startups trying to build innovative solutions, these barriers have been nearly insurmountable. But the commission lawsuit settlements that affected the industry throughout 2023 and 2024 have created an unexpected opportunity for one ...
The commercial office market continues to evolve in ways that challenge conventional wisdom, creating both opportunities and complications for tenants and landlords alike. While headlines often paint a picture of doom for office real estate, the reality on the ground reveals a more nuanced story of adaptation and strategic repositioning. Scott Savacool, Senior Vice President ...
A new law intended to protect renters has inadvertently pushed rent-stabilized apartments underground, according to Rachel Fiegler, Co-Founder of Pinpointe Group, who says landlords are increasingly moving listings off public platforms. “Rent stabilized apartments aren’t being advertised online anymore because they can’t bake in the broker fee,” Fiegler says, describing an unintended consequence of New ...
The Orlando housing market has hit a mathematical wall that no amount of optimism can overcome, according to local real estate veteran Brenden Rendo who points to a stark disconnect between income growth and home prices that’s freezing many buyers out of the market. The Numbers Don’t Add Up “Average family income in Oviedo is ...
While many investors remained skeptical of San Francisco’s recovery prospects throughout 2024, one multifamily investment firm was already positioning itself to capitalize on the market’s rebound, a contrarian bet that appears to be paying off. “I know everyone is talking about the Bay Area recovery right now, but I think what is a little different ...
Downtown San Francisco restaurant sales are approaching pre-pandemic levels and major real estate deals are closing again, marking what local experts say is a decisive turn in the market’s recovery, despite persistent negative media narratives about the city’s decline. “For a long time, actually, the biggest problem that San Francisco had is we had a ...
