3 Ways Brokers Can Protect Their Data

January 28, 2021January 28, 2021 Amy Karnescommercial real estate, data, digital, encrypted, safe data, security, sensitive data

It’s 2021 and nothing is more valuable than data. In today’s world of business, data is gold. For commercial real estate, data has been playing an imperative role in shaping successful strategies. From small boutique brokerages to global firms, being data-driven is a must to keep pace with the industry’s contemporary movements. When it comes to data, the most important thing is knowing how to properly leverage the information. Having data is necessary, but the value of data depends on how it’s used. As businesses strive to better flex their…

Commercial Real Estate 101

Space: the Not-So-New Amenity Everyone Wants

December 10, 2020December 10, 2020 Amy Karnescommercial real estate, CRE, hot item, multi-family, office, real estate development, space, space considerations

Commercial real estate trends are always adapting. The best-selling features of today aren’t always the same ones we’ll see tomorrow. In this business, keeping up with the latest requires due diligence into the market’s hottest items. The ebbs and flows of tenant demands make it imperative for CRE pros to stay abreast of what’s selling and what’s not. Right now, a new trend is emerging on the radar of real estate development. No, it’s not a new technology or lifestyle toy – it’s space. Space has always been a popular…

Commercial Real Estate 101

These Rapidly-Expanding Industrial Tenants Should be on Your Radar

November 17, 2020November 17, 2020 Amy Karnesamazon, commercial real estate, home improvement, industrial, properties, tenants, third-party logistics, Warehouse

Commercial real estate’s industrial sector is constantly moving and shaking – and right now, there is too much activity in the warehousing scene to ignore. Namely, there are a few big players in the industry that deserve your attention. The warehousing arena is seeing massive expansion – but, these acquisitions aren’t generated from a myriad of players. Instead, it’s just a few rapidly-expanding tenants who’ve all got their eyes on the prize. While they continue to absorb industrial space, make sure you know whos-who in today’s warehousing landscape. These are…

Commercial Real Estate 101

Things to Watch in the Medical Office Space

October 22, 2020November 17, 2020 Amy Karnesbuildings, commercial real estate, medical, medical office space, office, property management

At the introduction of the pandemic, there was much talk circulating the industry regarding the medical space. This was a natural response to a health-centric global crisis, and as all eyes fell on CRE’s medical sector, it was still a time of great uncertainty. During the early months of COVID when nobody knew how intense the stakes may get or how long it all would last, medical office tenants were planning to expand their ground presence while simultaneously flexing their digital capacities. But, it’s been months, and the conversation has…

Commercial Real Estate 101

3 Reasons 2020 is Great for Multifamily Investing

September 29, 2020November 18, 2020 Amy Karnesapartment, commercial real estate, investment, live work play, multi-family, new buildings, real estate investment, real estate sector

At a time when many of CRE’s sectors are taking hits from all sides, 2020 is going to be a strong year for investment in multifamily. We’re already approaching Fall, and despite all the external turbulence, multifamily investment has been standing its ground – and doing considerably well. We’ve seen a pandemic, a nationwide market closure, and a global disruption to business – and even so, the multifamily outlook has remained strong. Multifamily investing provides a strong and stable outlook this year and beyond. Here’s why 2020 is a offers…

Commercial Real Estate 101

5 Things to Know About Opportunity Zones Right Now

September 17, 2020September 17, 2020 Amy Karnescommercial real estate, development, distressed community, opportunity zone, property, tax deferment0 comment

The coronavirus pandemic has undoubtedly shaken up every market in the country. While all eyes are on Class A cities to see how the very best in the game are faring during these times, other locations aren’t getting much consideration. In the middle of all of this market-madness, how are opportunity zones doing right now? Opportunity Zones 101 Opportunity zones are officially defined as “economically-distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment.” This system was introduced with the 2018 Tax Cuts and Jobs…

Commercial Real Estate 101

4 Unique Ways Small Businesses Have Pivoted

August 18, 2020November 18, 2020 Amy Karnesat-home delivery, cafes, coffee shops, commercial real estate, dining, farmers markets, pivot, property, retail, shopping, small business

Small businesses have put up quite a fight over these past few months. While the pandemic acted as a major disruptor for every industry, small and local businesses took an especially hard hit. The pandemic threatened all things ‘business as usual’, making it imperative for small businesses to rethink their operational strategies from top to bottom. In the midst of these ‘new normals’ for small businesses, the industry has seen some truly ingenious survival tactics take form. Here are some of the most unique ways that we’ve seen businesses stay…

Commercial Real Estate 101

What Does Office Lease Renewal Look Like Right Now?

July 9, 2020July 9, 2020 Amy Karnescommercial real estate, lease, lease options, lease renewals, office, office space, real estate transactions, telework, tenants, work from home

As WFH continues to dominate today’s business scene, offices are facing many unprecedented challenges. Teams are teleworking, the office space is snoozing, and even after two months, there’s no official word yet on when things will be back to ‘normal’. With uncertainty on the radar and no clear end to COVID-19 in sight, office lease renewals will definitely pose a challenge for many landlords and property owners. Let’s take a deeper look at the details to gauge exactly what the industry is dealing with: Tenant Troubles A real estate field…

Commercial Real Estate 101

How is Supply Chain Disruption Impacting Industrial CRE?

June 9, 2020June 9, 2020 Amy Karnescommercial real estate, covid-19, CRE, demand, e-commerce, industrial, supply, supply chain, technology, Warehouse

What hasn’t COVID disrupted? At this point, the shocking headlines exploring the ways the coronavirus is impacting the world has become the ‘new normal.’ It’s clear that the virus has made waves everywhere, but the one thing everyone is keeping an eye on is the industrial sector. The warehousing business has been actualizing all of e-commerce’s promises, adapting to every new trend, and being increasingly flexible along the way. But, the already busy world of industrial kicked up yet again when COVID-19 cropped up. The virus immediately caused discrepancies in…

Commercial Real Estate 101

Looking to Invest? Terminology 101

May 19, 2020June 1, 2020 Amy Karnescap rate, columbus, commercial real estate, CRE, lease, net lease, sale, tenant improvements, terminology

Are you new to Commercial Real Estate, or have you never known what any of the following terms mean? Here we give you a quick breakdown of common terminology found in the world of CRE (commercial real estate): Build Out: The construction or improvements of the interior space, including flooring, walls, finished plumbing, electrical work, etc. Capitalization Rate (Cap Rate): The value given to the property when the Net Operating Income (NOI) is divided by the current market value or sales price. A cap rate can be used as a…