The commercial real estate industry is constantly changing and before you know it the knowledge you have of the market can be completely outdated and unhelpful when it comes to making educated business decisions. To help keep you up-to-date with the latest trends in commercial real estate we’ve looked to our friends at GlobeSt.com for their insight on the current trends in this ever changing industry.
If you’re anything like us, you’re constantly on the road on to the next location, whether you’re showing a new property to a client or meeting up with potential clients, a good chunk of your day requires hours of driving.
Our world is completely in awe over new and interactive technologies. Making it even easier than before to find innovative and interesting ways to incorporate them into everyday life. What was once a unfathomable experience, 3D has just begun to revolutionized the real estate world.
The world of CRE is one that is always evolving and that means we all need to be paying closer attention. Especially to the new up and coming techniques, tools, and trends that make their way into this world. One of which is 3D-printing, what was once a cool and fun trend for duplicating small objects, figurines, and toy like creations, has evolved into much more.
In Tuesday’s commercial real estate news – we’ll give you a look at the 2 stocks that you should keep an eye on, the 15 current booming real estate markets, the latest trends in tech and design, and so much more.
Multifamily housing will never be the same and that’s not a bad thing. Trends come and go but developers and investors should be aware of them in order to continue to attract tenants, especially this younger generation of renters who desire more from their living situation.
Fannie Mae’s Multifamily Green Financing is allowing developers and investors the opportunity to “enhance the financial performance, environmental sustainability, and quality of the country’s multifamily housing stock.” The latest trend in environmentally friendly and conscious living amongst a younger generation of consumers has brought forth the same trend in the commercial real estate world and financial institutions like Fannie Mae are acknowledging the trend and its benefits.
Spanish company Neolith has done the imaginable, the hard-surface company has entered the air-purifying building materials market. Launching a collection of building materials made from 100% raw materials, including: granite minerals, silica, and natural oxides. Proving that commercial real estate developers have green and eco-friendly material options when it comes to making efforts to implement greener and environmentally cautious materials into their developments.
“All Businesses need to be young forever…”
Amazon’s own CEO, Jeff Bezos said it himself, in order to appeal to the younger generation of shoppers and cliental, businesses have to stay forever young, and frankly he’s not wrong.
Youtube is home to millions if not billions of videos on a number of topics, making it easy for anyone to access a world of how-to entertainment at the click of a button. Youtube is just one resource among many for commercial brokers and investors to use when trying to learn the basics and even the most complex aspects of CRE.
What many new commercial brokers don’t know about commercial real estate is that there is actually a great deal of number crunching involved with a commercial real estate transaction. If math isn’t your strongest suit, then you might be hesitant to try to do any or all calculations yourself.
There are a number of new and innovative technologies that are hitting the multi-family property market. These new and improved gadgets are changing the way multi-family residents live their everyday lives; not necessarily by creating brand new technologies but taking old systems and applying a completely new spin on them. Allowing multi-family properties and its residents the ability to adapt their living arrangements to this new and evolving world that is technology.
If you assumed one website would solve your “marketing” as a commercial broker… think again. Your web presence includes website, social media, email newsletters, blogs, micro-sites, and a dozen other elements. When someone searches for “commercial broker” or “local broker” or “how to buy a commercial property”, you want your name to show up. Your … Read more
KPIs or Key Performance Indicators are an effective way for commercial real estate investors to monitor their speed, accuracy, and adaptability when it comes to navigating through day-to-day tasks. Many CRE investors monitor the KPIs of their business by implementing different CRE technologies. These three metrics; speed, accuracy, and adaptability will ultimately help investors succeed in helping their own organizations make better and faster investment decisions.
The new year brought with it the lowest level of unemployment seen in nearly 17 years. Over 200,000 new jobs were added to the market leaving unemployment at an unchanged rate of 4.1%, adding the largest gain in wages since the end of the Great Recession.
KTGY’s Apartment of the Future Continued – PT. 2:
WORK Becomes “CREATE”
KTGY’s working spaces become “create” spaces, inspired from the co-working trend that is popular among young professionals today. Co-working spaces from companies like WeWork, Cover, and NeueHouse not only create an engaging and unique working environment, but they also host a number of work related events like; book talks, lectures, workshops, and more. KTGY plans on creating a space that takes this co-working concept and incorporates a campus-style vibe that helps reinforces collaboration and engagement among its residents.
Enhancing the ways in which tenants experience everyday life; from eating, sleeping, working, and playing, KTGY Architecture + Planning Tysons has been able to revolutionize apartment living for future tenants. Designing “The Apartment of the Future,” KTGY has been able to tap into the basic human needs of residents and create a living and working space that is more than just functional or expected.
Commercial real estate is no longer about a simple and functional building. Tenants demand more in terms of aesthetic, functionality and recently, technology. Tenants want a work and living environment that embraces the forms of technology that create unique and inspiring experiences each time they encounter them.
We are constantly surrounded by information and data, but not many of us, especially in the commercial real estate industry know how to make use of all the data out there. Especially because there is a ton of data that we’re failing to collect right within our own properties.
It’s no news that technology is completely changing the way live our lives on a day to day basis, but what not many have come to realize is how technology has come to completely change the way we live and function in our own homes.
If you haven’t had your try at VR or AR also known as Virtual Reality and Augmented Reality, then stop what you’re doing right now and give it a go!