30
May
2023
The U.S. Office Sector: Further Disruption and Rightsizing May Give Way to a Golden Age
Posted On May 30, 2023  By Jennifer LeFurgy, Ph.D.  And has No Comment

The NAIOP Research Foundation, as part of its Industry Trends meeting, recently hosted a panel discussion on what’s next for the office sector. The panelists agreed that the sector will undergo a shakeout that will include transformation, streamlining, new approaches to work and holistic solutions.

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25
May
2023
What to Expect for Commercial Construction Lending in 2023
Posted On May 25, 2023  By Jim Fraser  And has No Comment

Recent years brought new stresses on the construction industry – COVID-19 shutdowns, supply chain woes, labor shortages and bank failures have slowed projects or put them entirely on hold. At the same time, the cost of capital has risen considerably.

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23
May
2023
Boston’s Epicenter of Tech and Life Sciences
Posted On May 23, 2023  By Shawn Moura, Ph.D.  And has No Comment

NAIOP National Forums members attending last week’s annual Symposium had the opportunity to tour several projects in the office and life science markets in East Cambridge, Somerville and the greater Boston market.

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19
May
2023
Choppy Waters Still Ahead for the Economy
Posted On May 19, 2023  By Kathryn Hamilton, CAE  And has No Comment

Heidi Learner, head of innovation with Altus Labs, spoke to 800+ NAIOP National Forums members during their annual meeting in Boston about the outlook for the economy.

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11
May
2023
California’s Title 24 Introduces New Solar Requirements for CRE
Posted On May 11, 2023  By Brielle Scott  And has 2 Comments

California’s Title 24, the state’s energy code, has required solar for all low-rise multifamily projects since 2016, but new provisions have gone into effect this year, impacting any projects permitted since Jan. 1, 2023.

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05
May
2023
Developing Leaders Spotlight: Building Bridges in Commercial Real Estate
Posted On May 5, 2023  By Marie Ruff  And has 1 Comment

McKenzie Darr, a recipient of the 2022 Developing Leaders Award, has a career goal of building bridges – metaphorical ones, that is, between public and private sectors – to advance communities.

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03
May
2023
NAIOP Chapters Advance the Interests of CRE with State Legislatures
Posted On May 3, 2023  By Toby Burke  And has No Comment

NAIOP chapters and members are advancing the interests of commercial real estate within state capitols across the country. Last week, members in North Carolina and Ohio traveled to their respective state capitols to engage lawmakers on solutions to the challenges facing the commercial real estate development industry.

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28
Apr
2023
Developing Leaders Spotlight: A Shining Example of Giving Back
Posted On April 28, 2023  By Marie Ruff  And has No Comment

There is no one path to commercial real estate development, but for Gregory Boler Jr., a recipient of the 2022 Developing Leaders Award, his career journey started with a mechanical engineering degree at Georgia State University. JLL’s Project and Development Services (PDS) Group interviewed Boler as part of an effort to recruit diverse entry-level talent in technical majors from historical black colleges and universities. He was one of four students selected and began his career working for JLL’s PDS Group in Atlanta.

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20
Apr
2023
The Importance of Being “Shovel Ready”
Posted On April 20, 2023  By Gary Tasman  And has 1 Comment

The groundbreaking ceremony for a new building signifies the physical start of a construction project. In most cases, however, months or even years have already been spent preparing the land for future growth, as planners and developers work behind the scenes to make the property “shovel ready.” Attempting to market a property that is not shovel ready can be a significant barrier to making a commercial property sale. But what does it mean to have a shovel-ready property, and why is it so important?

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18
Apr
2023
Debt Ceiling Debate in Washington
Posted On April 18, 2023  By Eric Schmutz  And has 3 Comments

On Monday, House Speaker Kevin McCarthy visited Wall Street to debut the latest House Republican proposal to raise the debt ceiling. In his speech, McCarthy stated that in the coming weeks, the House would approve a one-year increase in the debt limit that will include a reduction in discretionary spending to 2022 levels, while limiting future increases to 1% annually over the next 10 years.

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