Bringing the Outside In
Category: Industry
Nov
22
Posted on November 22, 2017
By Roger Heerema
Nov
22
Posted on November 21, 2017
NAIOP and the Greater Workspace Association convened with great success last week in Brooklyn, with close to 400 attendees gathering to talk all things office real estate: from co-working to design to demand to tech and beyond. Want to see what you missed? Check out the presentations, with more content being added here daily. Read More
How Data is Tranforming CRE
Category: Industry
Nov
20
Posted on November 20, 2017
Tapping into financial and property data can allow commercial real estate companies to save both time and money; using real-time performance analytics, for example, can help optimize operating expenses. As the volume of data across the globe increases at a staggering rate, meanwhile, the data center industry faces critical questions about cybersecurity and data management.
- Next Wave of CRE Tech: Harnessing Data to Unlock Value
Commercial real estate is coming to terms with the critical need for data-driven organizations, teams and results, reports Waypoint. The current tech landscape enables financial data to be aggregated into a single, company-wide system of record rather than compiling disparate data from separate, siloed systems. How organizations leverage and analyze the data is what will ultimately provide the competitive edge they need to rise above the rest. - Four Ways the Cloud is Forever Changing Data Center Real Estate
The future of data center real estate is looking more global and automated, according to JLL research, helping the data center industry become more efficient and keep up with the surging amount of data being generated by corporations, entertainment companies, and personal devices. Combined with the growth of cloud computing, these trends mean that the industry is facing important questions about cybersecurity, data sovereignty, and digital content consumption.
Nov
17
Posted on November 17, 2017
Date: December 5, 2017
Day/Time: 2-3 p.m.
Location: Your Office
Format: Webinar
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Nov
16
Posted on November 16, 2017
To create destinations that captivate shoppers beyond mere retail purchases, owners have dramatically transformed malls by investing more than $8 billion in renovations over the last three years. JLL’s new report, A New Mall Rises, explores 90 super regional and regional malls that are currently undergoing or have gone through a significant renovation during that time period.
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Nov
16
Posted on November 16, 2017
Last Thursday, the Senate Finance Committee released draft tax reform legislation that they will move through committee later this week. The Senate bill was released after the House Ways and Means Committee passed its version of tax reform earlier that day.
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Nov
15
Posted on November 15, 2017
The U.S. commercial real estate industry ecosystem is changing at a rapid rate due to new forms of technology (e.g., artificial intelligence, smart cities, mobility improvements, sensors) and demographic changes in the workforce, according to Deloitte’s Commercial Real Estate Outlook 2018. The report urges the real estate industry to embrace these changes even though they might represent uncertainty.
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Nov
14
Posted on November 14, 2017
Written by Champaign Williams
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Nov
13
Posted on November 13, 2017
Miss CRE's premier event? We've got you covered with the conference session recordings, recaps and news coverage you need on the CRE.Converge resources page.
Click here to read more.
Nov
08
Posted on November 8, 2017
A Charlotte architecture and interiors firm has finalized its merger with Progressive AE.
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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.