MADISON, NJ (March 29, 2021) – Today, Coldwell Banker Commercial®, a Realogy (NYSE: RLGY) brand, unveils Commercial University®, a brand-new learning application, created specifically for Coldwell Banker Commercial network professionals. The first of its kind, Commercial University®, will serve as a virtual social hub for over 2,000 real estate professionals within Coldwell Banker Commercial’s network, allowing brokers from different countries and states to exchange intel, data, and broker deals together around the world. Founded in 1906, the Coldwell Banker Commercial brand is currently the only firm to offer an interactive platform to its network that will enhance efficiencies and create synergies across its members.
MADISON, N.J. (March 18, 2021) – Coldwell Banker Commercial®, a Realogy (NYSE: RLGY) brand, announced its 2020 year-end award recipients across numerous Coldwell Banker Commercial company, office and affiliated professional categories.
This past year, COVID-19 created a significant level of uncertainty in a wide variety of industries, especially commercial real estate. The main anxiety in the student housing sector of CRE is the pandemic’s impact on the 2020-2021 school year’s leasing opportunities. There are multiple factors that are clouding the student housing occupancy outlook including whether students will come back to campus or relocate due to online learning, if, or when, they will sign a new lease, and if they will require future “outs” or reimbursement provisions should they need to change occupancy plans in the future due to pandemic-related issues.
Land sales often reveal an interesting aspect of the U.S. economy. Activity surrounding land transactions can portend where the real estate industry may be headed. In the case of the most recent economic recession that started in February 2020, land sales highlight the shift away from commercial office and retail development, while showcasing a renewed interest in residential development.
This month's update dives into the final move into CBCDesk, upcoming CBC Celebrates and Global Conference virtual events, new companies joining the brand, additional podcasts and a innovative new learning app!
This is the final part in a series of insights shared by the Coldwell Banker Commercial team in collaboration with local leadership and real estate professionals from around the country. Their collective insights into the micro and macro market trends for the coming year encompassed an array of asset classes, user types, and investor profiles ranging from private investors to users of all property types.
On this episode, we sit with Bobby Boone, founder of &Access Retail Solutions, where they aim to provide equitable solutions for underserved communities of entrepreneurs and geographic communities. We dig into how commercial real estate can be a vital piece in building communities, and how creativity and flexibility in CRE can help shape those communities.
This is the second part in a series of insights shared by the Coldwell Banker Commercial team in collaboration with local leadership and real estate professionals from around the country. They recently gathered to discuss micro and macro market trends for the coming year. The group covered an array of asset classes, user types, and investor profiles ranging from private investors to users of all property types, and examined factors expected to drive the recovery in commercial real estate markets ahead.
I’ve always enjoyed a good debate, conversation, or negotiation. I started honing my negotiation skills at a very young age, thanks to my mother. She would offer me a cookie and I would counter-offer by asking if I could have four or five. She would say “Why don’t you start with one or two?” In my mind I just got her to double her initial offer! I would often end up with three cookies in exchange for being a happy child, and a promise to eat my dinner. A 300% increase from the initial offer and more than enough to satisfy my desire. Now, I find myself negotiating in so many aspects of my real estate career. It is not just the price of a property for my client nor the time frame it will take to close—the negotiations include: listing agreements, lease terms, contingencies, repairs, inspections, personal property, tax prorations, build-out costs, rent commencement dates, asking price, personal guarantees, and cost-sharing, just to name a few. Over the years, I have learned many traits of a good negotiator and skills to help my clients reach their goals.
Now that 2020 is in our rearview mirror, it is a good opportunity take a moment to reflect on what was unquestionably an unprecedented year when COVID-19 impacted nearly every industry across the country, including commercial real estate. Shutdowns due to the coronavirus pandemic caused a large portion of employees to work from home for much of the year.