Ask any group of commercial real estate (CRE) professionals which sectors have shown the most adaptability in the face of change over the past few years, and an answer that’s sure to crop up more than once is retail.
Just three years ago, the hospitality sector faced one of its toughest challenges. As borders closed and travel all but ceased, hotels were left scrambling to come up with new strategies to stay afloat until they could reopen their doors to incoming guests.
There’s no denying that, from an economic perspective, 2023 got off to a rough start. Constant rate hikes, and the ever-present possibility of recession have loomed large on the horizon, and many industries have been impacted by the resulting uncertainty.
For commercial real estate (CRE) brokers just starting out, learning the ropes can be a daunting task. Everything from contract negotiations to managing clients is par for the course – and that’s without even touching on the challenges specific to their market or sector.
Over the past few years, digitization and new tech trends have exploded onto the scene across a huge range of industries. Commercial real estate (CRE) has been no exception as we’ve had to shift into high gear when it comes to adapting to, and adopting, new tech solutions to drive our business.
According to a recent news release from the Council of Insurance Agents and Brokers, CRE premiums increased, on average, 20.4% in Q1 2023. The organization notes that this is the first time since 2001 that we’ve seen an increase of this magnitude for the sector.
NEW YORK, June 26, 2023 - (ACN Newswire) - NAI Global has released survey results on the impact of remote and hybrid work trends from its international offices in Europe, Africa and Asia-Pacific.
If there’s one way to summarize the start of 2023 it’s: “Market uncertainty.” There’s been an ongoing push and pull in the commercial real estate (CRE) narrative, with some sources…
One of the things that keeps the commercial real estate (CRE) industry both interesting and challenging for those of us who work in it is the way the environment continues…
Over the past several weeks, we’ve explored a number of different metrics commonly used by investors and commercial real estate (CRE) professionals to determine returns from property investments. Given the…
One of the key factors to keep track of in any market is sentiment among its participants. Analyzing sentiment gives an indication of where the market may go in the…
One of the biggest shakeups to come out of the last few years has been the continued evolution of the retail sector. Retailers, both online and in-person, have had to…
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