Category: Industry Blog
CRE: What to Expect in 2022
There is a lot in common between Commercial Real Estate in 2021 and the 2021-2022 Cincinnati Bengals (a timely comparison, as of this writing they are headed to Super Bowl LVI after an extraordinary comeback against the Kansas City Chiefs). Both had record comeback years, after a disappointing previous season marred by the beginning of …
Where’s My Order? The Global Supply Chain Crisis and Its Impact on CRE
Everyone remembers the eerie, apocalypse-like sight of empty shelf after empty shelf in the grocery store at the beginning of the pandemic. Stay-at-home orders combined with an immediate disruption of the supply chain sent people scrambling to stock up on an already limited inventory of items. The sight of toilet paper and paper towels on …
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The Telehealth Impact
With the onset of the coronavirus pandemic, healthcare professionals pivoted to serving more patients online than ever before, through telehealth. In the years before the pandemic, the percentage of patients using telehealth services steadily increased to 0.8% of all doctor/patient visits in February 2020. April 2020 saw the largest percentage of telehealth visits comprising 52% …
What You Need to Know About Multifamily
On the surface, multifamily housing may seem easy to understand – you own an asset where people pay rent to live, and you try to make a good return on investment. But the market is a bit more complicated than that. Multifamily properties are primarily categorized as market rate or affordable. Within affordable, there are several different types, as designated by HUD and other legislation to create an opportunity both for developers and for tenants to achieve their aims. In this article we break down the main categories of multifamily homes and how they operate.
Smarter Growth: Understanding Economic Incentives
If you or your business are considering adding new employees or engaging in capital expenditure, you may very well qualify for economic incentives. While the opportunities vary by county, city and state, incentives experts are well-versed in what is available based on location and are equipped to support businesses of all types and sizes. Here …
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Thinking Outside the Box: the Adaptive Reuse of Retail Space
Investors and developers around the country are seizing the opportunity to transform retail properties into other uses through adaptive reuse. This trend had been growing in the years before the pandemic hit and was accelerated by the effects of government mandated restrictions and economic uncertainty. In the recent past and for the foreseeable future, larger …
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Midwest Remains Attractive Target for Industrial Investment
Most everything in our lives, and in Commercial Real Estate in particular, was affected by the COVID-19 pandemic. Retail took a nosedive and has begun a modest recovery; office remains floating in a sort of no-man’s land. But for the industrial sector, life continued almost as normal; certainly, there was no slowdown or abrupt halt in space demanded.