Millennials are now the largest generation in the workforce. They’re also the generation most open to “gig work.” Gig work was once understood to refer to dog walkers and seasonal jobs, but times have changed. Freelancers, independent contractors, and consultants make up a growing portion of the professional field. With 57 million workers in the [...]

Energy efficiency and environmental sustainability are far from new topics in commercial real estate. Despite this, ongoing development of more eco-friendly building materials, construction practices, designs, maintenance, and operations require investors to pay constant attention to stay up to date. In addition to these developments, consumer attitudes are shifting with the knowledge that environmental sustainability [...]

The residential real estate sector can’t seem to keep houses on the market. In fact, homes are selling faster now than during the height of the housing bubble. The tightening supply has mostly been in mid- and low-priced homes, forcing would-be new homeowners to rent—or live with parents—longer than they normally would. Exacerbating the problem [...]

Multifamily housing investors have their eyes on Albany, New York this month as dramatic rent reforms were signed into law. With the localized legislation open for adoption by other New York localities, the implications for the commercial real estate industry as a whole could really shake things up. So much so, that New York state [...]

Ihe commercial real estate cycle is predictable in some ways, but not in others; The Recession certainly taught us that; and the lesson still resonates in the sector today. While we know that every cycle comes to an end to begin again, the trick is in determining when the end will come and what it [...]

Last month, the National Association of Realtors® (NAR) partnered with Commercial Real Estate Exchange, Inc. (CREXi). CREXi is a business-accelerating community, marketplace, and technology company supporting brokers, buyers, agents, and tenants. This is a major advancement for the commercial real estate industry. CREXi uses artificial intelligence (AI) to aggregate real estate data from multiple sources, [...]

It wasn’t long ago that commercial real estate (CRE) was an unquestionably male-dominated field. While men continue to hold the lion’s share of leadership positions in CRE today, the scales are noticeably beginning to budge. Slowly but surely, women are entering the industry and bringing change with them. Changing Trends Today, more women fill senior [...]

The Great Recession marked a clear and difficult end to what had appeared to be an exciting real estate cycle. Ten years later, the commercial real estate (CRE) industry has yet to experience any comparable drop in growth—an impressively long cycle, historically speaking. Many CRE lenders and investors think of the market cycle in [...]

As with any valuable venture, keeping up with developments and changes in the commercial real estate industry is essential to staying ahead of the curve. Our world is increasingly automated, speedy, and information-based. Being knowledgeable and up-to-date on which technologies have the largest potential impact as CRE evolves is critical to keeping ahead of the [...]