Commercial Real Estate
Connecticut Freezes Property Tax Assessments on Farmland
Gov. Ned Lamont ordered the revocation of the 2025 Recommended Land Use Values and Best Practices for farmland. Continue Reading Connecticut Freezes Property Tax Assessments on Farmland
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
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...
Commercial Real Estate Tech Startup LOANtuitive Launches AI Assistant to Help Brokers Connect Find Alternative Capital Sources
LOANtuitive, a Seattle-based commercial real estate technology startup that provides commercial real estate mortgage brokers with tools to match loan requests with lenders, announced today its AI assistant, leveraging OpenAI's GPT-3. "Brokers and lenders can...
What is the “new oil” in commercial real estate?
Source: MPA Mag --- The concept of data can be daunting to some, yawn-inducing to others. But as it relates to business, data is something of the ‘new oil’. That was the assessment during a recent presentation staged by Dallas-based CBRE Group Inc., the world’s...
Everything on demand: Trends influencing real estate and businesses
Source: J. P. Morgan --- As companies strive to meet consumers’ expectations for everything on demand, we’re seeing strategic shifts to optimize logistics from the warehouse to the front door. While these developments are often the hallmark of larger enterprises,...
Real Estate Trends — What this year has on the cards in commercial space
Source: CNBC TV18 --- The key force behind the resurgence and sustained momentum of commercial real estate (CRE) has been new-age accessible instruments like fractional ownership and REITs, writes Shiv Parekh, Founder, hBits. As India emerges from the clutches of the...
Commercial real estate trends in 2023
Source: Inside Tucson Business --- Three years. That is how long it has been since the onset of the COVID-19 pandemic and the seismic effect it had on all elements of life, including the commercial real estate market. As the economy continues to rehabilitate, here is...
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