Toronto Real Estate Board released this Outlook Report 2017. Interesting facts and analysis of what the year ahead will hold. What is impacting housing affordability and beyond.
Westside Future Fund Retail Market Analysis June 2016JBHackk
A report by Bleakly Advisory Group on retail potential for Westside Atlanta as part of the Westside Future Fund's Land-Use Action Plan. Included in the report is an executive summary and definition of the study area, supply and demand conditions, assessment of future retail and locations, and a retail site selection primer.
Toronto Real Estate Board released this Outlook Report 2017. Interesting facts and analysis of what the year ahead will hold. What is impacting housing affordability and beyond.
Westside Future Fund Retail Market Analysis June 2016JBHackk
A report by Bleakly Advisory Group on retail potential for Westside Atlanta as part of the Westside Future Fund's Land-Use Action Plan. Included in the report is an executive summary and definition of the study area, supply and demand conditions, assessment of future retail and locations, and a retail site selection primer.
Westside Future Fund Retail Market Analysis & Recommendations Sept. 2016JBHackk
Final report by Bleakly Advisory Group on retail potential for Westside Atlanta as part of the Westside Future Fund's Land-Use Action Plan. Included in the report is an executive summary and definition of the study area, supply and demand conditions, assessment of future retail and locations, and a retail site selection primer.
Optimism is in the air as we turn to face a new calendar year. As far as residential real estate goes, there is plenty to feel positive about. Buying and selling activity continued through the final months of 2015, and there's little reason to believe that trend will slow down during the first month of 2016. If anything, the past few years have indicated a tendency for listings and sales to increase in January.
U.S. office market trends and outlook (Q1 2016) JLL
Outlooks leading into the new year called for further expansion across U.S. office markets. However, stock market tumbles driven by a weakening China and depleted oil prices shifted sentiment from that of a growth perspective to one of increased caution. Despite this, economic and real estate fundamentals remain primarily landlord-favorable through the remainder of 2016.
Learn more, and see market-by-market comparisons, at http://bit.ly/1qrZZGm
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
An Analysis of Residential Market Potential for Westside AtlantaJBHackk
Report by ZIMMERMAN/VOLK ASSOCIATES, INC. on the potential housing market for the target areas of Boone Corridor/Mims Park, English Avenue, Vine City, Atlanta University Center, Ashview Heights/Washington Park and Castleberry Hill. It outlines what areas are being studied, gives a migration analysis (people moving in and out of the area, as well as other Atlanta's neighborhoods and counties). A 2016 Target Market Classification of Study Area and County Households is included. Using this methodology, the report looks at the annual market potential with a detailed and descriptive demographic breakdown.
The SVN organization shares a selection of their featured weekly listings via their SVN | Live Weekly Property Broadcast. Visit http://www.svn.com/svn-live-weekly-property-broadcast if you would like to attend, as we open the Broadcast up to the entire brokerage community.
Hermosa Beach real estate statistics and analysis for May 2016. Includes homes sales, listings and historical performance on a month to month and year over year basis.
TRREB reported 4,581 home sales in January 2020 – up by 15.4 per cent compared to January 2019 and up by 4.8 per cent compared to December 2019.
“Steady population growth, low unemployment and low borrowing costs continued to underpin substantial competition between buyers in all major market segments,” said TRREB President Michael Collins.
The average selling price in January was up by 12.3 per cent, driven by the detached houses & condominium apartments.
U.S. office market statistics (Q4 2014) and 2015 outlook JLL
Now at its strongest point in the recovery, the economy grew by nearly 3.0 million jobs in 2014, pushing unemployment to its lowest level since the third quarter of 2008. As a result, markets across the country recorded expansionary activity as corporate confidence grew along with demand for office space. Annual net absorption totaled 54.7 million square feet driving vacancy to 15.6 percent—its lowest point since 2008—a trend expected to continue over the next 24 months.
While challenges exist ahead, including historically low labor force participation and the recent fall in oil prices, forecasts for 2015 and 2016 across the U.S. project the highest growth in more than a decade.
Learn more and see market-by-market data at http://bit.ly/1yy1zss
With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.
Q1 2015 U.S. office market statistics, trends and outlookJLL
Though vacancy remained unchanged at 15.6 percent in Q1, as the year continues we expect it to drop below 15 percent for the first time in a decade. Corporate growth is driving expansionary activity, and tenants are thus faced with increasingly challenging market conditions. Currently more than one-third of all markets are favorable to landlords, and that’s expected to increase to three-quarters. With this leverage, landlords will continue driving rents upward, potentially surpassing a 5.0-percent increase by year end.
Learn more and see market-by-market data at http://bit.ly/1Cfucrv
Houston’s retail market remains healthy moving into 2017
Houston’s retail market moves into 2017 with a healthy outlook. Not much changed between quarters with vacancy rates ticking up only 20 basis points. Although Houston lost about 80,000 high income jobs between 2014 and 2016, retail market indicators show no signs of a struggling economy. Approximately 68% of the retail space under construction at the close of Q1 2017 is pre-leased. Despite the 1.5M SF of new inventory delivered in the first quarter, Houston’s average retail vacancy rate remains low at 5.6%.
Westside Future Fund Retail Market Analysis & Recommendations Sept. 2016JBHackk
Final report by Bleakly Advisory Group on retail potential for Westside Atlanta as part of the Westside Future Fund's Land-Use Action Plan. Included in the report is an executive summary and definition of the study area, supply and demand conditions, assessment of future retail and locations, and a retail site selection primer.
Optimism is in the air as we turn to face a new calendar year. As far as residential real estate goes, there is plenty to feel positive about. Buying and selling activity continued through the final months of 2015, and there's little reason to believe that trend will slow down during the first month of 2016. If anything, the past few years have indicated a tendency for listings and sales to increase in January.
U.S. office market trends and outlook (Q1 2016) JLL
Outlooks leading into the new year called for further expansion across U.S. office markets. However, stock market tumbles driven by a weakening China and depleted oil prices shifted sentiment from that of a growth perspective to one of increased caution. Despite this, economic and real estate fundamentals remain primarily landlord-favorable through the remainder of 2016.
Learn more, and see market-by-market comparisons, at http://bit.ly/1qrZZGm
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
An Analysis of Residential Market Potential for Westside AtlantaJBHackk
Report by ZIMMERMAN/VOLK ASSOCIATES, INC. on the potential housing market for the target areas of Boone Corridor/Mims Park, English Avenue, Vine City, Atlanta University Center, Ashview Heights/Washington Park and Castleberry Hill. It outlines what areas are being studied, gives a migration analysis (people moving in and out of the area, as well as other Atlanta's neighborhoods and counties). A 2016 Target Market Classification of Study Area and County Households is included. Using this methodology, the report looks at the annual market potential with a detailed and descriptive demographic breakdown.
The SVN organization shares a selection of their featured weekly listings via their SVN | Live Weekly Property Broadcast. Visit http://www.svn.com/svn-live-weekly-property-broadcast if you would like to attend, as we open the Broadcast up to the entire brokerage community.
Hermosa Beach real estate statistics and analysis for May 2016. Includes homes sales, listings and historical performance on a month to month and year over year basis.
TRREB reported 4,581 home sales in January 2020 – up by 15.4 per cent compared to January 2019 and up by 4.8 per cent compared to December 2019.
“Steady population growth, low unemployment and low borrowing costs continued to underpin substantial competition between buyers in all major market segments,” said TRREB President Michael Collins.
The average selling price in January was up by 12.3 per cent, driven by the detached houses & condominium apartments.
U.S. office market statistics (Q4 2014) and 2015 outlook JLL
Now at its strongest point in the recovery, the economy grew by nearly 3.0 million jobs in 2014, pushing unemployment to its lowest level since the third quarter of 2008. As a result, markets across the country recorded expansionary activity as corporate confidence grew along with demand for office space. Annual net absorption totaled 54.7 million square feet driving vacancy to 15.6 percent—its lowest point since 2008—a trend expected to continue over the next 24 months.
While challenges exist ahead, including historically low labor force participation and the recent fall in oil prices, forecasts for 2015 and 2016 across the U.S. project the highest growth in more than a decade.
Learn more and see market-by-market data at http://bit.ly/1yy1zss
With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.
Q1 2015 U.S. office market statistics, trends and outlookJLL
Though vacancy remained unchanged at 15.6 percent in Q1, as the year continues we expect it to drop below 15 percent for the first time in a decade. Corporate growth is driving expansionary activity, and tenants are thus faced with increasingly challenging market conditions. Currently more than one-third of all markets are favorable to landlords, and that’s expected to increase to three-quarters. With this leverage, landlords will continue driving rents upward, potentially surpassing a 5.0-percent increase by year end.
Learn more and see market-by-market data at http://bit.ly/1Cfucrv
Houston’s retail market remains healthy moving into 2017
Houston’s retail market moves into 2017 with a healthy outlook. Not much changed between quarters with vacancy rates ticking up only 20 basis points. Although Houston lost about 80,000 high income jobs between 2014 and 2016, retail market indicators show no signs of a struggling economy. Approximately 68% of the retail space under construction at the close of Q1 2017 is pre-leased. Despite the 1.5M SF of new inventory delivered in the first quarter, Houston’s average retail vacancy rate remains low at 5.6%.
Mercer Capital's Value Focus: Real Estate Industry | Q1 2016 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Mercer Capital's Value Focus: Real Estate Industry | Q4 2016 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Mercer Capital's Value Focus: Real Estate Industry | Q1 2017 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Commercial Real Estate Outlook provided by the National Association of Realtors reporting on the economy, major commercial real estate sectors including industrial, retail, office and multi-family / apartment sectors
The Land Markets Survey is conducted annually each fall by the REALTORS® Land Institute and the National Association of REALTORS® Research Group as a tool for real estate land professionals in all sectors of the business to use for bench-marking and as an informational resource when conducting business.
The survey is designed to reveal current trends and the current state of land markets across the US. RLI encourages all land real estate agents to participate in the survey to ensure it is as accurate in representing the actual state of the land market each year. For more information about this survey, please visit our website at rliland.com/about-realtors-land-institute/land-markets-survey/
This survey was originally released on January 21, 2020.
Mercer Capital's Value Focus: Real Estate Industry | Q1 2018 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Toronto Real Estate Board's MARKET YEAR IN REVIEW AND OUTLOOK REPORT 2017Shawn Venasse
Affordable home ownership is a growing concern and remains a priority issue for The Toronto Real Estate Board. Housing prices continue to rise across all home types in the GTA as the supply of listings remains constrained.
On January 31, TREB released its annual Market Year in Review & Outlook Report which shines the spotlight on “Connecting to Affordability.” This year’s report breaks down the question of housing affordability, distilling complex information about the GTA housing market, as well as the policies and economic issues that impact the wider Greater Golden Horseshoe region, into digestible language.
The report contains several key sections, all informed by empirical evidence:
* Market Year in Review: The Market in 2016
o Features results of TREB-commissioned Ipsos studies on consumer preferences and foreign buyer activity.
* Market Outlook: Looking to 2017
o Features results of TREB-commissioned Ipsos study on consumer intentions.
* Transit Infrastructure & Housing Affordability
o Features results of a TREB-commissioned study on transit infrastructure’s impact on housing affordability.
* Commercial Report
* Housing Affordability: Understanding Supply
o Features submissions on how the supply side impacts housing affordability from a range of industry and public sector stakeholders.
Whether you’re interested in a quick snapshot of the market or obtaining a greater understanding of some of the policy issues that impact housing affordability, along with possible solutions, this report has it.
Do you have questions about the GTA real estate market? Talk to SHAWN VENASSE* (Sales Representative with The Elli Davis Team at Royal LePage Real Estate Services Ltd., Brokerage). You can reach him at: office - 416-921-1112 or email - shawn@ellidavis.com.
*Not intended to solicit anyone under contract.
Commercial real estate market outlook for 2017 from the National Association of RealtorsⓇ
Economic overview
Commercial Real Estate Investments
Commercial Real Estate Fundamentals
Outlook
The Land Market Survey is a collaboration of the REALTOR® Land Institute (RLI) and the National Association of REALTORS® (NAR) that started in 2014. The objective of this survey is to gather information and insights about land transactions among land real estate professionals that can be used as a resource in conducting land business.
High Real Estate C&I Market presentation feb. 2018William Boben
High Real Estate Group commercial and industrial real estate review of 2017 and forecast for 2018, includes national, regional, and local statistical data with observations from our Lancaster Team.
Mercer Capital's Value Focus: Real Estate Industry | Q3 2016 | Segment Focus:...Mercer Capital
Mercer Capital's Real Estate Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
Similar to Commercial Real Estate Market Trends - 2016 (20)
Protest the value of your commercial property annually. Yes, protest each and each year. Even if the value didn't change, protest the value. The assessor’s values are based on the cost approach, the least reliable method of appraisal. You can protest both excessive value and unequal value annually. Reach us @ https://www.cutmytaxes.com/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
3. February 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
3NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
NATIONAL ASSOCIATION OF REALTORS®
2017 OFFICERS
President
Bill Brown
President-Elect
Elizabeth Mendenhall, ABR, ABRM, CIPS,
CRB, GRI, ePRO, LCI, PMN
First Vice President
John Smaby
Treasurer
Thomas Riley, CCIM, CRB
Immediate Past-President
Tom Salomone
Vice President
Mabél Guzmán, ABR, AHWD, CIPS, CRS
Vice President
Kevin Sears
Chief Executive Officer
Dale Stinton, CAE, CPA, CMA, RCE
4. FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
4NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
CONTENTS
1 | Introduction……………………………………………………………………………………………
2 | Survey Highlights..…………………………………………………………………………………..
3 | Investment Sales ………..…………..………………………………………………………………
4 | Leasing Fundamentals …………………………………………………………………………..
5 | Comments……………………………………………………………………………………………….
5
6
7
9
11
5. 5
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Introduction
The REALTORS® Commercial Real Estate Market
Trends measures quarterly activity in the commercial real
estate markets, as reported in a national survey. The
survey collects data from REALTORS® engaged in
commercial real estate transactions. The survey is
designed to provide an overview of market performance,
sales and leasing transactions, along with information on
current economic challenges and future expectations.
Commercial space is heavily concentrated in
large buildings, but large buildings are a
relatively small number of the overall stock of
commercial buildings. In terms of inventory,
commercial real estate markets are bifurcated,
with the majority of buildings being relatively
small, while the bulk of commercial space is
concentrated in larger buildings.
The bifurcation continues along transaction
volumes as well, with deals at the higher end—
$2.5 million and above—comprising a large
share of investment sales, while transactions at
the lower end make up a smaller piece of the
pie.
Data are readily available for transactions in
excess of $2.5 million from several sources,
including Real Capital Analytics (RCA).
However, in general, data for smaller
transactions—many of which are handled by
REALTORS®—are less widely available.
National Association of REALTORS®’ (NAR)
Commercial Real Estate Market Trends gathers
market information for small cap properties and
transactions, mostly valued below $2.5 million.
GEORGE RATIU
Director, Quantitative & Commercial Research
gratiu@realtors.org
-100%
-50%
0%
50%
100%
150%
200%
2008.Q4
2009.Q2
2009.Q4
2010.Q2
2010.Q4
2011.Q2
2011.Q4
2012.Q2
2012.Q4
2013.Q2
2013.Q4
2014.Q2
2014.Q4
2015.Q2
2015.Q4
2016.Q2
2016.Q4
Sales Volume (YoY % Chg)
Real Capital Analytics CRE Markets
REALTOR® CRE Markets
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
2008.Q4
2009.Q2
2009.Q4
2010.Q2
2010.Q4
2011.Q2
2011.Q4
2012.Q2
2012.Q4
2013.Q2
2013.Q4
2014.Q2
2014.Q4
2015.Q2
2015.Q4
2016.Q2
2016.Q4
Sale Prices (YoY % Chg)
Real Capital Analytics CRE Markets
REALTOR® CRE Markets
Sources: NAR, Real Capital Analytics
6. 6
Survey Highlights
• 69.0 percent of REALTORS® closed a
commercial sale.
• Sales volume rose 12.9 percent from a year
ago.
• Sales prices increased 5.5 percent year-
over-year.
• The average transaction value equaled $1.1
million in Q4.2016.
• 11.0 percent of REALTORS ® reported an
international transaction.
• The average international transaction value
was $1.7 million.
NOTE: In January 2017, NAR invited a random sample of 62,867 REALTORS® with an interest in commercial real estate to
complete an on-line survey. A total of 941 complete responses were received, for an overall response rate of 1.5 percent.
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
• 60.0 percent of members completed a
commercial lease transaction
• Leasing volume advanced 2.5 percent from
the previous quarter.
• Leasing rates increased 3.1 percent over the
previous quarter.
• Concession levels declined 2.9 percent on a
quarterly basis.
• Inventory shortage topped the list of current
challenges, followed by buyer-seller pricing gap
and local economic conditions.
69
31
Sales transaction (%)
Yes
No
60
40
Lease transaction (%)
Yes
No
37%
27%
19%
22%
16%
16%
12%
14%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2016.Q4 2016.Q3
REALTORS® Most Pressing Challenges
Inventory Shortage
Pricing Gap: Buyers vs Sellers
Local Economy
Financing
Other
National Economy
Distressed Properties
7. Investment Sales
After an upbeat third quarter, economic growth
slowed during the last quarter of 2016.
However, boosted by solid employment gains,
consumer spending remained on an upward
trajectory. Following the results of the
presidential election, the corporate sector found
renewed optimism. With the economy growing,
demand for commercial real estate will likely
remain on a solid footing.
While transaction volume continued to decline
in large cap commercial markets in the fourth
quarter of 2016, activity in small cap markets
picked up. With 69.0 percent of REALTORS®
reporting closed transactions, the volume of
investment sales accelerated, posting a 12.9
percent jump compared with the fourth quarter
of 2015.
The shortage of available inventory remained
the number one concern for NAR members,
driving price growth. Prices for commercial
properties increased 5.5 percent compared with
the same period in 2015.
Reflecting global investor interest in U.S.
assets, 11.0 percent of NAR members who
completed the survey, reported an international
transaction. The average international sale price
was $1.7 million in the fourth quarter of this
year. The average cap rate for international
deals was 6.8 percent.
7
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
-50%
-40%
-30%
-20%
-10%
0%
10%
20%
30%
2008.Q4
2009.Q2
2009.Q4
2010.Q2
2010.Q4
2011.Q2
2011.Q4
2012.Q2
2012.Q4
2013.Q2
2013.Q4
2014.Q2
2014.Q4
2015.Q2
2015.Q4
2016.Q2
2016.Q4
PercentChange,year-over-year
Sales Volume Sales Prices
REALTORS® Q4.2016 Prices
Office Class A($/SF) $135
Office Class BC ($/SF) $93
Industrial Class A ($/SF) $65
Industrial Class BC ($/SF) $48
Retail Class A ($/SF) $125
Retail Class BC ($/SF) $85
Apartment Class A ($/Unit) $88,431
Apartment Class BC ($/Unit) $43,883
Source: National Association of REALTORS®
11
89
Members with International Transaction (%)
Yes
No
8. Investment Sales - continued
Average capitalization rates registered a 60
basis-point decline in the fourth quarter of 2016.
Class A apartment properties in REALTORS®‘
markets posted the lowest average cap rate, at
5.9 percent, followed by Class A office
properties, at 6.6 percent. Class A industrial
and Class A retail spaces posted cap rates of
6.4 percent and 6.0 percent, respectively. With
yields declining, the spread between cap rates
in REALTOR® markets and 10-year Treasury
notes reached 450 basis points in the fourth
quarter of 2016.
Respondents indicated that the direction of
commercial business opportunities during the
fourth quarter of 2016 was higher by 6.2 percent
compared with the previous quarter. With banks
tightening underwriting standards for
commercial loans in the wake of increased
regulatory scrutiny, financing availability
remained a concern in REALTORS®’ markets—
12.0 percent of members ranked it as a main
challenge in the fourth quarter.
8
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
REALTORS® Q4.2016 Cap Rates
Office Class A 6.6
Office Class BC 7.0
Industrial Class A 6.4
Industrial Class BC 6.7
Retail Class A 6.0
Retail Class BC 7.0
Apartment Class A 5.9
Apartment Class BC 6.8
Hotel Class A 6.7
Hotel Class BC 6.4
Source: National Association of REALTORS® -12%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
2008.Q4
2009.Q2
2009.Q4
2010.Q2
2010.Q4
2011.Q2
2011.Q4
2012.Q2
2012.Q4
2013.Q2
2013.Q4
2014.Q2
2014.Q4
2015.Q2
2015.Q4
2016.Q2
2016.Q4
Direction of Business Opportunity (QoQ)
Source: National Association of Realtors®
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
REALTORS® Commercial Capitalization Rates
Office Industrial Retail
Multifamily Hotel
Source: National Association of Realtors®
9. 9
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Leasing Fundamentals
Commercial fundamentals continued improving
during the fourth quarter of 2016. Leasing
volume advanced by 2.5 percent from the
preceding quarter. Leasing rates advanced by
3.1 percent, as concessions declined 2.9
percent.
NAR members’ average gross lease volume for
the quarter was $953,700. New construction
mirrored broader economic activity, posting a
6.6 percent gain from the prior quarter.
Tenant demand remained strongest in the 5,000
square feet and below segment, accounting for
87.0 percent of leased properties. Demand for
space in the Under 2,500 square feet segment
increased in the last quarter, capturing 46.0
percent of responses. Demand also rose for
properties in the 50,000 - 100,000 square feet
segment and for those in the Over 100,000
square feet segment.
-30%
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
2009.Q2
2009.Q4
2010.Q2
2010.Q4
2011.Q2
2011.Q4
2012.Q2
2012.Q4
2013.Q2
2013.Q4
2014.Q2
2014.Q4
2015.Q2
2015.Q4
2016.Q2
2016.Q4
%Change,Quarter-over-quarter
New Construction Leasing Volume
Source: National Association of Realtors®
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008.Q4
2009.Q1
2009.Q2
2009.Q3
2009.Q4
2010.Q1
2010.Q2
2010.Q3
2010.Q4
2011.Q1
2011.Q2
2011.Q3
2011.Q4
2012.Q1
2012.Q2
2012.Q3
2012.Q4
2013.Q1
2013.Q2
2013.Q3
2013.Q4
2014.Q1
2014.Q2
2014.Q3
2014.Q4
2015.Q1
2015.Q2
2015.Q3
2015.Q4
2016.Q1
2016.Q2
2016.Q3
2016.Q4
Average Leased Space by Size, Quarterly*
Over 100,000 sf
50,000 - 100,000 sf
10,000 - 49,999 sf
7,500 - 9,999 sf
5,000 - 7,499 sf
2,500 - 4,999 sf
Under 2,500 sf
Source: National Association of Realtors®
*Prior to 2010.Q4 "Under 5,000 sf was the lowest category available.
10. 10
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Leasing Fundamentals - continued
Vacancy rates continued to decline, ranging
from a low of 7.2 percent for apartments to a
high of 14.6 percent for office properties.
Industrial availability witnessed a yearly
decrease of 80 basis points—to 10.6 percent.
Lease terms remained steady, with 36-month
and 60-month leases capturing 59.0 percent of
the market. One-year and two-year leases
made up 26.0 percent of total.
REALTORS® Q4.2016 Vacancy Rates
Office 14.6
Industrial 10.6
Retail 14.9
Multifamily 7.2
Hotel 13.5
REALTORS® Q4.2016 Rents
Office 70 / Sq.Ft.
Industrial 38 / Sq.Ft.
Retail 165 / Sq.Ft.
Multifamily 1,184 / Unit
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
REALTORS® Commercial Vacancy Rates
Office Industrial Retail
Multifamily Hotel
Source: National Association of Realtors®
11. 11
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Comments
The REALTORS® Commercial Real Estate Quarterly Market Survey asks participants to comment
on current conditions in their markets. Below are selected remarks about the current market
environment.
A lot of sublease space is on the market, which can
tend to depress rental rates. Also, large landlords
with excess office space are "buying" new deals by
offering too much free rent, which distorts the
market.
Apartments are becoming somewhat overbuilt.
Bartow, Florida has a small market with a large
percentage of vacancies.
Getting more signed industrial/retail property leases.
Single tenant MOB very slow-non-existent.
Have recently found buyers to put a strong price on
contract and then seek concessions along the way
to complete the deal. Seems to be happening more
often.
Inventory is low but so is demand at this time so I
don't see any major changes in the near-future.
Lenders are using the cheapest appraisers
regardless of qualifications or quality of work. They
are driving good appraisers out of lending work.
Limited amount of Inventory should be driving
prices, however leasing inventory as well as sales
inventory is relatively level.
Market appears to be in a wait and see mode right
now due to new President.
Market is showing some growth and movement but
is still tentative.
Miami continues to attract international attention and
money.
Modest improvement in inquiries and leasing. New
commercial properties are helping the values
associated with older ones.
Office leasing market has dried up. Many listings are
not leased for 8 to 12 months
Optimism is up and much of what I am seeing are
fledgling businesses seeking to expand or move out
of home offices, as well as existing business looking
to relocate or consolidate locations.
Our market is expanding across all property types.
Record prices on agriculture properties, Full
absorption of Industrial buildings (actual spec
constructions starting), new residential construction
at 1/3 of pre boom levels with 30% more population,
new housing just starting to get traction.
Our market is stable, we are the regional community
for the Nebraska Panhandle, lots of opportunities,
just hard to market to outside areas as we have
limited commercial resources to accomplish the
marketing economically.
Our market is still slow, but optimistic for slow
growth. This is a big improvement since the crash.
Retail is declining, Industrial rising. Office market is
generally stagnant.
The Kent County market is geographically isolated
which does not appeal to business expansion. We
have a large office vacancy resulting from business
contraction.
The San Francisco Bay Area economy and Real
Estate markets are very strong.
12. 12
FEBRUARY 2017
COMMERCIAL REAL ESTATE MARKET TRENDS | Q4.2016
NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Comments
The REALTORS® Commercial Real Estate Quarterly Market Survey asks participants to comment
on current conditions in their markets. Below are selected remarks about the current market
environment.
Upstate NY economy is in rough shape with little
prospect of improvement short of a huge boost in
the national economic situation.
This continues to be the strongest market in the
nearly 50 years I have been in real estate
management.
This is a retirement and vacation/second home
area. Our commercial market is mostly small
boutique shops and service businesses. Our largest
employers are the school, county, retirement homes
and hospital. After many years, many vacant retail
and office spaces started filling about a year ago
with entrepreneurs. If we had broadband, our
prospects would be much better for businesses to
relocate or start and flourish.
Upswing in the oil & gas industry will be a good way
to absorb current inventory.
We experienced a dramatic drop in commercial
sales and leasing in the last few years since
November 2014 and are finally seeing
improvements in the market recently. Much of what
we see is improvements in the Small Business
segments and more office and retail has improved in
the Minot, ND market. We are affected by the oil,
however, we do also have submarkets like retail,
office geared around medical, Military and
agriculture.
We have very good commercial potential, the area
tends to attract medical/doctor use vs retail due to
smaller parcels that can be developed. Home of
Mega Military bases, 2 hospitals, 1 university,
shopping, convenient job commutes, lots of
protected open space,
We seem to have a lot of people considering
office/industrial space in the area but have been
reluctant to pull the trigger. Local businesses are
growing and moving into bigger spaces which is
good. Very little new construction due to the fact
that required rents for new construction are much
higher compared to existing properties.
We've seen relative stability with property values in
commercial. The only down is industrial lease rate
and occupancy.
13. The National Association of REALTORS®, “The Voice for Real Estate,” is America’s
largest trade association, representing 1.2 million members, including NAR’s institutes,
societies and councils, involved in all aspects of the real estate industry. NAR
membership includes brokers, salespeople, property managers, appraisers, counselors
and others engaged in both residential and commercial real estate. The term
REALTOR® is a registered collective membership mark that identifies a real estate
professional who is a member of the National Association of REALTORS® and
subscribes to its strict Code of Ethics. Working for America's property owners, the
National Association provides a facility for professional development, research and
exchange of information among its members and to the public and government for the
purpose of preserving the free enterprise system and the right to own real property.
NATIONAL ASSOCIATION OF REALTORS®
RESEARCH DIVISION
The Mission of the National Association of REALTORS® Research Division is to collect
and disseminate timely, accurate and comprehensive real estate data and to conduct
economic analysis in order to inform and engage members, consumers, and policy
makers and the media in a professional and accessible manner.
To find out about other products from NAR’s Research Division, visit
www.REALTOR.org/research-and-statistics
NATIONAL ASSOCIATION OF REALTORS®
RESEARCH DIVISION
500 New Jersey Avenue, NW
Washington, DC 20001
202.383.1000
