Welcome to the age of e-commerce. The contemporary digitized shopping module is impacting commercial real estate in more areas than just retail and industrial - it's also having strong impacts on multi-family. Multi-family tenants rely on massive online realtors, such as Amazon, meaning more packages are coming through the door - and they all need [...]
These days, being a commercial real estate landlord is tough. As business gets more diverse, it’s not easy to upkeep, manage and overlook commercial properties and their tenants. Whether you own a multifamily, office, or retail property, perfecting the role as a landlord can elevate your asset to a whole new level. Fortunately, there are [...]
Malls have had a tough run for the past few years. Once the wave of mass store closures that caused the 'retail apocalypse' scare hit, shopping malls took the brunt of it. In the blink of an eye, mall assets became empty and vacancy rates were on the rise. Many of us have been thinking [...]
Multifamily has been a popular commercial real estate sector for the past few years. Investor interest was high, new developments were in the works in major cities throughout the country, and vacancy rates were dwindling. However, this positive outlook is starting to experience opposite pressures. The rising construction costs that plagued the industry in 2019 [...]
The Smart revolution is upon us. Smart phones, Smart devices, Smart houses, Smart buildings; the list continues. We're in a seemingly never-ending progression towards all things Smart - and the development reaches its peak capacity with Smart Cities. These tech-powered metropolitan locations represent the height of contemporary technologies. All things digital come together to create [...]
Transportation is a fundamental aspect of any metropolitan plan. Getting people to and from their destinations is a primary concern for cities, where accessibility and smart planning are keys to success. In many of the country's greatest cityscapes, driving on busy roads is not always the best way to move around. At the same time, [...]
We all love our four-legged friends, but they can impact a multifamily property. Property managers need to be aware of in-unit animals. The issue of unreported pets is a problem that has long plagued the multifamily industry. Unreported pets can create legal issues, loss of profits, and damage to the property. This complex issue is [...]
Commercial real estate's greatest disrupter is technology - and the industry is loving it. Technological advancements are constantly changing the way business gets done, and the speed of innovation is increasing. Upgrades, enhancements and new software restructure the industry; and it's up to all of us to stay current. There's so much activity brewing in [...]
The clock is ticking for opportunity zone investment. Are you prepared? As 2019 comes to a close, investors will need to play their cards right regarding opportunity zones. The coming months will be vital to the development of the country's opportunity zone program. Here's a breakdown of what's happening with OZs and some tips to [...]
Despite what major retailers may have expected, the vast majority of Gen Z-ers (more than 3 out of 4) actually prefer to shop in physical brick and mortar retail stores. But it's not that simple - creating the right in-store experience is also crucial to success. From ensuring that items are kept in stock to [...]
