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How to Use Real Estate Project Management Tools to Reduce Admin Tasks and Cut Costs
Project managers are responsible for overseeing many components of a complex real estate development project, ensuring capital is strategically deployed, creating and executing timelines, and navigating the regulatory and zoning process. As a result, project managers are often overburdened with administrative tasks, from managing documentation such as permits, contracts, change orders, or zoning requirements, to…
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Everything You Need to Know About Adaptable Design For Offices
The ongoing popularity of hybrid and remote work in the post-pandemic era continues to impact office buildings across the United States. Since the majority of Class B and Class C office space remains vacant, owners are looking for creative solutions, such as shorter lease terms for customers, tenant improvement allowances, or undergoing a dramatic conversion…
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Why Sunbelt Markets Will Continue to Boom in 2024
Over the last decade, the Sunbelt emerged as a major site of growth in the commercial real estate market. Due to robust population growth, CRE industry experts are expecting the region, which stretches across eighteen states in the southeast and west including Florida, Texas, Arizona, and George, to continue to boom in 2024 and beyond.…
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Will the “Envy Office” Help Revive the Office Building Market?
Since the COVID-19 pandemic ushered in the era of remote work, companies and businesses have been looking for unique ways to draw workers back to the office. The “envy office” – or office buildings with aesthetically pleasing and Instagrammable lobbies, conference rooms, or shared spaces – are the latest attempt to get remote workers returning…
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CRE Developers’ Guide to Transit-Oriented Community Incentives
Efforts to boost housing production and encourage sustainable communities often include transit-oriented development initiatives and incentives. Transit-oriented development (TOD) is a trend toward integrated urban spaces that allow for people, buildings, and public space to coexist, with easy cycling or walking access and transit service to job-rich city areas. In order to spur housing production…
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Top 10 Predictions for Commercial Real Estate in 2024
The past couple of years have brought about unprecedented conditions in commercial real estate, and it may feel difficult to predict what’s coming next in the market. Economic conditions may be less certain than ever before, but tracking trends and opportunities is still a valuable practice for your firm moving into 2024 and beyond. As…
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Everything Developers Need to Know About the Future of Shared Workspace
Despite the public struggles and subsequent bankruptcy of WeWork, the future of shared workspace has continued to evolve. WeWork, which once represented the vision of co-working offices that bring together freelancers, remote workers, and small office communities, has faced challenges from both internal disorganization and the rise of remote work amid the COVID-19 pandemic. However,…
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Why You Should Pay Attention to the Accessory Dwelling Unit (ADU) Debate
Housing shortages in the United States are driving an increased interest in accessory dwelling units (ADUs) among cities, counties, and homeowners. ADUs, which have strong appeal as a housing option for young people, couples, small families, or seniors, are self-contained apartments, cottages, or other small residential units located on the same property as a separate…
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Green Initiatives Shaping the Future of Mixed-Use Construction
Mixed-use development projects are a cornerstone of sustainable urban planning, providing high-density housing near transportation and promoting walkable communities. Green initiatives are continuing to shape the future of mixed-use construction, and your development team will want to stay out front of these trends. From Leadership in Energy and Environmental Design (LEED) certification to adaptive…