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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Amazon, Chicago, Cleveland Commercial Real Estate, Cleveland Office Space, Columbus, OH, Commerical Real Estate, E-Commerce, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Lease Renewal, Leased, MIDTOWN CLEVELAND, Mixed Use Development, Multifamily Sales, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Properties Magazine, Property Technology, Real Estate Investing, Real Estate Technology, Recent Transactions, Retail Investment, SIOR, Sold, Technology, Trends
Another lender announces slow down for CRE credit

Additionally, on the residential side, their PMI research indicates “a steep contraction in demand for real estate amid tightening financial cost of living”.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Lease Renewal, Leased, MIDTOWN CLEVELAND, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Properties Magazine, Property Management, Real Estate Investing, Recent Transactions, SIOR, Smart Building Features, Sold, Technology, Trends
CRE 2022: Positive metrics for the first six months

A new report out from JP Morgan Chase provides an interesting mid-year review for commercial real estate (CRE).

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Chicago, Cleveland Commercial Real Estate, Cleveland Office Space, Columbus, OH, Commerical Real Estate, E-Commerce, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Pleasant Valley Corp, Property Management, PropTech, Real Estate Investing, SIOR, Smart Building Features, Sold, Trends
With interest rates and risk rising, cap rates may be next in line

Earlier this year, the National Association of Realtors (NAR) predicted only a modest rise in cap rates in 2022, counterbalanced by upward pressure in CRE prices.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, 5G, Akron, Cleveland Commercial Real Estate, Cleveland Office Space, Columbus, OH, Commerical Real Estate, E-Commerce, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Millennial, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Pleasant Valley Corp, Properties Magazine, Property Management, Property Technology, PropTech, Real Estate Technology, SIOR, Smart Building Features, Technology, Trends, ULI
FINANCIAL STRATEGIES: Get Smart

The use of technology in real estate seems to follow a similar path, with innovations taking months, if not years, to be integrated into the industry

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#CCIM, #CCIMGlobal, #CLE, 2022, Akron, City View Center, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, Covid19, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Mixed Use Development, Multifamily Sales, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Property Technology, PropTech, SIOR, Smart Building Features
Top Tech partner: Apollo Energies

The starting point for Apollo’s commercial services is typically an energy audit that helps clients determine the best way to streamline their building’s operations and bump up energy efficiency. Apollo also advises clients on how to meet safety, health, and wellbeing requirements in line with today’s ESG standards.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Chicago, Cleveland Commercial Real Estate, Cleveland Office Space, Columbus, OH, Commerical Real Estate, Leased, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Property Management, Real Estate Investing, Recent Transactions, SIOR, Smart Building Features, Trends
Dire office market predictions premature according to Moody’s

There’s no getting around it – the last couple of years have not been kind to the office sector.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Leased, MIDTOWN CLEVELAND, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Properties Magazine, PropTech, Real Estate Technology, Recent Transactions, SIOR, Sold, Team, Technology, Trends
Flowers & Roots

One of the most common (and easy to understand) metrics used by a lender is the loan-to-value (or LTV) ratio.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Chicago, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Leased, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Office, Property Management, Real Estate Investing, Real Estate Technology, SIOR, Sold
REITs sag under general market pressure in April, May 2022

A recent look at the numbers shows that real estate investment trusts (REITs) didn’t escape the sell-off

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, Covid19, E-Commerce, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Lease Renewal, Leased, Mixed Use Development, Mobile Workforce, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Packages, Pleasant Valley Corp, Real Estate Investing, Recent Transactions, Retail, SIOR, Smart Building Features, Sold, Technology, Trends
US foreclosures: records and rebalancing

Foreclosures in the US were up in the first quarter of 2022 – setting what the data provider calls a “post pandemic high”.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, 5G, Cleveland Commercial Real Estate, Cleveland Office Space, Commerical Real Estate, E-Commerce, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Leased, Mixed Use Development, Mobile Workforce, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Pleasant Valley Corp, Property Technology, PropTech, Real Estate Investing, Real Estate Technology, Retail Investment, SIOR, Smart Building Features, Sold, Team, Trends
Can a mortgage be issued for virtual land? Apparently, it can in the metaverse

Though it’s still early days, and impossible to say how the virtual property trend might play out, the recent developments in the space suggest it’s certainly worth keeping an eye on. At the very least, the metaverse poses an interesting proposition, and one a lot of people seem to be willing to speculate on.

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