As the second day of NAIOP’s CRE.Converge neared a close in Las Vegas, attendees had an opportunity to learn a bit about the city that will host next year’s conference: Toronto.
When it comes to mixed-use real estate development, it isn't just a trend but a transformative force that's reshaping our cities in today's rapidly evolving urban landscape. At CRE.Converge 2024 this week in Las Vegas, a panel of distinguished speakers gathered to discuss the latest trends, challenges and opportunities in mixed-use developments.
At CRE.Converge this week in Las Vegas, attendees had the opportunity to learn more about how the city’s sporting events have allowed the city to create unique experiences that transcend the event itself, hearing from a panel of sports executives and taking an exclusive behind-the-scenes tour of the Las Vegas Ballpark and City National Arena, the practice facility of the NHL Vegas Golden Knights.
For the closing session at I.CON Cold Storage, a panel of cold storage operators shared how they approach their real estate needs; what factors they consider for their facilities’ locations; and their outlook for the cold storage sector.
Cold storage development often requires a specialized approach, and leasing is no exception. A panel of leasing experts at this week’s I.CON Cold Storage conference in Las Vegas shared their insider’s views on the cold storage leasing market, including demand drivers and growth expectations, the market outlook, second-generation space, and speculative freezer or cooler space.
An expert panel at I.CON Cold Storage – cold storage lenders, developers, operators and professionals – shared their perspectives on available capital for this sector and what to expect in the year ahead. A recurring theme: Investors are realizing they don’t want to get left behind and are looking for entry points into cold storage.
“There is terrific opportunity [in cold storage], but you must have the right partners in equity, debt, development and construction,” said Josh Lewis, chief operating officer, RL Cold, during a panel discussion at NAIOP's I.CON Cold Storage. “It’s always risky, but the right partners make all the difference.”
In 2024, the U.S. is set to achieve a new milestone in apartment construction: For the first time in history, the number of apartments completed in one year is anticipated to surpass the 500,000-unit mark. Developers are on track to complete over 518,000 rental units, which marks a significant 9% increase compared to 2023 and a 30% rise from 2022.
