Distress was supposed to arrive at commercial real estate’s door in 2021, but it never materialized. Research by Real Capital Analytics (RCA) shows there were low levels of troubled CRE assets that hit the market, despite the dire predictions and investors’ expectations that 2021 would produce opportunities to buy properties at steep discounts.
Joseph Larkin, President of First Realty, Inc. joins us to discuss blockchain technology as it relates to CRE. Joe provides insight so you can gain a better understanding of the cyberworld as it relates to CRE.
As we mentioned in part 1 of CBC’s 2022 Outlook blog post series, the CBC team recently released its outlook on 2022 commercial real estate trends, which you can access here. In the first part, we took a closer look into the confidence in the property market and how that helped to push commercial property values to a 15-year high in the third quarter, the increase in transaction volume in 2021, annual CRE sales volume by property type, and more. In part 2, we will provide insight that is backed by research and analytics, as well as explore a wide variety of real estate trends including the commercial real estate sales volume and investment surge by market, the build-to-rent trend, multifamily rent growth by market, and retail and industrial rent growth. After conducting extensive research, the CBC team confidently predicts that 2022 will be another strong year fueled by stable cash flows and pent-up demand.
WHO: Host Dan Spiegel, senior vice president and managing director of Coldwell Banker Commercial, will be joined by panelists Donna Salvatore, founder and CEO of Megalytics; Marissa Limsiaco, co-founder and president of Otso; and Poonam Sharma, founding partner of Arden Digital Ventures.
The CBC team recently released its outlook on 2022 commercial real estate trends, which you can access the report here. The outlook provides insight that is backed by research and analytics, and explores a wide variety of real estate trends including, confidence in the property market, the increase in transaction volume, job growth and demand for commercial real estate space in secondary markets. The report notes that investors are capitalizing on rising rents and demand for space, points out what cap rates are in popular Sun Belt and secondary markets, highlights the build-to-rent trend for multifamily, observations of retail and industrial markets, the future of office demand, self-storage, and demand for medical space. After conducting extensive research, the CBC team confidently predicts that 2022 will be another strong year fueled by stable cash flows and pent-up demand.
On this episode, we were joined by Marissa Limsiaco, who for over the past 20 years has broken barriers as part of a small percentage of women who graduated from West Point, led soldiers in combat, and today leads a company revolutionizing the commercial real estate industry. She is the President and Co-Founder of Otso.io which offers insurance protection for deal costs and risks in commercial real estate leases with comprehensive coverage for build-out costs, commissions, and more. She talked to us about her incredible career, her belief in lifting others up in the commercial real estate industry, and how she leads with gumption and grit.
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MADISON, NJ (March 9, 2022) – Coldwell Banker Commercial, a Realogy (NYSE: RLGY) brand, today announces its offering of What Moves Her, a trailblazing campaign that supports the growth of women in real estate. Utilizing the What Moves Her program, Coldwell Banker Commercial will focus on elevating careers, empowering the community and supporting the success of women within the network. The expansion marks Coldwell Banker Commercial’s ongoing commitment to celebrating women and creating new business opportunities.
A recent report by the Mortgage Bankers Association (MBA) shows remarkable confidence in the commercial real estate sector by every major investor group. The level of commercial/multifamily mortgage debt outstanding increased by $64.8 billion, or 1.6 percent, in the third quarter of 2021.