It used to be “location, location, location.” But as the economy moves deeper into the IT age, commercial real estate – at least in certain sectors – is likely to become more about “information, information, information.” Take health care. Beginning in 2014, the Patient Protection and Affordable Care Act is expected to expand health insurance coverage to some 32 million Americans, with about 16 million getting public coverage through Medicaid, and the rest through federal subsidies to buy private insurance.
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In This Issue
NAR Midyear Legislative Meetings and Trade Expo
From May 9 – 14 in Washington D.C., REALTORS® from across the country, along with NAR staffers, will visit Congressional representatives to keep key industry messages top-of-mind with policy makers. The visits are just one initiative in the on-going advocacy efforts to help ensure passage of legislation that is favorable to...
Society of Industrial and Office REALTORS®
David J. Zimmer, SIOR, FRICS and Richard Hollander, EVP – SIOR traveled to the MIPIM conference in Cannes, France last month. Attended by influential real estate professionals, the meeting facilitates exploration of major international property development, connection with potential partners, and transacting deals. Zimmer said,...
Closing More Deals, More Quickly with eSignature Technology
The commercial real estate market has been hit hard by the economy. Times like these give us opportunity – and reason – to look at our businesses and find ways to drive efficiency, reduce cost and close more deals, more quickly. Fortunately technology offers solutions to help commercial real estate...
High unemployment levels and vacancy rates continue to put pressure on commercial real estate values, which have plunged nearly 45 percent from their peak in 2007. Consequently, many regional and community banks have increased their capital reserves in order to offset their risk, especially ones with high concentrations of commercial real estate loans.
As a result, many small businesses...
By Buddy Norman, President, Keller Williams Commercial
The commercial real estate downturn skirted the sidelines for the first three years that residential markets were declining in 2006-2008, but once it hit, it hit hard. This CPI chart indicates commercial property values were on a steady uphill climb throughout most of the past decade –...
The overall forecast for the commercial market reported for Q1 – 2011 by NAR chief economist Lawrence Yun is stabilization. But Yun thinks that most market rents will remain soft except for multifamily.
By Barbara Hamlin, NAR Commercial Communications Manager
How is telecommuting going to impact commercial real estate in the coming years? Numerous research studies show it’s on the rise, and the changes will present some new opportunities for commercial brokers.
Consider some facts on this growing trend; and the possible value that...
