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.

Higher Levels of Investment Incoming for US Industrial and Logistics

According to the Wall Street Journal (WSJ), there may be even more business incoming for the already-booming industrial real estate sector. As the price of energy climbs in Europe, manufacturers are turning their eyes to the US as a go-to option for reshoring their operations. As WSJ explains: “Battered by skyrocketing gas prices, companies in [...]

By | November 21st, 2022|Commercial Real Estate|Comments Off on Higher Levels of Investment Incoming for US Industrial and Logistics

Deconstructing the Cost of Building Materials in 2022

Throughout 2021, the cost of building materials was a constant pain point for the construction industry. In an analysis by the Associated General Contractors of America (AGC) earlier this year, prices were found to have jumped over 20% between January 2021 and January 2022. The cost of specific materials like steel and plastic sky-rocketed, leaving [...]

By | September 29th, 2022|Commercial Real Estate|Comments Off on Deconstructing the Cost of Building Materials in 2022

Dire Office Market Predictions Premature According to Moody’s

There’s no getting around it – the last couple of years have not been kind to the office sector. The way we work and use office space is also changing, leading to what many consider a fundamental shift in how business, and office real estate, operates. While some consider these developments a chance to reevaluate [...]

By | August 26th, 2022|Commercial Real Estate|Comments Off on Dire Office Market Predictions Premature According to Moody’s

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