Just a little over two years ago, remote and hybrid work models were viewed as anomalies, but now, these trends appear to be here to stay. According to office security experts Kastle Systems, despite concerted health policy efforts to limit the spread of COVID-19, office attendance has been averaging just over 40% lately. In fact, […]
Several state legislatures this year have debated legislation that would change the rules and policies impacting commercial real estate. In California and North Carolina, effective advocacy by the NAIOP chapters has protected and advanced the interests of the industry at the state levels. Through the chapters’ engagement in the legislative process, state lawmakers have come to […]
In a family of three generations of residential brokers, Lindy Deller, a recipient of the 2021 Developing Leaders Award, put her own twist on her career – a fitting spin for an accomplished professional who has a second career as an aerial acrobat. Deller started out as a commercial real estate office and retail broker […]
We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree or your New Year’s Eve champagne, prices are significantly higher today than they were just one year ago. In fact, the Consumer Price Index has climbed 6.8% in just the last […]
Building on the NAIOP Research Foundation’s recent study, The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes, several NAIOP chapters and George Mason University have collected data on development approvals across the United States and Canada. To date, Mason’s data collection has focused on nine jurisdictions: City and County of Denver, Colorado; […]
Real estate developers and owners provide the commercial and residential space for individuals to live, work and play. State and local governments can play an important role in supporting this through incentives and other measures that ensure development projects financially “pencil” and are economically sustainable over the long term. Tax Increment Financing (TIF) districts are […]
Owners and developers of commercial real estate recognize that obtaining local building permits is an essential and fundamental requirement for the development and improvement of their properties. The processes for obtaining these permits vary by municipality and state. These variations lead to uncertainties and delays in projects moving forward, which impacts the development project’s financing, cost […]
Many municipal approval processes tend to be opaque and provide developers with limited information. To help address these issues, the NAIOP Research Foundation commissioned Distinguished Fellow C. Kat Grimsley, Ph.D. cantab, director of the Masters in Real Estate Development Program at George Mason University, to create a Development Approvals Index to evaluate the transparency, consistency […]
