The US Economy is not yet in recession, but the commercial real estate (CRE) transaction economy is. We are seeing deal volume down by 50% compared to a very busy back half of 2021. A recent Deloitte survey of commercial real estate CFOs shows mixed outlooks for 2023, with about half expecting lower revenues than in 2022. Among our clients, who represent a broad spectrum of real estate stakeholders, we’re seeing a few common threads: tighter dealmaking practices, and a redirection of resources towards asset management.
In this GlobeSt. article, Joe Derhake discusses how CRE sellers and facility managers should approach the transaction slowdown in 2023.
December 04, 2024
Partner Engineering and Science, Inc. is pleased to announce the appointment of Nik Van Vliet as its newest commercial lending specialist, bringing over 17 years of expertise in commercial lending and specialized SBA financing to the organization.
December 04, 2024
Many national retailers use the NNN sale-leaseback model to expand geographic presence while reducing debt and avoiding the risks of real estate ownership the risk to be successful in a sale-leaseback investment. By engaging a consultant expert in CRE as well as the engineering and construction of commercial buildings, sale-leaseback investors can protect their cash flow and capital while enjoying the hands-off ownership experience.
November 26, 2024
In this Globe St. article, Jason Coray discusses building stability and how to assess the seismic risk and building stability for your commercial real estate (CRE) property or portfolio.
