In the Biz - Commercial Real Estate News
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In the Biz - Commercial Real Estate News
South Florida's Hot Topics - by Shelby G. Smith III, frm CPM, RPA 954-652-2038 Berger Commercial Realty
Curated by CommerialREFL
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December 14, 2022 8:43 AM
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REPORT: Office Tenants Have The Advantage To Get More Demanding In 2023 | Bisznow

REPORT: Office Tenants Have The Advantage To Get More Demanding In 2023 | Bisznow | In the Biz - Commercial Real Estate News | Scoop.it
Office landlords face a challenging environment, and it's going to get worse.
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December 1, 2022 12:00 PM
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New Places, High Prices: Luxury Retailers Double Down On Expansions To Fresh Territory | Biznow

New Places, High Prices: Luxury Retailers Double Down On Expansions To Fresh Territory | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Luxury retail is meeting its customers where they are.
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December 1, 2022 11:55 AM
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Fed Chair Powell Signals Rate Increase Slowdown | GlobeSt

Fed Chair Powell Signals Rate Increase Slowdown | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
But rates won’t fall, possibly for a long time.
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November 21, 2022 8:33 AM
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Cold Storage And E-Commerce, But Not Amazon, Sustaining South Florida's Industrial Boom | Biznow

Cold Storage And E-Commerce, But Not Amazon, Sustaining South Florida's Industrial Boom | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Even amid trivial market conditions from Amazon’s pullback, brokers and developers in South Florida are seeing scorching demand for industrial space.
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November 21, 2022 8:18 AM
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Fed's Bullard: We Need Much Higher Interest Rates | GlobeSt

Fed's Bullard: We Need Much Higher Interest Rates | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
The appetite for rate increase expectations is out of step with the Fed’s own research.
CommerialREFL's insight:

Typical government move... Throw more at the problem at some point it should work.... The increase to interest is the slowest possible fix that has such a slow reaction window that the by the time they see the slowing, the majority of Americans are underwater. Just tax the larger items that are non-essential. Not the most popular answer, but brakes are quickly set on the economy.

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October 25, 2022 10:38 AM
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NAIOP Survey Says Sharp Increase in Cap Rates Among Many Headwinds

NAIOP Survey Says Sharp Increase in Cap Rates Among Many Headwinds | In the Biz - Commercial Real Estate News | Scoop.it
Construction and labor cost inflation is anticipated to improve.
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October 24, 2022 8:39 AM
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Frozen Debt Markets, Local Pushback Chipping Away At Industrial Cash Cow | Bisnow

Frozen Debt Markets, Local Pushback Chipping Away At Industrial Cash Cow | Bisnow | In the Biz - Commercial Real Estate News | Scoop.it
Nationally, industrial vacancy was 4% in the third quarter, up from an all-time low of 3.9%.
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October 24, 2022 8:34 AM
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RealPage, Major Landlords Hit With Lawsuit Over Rent-Setting Algorithm | Bisnow

RealPage, Major Landlords Hit With Lawsuit Over Rent-Setting Algorithm | Bisnow | In the Biz - Commercial Real Estate News | Scoop.it
The class-action lawsuit alleges that the algorithm amounts to an anti-competitive practice.
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October 19, 2022 9:01 AM
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US Retail Real Estate Rents, Vacancies Rise From Ashes | TheRealDeal.com

US Retail Real Estate Rents, Vacancies Rise From Ashes | TheRealDeal.com | In the Biz - Commercial Real Estate News | Scoop.it
Retail real estate hit new heights in the second quarter as asking rents soared and vacancies dropped to 15-year low, per Cushman & Wakefield.
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October 19, 2022 8:51 AM
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CRE Investment Activity Is Already Rebounding from Interest Rate Hikes | GlobeSt

CRE Investment Activity Is Already Rebounding from Interest Rate Hikes | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Six weeks ago, inflationary concerns and rising interest rates started to sour investment appetite. It turned out to be a momentary pause says Matthews’ Carnes in this podcast.
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October 7, 2022 9:47 AM
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'A Huge Surprise': Multifamily Rent Growth Turns Negative As Demand Drops | Biznow

'A Huge Surprise': Multifamily Rent Growth Turns Negative As Demand Drops | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Apartment rent growth declined in dozens of major U.S. markets in Q3, posing questions about the economy in the coming months.
CommerialREFL's insight:

The article is looking at national stats, so it is not clear if this is also a factor for South Florida. What are you seeing for residential in your area?

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September 21, 2022 3:26 PM
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Here Comes The Wrong Kind Of Inflation, And It Could Destroy Real Estate Values | Biznow

Here Comes The Wrong Kind Of Inflation, And It Could Destroy Real Estate Values | Biznow | In the Biz - Commercial Real Estate News | Scoop.it

“Adjusting for the current round of associated risks, the weighted average of global real estate returns is 4.4% a year. While much weaker than returns over the past five years, we still believe that real estate will outperform other asset classes over the five-year forecast horizon."

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September 20, 2022 5:13 PM
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Apartment Rents Are Growing Faster in Low-Cost Cities | GlobeSt

Apartment Rents Are Growing Faster in Low-Cost Cities | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Rents are rising faster in outlying areas of cities previously regarded as low cost, with one exception.
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December 14, 2022 8:39 AM
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‘You’re Not Going To See Us Make Mistakes’: Why Big Banks Are Pulling Back From CRE Financing | Biznow

‘You’re Not Going To See Us Make Mistakes’: Why Big Banks Are Pulling Back From CRE Financing | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
Executives from Northwestern Mutual, PNC, MetLife and other capital sources discuss why they are looking to do fewer deals in today's economic environment.
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December 1, 2022 12:00 PM
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Rent Growth Gone by Way of Fading Pandemic | GlobeSt

Rent Growth Gone by Way of Fading Pandemic | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Zumper reports that Arizona, Tulsa, seeing greatest, recent rent drops.
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November 22, 2022 9:56 AM
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What Those Recent Inflation Numbers Really Mean | GlobeSt

What Those Recent Inflation Numbers Really Mean | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
A number of economic indicators are promising, but with more rate hikes on the horizon, how will CRE investors react?
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November 21, 2022 8:21 AM
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'Look For The Dislocation', Says One CRE Exec | GlobeSt

'Look For The Dislocation', Says One CRE Exec | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Despite dislocation in the capital markets, opportunity abounds for investors in the current economy.
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October 25, 2022 10:42 AM
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Seven Personal Qualities of a Successful CRE Player | GlobeSt

Seven Personal Qualities of a Successful CRE Player | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
CRE players require a special skill set that is not easily achieved.
CommerialREFL's insight:

This is a great outline for CRE success.

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October 24, 2022 8:42 AM
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Net Lease Cap Rates Begin To Slowly Rebound From Historic Lows | GlobeSt

Net Lease Cap Rates Begin To Slowly Rebound From Historic Lows | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
Cap rates will likely continue to increase in Q4 -- but the question is by how much.
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October 24, 2022 8:36 AM
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Meet Deano: He's Got A Problem. Soon It Will Be Commercial Property's Too | Bisnow

Meet Deano: He's Got A Problem. Soon It Will Be Commercial Property's Too | Bisnow | In the Biz - Commercial Real Estate News | Scoop.it
Demographics mean a large slice of the public will spend a lot less, so more children spending, more socialising, less retail.
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October 19, 2022 9:24 AM
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Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability - The New York Times

Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability - The New York Times | In the Biz - Commercial Real Estate News | Scoop.it
The department is proposing to gather information from across the country to establish where climate change is making property insurance unaffordable or inaccessible.
CommerialREFL's insight:

Is it possible that our government will be able to find answers to the soaring cost of insurance? 

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October 19, 2022 8:54 AM
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Office Conversions to Fix the Housing Problem? The Fed Says It Probably Won't | GlobeSt

Office Conversions to Fix the Housing Problem? The Fed Says It Probably Won't | GlobeSt | In the Biz - Commercial Real Estate News | Scoop.it
While building conversions might help, the office market is too unsettled to become a significant source of new housing.
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October 7, 2022 9:57 AM
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'Never Seen Anything Like This': CRE Assesses Impact Of Hurricane Ian | Biznow

'Never Seen Anything Like This': CRE Assesses Impact Of Hurricane Ian | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
The response to Hurricane Ian showed the resiliency of Florida's updated building codes, but the time and costs to rebuild are likely to be greater than before.
CommerialREFL's insight:

I was a little taken back by the manager's comment that they did not want to waste gas to review their portfolio. As a manager, I want to make certain that my tenants are back up and running as soon as possible. They typically are part of the rebuilding process as well. Am I being too harsh?

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September 21, 2022 3:31 PM
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Duke Realty Laying Off Hundreds In $26B Prologis Deal

Duke Realty Laying Off Hundreds In $26B Prologis Deal | In the Biz - Commercial Real Estate News | Scoop.it
The influential REIT is set to be acquired by Prologis and lay off as many as 300 staffers.
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September 21, 2022 3:22 PM
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Big Banks Pulling Back On New CRE Loans As Interest Rates Rise | Biznow

Big Banks Pulling Back On New CRE Loans As Interest Rates Rise | Biznow | In the Biz - Commercial Real Estate News | Scoop.it
The drop-off comes after record lending volumes earlier this year.
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