More and more Americans are moving to a different state, often to one inland and less densely populated but with great real estate options, according to a recent study. The highest net migration is seen in Idaho, Montana and Vermont, plus Maine and other states offering plenty of space and housing, a trend that fuels the local real estate sectors.
Following three weeks of negotiations and squabbling, House Republicans elected Louisiana Representative Mike Johnson to serve as the 56th Speaker of the House. This was a difficult time for House Republicans, who struggled to find a new speaker after eight of their members joined all House Democrats to abruptly oust McCarthy on Oct. 3.
Geopolitical strategist Peter Zeihan combines an expert understanding of demography, economics, energy, politics, technology and security to help clients best prepare for an uncertain future. At NAIOP’s CRE.Converge last week in Seattle, attendees had an opportunity to hear from him at the closing keynote.
Can you build a business through a crisis and still come out on top? CRE.Converge keynote Barbara Corcoran, the real estate mogul behind The Corcoran Group and star for the past 14 seasons on ABC’s four-time Emmy award-winning show “Shark Tank,” survived three recessions and knows the ins and outs of weathering the storm.
Low occupancy across the office sector as well as high demand for housing has many real estate development professionals asking whether adaptive reuse of commercial buildings may be an option to add supply during the housing crisis.
There are real benefits for CRE companies to leverage supplier diversity programs and develop a network that includes woman-owned and minority-owned suppliers, particularly in recent years, when CRE projects have faced labor and materials shortages.
In the middle of Amazon’s central campus in downtown Seattle are three orbicular structures filled with more than 40,000 plants that create a unique space for employees to gather, work and collaborate. They provide what the company says is often missing from a traditional workspace – a direct link to nature.
With ChatGPT suddenly mainstream, artificial intelligence has become a hot topic with the ability to disrupt any and every industry it touches. The commercial real estate industry is not excluded from this disruption, but the implementation of AI in the space leaves a lot yet to be discovered.
The office market is still struggling with high interest rates and increased levels of remote work, producing a tough lending environment and frozen deals on the sales side, and generous concessions and terms that favor tenants in leasing. That said, there are glimmers of hope.
Industrial real estate might have been one of the strongest-performing property types out there in recent years, but it is far from immune to change. Experts at CRE.Converge this week discussed what’s in store for industrial properties in the coming years.
