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Steve Marcinuk
28 Dec 2025

Société immobilière Bélanger moves into Ottawa, Calgary, and Edmonton as institutional capital focuses on NOI and asset sales. The multifamily investment landscape is undergoing a notable capital rotation. Institutional investors are pulling back from acquisitions, while private operators with strong balance sheets are moving aggressively into secondary markets. This divergence has created an opportunity for ...

Steve Marcinuk
27 Dec 2025

Ohio developers face a permitting problem unrelated to market demand or project quality, according to Brian Lorenz, Director of Planning and Permitting for the Ohio House of Representatives. Instead, Lorenz says, developers must navigate overlapping jurisdictions that require the same permit applications to be submitted multiple times—often with conflicting requirements that can make projects economically ...

Steve Marcinuk
27 Dec 2025

The real estate market is facing a persistent inventory shortage, not because of strong buyer demand, but because homeowners who locked in low mortgage rates during the pandemic are unwilling to sell, according to Staten Island broker associate Kevin Borgersen. This supply constraint, he argues, is hindering transactions and reshaping how the market functions. Borgersen, ...

Steve Marcinuk
27 Dec 2025

As real estate prices in established Midwest markets climb beyond the reach of many adaptive reuse projects, developers are reconsidering where to invest. According to one industry executive, secondary markets are positioned to benefit from an apparent economic reality: the cost of acquiring and converting buildings in legacy cities remains dramatically lower than in their ...

Steve Marcinuk
27 Dec 2025

The multifamily acquisition market is splitting into two distinct channels with very different economics, according to one acquisitions executive who has closed over $300 million in transactions. While institutional capital typically targets properties marketed publicly through major brokerages, a growing group of operators is finding better pricing and deal structures by negotiating directly with owners ...

Steve Marcinuk
26 Dec 2025

From 2010 to 2023, property values in Arizona and much of the U.S. rose steadily, creating a hidden safety net for both lenders and borrowers. Geoff Ball, a hard money lender with two decades of experience in Arizona, says that era allowed questionable lending and borrowing decisions to go largely unpunished. Now, as price growth ...

Steve Marcinuk
26 Dec 2025

Industry veteran Sergio Grado, who has worked across Houston, Dallas, Austin, and San Antonio for over two decades, says Texas’s major real estate markets now face distinct challenges that generic investment strategies cannot address. Grado, a second-generation builder with experience in construction, business development, and distribution throughout Texas, observes that the differences among Houston, Dallas, ...

Steve Marcinuk
26 Dec 2025

The home equity line of credit (HELOC), once a standard financial tool for American homeowners, is now nearly unavailable from mainstream lenders. Geoff Ball, President of HD Lending, LLC, describes HELOCs as “one of the hardest loans to get in the industry,” pointing to a dramatic shift in the lending landscape. Ball, a hard-money lender ...

Steve Marcinuk
26 Dec 2025

The Phoenix metropolitan area has rapidly evolved from a relatively quiet city in the 1990s into one of the nation’s most active construction markets. Jim Roland, Senior Vice President of Arizona Operations at Alcorn Construction, has worked in the region for nearly three decades and has seen firsthand how Phoenix has attracted national and international ...

Steve Marcinuk
25 Dec 2025

Restored bonus depreciation provisions in 2025 are creating tax advantages for short-term rental (STR) investors that long-term residential landlords cannot access, according to Lucas Piper, owner of Five Star Vacation Home Rentals in Austin. Piper argues that these tax benefits are the strongest reason to prioritize STR investments over traditional rental strategies in the coming ...

Steve Marcinuk
25 Dec 2025

The new construction market in South Florida has split into sharply distinct segments, with pricing strategies diverging to the point that communities across the street are operating in entirely different markets. According to Raymond Fernandez, a relocation specialist at eXp Realty who focuses on new construction in Palm Beach County, builders’ approaches and incentives have ...

Steve Marcinuk
25 Dec 2025

Major real estate owners entering New York City’s property tax system often encounter a dysfunctional appeals process that does not meet the standards of a global financial center. Instead of rigorous valuation reviews and structured appeals, owners face an understaffed, expedited, and unpredictable process. When institutional investors acquire commercial property in New York City, they ...

Steve Marcinuk
25 Dec 2025

Over the past two years, venture capital investors have favored startups with AI in their pitch decks, often driving company valuations up by 20%. This enthusiasm is now shaping commercial real estate decisions in ways that concern Mandi Wedin, Founder and CEO of Feroce Real Estate Advisors. Wedin, who advises institutional investors and operators on ...

Steve Marcinuk
24 Dec 2025

According to Linda Fleischer of Coldwell Banker Realty, insurance costs—not property values—now determine whether waterfront deals close in Tampa Bay The Tampa Bay residential market is undergoing a significant reset, driven not by property values or desirability, but by the rising monthly cost of flood insurance. Linda Fleischer, a licensed real estate agent with Coldwell ...

Steve Marcinuk
24 Dec 2025

The office development industry is confronting a new reality in the wake of COVID-19, according to Spencer Levine, president of RAL Companies. With remote work now a viable option for many employees, office space must compete on experience rather than necessity. Levine contends that hospitality design principles, long tested in hotels and resorts, provide a ...