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    Northspyre Blog

    Real Estate Development

    Office Space Trends: Key 2024 Trends for Developers

    The outlook for commercial office real estate as an asset class will be mixed in 2024. Overall, demand for office space is in a continued decline, with the majority of employers in urban areas continuing to downsize and vacancies keeping rents low. However, many workers have returned to office in some capacity, and demand for high-end, newer construction remains resilient. You can also expect to see more conversions and upselling of Class B and Class C properties, as well as new difficulties...

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    October 3, 2023
    Real Estate Development

    Office Space Trends: Key 2024 Trends for Developers

    The outlook for commercial office real estate as an asset class will be mixed in 2024. Overall, demand for office space... Continue Reading
    September 28, 2023
    Real Estate Development

    The Three Trends Curbing CRE Ground Up Construction Starts

    Gaining an accurate snapshot of the current state of ground-up construction isn’t easy in today’s market. If developers... Continue Reading
    September 26, 2023
    Real Estate Development

    The Real Estate Developer’s Guide to Yield on Cost

    Yield on Cost (YOC) is a financial metric you can use to evaluate the performance and profitability of a real estate... Continue Reading
    September 21, 2023
    Real Estate Development

    Remote Work Has Transformed the Definition of Class A Office Space

    It’s no secret that the pandemic rocked the office sector. No commercial real estate asset class has been impacted more... Continue Reading
    September 19, 2023
    Real Estate Development

    Seizing the Moment: Developers' Opportunity in Affordable Housing

    Housing shortages have sent mortgage rates and rents soaring across the United States, and in 2022, the median ... Continue Reading
    September 14, 2023
    Real Estate Development

    Real Estate Investment Strategies for Every Commercial Property Rating

    In today’s world, we’ve made it a habit to grade nearly everything. A young child’s arithmetic abilities, the strength... Continue Reading
    September 12, 2023
    Real Estate Development

    The State of Ground-Up Developments Heading into 2024

    Ground-up development, or projects built on raw land or by demolishing an existing structure to build on a scraped lot,... Continue Reading
    September 7, 2023
    Real Estate Development

    Class-B Multifamily Has the Potential to Outperform Top-Tier Properties

    Multifamily has always been known as the darling of the commercial real estate market. The asset class has everything... Continue Reading
    September 5, 2023
    Real Estate Development

    Top Multifamily Development Trends to Prepare for in 2024

    Multifamily housing development has an unclear future as an asset class, with strong fundamentals complicated by a... Continue Reading

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