Commercial Real Estate
Damon Conrad Joins REMAX Canada as VP for Commercial
Conrad joins REMAX Canada from Royal LePage Commercial, where he served as vice president and general manager. Continue Reading Damon Conrad Joins REMAX Canada as VP for Commercial
Report: Trump Wants His Name on New Commanders Stadium
Trump is reportedly not interested in buying the naming rights or having a corporation buy it for him. Continue Reading Report: Trump Wants His Name on New Commanders Stadium
Banks Collapse Affecting Mortgage Rates, VC, PropTech
Source: Globest --- A drop in home mortgage rates, a pause (or even cut) by the Federal Reserve at its March 22 meeting, and the need to obtain new letters of credit are among the matters to ponder as commercial real estate companies and venture-capital groups sort...
ChatGPT Could Find a Place in Commercial Real Estate. In Some Ways, It Already Has.
Source: CoStar --- When Barbi Reuter, CEO and principal of Cushman & Wakefield | PICOR Commercial Real Estate Services in Tucson, Arizona, went to write an opening statement for an annual awards ceremony, she decided to open up the artificial intelligence chatbot...
Trends And Opportunities In The Evolving World Of Commercial Real Estate (CRE)
Source: Forbes --- In this article, I wish to explore the rapidly evolving world of commercial real estate (CRE) and point out current trends and opportunities occurring in this massive industry going forward. It includes a few surprises for some, and simple...
COMMERCIAL BORROWERS SEEK FLEXIBILITY AMID VOLATILE LENDING LANDSCAPE
Source: RE Business Online --- After eight interest rate hikes totaling 450 basis points over the last 10 months, courtesy of the Federal Reserve’s war on inflation, commercial borrowers can only hope that the fundamental law of gravity — “what goes up must come down”...
Equifax Adds More Monthly Payments to Consumer Credit Files
Equifax is now offering additional insight into consumer credit by including certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry. The company says this will help create greater home ownership opportunities for more...
Commercial real estate investors, lenders averse to buying – survey
Source: MPA Mag --- CBRE’s 2023 US Investor Intentions Survey released on Thursday reveals “subdued sentiment” among commercial real estate investors – with nearly 60% expected to purchase less real estate this year and just 15% planning to buy more. “Almost half of...
The “Art” of Negotiating a Commercial Real Estate Mortgage Loan Term Sheet
Source: JD Supra --- When a borrower is seeking real estate financing, there is invariably timing pressure to solidify a mortgage loan term sheet (on occasion, in the form of a loan commitment or loan application), so that the next steps in the loan process (lender’s...
Predicting the impact of inflation on commercial real estate
Source: MPA Mag --- Commercial real estate officials gathered this week to discuss the impact of inflation on development and construction amid a backdrop of inflation. “The big picture out there, certainly from a capital markets perspective, is difficult right now,”...
Commercial property not immune to interest rate pressure
Source: MPA Mag --- While the current property market downturn is expected to start to level out late in 2023, the commercial property market has not been spared the effects of rising interest rates, the latest Herron Todd White data shows. Releasing its Month In...
The 10 Step Process to Leasing a Commercial Space
Source: Entrepreneur --- If you are new to commercial leasing and will be leasing a commercial space for the first time, here's an overview of the commercial leasing process. 1. Find a location Determine the demographic you want to reach and find an area that caters...
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