-
The Rise of Live-Work-Play Communities: Redefining Urban Living
Live-Work-Play communities are on the rise in major markets across the United States, drawing in young professionals and families with affordable and community-driven living options. The asset class – a form of mixed-use development combining residential, office, retail, and leisure space – is considered the future of urban living. Developers will find unique opportunities in…
-
The Multifamily Market Finally Shows Signs of Recovery
The multifamily market is undeniably the darling of the commercial real estate sector. Through the turbulence of the post-pandemic era, multifamily has outperformed other asset classes, with 95% occupancy and 4% rent growth in 2023. Still, the sector has also experienced its fair share of dislocation. Investment volumes fell 60% last year, new construction starts…
-
Inside the Guessing Game: Interest Rate Predictions for 2024
In commercial real estate, interest rates are always a hot topic. In the many years leading up to the pandemic, investors and developers were absorbed with trying to guess when interest rates—which at that time had been at historical lows for an extended period —would increase. Today, everyone is trying to guess when they will…
-
What Developers Should Know About Live Work Play Communities
The benefits and challenges of incorporating these communities into your portfolio.
-
5 Ways to Manage Mixed-Use Development Costs
Mixed-use development has quickly stolen the CRE spotlight. The multi-use asset class is an opportunity for real estate developers to maximize the value of land sites and create dense, urban, and walkable communities for residents. Mixed-use projects also generate higher incomes than single-use assets — JLL estimates mixed-use developments pay nearly 25% more — and…
-
Everything You Need to Know About Adaptable Design For Offices
The ongoing popularity of hybrid and remote work in the post-pandemic era continues to impact office buildings across the United States. Since the majority of Class B and Class C office space remains vacant, owners are looking for creative solutions, such as shorter lease terms for customers, tenant improvement allowances, or undergoing a dramatic conversion…
-
Why Sunbelt Markets Will Continue to Boom in 2024
Over the last decade, the Sunbelt emerged as a major site of growth in the commercial real estate market. Due to robust population growth, CRE industry experts are expecting the region, which stretches across eighteen states in the southeast and west including Florida, Texas, Arizona, and George, to continue to boom in 2024 and beyond.…
-
The 2024 Commercial Real Estate Outlook Is Hazy
Often in the financial markets, investor sentiment is among the most telling indicators of market condition. Sentiment alone can swing the stock market, cause digital bank runs (think Silicon Valley Bank), stall lending markets, direct asset pricing, or spur the economy. Often, it’s a crystal ball for future investment activity. For 2024, unfortunately, that crystal…
-
Placemaking Is the Key to a Successful Mixed-Use Development
Mixed-use real estate is quickly becoming one of the most popular asset classes. The property type is transforming urban landscapes and providing people with easy access to restaurants, retail, recreation, and more. Mixed-use properties have the potential to create dense walkable live-work-play environments that enhance the vibrancy of a city and community—but to create such…