In the wake of the ongoing crisis in the office sector, a term that commercial real estate (CRE) professionals have become deeply familiar with is “adaptive reuse.” Office conversions – into retail, multifamily or other asset classes – are slated as a solution to the faltering return to work.
Earlier this year, NAI Global announced our Women’s Alliance Champion Award – a new accolade that recognizes the hard work and dedication of one member of the Women’s Alliance at NAI Global. The award is intended to showcase qualities of outstanding leadership, business achievement, and personal growth. In other words: the markers of truly exceptional talent.
A growing trend in recent years has been the increase in the number of people opting to buy or rent properties on their own.
Over the past year, rising rates, difficult debt, and liquidity issues have all played a part in an increasingly troubled outlook for CRE finance markets. A natural knock-on effect has been a sharp drop-off in sentiment around CRE lending, particularly in the latter half of 2022.
A core part of managing any commercial property is staying on top of the maintenance and improvements that keep a building in good working order. As any property manager knows, this is often the key to keeping tenants smiling – or attracting them in the first place.
In recent years we’ve seen a shift among consumers and tenants towards more easily accessible, amenity-rich, and connected, urban environments.
Ask any commercial real estate (CRE) professional working with retail properties to sum up the sector’s performance over the past two years, and there’s a good chance you’d hear words like “resilient” or “steady.”
During the recent 2023 Hotel Data Conference, hoteliers and industry experts gathered to discuss potential recession effects on the industry and several new trends that have come to light in recent months.
In a recent report, the International Energy Agency (IEA) released an incredible figure. By 2027, the global power capacity of solar energy installations (i.e., the amount of power that can be produced) will outstrip the output produced by coal.
According to a recent GlobeSt article, a long-awaited Financial Crimes Enforcement Network (FinCEN) anti-money laundering rule may finally be rolled out in Q3 2023.
Over the past few years, most commercial real estate (CRE) sectors have had to reinvent themselves to some degree to keep up with changing trends and demands. We’ve seen this across retail, hospitality, office, and multifamily – with some big shifts taking place in response to the movements of workers and travelers in the post-2020 world.
For most industries, the past few years have brought some big changes. One of the most significant for many of us has been the shift towards remote or hybrid work, with businesses and commercial real estate professionals alike needing to be quick on their feet when it comes to supporting new modes of hybridity.
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