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Adapting to Weather Changes With Climate Resilient Infrastructure
Extreme weather is increasing in frequency and severity as the impact of climate change becomes more apparent. Natural disasters and severe weather events will have an economic impact across industries, and commercial real estate development is no exception. Looking toward the future, your firm should prioritize climate resiliency, whether that means disaster-proofing existing properties or…
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Benefits of Enterprise Zones and Opportunity Zones for Real Estate Development
Enterprise zones and opportunity zones are essential concepts for your development team to understand as you look for up-and-coming markets to break ground in. Federal and local governments designate geographic regions, often impacted by economic distress or blight, and offer businesses, developers, and investors tax breaks, regulatory exemptions, and other financial incentives to build there.…
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The Developer’s Guide to C PACE Financing
High interest rates and economic uncertainty are making it more difficult for your team to secure capital and get complex projects off the ground. Firms like yours are turning to alternative financing sources to round out their capital stack, from government programs such as Low-Income Housing Tax Credits (LIHTC) or Transit-Oriented Community Incentives to green…
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Top Trends in Sustainable Construction for Multifamily Housing
Developers are increasingly turning to sustainable construction practices as government regulations around carbon emissions become stricter, demand for eco-friendly features increases among consumers, and technological innovation reduces the cost of materials. Initiatives such as Environmental, Social, and Governance (ESG) goals, as well as LEED certification and Energy Star ratings, are also incentivizing sustainable building practices.…
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How the Rise in Office Loan Defaults Will Impact CRE Development
Defaults on loan payments for unused office buildings are on the rise, as owners of Class B and Class C properties face dual headwinds from the ongoing prevalence of remote work and the high-interest rate environment. The commercial real estate firm Cushman & Wakefield estimates about 20% of office space is vacant at present,…
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The Rise of Live-Work-Play Communities: Redefining Urban Living
Live-Work-Play communities are on the rise in major markets across the United States, drawing in young professionals and families with affordable and community-driven living options. The asset class – a form of mixed-use development combining residential, office, retail, and leisure space – is considered the future of urban living. Developers will find unique opportunities in…
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The Evolution of Commercial Real Estate Development
Real estate developers have played a key role in shaping the landscape and character of urban environments over the last 100 years. From the earliest iterations of the contemporary real estate market to the revolutionary changes that have come to the industry over the last several decades, developers are constantly adapting to meet a shifting…
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What Developers Should Know About Live Work Play Communities
The benefits and challenges of incorporating these communities into your portfolio.
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Understanding the Pros and Cons of Office-to-Residential Conversion
The COVID-19 pandemic and the ongoing popularity of remote work has put office building owners in a difficult position. While certain assets have proved resilient – such as Class A office space rich in amenities – Class B and Class C office buildings remain in decline. As a result, many developers are looking for ways…