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.

REITs Positioned To Make Gains in 2024, Say Industry Experts

According to expert panelists at the recent Nareit REITworld annual conference, 2024 could be a year of opportunity for Real Estate Investment Trusts (REITs). They added a note of caution, however, that there are still headwinds affecting investor perspectives on REITs and capital markets in general. Market upsides Among the upsides for REIT markets are [...]

By | January 25th, 2024|Commercial Real Estate|Comments Off on REITs Positioned To Make Gains in 2024, Say Industry Experts

Government Return-to-Office Still Stalled Despite Mandates

Over the past few years, we’ve repeatedly heard a call for workers to come back to office across a range of industries including tech, finance, and fashion. Some companies, like Nike and Tesla, have been explicit in their mandate roll-out. Others have tried a softer approach with incentives like free lunches and extra amenities. For [...]

By | December 28th, 2023|Commercial Real Estate|Comments Off on Government Return-to-Office Still Stalled Despite Mandates

New CREFC Report: Collaboration is Key to Handling CRE Debt

According to a recent report from the Commercial Real Estate Finance Council (CREFC), CRE debt markets are still in for a rough ride in the coming months, and we have yet to enter the “eye of the storm.” What will be crucial to weathering that storm, however, is close collaboration between borrowers and lenders dealing [...]

By | November 29th, 2023|Commercial Real Estate|Comments Off on New CREFC Report: Collaboration is Key to Handling CRE Debt

Commercial Borrowing Down 50% in 2023, Says Mortgage Bankers Association

It’s official: The first half of 2023 saw a sharp drop-off in commercial real estate (CRE) mortgage loan originations as compared to a year ago. That’s the takeaway message from the data presented in the last two Mortgage Bankers Association (MBA) quarterly surveys. The surveys cover mortgage originations across all major CRE property types, in [...]

By | October 24th, 2023|Commercial Real Estate|Comments Off on Commercial Borrowing Down 50% in 2023, Says Mortgage Bankers Association

Upcoming Bank Regulations Could Make CRE Lending Even Tighter

In an already tricky financing environment, the last thing most commercial real estate (CRE) borrowers want to hear is that banks may soon have to tighten their requirements even further. A new proposal from the Federal Reserve, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC), however, is aimed at [...]

By | September 26th, 2023|Commercial Real Estate|Comments Off on Upcoming Bank Regulations Could Make CRE Lending Even Tighter

FHA Increase to Large Loan Threshold Eases Requirements for Multifamily Lending

For the first time since 2014, the threshold on what constitutes a “large loan” according to the Federal Housing Administration (FHA) has been raised, from USD75 million to USD120 million, making it easier to secure finance for multifamily projects. The higher threshold means that only loans above the new USD120 million threshold will be subject [...]

By | August 24th, 2023|Commercial Real Estate|Comments Off on FHA Increase to Large Loan Threshold Eases Requirements for Multifamily Lending

Office REITs Trade at New Low, but Fears for the Sector May Be ‘Overblown’

There’s been a lot of talk recently around the role of commercial real estate (CRE) in the current economy. More than a few news sources have speculated that CRE may be the ‘next shoe to drop,’ after bank failures left many wondering about the broader exposure of financial institutions to real estate. One sector that’s [...]

By | July 28th, 2023|Commercial Real Estate|Comments Off on Office REITs Trade at New Low, but Fears for the Sector May Be ‘Overblown’

ICSC Las Vegas, 2023

By Stephen Pohl, Managing Broker, NAI Black, Spokane, WA Having recently attended the ICSC Las Vegas 2023 Spring Convention, I offer a few thoughts on this 24,000+ attended meeting.  I am, however, unable to resist some brief nostalgia as an important contrast for the reader on the convention’s evolution. I initially worked for an Exxon [...]

By | June 28th, 2023|NAI Black|Comments Off on ICSC Las Vegas, 2023

Correction Incoming for Class A Office, Says Moody’s

For most of 2022, there was a little bit of light for the beleaguered office sector in the form of Class A offices. Where Class B and C buildings struggled, Class A showed a steady uptick through the year. This was largely due to the ongoing efforts to provide best-in-class amenities, designed to tempt occupiers [...]

By | May 23rd, 2023|Commercial Real Estate|Comments Off on Correction Incoming for Class A Office, Says Moody’s

Demand for Data Centers Still Running Hot

2022 was a bumper year for the data center industry. A Q4 market report from industry analysts datacenterHawk outlined massive growth, showing that data center absorption jumped 2.5x, smashing the records previously set in 2021. The report adds: “Transactions are getting larger and a wider pool of companies are executing large-scale leases. These companies are [...]

By | April 26th, 2023|Commercial Real Estate|Comments Off on Demand for Data Centers Still Running Hot