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#CCIM, #CCIMGlobal, #CLE, #CRE, 2023, Chicago, Cleveland Commercial Real Estate, Columbus, OH, Commerical Real Estate, CRE 2023, Investment Commercial Sales Cleveland, Millennial, Mixed Use Development, Mobile Workforce, NAI Global, NAIOP, NAIPVC, Pleasant Valley Corp, Properties Magazine, PropTech, Real Estate Investing, Retail Investment, SIOR, Smart Building Features, Sold, Suburbs, Trends
China Reopening Set to Boost Asia-Pacific Multifamily; Hospitality Sectors

Multifamily sales in Singapore, for example, are expected to improve, with some analysts anticipating a “more than 10% increase in the number of homes purchased by Chinese this year” in the city-state.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Akron, Chicago, Cleveland Commercial Real Estate, Cleveland Office Space, Columbus, OH, Commerical Real Estate, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Lease Renewal, Leased, MIDTOWN CLEVELAND, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Properties Magazine, PropTech, Real Estate Investing, Recent Transactions, Retail Investment, SIOR, Sold, Trends, ULI
New data shows declines in national distress rates

New data from commercial real estate (CRE) data provider CRED iQ shows the delinquency rate for commercial mortgage-backed securities (CMBS) continued its downward trend in June 2022, dipping to 3.30%, marginally down from 3.32% the previous month.

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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, 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, 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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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Chicago, City View Center, Cleveland Commercial Real Estate, Commerical Real Estate, Drone, Industrial Space Northeast Ohio, Investment Commercial Sales Cleveland, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Pleasant Valley Corp, Properties Magazine, PropTech, Real Estate Investing, Real Estate Technology, SIOR, Technology
Seamless site management: Drones and smart tech for CRE inspection

In the commercial real estate (CRE) context, the value of drone technology is also rapidly becoming apparent.

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#CCIM, #CCIMGlobal, #CLE, 2021, 2022, Cleveland Commercial Real Estate, Cleveland Office Space, Drone, E-Commerce, Leased, Millennial, Mixed Use Development, NAI Global, NAIOP, NAIPVC, Office, Pleasant Valley Corp, Property Management, Property Technology, PropTech, Real Estate Technology, SIOR, Smart Building Features, Sold, Technology, Trends, ULI
What’s happening in… Vancouver?

Like most of the world, Vancouver was rocked by Covid-19, with business shutdowns and job losses. However, it was relatively more resilient than other Canadian metros.

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2022, Chicago, Cleveland Office Space, Columbus, OH, Commerical Real Estate, Covid19, Mixed Use Development, Mobile Workforce, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Pleasant Valley Corp, Properties Magazine, PropTech, Real Estate Investing, Real Estate Technology, Recent Transactions, Retail, Retail Investment, Shopping, SIOR, Smart Building Features, Sold, Technology, Trends, ULI
Market analysis: NYC counts the costs of Covid

New York City (NYC) is virtually synonymous with commercial real estate.

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