Powering the Real Estate Investment Process with GPT

Originally published on October 11, 2024, by Ginger Meurer for NAIOP.

Generative AI is not just a tool of the future. Practical applications are already at work today in investment, acquisition, financing, asset management, debt management and more. At this week’s NAIOP CRE.Converge conference, Laura Krashakova, CEO at Smart Capital, shared insights into ways companies can use generative AI to cut costs and automate their way to peak efficiency.

Read More

NAIOP's Crowned Developer of the Year at CRE.Converge

 

NAIOP, the Commercial Real Estate Development Association, has selected Crescent Communities as its 2024 Developer of the Year – the association’s highest honor. The award was presented during NAIOP’s CRE.Converge conference in Las Vegas this month.  

Read More

Navigating Trends in Industrial Real Estate Development

Originally published on October 10, 2024, by Ginger Meurer for NAIOP.

The ideal industrial real estate site criteria have evolved with the economy.

Read More

Innovating Urban Spaces: The Future of Mixed-use Real Estate Development

Originally published on October 10, 2024 by Chanelle Hayes for NAIOP.

When it comes to mixed-use real estate development, it isn’t just a trend but a transformative force that’s reshaping our cities in today’s rapidly evolving urban landscape.

Read More

Targeted Incentives and Key Challenges in Data Center Development

Originally published on October 9, 2024, by Marie Ruff for NAIOP.

“We’re in a really unique point in history in the sense that we have this huge demand curve for data centers at a time when we also have some constraints in power,” said Elissa Wilson, attorney, Vorys, Sater, Seymour & Pease, LLP, to begin a panel discussion on data center development at NAIOP’s CRE.Converge. “But the reason data centers are so important is they are fundamental to our modern economy. They’re fundamental to our way of life. They’re fundamental to every single transaction that happens online.”

Read More

Automation, Solar and Tools Driving Cold Storage Design

Originally published on October 8, 2024 by Kathryn Hamilton, CAE for NAIOP.

Cold storage warehouses differ from traditional buildings in more ways than just temperature, and new technologies and trends are reshaping the sector as it grows.

Read More

Defining Cold Storage: Asset Classes, Opportunities, Challenges and Forecasts

Originally published on October 7, 2024, by Kathryn Hamilton, CAE for NAIOP.

Cold storage is a collective term that encompasses multiple types of facilities, agreed on the first panel at NAIOP’s I.CON Cold Storage this week in Las Vegas. A record-setting crowd of almost 700 professionals in the sector gathered for NAIOP’s second conference on the topic.

Read More

Weigh in on the Charlotte Area Planning Process While There’s Still Time

YOU ARE INVITED TO SHARE YOUR INPUT! Charlotte Future 2040 Community Area Planning Workshops continue this fall, and information shared at the workshops is available online through the "Supporting the Vision" Webtool.

Navigate through 5 virtual stations to learn about planned projects and available programs that will support future development. Then share your input about other needed projects and programs in your community via the surveys at the end of each page. Station topics include:

Read More

Two Important Advisory Committees Are Seeking Members

The City of Charlotte and Mecklenburg County are seeking members to fill vacancies on two important advisory committees.

ONE

City Council action established the City’s Alternative Compliance Review Board (ACRB) as a quasi-judicial board on June 17, 2024. This board will become effective no sooner than October 1, 2024 (more likely to be confirmed in November). The ACRB provides alternative compliance for certain design regulations based on the criteria found in Articles 35.5 and 37.1 of the Unified Development Ordinance. The ACRB will approve, approve with modifications, or deny requests for alternative compliance to select standards identified in the UDO for the applicable zoning districts. If interested, please get in touch with one of the following:

Read More

2024 Pickleball Supports Breast Cancer Awareness

 

Register Now

Get ready for the ultimate networking opportunity!

Read More

Join NAIOP Now for 2025 & Get the Rest of 2024 FREE

Dealmaking starts here. Connect with NAIOP’s 21,000 members in 54 chapters across the U.S. and Canada.NAIOP members make deals with NAIOP members! Join now for 2025 and get the rest of 2024 free! 

Membership Benefits

At NAIOP, we’re not just empowering our members as they build their businesses – we’re shaping the future of commercial real estate.

Read More

Federal Reserve Dials Back Basel III Endgame Regulation

Originally published on September 18, 2024, by Aquiles Suarez for NAIOP.

On Sept. 10, in a speech given at the Brookings Institution of Washington, D.C., the Federal Reserve’s Vice Chair for Supervision Michael Barr announced that the central bank would be revising and re-proposing its bank-capital rules proposal commonly referred to as their Basel III Endgame Regulation. The regulation, first proposed in 2023, would have mandated a dramatic hike in the capital requirements on major banks and garnered intense criticism from the private sector, including from NAIOP and its real estate allies, who raised concerns about the negative impact the new regulations would have on the availability of credit for commercial real estate. In a clear victory for NAIOP and real estate, Barr made clear in his speech that the Federal Reserve (Fed) would be scaling back the regulation.

Read More

Apartment Construction Hits Historic High in 2024

Originally published on September 6, 2024, by Veronica Grecu for NAIOP.

In 2024, the U.S. is set to achieve a new milestone in apartment construction: For the first time in history, the number of apartments completed in one year is anticipated to surpass the 500,000-unit mark. Developers are on track to complete over 518,000 rental units, which marks a significant 9% increase compared to 2023 and a 30% rise from 2022.

Read More

Adaptive Reuse Apartments on the Rise Again

Originally published on August 24, 2024, by Veronica Grecu for NAIOP.

In 2023, the trend of transforming buildings into apartments saw a significant revival, nearing the peak levels of 2019 and 2020, as developers responded swiftly to the increased demand for housing after a two-year slowdown.

Read More

CREW Charlotte’s Alphabet Soup Event 2024: The ABC’s of Networking

September 10 | 4:30PM - 7:30PM | The Hamilton

Join CREW Charlotte for its Alphabet Soup Networking event. Come network with colleagues from all of the local CRE Organizations!

This year we will have karaoke again so be ready to sing! Hear from some of the CREW Charlotte Board and other members and guests! Don’t worry, it is not required and is in a separate space so you only participate if you want to!

Read More

New PFAS Regulations: Implications for Developers and Owners

Originally published on August 13, 2024 by Brielle Scott for NAIOP.

From John Oliver to CNN to the Wall Street Journal, everyone seems to be talking about PFAS. PFAS (per- and polyfluoroalkyl substances) are a family of manmade chemicals that have been used in manufacturing everything from apparel to cosmetics to food packaging.

Read More

Department of Energy Defines “Zero-Emissions Buildings”

Originally published on August 7, 2024, by Eric Schmutz for NAIOP.

In June the U.S. Department of Energy (DOE) released the National Definition of a Zero Emissions Building (ZEB). This definition is the result of DOE and White House listening sessions held over the past year to obtain stakeholder concerns and feedback. 

Read More

Welcome New Members

We are proud to introduce our new association members! The following is a list of individuals who have joined NAIOP Charlotte since April 2024:

  • Kailan Boston, eXp Commercial
  • Thomas Brafford, Patterson Pope Inc
  • Garrott Braswell, Avison Young
  • Noah Carper, Suddath Relocation & Logistics
  • Margaret Doolin, Barings
  • Andy Eades, Patriot Surveying & Infrastructure PLLC
  • Keely Edwards, Ratzlaff Construction Company, LLC
  • Jewell Gentry, Avison Young
  • Will Grant, Ascent Construction Group
  • Grandin Howell, DAVENPORT
  • Geoffrey Lewis, GEL Engineering, LLC
  • Chad Melberg, Gable Company
  • Trent Michels, FuND
  • Brian Mountcastle, L.F. Jennings General Contractor
  • Sean Pardy, Terracon Consultants, Inc
  • Zach Spencer, The Bainbridge Companies
  • James Thompson, Dogwood Industrial Properties
  • Paul Viverette, Multivista
  • Tyler Windham, USI Insurance Services
  • Adam Winters, ARCO Design/Build, Inc.

Quick Reads on Local Public Policy

The mission of the Real Estate & Building Industry Coalition (REBIC) is to catalyze positive outcomes for those working to create a healthy real estate market in the Charlotte region by using our voices to advocate, educate, connect, and advise. Subscribe to REBIC’s Two for Tuesday: quick reads and upcoming events in the region.

View & Subscribe

Preview: Implications of PFAS Regulation on the Commercial Real Estate Industry

 

Laura Boorman Truesdale
Mary Katherine H. Stukes
Moore & Van Allen

Read More