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Is your Detroit neighborhood primed for a rebound?

June 20, 2018 |

A little-known database is trying to predict which blocks of Detroit are likely to rebound.

Known as “Turning the Corner,” the interactive map provides a street-level glimpse into changes unfolding on 9,444 city blocks and identifies which neighborhoods are most … Read More

Construction Firms Are Building More Effective Recruitment Programs To Better Address Labor Shortage

June 19, 2018 |

Construction firms are rebuilding their recruitment and retention programs not only for more construction management workers, but also craft tradespeople. From looking into new demographics to offering leadership programs, construction companies are more aggressively trying to fill in the gaps … Read More

How much are government regulations costing multifamily developers? Hint: A lot

June 19, 2018 |

Despite the Trump administration’s ongoing regulatory rollback, government regulations still make up more than 30% of the cost of multifamily building, according to a newly released study from the National Association of Home Builders and the National Multifamily Housing Council.

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Commercial landlords could face big tax hike

June 19, 2018 |

Commercial real estate owners in Florida could collectively face a tax increase of several hundred million dollars unless a cap on non-homesteaded property is extended beginning next year.

Initially enacted in 2008 as part of a law that allowed for … Read More

FRIEDMAN’S STEVEN SILVERMAN SECURES 10-YEAR LEASE FOR PIZZA HUT IN WATERFORD, MI

June 15, 2018 |

Farmington Hills, Michigan (June 15, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently secured a 10-year lease for Pizza Hut, located at 4797 Highland Road, in Waterford, Michigan.

Steven Silverman, Associate, … Read More

After 2.5 Years Lagging The U.S., Houston Multifamily Rent Growth Is Back

June 14, 2018 |

The bottom fell out of rent growth in Houston apartments in May 2015. For years leading up to that point, the Bayou City had been surpassing the national average in apartment rents. But starting with the oil bust of 2014, … Read More

Yardi Matrix report details industrial sector’s strength

June 14, 2018 |

A new market analysis compiled by Yardi® Matrix reports that the industrial sector of the U.S. economy is performing solidly. Warehouse and distribution assets posted double-digit total returns, record low vacancy rates and all-time high rents in 2017 and are … Read More

Mall Owners Today Are Stuck With Hard-To-Unload Properties

June 13, 2018 |

As mall owners pour money into top-tier malls to add experiential elements and other features unavailable online, the owners of a large number of lesser-quality malls are pushing to offload the struggling assets.

Trouble is, buyers are tough to come … Read More