VC Giant Plans $200M Fund To Back Real Estate Tech That Fights Climate Change
The biggest venture capital firm in PropTech is planning a fund to back firms that are creating technology that will help the real estate sector reduce its carbon footprint. Fifth Wall said last week it is looking to raise $200M for its Carbon Impact Fund. It said the built environment is the single-largest contributor to… Read more »
Brooklyn Office 4Q: Rents remain constant as new developments enter the market
In the Brooklyn office market in 4Q 2019, the average asking rent ended the fourth quarter at $52.33/SF, down 0.9% from the prior quarter but still 0.7% higher from this time last year, according to a report on the Brooklyn Office Market (4Q) from Newmark Knight Frank. The availability rate rose 30 basis points to… Read more »
Forget The Last Mile: New Jersey Is Building Big To Meet Industrial Demand
New Jersey continues to see a growing number of new industrial buildings to meet increasing demand. Distribution centers in Northern and Central New Jersey continue to be snapped up almost as soon as they are made available, no matter the size. Industrial rents in the region rose slightly from the second to third quarter, continuing… Read more »
Commercial Market Much Stronger Than Headlines Imply
Over the past decade, New York City has experienced a period of strong economic growth driving an increase in jobs, commercial investment, and unprecedented demand to live and work in the five boroughs. As a result of this economic expansion our commercial real estate market continues to thrive and poised for success for the remainder… Read more »
Commercial Real Estate Investing 101: How to Get Started
If you’re looking to get into commercial real estate, FortuneBuilders offers advanced and comprehensive investing education courses and guides that contain virtually everything you need to know to get started. “According to the NCREIF Property Index (NPI), “the top-performing CRE sector right now is industrial.” Comprised of warehouses, manufacturing facilities, refrigeration and storage assets, data… Read more »
Amid Slumping Sales And Tightening Regulation, Medical Assets Could Be NYC’s Real Estate Darling
Technological disruption has reshaped how healthcare is provided, along with where medical facilities are built and designed. Medical procedures and treatment are now increasingly delivered in ambulatory and outpatient centers, as opposed to hospitals, and consumers often want convenient care delivered in a retail-like environment. All these factors are good news for real estate, experts… Read more »
Investors and Stakeholders Still Maintain and Strong Outlook for Long Island City
Long Island City’s commercial real estate market has seen its fair share of challenges. For years it has been flooded with luxury rental units, faced high office vacancy rates, few retailers and the very public tumult of the Amazon HQ2 deal collapse. But investors and stakeholders in the neighborhood still maintain a strong long-term outlook…. Read more »
Moody’s National Office Market – Q3 Trends – NYC Vacancy Declined
According to Moody’s Analytics REIS National Office Market Trends for Q3: The Office vacancy rate was flat in the quarter at 16.8%. In the third quarter of 2018, it was 16.7%. Overall vacancy has declined only 0.3% in the last five years. New York City saw steady net absorption as vacancy declined 0.2% to 7.9%,… Read more »
The 10 Trends That Will Shape Real Estate in 2020
Take a look at 10 trends that are expected to shape real estate in 2020 in a report from the Urban Land Institute. Curbed.
Top Execs Discuss the Current and Future Effects of Technology on CRE
The Commercial Observer’s Partner Insights team recently held a webinar on technology’s impact on commercial real estate. The discussion includes the importance of new broker tools and predictive analytics. Commercial Observer
Age is Just a Number: A Breakdown of the Age of Manhattan’s Submarkets
Here are some stats on the average office building in Manhattan. • Average age: 68 years old. • Approximately 46% were built prior to World War II (aka “pre-war”) • 30% were built after World War II but before 1980 (aka “post-war”) • 14% of the inventory was built between 1980-1999 (aka “post-1980”) • One… Read more »
Deloitte’s 2020 Commercial Real Estate Outlook Suggests a Focus on Location, Experience, and Analytics
Deloitte’s 2020 Commercial Real Estate Outlook surveyed 750 CRE executives—owners/operators, developers, brokers, and investors—in 10 countries during the summer of 2019 to assess how, and to what extent, emerging technologies and analytics are helping leaders make more informed location decisions and create a more memorable tenant experience over the next 18 months. Here’s what we… Read more »
10 Top CRE Players On Recession Timing And Where The Industry Could Feel It First
Worried about a recession? Is this record-long economic expansion reaching a conclusion? BISNOW recently reached out to some of the industry’s biggest players to ask what assets classes could feel most pain in a slowdown, and how they are preparing for what could lie ahead. BISNOW
Four Tips For Buying Commercial Real Estate In New York City
Purchasing real estate is often integral to a company’s business strategy. Interest rates are very low and applications for refinances and purchases are up. Given some of the political uncertainty surrounding the markets, we wanted to share Matthew Holden’s 4 Tips for Buying Commercial Real Estate: 1. Find A Real Estate Attorney 2. Consider Your… Read more »
3 Tech CEOs Transforming The Commercial Real Estate Industry
Technology innovation has changed industries. Look at Uber’s impact on the taxi industry to Amazon’s impact on the retail sector. In some ways, the commercial real estate industry has adopted technology adopter more slowly. Forbes examined three companies that are revolutionizing the commercial real estate industry through technology: TapCap – A digital-driven nationwide multifamily lending… Read more »