Self-Storage Market Declines but “Hot Spots” Still Show Resilience

After peaking in 2022, rent values in the self-storage sector have continued to post sharp declines in recent years. And though that trend has been decelerating, that news isn’t likely to put a smile on the face of storage facility owners who have been watching their rental rates drop. The good news is that there […]

CRE Distressed Assets Trigger Big Moves from Investors

CRE Distressed Assets

For the past year, we’ve seen a lot of predictions in commercial real estate (CRE) around the looming “wall of debt” facing commercial assets. Many owners face a difficult refinancing environment as their loans come due, and NAI Global’s Arthur Milston previously predicted a wave of distressed assets that would hit the market in 2024. As we […]

Harnessing Technology and AI for Sustainable Commercial Real Estate (CRE) Practices

Sustainable Development

In an era defined by climate change, resource scarcity, and social responsibility, the integration of Environmental, Social, and Governance (ESG) principles has become increasingly imperative across all sectors of the economy. Within the realm of Commercial Real Estate (CRE), the adoption of sustainable practices also presents compelling financial opportunities and risk mitigation strategies. In this […]

The Current State of the Commercial Real Estate (CRE) Landscape

Current State of the Commercial Real Estate Market

The commercial real estate (CRE) sector is experiencing a period of significant change, with challenges and opportunities shaping the industry. In this blog, we will explore the current state of the CRE landscape, focusing on macroeconomic factors, financial trends, and technology advancements. Macroeconomic Challenges The CRE sector is facing a slowdown due to macroeconomic headwinds […]

FinCEN Alert Could Mean Greater Scrutiny for CRE Markets 

Fin CEN CRE Markets

A new alert issued by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning banks and other financiers to be on the lookout for potentially suspicious investments into US commercial real estate (CRE). FinCEN says some of these investments may be an attempt by Russian oligarchs to use CRE to move or hide funds and avoid […]

Multifamily Set to Dip then Uptick, says Freddie Mac.

Multifamily

Among the commercial real estate (CRE) sectors that outperformed last year, multifamily was one of the stars of the show. Many areas saw red-hot demand for apartments in early 2022, and the trend only really started slowing towards the end of the year. Even with that slowdown however, 2022 will go down in the books […]

The Potential of GenAI for Real Estate

GenAI

Back in 2022 when ChatGPT first made its appearance, artificial intelligence (AI) was still considered a novelty in many industries. Since then, we’ve seen a surge in the popularity of AI assistants and, more broadly, in other generative AI (GenAI) tools that can be used across a wide range of applications and business contexts. With […]

Retail Should Expect a Busy Fourth Quarter

Retail Real Estate

With the holiday season just around the corner, there’s some good news for the retail sector according to the retail industry organization, ICSC (Innovating Commerce Serving Communities). Despite economic concerns, ICSC’s 2023 Holiday Shopping Forecast says the sector can expect a “3.8 percent increase in October-December retail sales,” with an additional 7.6% increase for the […]

Construction Still Shaky but Green Shoots in Some Sectors

commercial construction

Earlier this year, NAI reported on projections from the Dodge Construction Outlook Conference, where construction industry leaders gave their forecast for the year to come. As we noted then, the forecast at the start of the year was shaky, with a 3% drop-off in starts (i.e., new construction projects) predicted for 2023. As we head […]