Nov
08
Posted on November 8, 2017
A Charlotte architecture and interiors firm has finalized its merger with Progressive AE.
Tax Reform's Effect on CRE
Category: Legislative
Nov
03
Posted on November 3, 2017
House leaders took a significant step forward with tax reform efforts on Thursday with the release of the Tax Cuts and Jobs Act, H.R.1, which includes an expansive set of proposed changes to the corporate and individual tax system.
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Oct
25
Posted on October 25, 2017
By: James M. Mulligan
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Oct
24
Posted on October 24, 2017
Recruiting and retaining top talent has become essential in today's highly competitive marketplace.
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Oct
23
Posted on October 23, 2017
REBIC has put together an Election Guide to help you cast your vote for candidates who support the real estate industry.
See which candidates REBIC has endorsed
NAIOP CRE Sentiment Index: Cautious Optimism for U.S. Commercial Real Estate Market Over Next 12 Months
Category: Industry
Oct
20
Posted on October 20, 2017
NAIOP has released the latest CRE Sentiment Index based on a survey of member developers, owners, and investors on whether their 12-month outlook for commercial real estate development is positive, neutral or negative.
The Fall 2017 Index is 0.49, registering the second lowest reading in the history of the three-year-old survey, decreasing from 0.56 as measured in the March 2017 survey. This survey reflects an expectation that the CRE market will be moving ahead at a more cautious pace than what was expected six months ago.
Key takeaways:
- The Fall 2017 Index returned to the level noted in September 2016, when commercial real estate fundamentals were generally positive but uncertainty regarding the U.S. presidential election clouded the general economic outlook.
- The two largest positive changes in the survey that helped keep the Index in positive territory were much greater confidence in the availability of debt and equity capital.
- However, respondents were much more concerned about the costs of construction materials and labor – with these two survey components hitting all-time lows.
View graphs and observations for each of the 10 questions about jobs, the space markets, construction costs, the capital markets and more.
View the Report
To share your feedback or inquire about participating in the next Sentiment Index survey, contact [email protected].
Oct
13
Posted on October 13, 2017
A recent survey conducted by construction management firm Structure Tone found green building is still a major market differentiator, and employee wellness is increasingly important to tenants. Structure Tone sent its “Client Sustainability Survey” to a nonscientific sample of corporate real estate and facilities management professionals. Questions centered on participants’ opinions on third-party certification systems like LEED, challenges to building green and the newer pressures of wellness and climate change in the built environment. Findings indicated that 62 percent of respondents agreed that LEED is a valuable market differentiator, but cost is the primary barrier to adopting sustainable building practices. Over 80 percent of the respondents consider employee wellness essential to their retention and recruitment; more than 50 percent reported they plan to seek external expertise to incorporate wellness into their buildings.
Oct
12
Posted on October 12, 2017
Amazon’s search for a second headquarters has North American cities scrambling for ways to attract the world’s fourth-largest corporation. However, jurisdictions, even those not in the running, should take their economic development cues from Amazon’s HQ2 Request for Proposals (RFP), according to Brookings Institution’s Amy Liu and Mark Muro. In a recent Harvard Business Review article, “What Amazon’s HQ2 Wish List Signals about the Future of Cities,” Liu and Muro’s advice to cities that want to attract high-tech industry is “not to just polish up branding and marketing materials and wait for the next Amazon-scale business attraction opportunity,” nor rely on assembling parcels and offering generous subsidies. Rather, cities need to examine the criteria outlined in the RFP and “ask whether they’ve done enough to build up the fundamental assets prized by innovative firms and industries.” Those assets include:
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Oct
11
Posted on October 11, 2017
According to a report by the National League of Cities, U.S. cities’ revenue growth will shrink for the second consecutive year in 2017. The findings in “City Fiscal Conditions 2017,” based on a survey of finance officers from 261 cities, “signal a trend that was last seen in 2006 before the Great Recession.”
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Oct
10
Posted on October 10, 2017
Is your 2018 salary and bonus package competitive? Find out with the 2017 NAIOP/CEL Commercial Real Estate Compensation and Benefits Reports.
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Oct
09
Posted on October 9, 2017
Below are some details on the recently released Unified Framework for Fixing Our Broken Tax Code, in which the Trump administration and congressional Republican leadership have outlined chief areas of agreement for tax reform legislation.
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Oct
09
Posted on October 9, 2017
The City of Concord invites the public to get the first glimpse into the policies and maps that will guide the development of the community over the next 10-15 years. The 2030 Land Use Plan public input session is scheduled for 6:30 p.m. on Tuesday, October 10 CFA Village Suite 75 located at 280 Concord Parkway N.
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Budget First, Tax Reform Next
Category: Legislative
Oct
06
Posted on October 6, 2017
Lawmakers in the House and Senate say they’re determined to pass a sweeping tax reform bill this year. But first, for procedural reasons, both houses need to pass a Fiscal Year 2018 budget. FY 2018 began on October 1.
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Oct
06
Posted on October 6, 2017
According to a recent TechCrunch article, “VC Doors are Wide Open for Real Estate Startups,” seed and early-stage investment in real estate technology have increased by $100 million over the past 12 months. Cultural and demographic shifts along with rising property and rental prices account for the rising interest in startups.
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To Survive, Malls Must Reposition
Category: Industry
Oct
05
Posted on October 5, 2017
A report by CBRE, “What’s Wrong with American Shopping Malls?” finds retailers with low-growth rates, such as department stores, occupy a majority of U.S. shopping malls’ gross leasable area compared to retailers with higher-growth categories such as restaurants and home furnishings. This disparity, according to CBRE, indicates malls should lease to different retailers to stay competitive.
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Oct
05
Posted on October 5, 2017
On September 19, 2017, NAIOP Charlotte hosted a breakfast that discussed Moving people and products into, around and outside of Charlotte with bikes, automobiles, trucks, airports, light rail, and trains. It all impacts the future growth and development of our region. This breakfast discussion included diverse perspectives on local, state and national policy and the priorities and challenges for the next 25 years. Are their tools to help move the priorities forward? How does the 2040 Transportation Plan, managed lanes, and rail impact your business and the future of development? And, how can our industry help ensure good mobility in our region?
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Oct
04
Posted on October 4, 2017
By: Todd Burns
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Oct
04
Posted on October 4, 2017
Congratulations to our Tournament Winners!
Thank You to all our Participants and Sponsors!
Thank you to everyone who came out on Monday, October 2 for the NAIOP Charlotte and CRCBR Annual Golf Tournament at Carolina Golf Club. Congratulations to all of our tournament winners.
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Oct
04
Posted on October 4, 2017
We are proud to introduce our new association members! The following is a list of individuals who have joined NAIOP Charlotte since July 18th:
- Brion Blais, SpeedPro Imaging Charlotte Center
- Brian Boehm, ElmTree Funds
- Christopher Kouri, Nexsen Pruet, PLLC
- Derek Lanning, Miles-McClellan Construction
Oct
03
Posted on October 3, 2017
By: Richard R. Spore III