by Saira Marin | Nov 17, 2022
The office building, once the pinnacle of commercial real estate, now feels more like a liability. Inflation, rising interest rates and remote work have left the asset class uniquely exposed to declines in valuation. Vultures are starting to circle for distress. But...
by Saira Marin | Nov 15, 2022
Given all the market activity, all the Federal Reserve actions, all the expert talk GlobeSt.com has heard over the last few months, there is an almost inevitability in the headline from rental data and software proptech company Rental Beast: “Rental Demand Soars as...
by Saira Marin | Nov 14, 2022
The current economic headwinds have been a cause for alarm in certain sectors. Not so for industrial and multifamily, however. With US industrial vacancy at 4% and multifamily’s pipeline tightening, the data from Lee & Associates’ Q3 2022 Market Report shows both...
by Saira Marin | Nov 11, 2022
Cardinal Residential Ventures purchased the 268-unit Meadow Brook Preserve apartment complex at 1130 Turtle Creek Blvd. in North Naples from Atlas Real Estate Partners and Andover Real Estate Planners for $83 million. Meadow Brook Preserve has one-, two- and...
by Saira Marin | Nov 9, 2022
A new normal. That’s what the COVID-19 pandemic has brought to the commercial real estate market, especially in the office and retail sectors. That’s the conclusion from the Emerging Trends in Real Estate 2023 report from the Urban Land Institute and PwC US. This...
