Multifamily housing, such as apartment buildings or communities, is a hot commodity for many commercial real estate investors. And with more Americans now renting than at any other time in the last 50 years, it’s easy to see why. But here’s a stat that you may not know:
Across the nation, medical office space has continued to shine in the spotlight, with the sector seeing strong investment sales and large hospitals continuing to acquire private practices. What’s more, off-campus satellite patient facilities are growing, making medical office space more attractive than ever.
Today the senior population makes up a large portion of multifamily tenants. Their numbers are expected to continue rising, with the 85+ age group expected to triple over the next 30 years. Even with this exponential growth, more and more seniors are having trouble meeting their monthly rents.
While everyone races to meet ever-intensifying consumer demands, it’s easy to forget who’s actually carrying the load. In this case, it’s industrial real estate. But how long can this cycle persist?
Modular construction holds massive promise for the commercial real estate industry. When used the right way, modular construction models are a great alternative to traditional building methods.
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Drones have come a long way. It’s been a few years since their widespread explosion of popularity and they’re being applied in ways never before anticipated. Drones are much more than just photography and videography - they’re playing a big role in optimizing business industries all around the world. Today’s professionals use drones as a vital resource - including commercial real estate. Here are some of the latest ways in which the commercial sector is using drones.
Technology is revolutionizing the property management business by providing convenient answers to common pain points. Let’s check out these 4 types of technologies and how they’re helping to optimize CRE property management.
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While many factors are instigating workplace developments, the main vehicle of change is the evolving workforce. By 2021, it’s estimated that 50% of the workforce will be comprised of Millennials. By 2030, this will spike up to 75%. Right on their heels is Gen Z, who is also causing major shifts in the industry. What we’re looking at is a completely reimagined working culture. Everything will be adjusted to meet the needs of the new workforce - including the physical spaces. Big developments are coming for commercial office design, and everyone in the industry is eager to know what’s coming next. Let’s explore these 3 changes and how they’re affecting CRE’s physical properties.
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