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CRE newcomer finds many benefits in mentoring program

CRE newcomer finds many benefits in mentoring program

When you start a career in commercial real estate (CRE), there’s nothing like getting that first commission. One thing that can speed up the process dramatically is having mentors around to guide a newcomer through the inevitable twists and turns. The mentoring...

Economic Update | February 8, 2021

Economic Update | February 8, 2021

• According to the Bureau of Economic Analysis’ advance estimate, fourth-quarter GDP grew at a seasonally and inflation-adjusted annual rate of 4.0% from the previous quarter. Despite a slowdown in improvement after the Summer’s initial snapback, Q4’s reading...

Tenant representation: a critical component of CRE

Tenant representation: a critical component of CRE

The logistics of placing a client in a commercial leasing space are complex Being a commercial real estate (CRE) advisor means more than just selling. For many of us, the work of tenant representation makes up as much as 25 percent of our work. It’s an important part...

What the US’ Return to the Paris Climate Accord Means to CRE

What the US’ Return to the Paris Climate Accord Means to CRE

For clues about what Biden will do, federal property owners should look to President Obama’s 2015 Executive Order that established sustainability goals. President Biden recently signed an Executive Order to put the US back in the Paris climate accord. Kurt Stout,...

Making sure the price is right: the science of CRE appraisal

Making sure the price is right: the science of CRE appraisal

A meticulous process is in place to help determine the market value for buyers and sellers Everything that’s up for sale has a price tag. We take it for granted. Whether it’s a piece of gum or a skyscraper, someone has to make an educated estimate of the item’s market...

What the Stimulus Measure Offers CRE

What the Stimulus Measure Offers CRE

The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure, a $900 billion bill that includes several provisions beneficial to commercial real...

Medical office buildings remain sound amid struggling CRE markets

Medical office buildings remain sound amid struggling CRE markets

Physicians keep working, take advantage of financing opportunities to help bolster the industry Most people are aware of the difficulties certain sectors of commercial real estate (CRE) have endured during 2020 the wake of the global pandemic. The toll on retail,...

Positive signs are on the horizon for CRE

Positive signs are on the horizon for CRE

The announcement of successful vaccine trials and new concepts of employee work environments may be good news for the industry   It’s no secret that the COVID-19 pandemic and accompanying lockdown have inflicted severe damage upon the world economy. That’s been...