The final jobs report of the year confirmed the strength of the labor market in the face of a cumulative 375-basis point interest rate increase. Unemployment rates remained near 50-year lows and initial claims for unemployment were at levels consistent with a tight...
Without the proper coverage, even seemingly inconsequential design and construction management errors and mishaps can turn into financial disasters. Billed as one of the world’s most luxurious buildings and home to celebrities like legendary quarterback Joe...
Not since the passage of Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) in 1989 has the valuation of real estate come under such scrutiny and disruptive change as it has in 2022. For much of the past 30-plus years, commercial real estate...
Reid Thomas is chief revenue officer and managing director of JTC Americas, the North American division of JTC Group. He joins the podcast to discuss the continued potential for investment and development in opportunity zones. Five years after the legislation was...
Location is a fundamental principle in the appraisal field. If a home was 25 feet from a beautiful ocean access point, many people, even those who aren’t real estate experts, would likely think its location makes it very valuable, simply because of its proximity to...
In a move that could alter the practice of buying and selling homes, real estate broker Redfin is adding climate risk scores to sale listings. Home buyers can now evaluate climate risk the way they assess local schools, tax rates, and neighborhood appeal. The new data...
Major CRE sectors enter 2022 with optimism of varying degrees, ranging from robust recovery to continued record-setting performance. Stated plainly, the outlook for commercial real estate heading into 2022 looks good. But as with any economic forecast, such a...
Green Bay, Wis., winters motivated Steve Seidl, CCIM, to explore living in Florida, which led to realizing the value of charitable remainder trusts. Selling a rental property allowed one CRE professional to establish cash flow via a charitable remainder trust. Jan....
The multifamily market has seen growing interest, leading up to and during the COVID-19 pandemic. Considering the complexities inherent in the economics of commercial real estate, it’s refreshing when a concept can be approached from the basics of supply and demand....
Sales Reach Record of $181 Billion New York was among the few large cities with a significant sales jump. Photo: JJFarquitectos After 10 years of skyrocketing sales, investors still love apartments. But that passion may be maturing into appreciation for a relatively...
