About NAIBlack-Blog

NAI Black is a proven leader in commercial real estate brokerage and property management services serving the Inland Northwest market and beyond directly and through its NAI Global affiliation. Originally founded in 1958 as James S. Black & Company, NAI Black has nearly a five-decade track record of superior transactional performance and favorable outcomes for assets entrusted to our management. Under the direction of Chief Executive Officer David R. Black since 1984, NAI Black has been engineered to deliver cutting-edge services of the highest quality to its customers and serve a wide spectrum of real estate needs.

US Foreclosures: Records and Rebalancing

Foreclosures in the US were up in the first quarter of 2022 – setting what the data provider calls a “post pandemic high”. The data provider in this case is Attom, who specialize in real estate and property data – including tax, mortgage, deed, risk and other information for “over 155 million properties” country-wide. It [...]

By | July 20th, 2022|Commercial Real Estate|Comments Off on US Foreclosures: Records and Rebalancing

Industrial CRE’s “Strong Fundamentals” Mean Resilience

A recent report – released in late May 2022 – shows the industrial commercial real estate (CRE) boom is far from over, even when the “headwinds” are accounted for. The May 2022 Matrix Industrial Report, from Yardi Matrix, says that although the “economy hit a rough patch in the first quarter due to inflationary pressures [...]

By | June 20th, 2022|Commercial Real Estate|Comments Off on Industrial CRE’s “Strong Fundamentals” Mean Resilience

Multifamily Debt Data Reaches New Record at End of 2021

Recent data from the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding report shows that the level of outstanding debt on commercial/multifamily mortgages – during the final three months of 2021 – was $287 billion (7.4 percent) higher than the level seen at the end of 2020. Report frequency The MBA releases this data [...]

By | May 24th, 2022|Commercial Real Estate|Comments Off on Multifamily Debt Data Reaches New Record at End of 2021

Forecasted Mortgage Metrics for 2022 Show Strength in Commercial, Multifamily

According to a forecast from the Mortgage Bankers Association (MBA), 2022 is set to be a record-breaking year with mortgage borrowing and lending activity for commercial real estate (CRE) assets surpassing one trillion USD. The figure was released during the MBA’s annual CREF Finance Conference and Expo, where several industry experts discussed the way forward [...]

By | April 28th, 2022|Commercial Real Estate|Comments Off on Forecasted Mortgage Metrics for 2022 Show Strength in Commercial, Multifamily

Seamless Site Management: Drones and Smart Tech for CRE Inspection

Over the past few years, the use of drone technology in the commercial sector has seen massive growth, with drones being used for everything from agriculture to law enforcement. In the commercial real estate (CRE) context, the value of drone technology is also rapidly becoming apparent. Drones deployed for site inspections can save time and [...]

By | March 22nd, 2022|Commercial Real Estate|Comments Off on Seamless Site Management: Drones and Smart Tech for CRE Inspection

E-Commerce Booming, Blurring Sector Lines

Recent analysis from CNBC has shown how the e-commerce boom evidenced in 2020 dipped slightly but steadied, suggesting a fundamental shift in how US consumers choose to shop. Quoting the Commerce Department, CNBC says online sales peaked at 15.7% of total retail sales in mid-2020 and that “while they’ve come slightly off that peak as [...]

By | February 24th, 2022|Uncategorized|Comments Off on E-Commerce Booming, Blurring Sector Lines

Three “Glass-Half-Full” Forecasts for the New Year

Despite the ongoing uncertainty of the new virulent Omicron variant of Covid-19, there are a lot of positive signs that we can expect in 2022 for commercial real estate (CRE), according to a round-up of sources. The case for optimism First, however, an important caveat: Of course, all of these predictions are opinion. No matter [...]

By | January 25th, 2022|Uncategorized|Comments Off on Three “Glass-Half-Full” Forecasts for the New Year

Making Waves on Spokane’s North Bank

In late November, the NAI Black team was invited for a private tour of the newest addition to Spokane’s North Bank: The Podium. The detail and care put into the building’s design are evident as you move through each space. Our tour took us through the different levels of the facility, designed with different aspects [...]

By | December 28th, 2021|Spokane Business News|Comments Off on Making Waves on Spokane’s North Bank

Watch this space: Industrial boom continues into late 2021, and beyond

We’ve all seen how the Covid-19 pandemic gave the industrial sector the shove it needed to go from well-poised to interstellar. Now research from the Commercial Real Estate Development Association (NAOIP) suggests there is no slowing down for commercial real estate’s (CRE) newest darling sector. The NAIOP’s Industrial Space Demand Forecast for Q3 2021 shows [...]

By | November 23rd, 2021|Commercial Real Estate|Comments Off on Watch this space: Industrial boom continues into late 2021, and beyond

Eastern Washington Asset Class Update-Fall 2021 (Podcast)

Derek Doke's recent podcast is a recording of his September 2021 Webinar with NAI Black's, Chris Bell SIOR, Windermere Manito Commercial's, Chris Bornhoft CCIM, and Senior Advisor with SVN | Retter & Company, James Wade. They discuss commercial real estate and opportunities in Eastern Washington/Western Idaho.

By | October 27th, 2021|Market Update|Comments Off on Eastern Washington Asset Class Update-Fall 2021 (Podcast)