Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
Rising interest rates are stifling the construction frenzy of warehouses that have long fueled America’s booming e-commerce appetite. Industrial property construction plummeted by 48% in the first nine months of 2023 compared to the same period in 2022.
The Urban Land Institute recently engaged in discussions with diverse commercial real estate experts, delving into their insights on the immediate outlook for development, challenges faced, and opportunities in securing financing within the current economic climate.
A recent analysis by Moody Analytics delves into the dynamics of population growth within flood-prone areas over the past few decades. Several high-income countries already harbor a significant proportion of developments in flood-prone areas despite a comparatively lower growth rate in flood zone settlement over the last 30 years.
CBC explores the world's most expensive real estate development locations and new constructions.
2021's construction industry sees a slowdown but brighter prospects ahead.
Construction of nonresidential building projects accelerated in October in the United States, according to a new report by Dodge Construction Network. The Dodge Momentum Index increased 10% in October to 181.2 from the revised September reading of 164.6.
The significant spike in build-for-rent demand has made the single-family residential rental product the fastest-growing trend in homebuilding today. According to the Pew Research Center, more U.S. households are occupied by renters than at any point since the 1960’s. In fact, a new survey from Apartment List found that 18% of millennials expect to rent forever, up from 11-12% in the prior two years. As explained by the Atlantic Business Journal, one of the main reasons people rent, especially millennials and Generation Z, is because they can’t afford to purchase a home in their desired area. Additionally, most major cities lack affordable multiunit housing solutions due to zoning and density restrictions in popular areas. In this article, we discuss the build-for-rent model, the reasons why BFR has emerged as one of the most popular trends in real estate, and how the COVID-19 pandemic has impacted the BFR space.
In part 1 of our climate change series, we explored how the real estate and construction sectors are making efforts to reduce their negative impact on the environment, and how climate change impacts investor’s business decisions. In part two, we will discuss the short- and long-term implications of climate change on real estate, including adoption of corporate Environmental, Social & Governmental (ESG) initiatives, as well as what markets are the most vulnerable.
Climate change is slowly but surely making its devastating impact all over the world. In two parts, we will explore how the real estate and construction sectors are making efforts to reduce their negative impact on the environment, how climate change impacts investor’s business decisions, the short- and long-term implications of climate change on the real estate sector, including adoption of corporate Environmental, Social & Governmental (ESG) initiatives, as well as what markets are the most vulnerable.
Land sales often reveal an interesting aspect of the U.S. economy. Activity surrounding land transactions can portend where the real estate industry may be headed. In the case of the most recent economic recession that started in February 2020, land sales highlight the shift away from commercial office and retail development, while showcasing a renewed interest in residential development.