By now, everyone in the United States is aware that the cost of single-family homes has skyrocketed in recent months. But what’s getting less press coverage is the alternative still accessible to many millions of Americans: multi-family housing. Apartment buildings, condos, and other types of “missing middle” housing are becoming more attractive to tenants and… Read more »
Category: Commercial
5 Retail Business Formats and How to Choose the Best One for Your Business
Commercial retail locations come in as many shapes, sizes, and forms as the businesses that inhabit them. And choosing the right one is possibly the most important decision a brick and mortar business can make. Your location will directly impact your bottom line, your foot traffic, and your ability to grow. Here are five core… Read more »
Starting Strong: NAI Beverly-Hanks Q1 2022 Commercial Market Report
Commercial Real Estate Forecast A strong economy generally benefits real estate, and 2021 proved just that. With the U.S. economy growing at 5.6% during 2021, annual CRE sales volume crossed $600 billion for the first time ever through November. While optimistic about the economic outlook going forward in 2022, inflation and a rising interest rate… Read more »
3 Important Facts to Know about Slope Ordinances in Asheville
Property development is, at its core, a local endeavor. Each municipality has its own rules and regulations for many aspects of residential and commercial development. In the mountains, one regulation that’s constantly at the forefront of all development conversations is slope ordinances. Today, we’ve prepared a short primer about slope ordinances, including what they are,… Read more »
3 Numbers that Tell You Everything about the Industrial Real Estate Sector
If one were inclined to call real estate “sexy”, they probably wouldn’t be talking about industrial real estate. Storage spaces and manufacturing buildings are rarely highly visible or highly designed. But with the recent boom in online shopping and local manufacturing, investing in industrial real estate has suddenly become a very attractive prospect. Are you… Read more »
20 Standard Commercial Lease Terms Everyone Should Know and Understand
If you’re just getting your startup going, or even if you’ve been in business for a while, learning real estate terminology can be a big hurdle. Pair these terms with anything resembling legalese, and we wouldn’t blame you if your eyes glazed over. However, it’s important to understand the terms and provisions commonly found in… Read more »
Ending the Year Optimistically: NAI Beverly-Hanks Year-End 2021 Commercial Market Report
Commercial Real Estate Forecast As more businesses reopen, and with COVID-19 precautions still in place, industry experts are optimistic about the current state of commercial real estate. According to The Real Estate Roundtable, “The Q4 2021 Real Estate Roundtable Sentiment Index registered a score of 73…a 29-point increase over Q4 2020”. While conditions vary among… Read more »
How to Invest in Industrial Real Estate Like a Pro
Online shopping (e-commerce) and a manufacturing boom have been driving up the demand for industrial properties for several years. But certainly in the last two years the need for product storage and shipping distribution space has exploded! If you’re a savvy commercial real estate investor, you’ve likely been keeping an eye on this trend. But… Read more »
How Many Certifications Do You Need to be a Property Manager in NC?
Stuck in a dead-end job and ready for a fresh start? ‘Tis the season to begin planning for big changes in the year ahead. The Bureau of Labor Statistics projects that employment in property management will grow 8% through 2024. If property management is something you’ve always dreamed of, now could be the time to… Read more »
Shop Small and Make a Big Impact on Small Business Saturday
Have you heard of Small Business Saturday? First celebrated in Massachusetts in 2010, Small Business Saturday quickly took the retail world by storm. The following year, Congress passed a unanimous resolution to support the date. And we don’t have to tell you how unusual that is! Small Business Saturday is now celebrated every year on… Read more »