Since the pandemic, planning for the future has become incredibly difficult. Whether it’s the one-month outlook or one-year forecast, uncertainty looms over every prediction.

Shopping malls have been at the forefront of commercial real estate conversations for years now.

What Levi’s New Retail Stores Mean for the Sector Retail apocalypse, who? CRE’s retail sector is undoubtedly reinventing itself, but that doesn’t mean brick and mortar retail is going extinct. On the contrary, more and more brands are announcing big plans to open up physical store locations. The latest is Levi’s, who plans to open hundreds of stores by the time 2019 comes to a close. Let’s explore what this means to retail as a whole. Why Turn to Physical…

By Ira Krumholz President, NAI Daus Property Management Division ikrumholz@naidaus.com Momentum was certainly a key word last year. At the top of the list was the great positive momentum associated with Cleveland’s multifamily sector. Much of this was associated with Cleveland’s central business district, which grabbed most of the headlines. During 2015, nearly 500 new units were completed in the downtown area, but despite this additional inventory, occupancy rates continued to hover near 100 percent. There are approximately 275 units…

Written by Ira Krumholz, CPM® President of NAI Daus Property Management Division ikrumholz@naidaus.com Twitter @IraKrumholz 216-455-0905 Determining the value of a real estate asset is never an easy thing but the historic free fall in real estate values a few years ago and subsequent uneven recovery has made this task significantly more difficult. This month, we are going to discuss how a tumultuous market can impact the traditional approaches to determining value – cost approach, sales comparable approach and income capitalization…

Cleveland’s investment market turned in another strong year in 2014. Bolstered by improving real estate fundamentals and increased access to debt, investors were active across most sectors. And although distressed real estate continues to play a role in the overall market, it has significantly diminished when compared to a few years ago. After seeing the investment sales volume bottom out in 2009 at just over $190 million, the market has benefitted from a slow but steady improvement. The investment sales volume for 2014 was $714 million.…

Author: Alec Pacella NAI Daus – Managing Director apacella@naidaus.com Twitter @dausyouknow In 1994, I purchased my first house – hard to believe that was over 20 years ago. And  although it was exciting, the thing that I remember most about that house was a conversation with the lender about the mortgage. I know – I have issues, but those that were around the real estate biz back then may remember how mortgage rates were at “historical lows.” And at 7.75%, my rate was indeed attractive (at…

NAI Daus announced today the promotion of Jill Dzina, ARM ® to Assistant Vice President and Senior Property Manager in the Property Management Division of NAI Daus. “Jill’s impressive track record and dedication makes her a natural choice for this position,” said NAI Daus’ President of Property Management, Ira Krumholz. Our focus on building relationships is fundamental to our business and Jill has consistently demonstrated her ability to connect with clients by understanding their business challenges and providing the right…

CYCLING UP! Several years ago, I had the opportunity to listen to a noted professor and author by the name of Glenn Mueller. In addition to being on the faculty at the University of Denver, he also has written several notable research publications. One of the things that Mueller often talks about is what phase we are in according to the real estate cycle and as we close out 2014 and look forward to 2015, I have no doubt that…

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