Happy Friday! In today’s commercial real estate news – we’ll look at common problems with commercial real estate, how investors are chasing obsolete warehouses, whether or not technology will replace brokers and appraisers, and more.
As a former banker, I have seen all kinds of issues from clients during the lending process.
Why Obsolete Warehouses on the ‘Last Mile’ Are Attracting Institutional Investors
Institutional investors are now competing for small, previously obsolete class-B, -C and -D industrial buildings in urban locations.
The real estate industry is covering its eyes and ears, humming loudly and pretending it is not listening…
CRE investment sales are still running about 10% above the historical sales volume average.