RAL Companies president Spencer Levine says that avoiding trend-driven design is now a critical survival strategy for developers, as project timelines grow longer and market cycles become less predictable. Real estate development faces a timing challenge that most in the industry avoid discussing, according to Levine. Projects that take three to five years from conception ...
New York City’s property tax system, in place since 1981, is facing growing pressure to be overhauled. David Wilkes, a partner at Cullen and Dykman, warns that the system’s days in its current form are likely numbered, with significant changes now appearing more probable than ever. “Something’s going to happen,” Wilkes says. “We just don’t ...
Institutional investors have eyed the short-term rental market for years, drawn by its rapid growth and fragmented ownership. Many believed the sector was primed for consolidation and scale, similar to multifamily housing or hotels. But according to Bram Gallagher, Director of Economics & Forecasting at AirDNA, repeated failures by Wall Street-backed firms point to deeper ...
Transaction volume across Northern Nevada’s commercial real estate market has dropped sharply, according to Ted Stoever, Executive Vice President at Colliers. Stoever attributes the slowdown to a lack of available financing, not changes in demand or property fundamentals. However, he predicts that 2026 will bring a wave of sales activity, not because credit conditions will ...
Northern Nevada’s development market has nearly stopped, with commercial building permits down 80 percent, according to Ted Stoever, Executive Vice President at Colliers. Stoever attributes the drop to construction costs that have made new projects financially unfeasible. “Industrial is slowed down substantially,” Stoever says. “Building permits, commercial building permits in general, are down 80 percent.” ...
Legal framework differences between New York and Florida mean restaurant operators face full-term personal liability in one state but have defined exit options in the other, fundamentally altering the economics of multi-unit growth. Restaurant operators expanding from New York to Florida encounter a legal hurdle that significantly changes their risk calculations, according to David Helbraun, ...
Ontario’s distressed property market is being driven by mounting financial stress that rarely appears in foreclosure statistics or power-of-sale filings, according to Sebastian Jania, co-founder of Ontario Property Buyers. Instead of formal defaults, Jania says a growing number of owners are selling properties they have held for decades, pushed by broader financial strain rather than ...
Ontario’s real estate market is approaching a mortgage reset crisis that will be more severe than what is unfolding in the United States, according to Sebastian Jania, co-founder of Ontario Property Buyers. The cause is not property values or general economic trends, but the structure of Canadian mortgages. Jania points out that Ontario’s standard five-year ...
Gerard Hagan, co-owner and agent at The Best Edmonton Real Estate Team, says Edmonton’s real estate market follows clear seasonal cycles that create unique opportunities for buyers, especially those interested in new construction. While spring is known for peak activity, maximum inventory, and heightened buyer competition, Hagan points out that winter offers a strategic advantage ...
For many Chicago buyers, the traditional path to homeownership is getting harder to follow. Higher mortgage rates and rising single-family home prices have pushed monthly payments beyond what feels workable. As a result, more buyers are rethinking what ownership looks like – and turning to small apartment buildings instead. “We’re seeing a lot less institutional ...
The hospitality industry’s intricate legal environment has found a specialized advocate in David Helbraun, whose unconventional journey from teenage bartender to founding chairman of the nation’s largest restaurant-focused law firm demonstrates how hands-on industry experience can shape legal practice. Helbraun’s career began at age 17 when he convinced a bartending school owner to let him ...
Breaking into real estate is often tricky for newcomers, especially those without established networks or years of experience. Yet in Sioux Falls, South Dakota, 20-year-old Rockwell Tornow is showing that a combination of favorable market conditions, strong brokerage support, and personal commitment can help new agents gain early traction. Since going full-time in May and ...
Texas commercial real estate financing has undergone significant changes over the past seven years, shaped by volatile interest rates, stricter lending standards, and evolving buyer and seller expectations. For professionals operating in this environment, success now depends on both an understanding of recent market cycles and hands-on experience with today’s tighter capital conditions. Culby Culbertson, ...
New York City’s property tax system, in place since 1981, faces mounting pressure for reform as litigation and legislative proposals advance. The combination of court challenges, government reports, and political debate has created a climate of uncertainty for commercial real estate investors, who must now factor the risk of significant tax changes into their decisions. ...
The aviation development sector is experiencing a surge in demand as pilot shortages and rising aircraft ownership drive demand for storage facilities, creating opportunities for specialized real estate investors willing to navigate complex regulations and ground-lease structures. Cary Goldberg, President of Diversified Companies, has shifted his family’s 45-year-old South Florida development firm toward aviation projects ...
