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Commercial Market Insight Report-July 2023

July 2023 Commercial Real Estate Market Insights Report National Association of REALTORS® Research Group   Summary Leasing velocity slowed down in commercial real estate during the year’s second quarter. While there is still much uncertainty about the total impact of the bank failures earlier in the year, there are rising concerns and speculation about wh...

Commercial Real Estate Design Trends

Wellness, adaptable space and innovation are at the top of the list of one architecture firm’s predictions for popular commercial features in the new year. The looks of offices and buildings are changing in a post-pandemic world. Wellness has become a buzzword in the commercial space as more companies plan to prioritize amenities geared toward health and convenience in the workplac...

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How to Determine Your Commercial Property Value

August 25, 2022 Reading Time: 5 minutes Determining the value of commercial real estate (CRE) diverges from assessing residential properties, prompting varied comparison. An effective evaluation involves scrutinizing elements like location, prevailing market trends, property dimensions, condition, rental income, and juxtaposing sales within the vicinity for a precise estimation....

What is Owner Financing for Commercial Property?

September 28, 2022 Reading Time: 5 minutes While the traditional methods of purchasing a commercial property involve all-cash transactions or financing through conventional or hard money loans, commercial real estate often sees a higher prevalence of seller financing. Shanti Ryle, the Content Marketing Manager at Crexi, elaborates on this trend in the article below, shedding lig...

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Commercial Real Estate Market Overview

Just like residential real estate had a tough time last year, commercial real estate (CRE) faced challenges too in 2023. Some even say it was the toughest year ever. Here's the big picture The entire CRE industry is going through a tough phase, still feeling the impacts of the pandemic. According to experts, a lot of office spaces are empty – a record 30-year high with an 18% va...

Choosing Between Residential and Commercial Real Estate!

Buying a residential property or a commercial property involves different considerations, as they serve distinct purposes and have unique characteristics. Here are some major differences between the two: Intended Use Residential Property: Primarily used for living purposes. It includes single-family homes, multi-family homes (usually up to 4 units), condominiums, townhouses, etc. C...

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Unveiling the Essence of Value Addition in Commercial Real Estate

In the realm of commercial real estate, the concept of value addition (Value Add or Value Added) stands as a cornerstone for investors, developers, and stakeholders alike. It encapsulates a strategic approach that goes beyond mere property ownership or development. Instead, it focuses on actively enhancing the value of a property through various means. Whether it's optimizing space utilizat...