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Results: 1277 Articles found.
Nov 24, 2020 08:05 AM

Winterize Your Home Now, Appraisal Institute Says

The nation’s largest professional association of real estate appraisers today advised homeowners that it’s beneficial to winterize their homes soon, before winter weather takes hold.

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Nov 18, 2020 12:30 PM

Voters in Multiple States Approve Real Estate Legislation

Voters in several states approved real estate-related measures on Nov. 3, HousingWire reported. In California, eligible homeowners can transfer their tax assessments anywhere within the state, while in Florida, residents can transfer their homestead exemption from one property to another. In Georgia, Habitat for Humanity and similar groups are now exempt from paying taxes on certain properties under development.

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Nov 18, 2020 12:30 PM

Report Shows Solid Grocery Store Sector, but Questions Long-term Performance

Grocery stores have benefitted from COVID-19 stay-at-home orders, but the sector faces challenges from increased online shopping, according to a report released Nov. 9 by consultant Bain & Company. The report noted that profits through 2030 could grow as little as 1.2%. Additionally, some landlords said they avoid having grocery stores anchor their shopping centers because they can hurt performance.​

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Nov 17, 2020 12:30 PM

Industrial Sector Shows Some Signs of Weakness: Moodys

While the industrial sector is resilient, it likely won’t remain unscathed as a surge in COVID-19 cases could slow manufacturing, data firm Moody’s Analytics reported Nov. 11. The vacancy rate for industrial properties is expected to rise to 11.8% next year, and the sector is expected to see its biggest drop in effective rents in 10 years.

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Nov 11, 2020 12:30 PM

Real Estate Economists See Short Recession, Strong Recovery

Real estate economists surveyed by the Urban Land Institute for its Real Estate Economic Forecast said they expect a recession to be short-lived and foresee above-average GDP growth in 2021 and 2022, MBA NewsLink reported Nov. 9. Real estate conditions should be better than what was predicted six months ago, with the industrial and single-family residential sectors performing best.

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Nov 11, 2020 12:30 PM

CRE Prices Up Overall During Q3: Real Capital Analytics

Commercial real estate prices increased at a 1.4% annualized rate during the third quarter, with gains in the apartment and industrial sectors offsetting declines in the retail and office sectors, according to data firm Real Capital Analytics, MBA NewsLink reported Nov. 4. The industrial sector is the most stable, with price growth in the mid-7% range.

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Nov 11, 2020 12:30 PM

Tech Sector Scales Back on Office Space, but Still Leads Leasing Activity: CBRE

The tech sector is driving the nation’s office-leasing activity, but even this sector is scaling back on office space — although only slightly, according to real estate firm CBRE, MBA NewsLink reported Nov 4. Tech markets best positioned for resiliency include Atlanta; Dallas-Fort Worth; Raleigh-Durham in North Carolina; San Diego; Silicon Valley in California; and Washington, D.C.

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Nov 04, 2020 12:30 PM

CRE Experts See Poor Conditions for next 12 Months: NAIOP

Commercial real estate professionals expect unfavorable conditions for the sector during the next year, according to the NAIOP Sentiment Index for September released Oct. 26. Respondents were particularly concerned about occupancy rates, face rents, effective rents and employment. They were less concerned about construction costs and the availability of financing.

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Nov 04, 2020 12:30 PM

Cap Rates Rise for Single-tenant Drug Stores, Data Shows

Cap rates for the single-tenant drug store sector jumped to 6.39% in the third quarter, up 17 basis points from one year ago, according to The Net Lease Drug Store Report released Nov. 1 by real estate services firm The Boulder Group. Cap rates for Rite Aid and Walgreen’s increased 19 and 15 basis points, respectively.

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Nov 04, 2020 12:30 PM

New Work Patterns Will Shrink Office Footprints, Increase Lease Flexibility: Survey

More than 60% of office workers are expected to work remotely within the next three to five years, which will increase the need for flexible office footprints and lease contracts, and spur the use of satellite offices at the edge of cities, according to the “Future of Work 2020: a Global Real Estate Players Point of View” survey released Oct. 29 by the Urban Land Institute.

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