Commercial Real Estate Forecast The commercial real estate market is currently in a relatively stable state, given the effects of 2020 on key sectors. Despite a brutal drop in tourism in Western North Carolina and related blows to small businesses dependent on those tourist-fueled door swings, annual gross rents dropped by only 1.3%. According to… Read more »

One of the strongest features of our economy is the retail industry. However, in a year wrought with health and economic crises, retail companies large and small struggled to redirect their sales models and stay afloat. Today, we’re taking a look at the different sectors of the retail industry and which retail companies were the… Read more »

Maybe you follow commercial real estate news as closely as we do. Or maybe you’ve just been reading the writing on the walls of your local shopping mall. According to Forbes, “In 2019, store closings reached historic highs, with some 9,200 major retailer stores shuttered, following 5,437 closed in 2018.”  And that was before the… Read more »

Commercial Real Estate Forecast The commercial real estate market is diligently trying to recover. All eyes are on the pending stimulus package to provide renewed relief to consumers, tenants, and struggling real estate sectors. Many small businesses, restaurants, and local tenants are reaching the tipping point, as the fourth quarter currently marks the end of… Read more »

Office environments have been trending toward a wellness focus for some time now. From Google’s Subsidized Massage Program to Apple Park’s 100,000-square-foot fitness center, big companies have put health and wellness at the forefront. Now, in the wake of COVID-19, businesses of all sizes are prioritizing wellbeing and safety. Except now, they’re taking a much… Read more »

Gone are the days of internet cafes, where burgeoning screenwriters would sit for hours deliberating over their craft. While the tradition of typing lazily over a mocha latte on a Tuesday afternoon has endured for many at local coffee shops, this year, those days seem doomed to the past, as well. Instead, serious microenterprise owners… Read more »

The only thing worse than a running toilet is a running toilet, a broken refrigerator, and damaged gutters—all at different homes you’re responsible for.  Owning multiple investment properties was supposed to be your ticket to easy money and the easy life. After all, isn’t earning passive income supposed to be a passive process? But, unfortunately,… Read more »

Investing in real estate is a time-proven method for diversifying your portfolio and creating multi-generation wealth. If you own a vacation home or short-term rental, you may be well on your way! But there are other real estate investments that can help you generate income more quickly and earn a higher rate of return. Today,… Read more »

How is the Commercial Real Estate Market? Predictions for the commercial real estate industry in the second quarter of 2020 were far from optimistic as the full economic impact of COVID-19 rolled through the market. With lockdown orders in place, the industry stalled abruptly and professional efforts turned to assisting landlords and tenants navigate the… Read more »

On May 30, 2020, North Carolina Gov. Roy Cooper issued Executive Order 142 to assist residents who have been financially impacted by COVID-19. In response, North Carolina Supreme Court Chief Justice Cheri Beasley issued an order that extends the statewide stay on all eviction hearings through June 21, 2020.  Here are the key points each… Read more »