Alice Fletcher

In the Atlanta #office market in Q2, leasing activity was robust, with extra-large transactions returning to the market: eight deals were signed of 90,000 square feet or larger. Learn more in JLL’s Q2 2024 Atlanta Office Insight report: https://lnkd.in/dZ__pJJu

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Discover the pivotal role of zoning reports in commercial real estate due diligence. Ensure your investments are secure with comprehensive insights into zoning regulations. Read more: https://lnkd.in/ec2Huu49 #LightBoxRE #CRE #Zoning #DueDiligence

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Freddie Mac's latest midyear outlook forecasts muted growth for the multifamily sector in 2024, with high supply and slow rent growth posing challenges. Despite a healthy economy, the vacancy rate is set to rise, and rent growth is expected to be just 2.7%. This tempered performance is a result of record-high new unit supply and economic volatility. However, long-term prospects remain strong due to housing shortages, high for-sale housing costs, and favorable demographics. Secondary and tertiary markets, particularly in the Sun Belt and southern plains, are likely to see more robust growth. https://lnkd.in/dUYcUevi Website: https://londonmoeder.com/ Facebook: https://lnkd.in/d7-qmPKb LinkedIn: https://lnkd.in/dsKSa7am TikTok: https://lnkd.in/dMJuxejJ Youtube: https://lnkd.in/d2rGGnCy #commercialrealestate #commercialproperty #CommercialLand #commerciallandforsale #warehousespace #officespace #flexspace #industrialspace #sandiegocommercialrealestate #sandiegorealestate #realestate #cre #realtor #realestateagent #realestateinvesting #property #commercial #commercialproperty #realestateinvestor #business #investment #propertymanagement #investmentproperty #residentialrealestate #forsale #retail #entrepreneur #construction #officespace #realestatebrokerage #housingshortage #housing #housingelements #housingmarket #housingcrisis #orangecountyrealestate #orangecounty #orangecountyhomes #latimes #lahousing #losangeleshousing #housingresearch

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INDUSTRY NEWS The NIC Senior Housing Analyst Review and Outlook Series inaugural segment provides insights into the senior housing market from 2024 to 2026, emphasizing the gap between construction pace and growing demand. #SeniorHousing #HousingTrends

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The #multifamily sector is experiencing several headwinds, including rising construction and operating expenses, a surge in new supply, rising borrowing costs and, in some cases, falling rental rates – but the outlook for 2024 may not be as black-and-white as it appears. Read more: https://lnkd.in/gSBWaxYA #CommercialRealEstate #CRE #RealEstateTrends

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As explained by CoStar Group, build-to-rent housing starts have more than doubled over the past decade as a proportion of all single-family construction. #Developers are looking to meet the growing demand fueled by elevated mortgage rates and the scarcity of for-sale inventory, which are making property less affordable for would-be buyers. https://bit.ly/3x1Pou4

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Office to residential conversion is a capital intense investment at a time when existing multifamily properties face challenges in maintaining their own values. There's no easy answer. The real estate industry should give serious consideration to the benefits of a president who understands commercial real estate.

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In the face of stagnant interest rates, the commercial real estate (CRE) market is beginning to show signs of recovery. Despite an 8% drop in sales in Q1 2024 compared to the previous year, this is an improvement from the significant decline seen in late 2023. High-value transactions over $50M are on the rise, signaling renewed activity. However, the market eagerly anticipates interest rate cuts to foster meaningful growth. Multifamily, industrial, and retail properties are seeing increased sales, while the office sector lags due to prior large transactions. #vhgcregroup #cre #commercialrealestate #economicrecovery #interestrates

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"Apartments.com Renters Survey Reveals Accelerated Moving Schedules" - Some great recent insights from Costar/Apts.com's recent renter survey include: • Renters are looking to move-in sooner (30% w/in 3 months) and making decisions more quickly (avg. 27 days vs. 46 in 2021). • Most renters (68 percent) said they expect to seriously consider only two or three properties. • In-unit laundry remains a requirement for most renters (76%). • Renters want to hear back within 2 days (87%). https://lnkd.in/eiNsY8W2

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This week on Stay Paid, Luke Acree and Joshua Stike are joined by Stephen Acree, lead of the top team in Lynchburg, Virginia, and Cody Smith, his director of sales, to dissect a recent BAM article identifying five mistakes real estate agents often make while building their client bases. We’ll delve into why these missteps happen and offer actionable strategies to avoid them. Join us to hear about: •   A course correction: How focusing on brand awareness can do your business more harm than good. •   The relationship builder: A tremendously popular way to be of service to your sphere that allows you to foster trust while allowing for genuine interactions. •   The five-day trust booster: A powerful tactic to connect and provide value to 25 people in five days without breaking a sweat. 👇🏽 Listen on Apple Podcasts: https://lnkd.in/eap3MyAf 👇🏽 Listen on Spotify: https://lnkd.in/eUJf4X6w

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Thank you Robert Pinnegar and the National Apartment Association (Naahq) for always being vigilant and quick to support housing affordability in America. We all know that rent control is not it. “Any form of rent control harms communities and renters, forcing housing providers and much-needed supply out of the housing market. New NAA research found that rent regulation cripples housing providers’ ability to properly maintain their properties, leading to a decline in housing and neighborhood quality.” “NAA continues its advocacy with Congress and the Biden Administration to positively influence policy conversations and ensure the rental housing industry’s perspective is heard and represented. We continue to maintain that the only way to sustainably lower housing costs and create more housing security for renters is to increase housing supply through actions like the Biden Administration Housing Supply Action Plan. “ #rentcontrol #affordablehousing

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The price for a single-family home in the DC region hit a new record last month, following suit with overall prices. The median price for arguably the most sought-after property type in the area over the last five years came in at $840,000, according to Bright MLS. Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for detached homes.

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Property selection is always key, according to Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC. Connect CRE has more from Inland execs and transaction activity going into the year: https://lnkd.in/dqBJTavR #SelfStorage #StudentHousing #Healthcare #SeniorLiving #CRE #RealEstate #AlternativeInvestments

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Amended Live Local Act Signed Into Law By Gov. DeSantis The law amends last year’s Live Local Act, which grants extra density and tax breaks for developers who include affordable housing units in their projects. The amended law essentially doubles tax breaks for developers who incorporate at least 71 affordable or workforce housing units and also mandates additional parking breaks for projects built near major transit hubs. Read more at https://lnkd.in/e6Bv-pAt #livelocal #floridarealestate #floridacre

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CBRE Report: #MixedUse Districts Valuable To Shaping Cities’ #Growth: Evaluating 19 U.S. markets, #CBRE finds that offices and other properties in vibrant mixed-use districts have fared significantly better compared to office-dominant #districts. #CorporateRealEstate #EconDev #SiteSelection

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Modern Amenities: Five Ways Tech Redefines Multifamily Living https://lnkd.in/e_23C4Y2 #Multifamily #PropertyManagement

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Last week I testified before Congress on behalf of the MBA to support the commercial mortgage industry. Primary discussion centered on the need for ongoing liquidity as we transition to high rates and office transitions to the new work environment. Furthermore, HUD can be cheaper and deliver more effectively as we try and add needed housing units. #MortgageBankersAssociation #Northmarq

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According to a recent Bisnow article by Taylor Driscoll, the first half of this year was supposed to be when interest rates began coming down, providing a lifeline to struggling commercial real estate owners. But it now appears the Federal Reserve may not be coming to the rescue anytime soon. 📈 High-interest rates profoundly impact the commercial real estate sector, particularly influencing borrowing costs, investment returns, and overall market dynamics. As rates climb, the cost of financing or refinancing properties escalates, potentially stifling new projects and pressuring existing owners with variable-rate loans. Conversely, the enduring high rates can freeze less capitalized owners out, leading to distressed sales or foreclosures, which can alter market values and create opportunities for well-capitalized investors. Integrating artificial intelligence (AI) in this sector could be a game-changer, offering CRE owners and investors tools for better asset optimization. AI can enhance decision-making processes through predictive analytics, improve operational efficiencies, and enable more personalized tenant experiences, thereby maximizing asset values even in challenging economic climates. Trends in commercial real estate influenced by interest rates: 1️⃣ Increased adoption of AI and technology solutions for asset management. 2️⃣ Growth in distressed asset sales and foreclosure rates. 3️⃣ Shift in investor focus towards more resilient asset classes. Link to article: https://lnkd.in/gdkaATBH Learn more at realsage.com Tags: #proptech #cre #multifamily #ai

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