#CCIM, #CCIMGlobal, #CLE, #CRE, 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, Pleasant Valley Corp, Property Management, Real Estate Investing, Recent Transactions, SIOR, Sold, Team, Technology, Trends
Women’s History Month – Celebrating Barbara Faciana

As we celebrate Women's History Month, we at NAI Pleasant Valley want to recognize the contributions of the women within our company. In Northeast Ohio, Barbara Faciana is a beacon of empowerment and achievement. As the co-CEO of Pleasant Valley Corporation (PVC) and NAI Pleasant Valley, Barbara's journey embodies resilience, entrepreneurship, and a commitment to excellence.

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Building on Spec

By: Joe Hauman This blog will cover the basics of building on spec and the current spec market forecast in my home market of Cleveland, Ohio.  What is the Definition of Building on Spec? Spec means speculative; in its most basic form, spec is when a developer constructs a structure without a tenant in mind to use the space. When a developer builds on spec, they have no specific tenant in mind and rely on their broker to find one…

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Owning Up

Alec J. Pacella, CCIM Many years ago, I was meeting with a person that made an off-the-cuff remark of an ownership position in several high-profile properties and made several references to “he and his partners.” This caught me off guard a bit, as this person was relatively young and the portfolio of properties was substantial in value. As the years have passed, I have a better understanding of the many different ways to actually have an ownership position. This month,…

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At Risk

One of the most popular things in our office is a large white board.

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I’ll Be Back

In 1984, a little-known actor smashed on the scene, literally and figuratively, as the villain cyborg known as the Terminator in a movie of the same title.

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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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Capital Markets FinCEN scrutiny CRE transactions

“FinCEN has started a rulemaking process that would impose requirements to prevent money laundering on the commercial real estate industry.”

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CRE “By the Numbers”: Internal Rate of Return (IRR)

Investopedia defines IRR as: A financial metric, used to measure the profitability of an investment, that takes into account the time value of money.

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New Construction off to a Shaky Start in 2023

“In the multi-family sector, starts are expected to finish the year [2022] up 16%, but will drop 9% next year.”

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#CCIM, #CCIMGlobal, #CLE, #CRE, 2023, 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, Leased, Mobile Workforce, NAI Global, NAIOP, NAIPVC, Office, Opportunity Zones, Pleasant Valley Corp, Properties Magazine, Property Management, Real Estate Investing, Recent Transactions, Trends
Conflicting Signals: What do Layoffs Mean for the Labor Shortage?

With all of these changes incoming, the question that’s top of mind is: How will this affect the labor shortage we’ve seen since 2021?

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