As the real estate industry keeps a watchful eye on inflationary pressures, experts have identified these top three markets that can counter the expected uncertainty that multifamily development faces in 2023. What makes these markets particularly resilient is a confluence of key factors that lenders, builders, and economists have identified – including the potential for […]

While many viewed 2022 as a year of recovery, it seems that the key driver heading into 2023 is uncertainty. That’s the resounding answer when we asked our clients and partners what’s ahead for commercial real estate in 2023. We surveyed our clients and partners about what’s ahead for commercial real estate in 2023. When […]

As questions persist as to what will become of the plethora of underutilized or obsolete commercial real estate assets, it always seems to come back to the same answer: adaptive reuse. Repurposing and repositioning properties for updated market needs is proving to be a core focus for industry insiders moving forward post-pandemic. While the opportunities […]

Knowing your way around an unstable financial and real estate market will pave the way for future CRE successes. Veterans in the commercial real estate industry will agree on one thing: change is inevitable. They learned from past experience not to get too comfortable with a given market environment, because, as the expression goes, life […]

New York City Mayor Eric Adams recently announced his vision to streamline the process for business expansion and adaptive reuse of empty office buildings to affordable housing. This is a good first step. The real challenge, however, is not so much the zoning regulations, but more so the time and expense required to develop these […]

Many industries are facing the reality that business will not be as usual post-pandemic. In hindsight, the pandemic seems to have created short-term unrest in the commercial real estate industry from the standpoint that low interest rates and easy access to capital has kept properties in many asset classes afloat. Looking ahead, however, rising interest […]

Adaptive reuse is not a new concept in commercial real estate. However, the convergence of the COVID-19 pandemic, technological advancements, and calls to embrace environmental, social and governance (ESG) standards has helped accelerate this concept. With rising industrial and housing demand leading the way, the “everything old is new again” mindset has helped to repurpose […]

Mention “mall,” “hotel,” or “land” to many commercial real estate lenders and it will likely be a short conversation – for good reason. Retail properties have been suffering for years due to the rapid growth of e-commerce. Hotel cash flows can be erratic, particularly when a pandemic comes along, and halts worldwide travel. Land values […]

There’s been a lot of reports lately that major cities like New York, San Francisco, Chicago and Los Angeles are losing thousands of people to the “glorious” states of Florida, Texas, and Nevada, to name a few. The suggestion is that the old Gateway Cities are done for, given their high taxes, cost of living, […]

For Women’s History Month, we asked the ACRES team to share which women inspired them and had an impact on their lives. For Chief Marketing Officer Lynne Viccaro O’Leary, that person is American scientist and autism activist Dr. Temple Grandin. “Dr. Grandin is not only renowned for her groundbreaking work for the humane treatment of […]