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 »
Bouncing Back, Albeit Unevenly: NAI Beverly-Hanks Q3 2021 Commercial Market Report
Commercial Real Estate Insights The economy is improving, as are some sectors of commercial real estate. Although we are seeing improvements, it remains uneven across property types and geographic markets. The multifamily, industrial, and retail property markets are coming back strongly. The recovery has not been as robust in the office and hotel property markets,… Read more »
5 Types of Office Layouts that Will Make Your Team More Productive
They say there are no secrets to success. But if you ask us, there are plenty of measures you can take to give your business as much leverage as possible. And the first place to direct your attention is the work environment: your office. By now, you should have determined how much space your business… Read more »