RSS feed for Items tagged 'Commercial'

Economic Growth Drives Commercial Investments in Q1 of 2013

Following on the solid 24 percent yearly gains in 2012, commercial investments notched a strong first quarter. Sales of major properties totaled $72.8 billion in the first quarter, a 35 percent rise from a year ago, according to Real Capital Analytics. Portfolio transactions made up a large portion of the volume, especially due to the sale of Archstone apartment properties to Equity Residential and Avalon Bay. Individual property sales comprised $40 billion, a 7.8 percent gain from the same quarter last year.

Commercial Real Estate Market Survey

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data* from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2013.Q1 Survey Highlights

REALTOR® commercial markets recorded improved conditions for both sales and leasing.
Sixty-four percent of commercial REALTORS® closed a sales transaction during the quarter.

Commercial Real Estate Lending Survey

The Commercial Real Estate Lending Survey is conducted annually and provides an overview of lending conditions that impact commercial transactions nationally, based on responses from commercial real estate members.

The economy is off to a reasonably good start in 2013, in the wake of a moderately positive performance during 2012. The first quarter gross domestic product expanded by 2.5 percent. The year-end brought closure to several sources of uncertainty. The presidential election provided a degree of clarity over the next four year's administration. The "fiscal cliff... Read More

Commercial Real Estate Fundamentals Improving, Lending Tight for Small Business

WASHINGTON (May 28, 2013) – With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors^® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, said the market is showing an uneven recovery. “The wheels appear... Read More

Realtors® Report Positive Trends in Commercial Market with Increases in Income, Transactions

WASHINGTON (May 23, 2013) – Realtors^® who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery. According to the National Association of Realtors^® 2013 Commercial Member Profile, transactions and sales volume have also increased since last year.

The study shows median annual gross income for 2012 was $90,200, an increase from $86,000 in 2011 and is at its highest level since 2008.... Read More

Realtor.com to Provide Comprehensive Commercial Listings

CommercialSearch.com listings data from Xceligent will be available to realtor.com® users come Q3 2013.

Realtor® Confidence in Commercial Market Growing

Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, commercial practitioners believe the market is not only better off than it was a year ago, but also will continue to improve.

National Association of Realtors® chief economist Lawrence Yun joined several Realtor® commercial practitioners on a panel to... Read More

Healthcare Real Estate: The “Retailization” Of Healthcare

Technological advances and specialization in healthcare means that patients will be spending more time in small outpatient facilities.

Main St. and the Internet: Closing the Tax Gap

Pending legislation to even the tax-collection playing field between Internet retailers and bricks-and-mortar retailers is an important issue for commercial real estate professionals, because their clients face a disadvantage against out-of-state Internet retailers on tax collection.

3 Mistakes to Avoid and Tips for Maximizing a Broker's Income

Rod Santomassimo, CCIM, discusses three mistakes to avoid, strategic planning, and the technology needed for maximizing an independent broker's income.

Coming Together for Commercial Real Estate

NAR Treasurer Bill Armstrong updates members about issues including the Marketplace Fairness Act, Terrorism Risk Insurance, and the Midyear Legislative Meetings in Washington, D.C.

Empire State Building Feud Heads to Court

Ownership of New York's 102-story landmark will be battled out in court this week.

Gov't Tries to Unload Excess Properties

The General Services Administration is trying to unload a surplus of government buildings across the country through auctions and, most recently, by working with private developers to negotiate land swaps.

How Online Shopping Will Shape the Future of Retail

An increase in online shoppers could mean exciting things ahead for developers and investors of retail real estate, as architects and builders are forced to up their game.

Commercial Intelligence Briefing: Discussing Social Media Strategy

D. Scott Smith, CCIM, Signature Series Speaker, talks to host Steve Lubetkin about his start in commercial real estate and his advice to students on creating and activating a social media strategy.

Lease Accounting Progress

NAR Treasurer Bill Armstrong updates members about progress on lease accounting, as well as new legislation introduced in Congress to reauthorize terrorism risk insurance for commercial properties.

First Quarter 2013: The Young Professionals

Read Issue in Full Screen

Prepare Your Commercial Agents for Today's Market

In this edition of the CIB, Bob McComb, Signature Series Speaker and owner of Top Dogs Commercial Real Estate Training, will share some tips on how commercial agents can prepare to be successful in today's market.

Apartment, Condo Markets Remain Strong

The National Association of Home Builders is projecting a 30 percent increase in multifamily starts in 2013.

Commercial Market Highlights and Challenges

NAR Treasurer Bill Armstrong highlights an array of recent commercial market data and provides a reminder about two member surveys to complete.

Commercial Real Estate Sectors Steadily Improve

WASHINGTON (February 25, 2013) - Major commercial real estate sectors continue to improve, albeit slowly, with gradual economic improvement and job creation driving absorption of space, according to the National Association of Realtors^® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, said rental housing demand has been exceptionally strong. "Rent increases have been higher in multifamily housing where supply is not matching... Read More

Multifamily Growth Poised to Continue in 2013

Home building is once again contributing to the nation's economic growth, and a major factor behind that growth has been the expansion of multifamily construction.

Owning a Rental Property Is 'Sweet Spot' in Market

More investors are finding rental properties can prove lucrative, experts say.

What's the Impact of Social Media on Commercial Practitioners?

In this podcast, Steve Lubetkin continues his conversation with Todd Clarke. They discuss the role of social media and other online tools, and the ways in which they have changed the way commercial real estate practitioners interact with each other globally.

Transforming and Re-Imagining Suburban Office Stock

What are new and current trends affecting the office market? Steve Lubetkin sits down with Dr. James Hughes, Dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University to discuss a report he co-authored on the forces changing the shape of regional economic growth and its impact on office space.

How Will Changing Demographics Affect Commercial Real Estate?

How will changing demographics affect the commercial real estate market? Steve Lubetkin interviews award-winning speaker Todd Clarke, CCIM to find out what REALTORS® need to know about Gen X, Gen Y and the echo boomers.

The People, The Tools, The Outlook: What You Need to Know in 2013

The People

Each year, REALTOR® boards and associations across the country award commercial members for their work in the industry, the community and the association. NAR Commercial promotes those awardees as National Award winners. Whether you are looking for experts in a particular specialty or new business partners, take a look at the National Award winners in this issue, look them up on Realtor.org and reach out to them.

Look up the National Award winners.

In... Read More

NAR Affiliate Publications

NAR’s commercial Institutes, Societies, and Councils produce industry leading publications. Even if you aren’t a member, you can still benefit from the stellar information and vast resources. Here is a list of publications available and how you can access and subscribe in 2013. A great gift for you and your business!

CCIM Institute

Commercial Investment Real Estate Magazine (CIRE)
Description: CIRE is CCIM Institute's flagship publication, featuring articles about industry trends and successful business strategies.
... Read More

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

Commercial Real Estate Outlook is produced quarterly by NAR's Research division and includes the latest market information on five major commercial real estate sectors — industrial, office, multi-family, retail and hospitality real estate.

Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of REALTORS® quarterly commercial real estate forecast published... Read More

From the Podium: Xceligent CEO Doug Curry

Xceligent’s CEO Doug Curry has a rough job just talking about his job. The backstory of what Xceligent (a REALTOR Benefits® Partner) does, who it does it with, for whom it does it, why, when and where is a very complex narrative, bringing together business research, computer science, commercial real estate, mergers and acquisitions, antitrust, and philosophy. One article or column isn’t going to cover it. One presentation isn’t going to cover it.

Doug Curry knows how complex the narrative for Xceligent can be; at the start of his presentation to a commercial... Read More

Capitol Report: All REALTORS® Must Speak With One Voice

When Daniel L. Goodwin, chairman and CEO of The Inland Real Estate Group in Oakbrook, Ill., began developing and selling single-family homes and apartments 35 years ago, he joined the Chicago Association of REALTORS® “because it gave me the opportunity to cooperate with other brokers and stay informed about industry issues.”

Today, Inland-related companies have 1,400 employees who oversee $20.2 billion in commercial assets and manage 115 million square feet. The company has issued more than $19 billion in loans on commercial properties and raised more than $18... Read More

Winter 2012: The People, The Tools, The Outlook

Read Issue in Full Screen

Commercial Grant Recipients Executive Summaries

2012 Executive Summaries

Education

Georgia Association of REALTORS® - Commercial Focused Education/2013 Inaugural Meeting (PDF: 82 KB)
Commercial Association of REALTORS® Wisconsin - Commercial Speakers Series (PDF: 237 KB)
... Read More

2012 Wrap Up and a Sneak Peek at 2013

NAR Treasurer Bill Armstrong takes a look at accomplishments and events of 2012 impacting commercial REALTORS®, and what is on tap for 2013.

Commercial Intelligence Briefing: How to Obtain Successful Negotiation Skills

In this edition of the Commercial Intelligence Briefing, President of Strategic Negotiations International Barry Elms shares real life examples to help commercial practitioners gain the knowledge needed for successful negotiation skills.

Renters Fear Evictions From Foreclosures Too

Forty percent of families facing evictions due to foreclosure are renters, according to the National Law Center on Homelessness & Poverty.

Incentives Still Help Seal Deals, Builders Say

While home buying has picked up, some builders say reluctant buyers may need an extra push to get moving, and incentives can still help.

Household Formation to Outpace Apartment Boom

A big growth in new household formations is expected to drive up housing starts in the new year that will outpace the apartment boom, according to Freddie Mac's forecasts.

Commercial Real Estate Embraces Twitter

Some of the nation's leading commercial real-estate firms are increasing their activity on such social media sites as Facebook, LinkedIn, and Twitter.

CIB: Land that Knockout Punch

In this edition of the CIB, Steve talks to Marsha Petrie Sue MBA, CSP on what skills Commercial Practitioners can use to land that "knockout punch" on closing the deal as well dealing with difficult people and work situations.

NAR: Job Creation Forecast to Lift Commercial

With multifamily housing back on its feet, NAR Chief Economist Lawrence Yun said the more hopeful tone in Washington may pave the way for a full commercial recovery.

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

WASHINGTON (November 26, 2012) - Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of Realtors^® quarterly commercial real estate forecast.

Lawrence Yun , NAR chief economist, said the market has been slowly building momentum. "Job creation... Read More

Commercial Financing Loosens Up

Lender confidence leads to more loans beyond gateway cities and Class A assets.

Rob Nahigian on Industrial Real Estate Courses

Rob teaches a wide array of courses within his specialty area, Commercial and Industrial Representation. He provides insights on several of these, including a primer course in Industrial Real Estate, and classes on Marketing and Negotiating, Building Wealth, and Successful Sales Techniques.

Housing Authorities Key to Multifamily

A roster of experts gave a range of presentations looking at the special considerations of workforce housing at the recent NAR Workforce Housing Conference in Chicago. Get the highlights on multifamily sessions, including why you should build relationships with your state's housing finance authority.

RPR Launches New Commercial Application

NAR Treasurer Bill Armstrong walks you through the brand new RPR Commercial Application, available only to members of NAR. RPR Commercial is the only tool you'll need for invaluable, in-depth data and analysis on markets and properties for commercial practitioners. Find out more in the latest commercial podcast.

Top 10 Issues Affecting the Real Estate Industry

The Counselors of Real Estate®, an invitation-only professional association of top leaders in more than 50 specialties within the real estate industry (and which is an affiliate of the National Association of REALTORS®) developed the following list of critical issues that will affect the real estate industry over the next 10 – 30 years. Members of CRE®s External Affairs Committee regularly issue alerts about important topics. Many of the issues have strong interrelationships and are common across industries.

Through a series of objective white papers to be... Read More

Socially Networking Your Way Into Doing Business

In today’s continually evolving social media landscape, incorporating these tools in your business strategy is becoming more crucial than ever. But what is most effective for commercial real estate and how can you most wisely use your time?

Engagement Factor

First of all, you need to understand that when you get down to it, social media is really the engagement factor – participating in a two-way conversation with your audience. The role of social media can be broken down into three key areas – communications, marketing and branding. Communicate a... Read More

Middle Market Magic

Every Commercial Real Estate Broker knows the equation: if you want to increase demand, you need more jobs. Simple, right? Not really, especially not in this economy. Yet some cities are outpacing their neighbors — adding the good jobs that fuel demand for office, retail, and multifamily. What secrets do these mid-sized cities (1.5 to 2.5 million in population) share?

Get the Economy In Focus

If there is one thing that sets top job-growth cities apart, it’s that their public and private leadership focuses intentionally on their economies, says Bruce Katz, vice... Read More

Terrorism Risk Insurance Act

On Sept. 11, 2012 the Subcommittee on Insurance, Housing and Community Opportunity held a hearing entitled “TRIA at Ten Years: The Future of the Terrorism Insurance Program”. By invitation only, NAR submitted testimony and was represented by 2012 NAR Commercial Committee Vice-Chair, Linda St. Peter, CCIM, CIPS (Prudential Connecticut Realty in Wallingford, CT.) Linda testified on behalf of NAR and its commercial affiliates: CCIM Institute, Institute of Real Estate Management, REALTORS® Land Institute, and Society of Industrial and Office REALTORS®. The purpose of the... Read More

Fall 2012: Middle Market Magic

Read Issue in Full Screen

The Art of Negotiating Skills

In this Commercial Intelligence Briefing, Rob Nahigian, Signature Series Speakers' Bureau, FRICS, SIOR, CRE, MCR discusses the art of negotiating skills and the evolution of office product. Rob Nahigian is a Principal with Auburndale Realty Co. in Newton, Mass. and has 32 years in commercial/industrial real estate experience.

Home Builder Lennar Quadruples Earnings

The Miami-based home builder is reporting a surge in new orders from first-time and first move-up home buyers.

What's in Store at the REALTORS® Conference & Expo?

NAR Treasurer Bill Armstrong invites you to join him and thousands of your colleagues for the latest in the commercial industry at the 2012 REALTORS Conference & Expo taking place in Orlando, Fla., Nov. 9-12.

Find out more about the people, events, and great products you'll hear about in Orlando. Plus get details on the new REALTORS Property Resource® (RPR) Commercial Application, launching soon and available only to members of NAR.

San Francisco Considers Tiniest Apartments in U.S.

San Francisco lawmakers will vote Tuesday on a possible building code change that could allow some of the tiniest apartments in the country.

Investors Ready to Take Bigger Bite Out of Market

Despite rising home prices and fewer available foreclosures, 40 percent of real estate investors say they plan to buy more homes this year than they did last year, according to a new survey.

EPA Delays Proposed Lead Paint Rulemaking for Three Years

EPA has further delayed its plans to propose and then finalize a Lead Renovation Repair and Painting (LRRP) rule for potential lead-based paint hazards in commercial and public buildings.

NAR's efforts thus far, through letters to EPA and oversight from the Hill, have resulted in a significant delay in EPA’s issuance of new regulations -- particularly because NAR has stressed the point that the agency lacks data on the nature and extent of lead-based paint hazards unique to commercial buildings. EPA had been under a deadline to issue a proposed LRRP rule for exterior... Read More

NAR Signs Onto Lease Accounting Coalition Letter

On Sept. 10, 2012, NAR and a coalition of business organizations wrote to the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), urging them to fundamentally rethink their lease accounting project. Among other things, the letter raised serious concerns about the objective of the lease accounting project and whether investors will receive any additional decision-useful information under the new proposed standard.

Under the boards’ most recent lease proposal, businesses would be required to capitalize over $1.1 trillion in... Read More

Anatomy of Lease and Avoiding Litigation

In this Commercial Intelligence Briefing, attorney Jim Hochman discusses the anatomy of a lease, avoiding litigation and more. As a partner at Coman & Anderson, Mr. Hochman represents many commercial real estate brokerage firms, receivers, landlords, tenants, and real estate investors by assisting in commercial and residential real estate transactions. He is also a Signature Series Speaker.

Terrorism Risk Insurance Vital to Commercial Real Estate Market

American businesses rely upon the availability and affordability of terrorism risk insurance, and it's a vital component of most commercial real estate transactions, NAR said in testimony today, the 11th anniversary of 9/11.

Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®

WASHINGTON (September 11, 2012) – American businesses rely upon the availability and affordability of terrorism risk insurance and it’s a vital component of most commercial real estate transactions, the National Association of Realtors® said in testimony today.

NAR’s 2012 Commercial Committee Vice Chair Linda St. Peter spoke before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on the 11th anniversary of the Sept. 11 terrorist attacks about the future of the Terrorism Risk Insurance Act. TRIA is a federal terrorism... Read More

Multifamily Market Posts Strong Gains

The latest improvements in the apartment and condo sector marks the eighth consecutive month for growth.

Small Commercial Building Sales Back to 2008 Levels

In the small buildings market, more and more buyers are taking advantage of prices that have yet to rebound from the property boom going bust.

More Investors See Promise in REITs

Real estate investment trusts are increasingly being eyed by investors as a potential income source—possibly delivering yields of 4 percent or more—at a time when other investments are drying up.

Commercial Market Survey Results

NAR Treasurer Bill Armstrong explores the latest Commercial Market Survey results and what this means to commercial practitioners. He also reminds commercial members to complete the Code of Ethics training before the end of the year.

LIBOR: How You Probably Got Burned

So did any of the commercial property deals you touched in the past five years or longer use financing? Let's guess: the answer is yes, of course. Developers acquiring or improving commercial assets tend not to self-finance. Read more about the LIBOR scandal on TheSource Blog.

http://blog.commercialsource.com/libor-how-you-probably-got-burned/

Commercial Real Estate Recovering at a Slower Pace

WASHINGTON (August 27, 2012) – Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas, according to the National Association of Realtors® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, said there are mixed results among the commercial sectors. “Job creation in the second quarter was... Read More

Bring Value to Your Clients

In this intelligence briefing Richard Muhlebach, CPM, CRE, discusses how REALTORS® that specialize in commercial real estate can bring value to their clients. Richard has 40 years experience leasing and managing commercial properties. Richard teaches for the University of Washington, the Commercial Brokers Association, NAR, and IREM. He also lectures across the United States as well as internationally.

Prosperous Representation Practices and View from the Edge

Jones Lang LaSalle-Los Angeles Executive Vice President Sam Foster, CCIM is featured in this latest Commercial Intelligence Briefing. As executive vice president of Tenant Representation Group, Sam's responsibilities include the representation of Mattel, Whirlpool, Xerox and other corporate real estate clients.

Sam discusses his new program called "View From the Edge," in which three other Signature Series Speakers are also participating. Additionally, he touches on tenant... Read More

July 31, 2012: What Does NFIP Win Mean for Commercial Sector?

Join NAR Treasurer Bill Armstrong as he talks about the recent five-year reauthorization of the National Flood Insurance Program and what it means for REALTORS® in the commercial sector.

Take Land Site Selection Course at Home

For the first time, the REALTORS® Land Institute (RLI) is offering the hybrid course "Site Selection" in August. Learn how to add value by understanding the site selection process and the highest and best use for a site. Get more info on the hybrid course process and the instructor, Andre J. van Rensburg, ALC.

Summer 2012: Making Strides in a Jumpy Economy

Read Issue in Full Screen

EPA Pushes Back Deadline for Lead Paint Proposed Rulemaking

Under a settlement agreement between the EPA and various public interest groups, the EPA is required to develop regulations that establish lead safe work practices for renovation, repair and painting (RRP) activities for commercial and public buildings.

Under the original agreement, a proposed RRP rule for the exterior of commercial and public buildings was due on Dec. 15, 2011. This date has been pushed back twice so far, most recently to Sept. 15, 2012. A final rule is due on July 15, 2013, although the delays in issuing the proposed rule will no doubt delay... Read More

July 2012: Top Mistakes in Tenant Representation

A 2012 Signature Series Speaker, Gregory P. Schenk, SIOR, president, The Schenk Company, Inc. discusses some of the top mistakes tenants are making when looking for tenant representation among their brokers. Greg has 25 years of experience in the business ranging from representing tenants and buyers in locating and negotiating office, medical space and investment projects, as well as 1031 exchanges, lease buy outs and termination options.

Three Long-Term Views: Which is Accurate?

There's no doubt there are many signs of recovery in the national commercial real estate market. But as with any gigantic, interrelated collection of localities, sectors, and instruments, it's tough to know with any certainty what to expect long term. Read three conflicting perspectives of the commercial market and weigh in on which you think is most accurate.

Negotiation Course Adds to Your Skill Set

Increase your productivity and revenue, and close more deals. The REALTORS® Land Institute's no-travel course "Essentials of Negotiation" can benefit you in not only your business, but also your personal life. Hurry, registration ends July 9.

U.S. Real Estate Market: Most Transparent

The United States is at the top of the list when it comes to transparency in real estate, according to the 2012 Global Real Estate Transparency index by Jones Lang LaSalle. Find out what that means and why it's increasingly important.

Free: "Scout" Out Commercial Legislation

Stay on top of legislation that affects commercial real estate legislation with Scout, a free software tool that alerts you when Congress or your state house proposes legislation that affects you or your clients.

Pro Shares Tips for Getting More Business

It's his skill at acquiring new business, national marketing, and relationship building that earned Bret Hunsaker the 2010 REALTOR® of the Year from the Atlanta Commercial Board of REALTORS®. Check out the CommercialSource blog, where the 25-year commercial pro shares his best tips for getting more business.

June 26, 2012: Xceligent Is Game Changer for Commercial Real Estate

2012 NAR Treasurer Bill Armstrong shares some great news with REALTORS® in the commercial sector about NAR's newest REALTOR Benefits® Partner, Xceligent. A result of a game-changing partnership between NAR and Xceligent, this latest REALTOR Benefit® offering will be available shortly and promises to transform the commercial real estate industry. NAR Senior Vice President of Marketing Bob Goldberg joins Bill to explain some details.

Check the REALTOR... Read More

Update on Basel III and Final Rule for Basel 2.5

On June 7, 2012, the Federal Reserve Board of Governors unanimously approved the release of three Notices of Proposed Rulemaking (NPRs) for Basel III and the final rule for Basel 2.5.

Under the proposal, the approach for calculating risk weighted assets would also change the treatment of residential mortgages, making it more risk-sensitive. Under the NFP, residential mortgages are divided into two categories and the risk weights would depend heavily on LTV and would range from 35%-200%.

The new proposed capital rule does not recognize PMI for determining the capital... Read More

May 29, 2012: A Rally for All Real Estate

2012 NAR Treasurer Bill Armstrong recaps the successful Rally to Protect the American Dream, and what it meant for commercial real estate. Plus, he'll share some exciting news about a new partnership that will provide REALTORS® in the commercial sector with a powerful new way to do business.

Congress Raises Concern About Lease Accounting Proposal

On May 17, 2012, Reps. Sherman (D-CA) and Campbell (R-CA) sent a bipartisan letter signed by 58 other lawmakers to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB), urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a final rule.

Under the proposal, U.S. companies that lease commercial space would be required to capitalize the costs of that lease — similar to as if they purchased the property — instead of recognizing the true costs of... Read More

All Commercial Real Estate Sectors Continue to Improve, Multifamily Strong

WASHINGTON (May 24, 2012) - Shaking off a prolonged impact from the recession, fundamentals are gradually improving in all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast. The apartment rental sector has fully recovered and is growing.

The findings also are confirmed in NAR's recent quarterly Commercial Real Estate Market Survey, which... Read More

Realtors® Report Increase in Commercial Transactions, Income

WASHINGTON (May 23, 2012) - Realtors® specializing in commercial real estate reported an increase in transactions in 2011, as well as a rise in their median gross annual income, according to the 2012 National Association of Realtors® Commercial Member Profile.

The study's results represent Realtors® who practice commercial real estate; these NAR members conduct all or part of their activity in commercial sales, leasing, brokerage and development for land,... Read More

Lack of Capital Hinders Commercial Market While Modest Improvement Persists

WASHINGTON (May 17, 2012) - National Association of Realtors® Chief Economist Lawrence Yun presented a modest and hopeful outlook for the commercial real estate market during the Economic Issues and Commercial Business Trends Forum at the Realtor® Midyear Legislative Meetings & Trade Expo in Washington, D.C. today.

“The commercial market has displayed modest growth lately,” said Yun. “Commercial real estate is the basis for much of the growth in the American economy, however... Read More

Xceligent Acquires Commercial Data Platform from NAR's Second Century Ventures

WASHINGTON (May 10, 2012) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has sold ePropertyData (ePD) to Xceligent to create a competitive national alternative in commercial real estate information.

Xceligent will leverage ePD’s commercial information exchange (CIE) solution to help expand its existing coverage of fully researched commercial real estate information into the largest U.S. markets. ePD provides commercial... Read More

NAR Signs Onto Lease Coalition Letter

May 7, 2012

On Thursday, April 26, 2012, a coalition of real estate and other business organizations (including NAR) wrote to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all stakeholders.

Under the boards’ proposal, U.S. companies that lease commercial space would... Read More

Tight Lending Standards Hindering Commercial Real Estate Recovery

WASHINGTON (May 3, 2012) - Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial Real Estate 2012 Lending Survey.

Lawrence Yun, NAR chief economist, said there is a significant split in commercial lending depending on value. "This is very much a tale of two markets. There have been notable improvements in capital for large... Read More

Lawmakers Raise Concerns on PCCRA

April 2, 2012

On March 26, 2012, Reps. Bachus (R-AL) and Garrett (R-NJ) issued a letter expressing concern to six banking agencies regarding their risk retention proposal, which contained a requirement that securitizers set aside the profits from sales of securities in a “premium capture cash reserve accounts” (PCCRAs). Specifically, the two lawmakers raised concerns that this provision would greatly reduce the securitization market for many asset classes, thereby reducing a vital source of capital for the commercial real estate industry. Given this potential negative... Read More

March 27, 2012: Rally for Real Estate in Washington

NAR Treasurer Bill Armstrong explains why REALTORS in the commercial sector need to be at the Rally to Protect the American Dream, taking place on May 17, in Washington, D.C.

Accredited Associations

NAR Commercial would like to congratulate those listed below in recognition of achieving the Commercial Services Accreditation.

Full list of accredited associations. (PDF: 253KB)

Arizona

Scottsdale Area Association of REALTORS®, Scottsdale, AZ

California

Commercial Real Estate Vacancy Rates Improving, Rents Firming

WASHINGTON (February 24, 2012) - According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market commanding bigger rent increases. These trends also are confirmed in NAR’s recent quarterly Commercial Real Estate Market Survey.

Lawrence Yun, NAR chief economist, said vacancy rates are improving in... Read More

Jan. 31, 2012: The Advantages of NAR Commercial Membership

NAR Treasurer Bill Armstrong highlights benefits of NAR membership for commercial REALTORS®, ranging from advocacy power at national, state, and local levels to:

Top-notch research
Robust property tools
Educational and networking opportunities
A host of benefits for your business and personal life

Legislation and Advocacy

Commercial Real Estate Advocacy Timeline

The latest version of the Commercial Real Estate Advocacy Timeline cites NAR's recent action on Basel III, Dodd-Frank and the EPA's consideration of federal rules on commercial lead-based paint.

2012 Commercial Issues and Actions

Take a look at how NAR will continue to... Read More

Commercial Webinars

NAR Commercial offers these free webinars designed to supply members and association staff with valuable information to support their business growth and development. These prerecorded webinars address a mix of topics—ranging from sales techniques to marketing and negotiations—that can be applied to commercial real estate or any business. The goal of each webinar is to arm attendees with knowledge and information to support their overall business needs.

Environmental Impacts on Real Estate
Wednesday,... Read More

Commercial Services Accreditation

Your association can be recognized by NAR for a commitment to offering commercial services, programs and benefits for members. This prestigious achievement not only can help you retain your current members, but is also part of a strong membership recruitment tool.

List of Accredited Commercial Overlay Boards and Associations

For more details, read the ... Read More

Commercial Leading Indicator

The index is designed to provide early signals of turning points between expansions and slowdowns in commercial real estate. NAR reviewed a wide variety of indicators, examined the relationships of indicators that demonstrated a historical impact on commercial real estate, and modeled a forward looking index based on historic trends.

Quarterly data for 13 selected series were reviewed back through the first quarter of 1990. The modeling demonstrated a change in commercial brokerage activity that could be seen two quarters later as measured by net absorption in the industrial and... Read More

Videos

Videos to help you understand the proposed QRM rule and other risk retention issues.

Effort to Correct QRM Gains Momentum

Momentum is building as lawmakers on a bipartisan basis lead effort to modify banking regulators' proposal to require 20% down for affordable qualified residential mortgage (QRM) loans.

Why QRM Concerns NAR

An updated video... Read More

Political Advocacy

The provision in the Dodd-Frank Act requiring financial institutions to retain 5% of the risk on loans they securitize exempts certain qualified-residential mortgages (QRMs) from the requirement.

NAR’s Position

NAR believes that Congress intended to create a broad QRM exemption, but the proposed rule narrowly defines QRMs.

NAR wants federal regulators to honor Congressional intent by crafting a QRM exemption that includes a wide variety of traditionally safe, well underwritten products such as 30-, 15-, and 10-year fixed-rate loans; 7-1 and 5-1 ARMs; and... Read More

National Commercial Awards

NAR's National Commercial Awards Program, was created to highlight and honor REALTORS that conduct commercial transactions, who have distinguished themselves in their communities.

Congratulations to our 2012 National Commercial Awards Winners!

2012 Recipients
2011 Recipients
... Read More

Commercial Information Exchange Comparison

The National Association of REALTORS® has established two types of Commercial property services ("Services"): the Commercial Information Exchange and the Commercial/Industrial MLS. While both are designed for the orderly correlation and dissemination of listing information so that participants may better serve their clients and the public, there are distinct differences between them. The following summary highlights their similarities and differences. A "Frequently Asked Questions" (FAQ) section regarding the operation of CIEs may be found at the end of this... Read More

Educational Opportunities

NAR Commercial Webinars

Access FREE on-demand education by downloading monthly webinars brought to you by NAR Commercial. To learn more about each session and the speakers who will be presenting, follow the link below.

Access Webinars >

Affiliate Education

The following NAR Affiliate organizations provide educational programs that promote professionalism and offer real estate designations.... Read More

Affiliate Organizations

The CCIM Institute confers the Certified Commercial Investment Member (CCIM) designation to commercial real estate professionals through an extensive curriculum of 200 classroom hours, in addition to industry experience. The CCIM education curriculum addresses financial analysis, market analysis, user decision analysis and investment analysis - the cornerstones of commercial investment real estate. There are 9,500 CCIMs in 1,000 markets worldwide. An additional 9,500 practitioners are pursuing the designation. Headquartered in Chicago, CCIM Institute is the largest... Read More

Affiliate Organizations

Educational Opportunities

NAR Commercial Webinars

Access FREE on-demand education by downloading monthly webinars brought to you by NAR Commercial. To learn more about each session and the speakers who will be presenting, follow the link below.

Affiliate Education

The following NAR Affiliate organizations provide educational programs that promote professionalism and offer real estate designations. Click on each to read more about their educational offerings.

Affiliate Organizations

The CCIM Institute confers the Certified Commercial Investment Member (CCIM) designation to commercial real estate professionals through an extensive curriculum of 200 classroom hours, in addition to industry experience. The CCIM education curriculum addresses financial analysis, market analysis, user decision analysis and investment analysis - the cornerstones of commercial investment real estate. There are 9,500 CCIMs in 1,000... Read More

Commercial Real Estate

Commercial Member Profile

This 2013 report describes the business, transaction, and demographic characteristics of commercial members, and defines the property information needs of this segment of NAR membership. The Commercial Member Profile is available for download in our store.

... Read More

SBA Expands Temporary Refinance Program

Beginning April 4, 2011, the U.S. Small Business Administration (SBA) will expand its temporary 504 commercial real estate refinance program to assist more small business owners struggling to refinance commercial loans. This new refinancing option was initially restricted to small businesses with commercial real estate mortgages maturing by the end of 2012, but now small businesses will be allowed to refinance certain owner-occupied commercial real estate loans maturing after Dec. 31, 2012.

The 504 refinance program provides an SBA loan for up to 40 percent of the... Read More

Winter 2012: A Force for Making Smart Growth Reality

Read Issue in Full Screen

January/February 2012: Commercial News Round Up

Need a smart resource to educate potential investors? The Four Benefits of Commercial Real Estate Investing & You is designed as a marketing tool to help would-be investment clients learn more about the commercial real estate field.

Commercial Innovation Grants

The Commercial Innovation Grant Program was created to assist REALTOR® associations with funding for game changing ideas that have a member benefit or add value to commercial real estate professionals on a local level. Check out the Commercial Grant Recipient page to learn more.

How to Apply

We are no longer accepting grant applications for the 2013 Innovation Grant Program.

View Executive Summaries for past recipients

Dec. 27, 2011: A Look Ahead for 2012

In the Dec. 27 podcast on commercial real estate, NAR Treasurer Bill Armstrong takes a look at the top three issues that are at stake for the industry in 2012 and highlights the latest commercial forecast for 2012. He also provides details on a commercial refinancing program that has recently been expanded.

Commercial Real Estate Market Outlook

The Commercial Real Estate Outlook (CREO) is NAR's flagship commercial research publication. It is produced quarterly and includes the latest market information on five major commercial real estate sectors — industrial, office, multi-family, retail and hospitality real estate.

The publication includes national and metropolitan data from the respected research firms of CBRE Econometric Advisors and Real Capital Analytics, along with in-depth analysis from NAR Research. The full report is available only to NAR members, and the summary report is open to all visitors.

Commercial Connections: Money Becoming More Available

Read about SBA lending and capital availability in this issue of Commercial Connections.

Commercial Connections: Money... Read More

Commercial Connections: Money Becoming More Available

Read about SBA lending and capital availability in this issue of Commercial Connections.

Commercial Connections: Money... Read More

Commercial Connections: The Retail Clinic Industry

Read about healthcare facilities and the new SBA refinance program in this issue of Commercial Connections.

Commercial... Read More

Commercial Connections: The Retail Clinic Industry

Read about healthcare facilities and the new SBA refinance program in this issue of Commercial Connections.

Commercial... Read More

Commercial Connections: The Signature Series Issue

Get insights on the commercial real estate industry from peers, tips for professional development from experts, and a fresh perspective on the issues impacting you and your business.

Commercial Connections: The Signature Series Issue

Get insights on the commercial real estate industry from peers, tips for professional development from experts, and a fresh perspective on the issues impacting you and your business.

Dec. 2, 2011: A Legislative Look Back at the Commercial Sector

NAR Treasurer Bill Armstrong takes a look back at some of the important legislative issues for the commercial sector in 2011, related to flood insurance, lease accounting, and refinancing. He also talks about the latest commercial economic forecast and highlights a new member benefit from Chrysler.

Winter 2011: The 3 Keys to Building Relationships

Frequency, Relevancy, and Sincerity: These are the three keys to building relationships online and in life. Ravit Lichtenberg of Ustrategy advises companies and individuals on elevating their e-commerce strategies and their clients' user experience. Listen as she suggests how to integrate marketing and communications tactics with your online activity to create a stronger role as an industry leader.

Much of your business information will soon be in a 2-inch-by-3-inch device; get ahead of the curve with these innovative guidelines and suggested resources.

Commercial Real Estate Market to See Improvement in Year Ahead

ANAHEIM (November 12, 2011) - Depressed conditions in the financial and small business sectors continue to negatively affect the commercial real estate industry and the nation’s economic recovery. That’s according to economists at the Economic Issues and Commercial Real Estate Business Trends Forum at the 2011 Realtors® Conference & Expo yesterday.

During the forum, National Association of Realtors® Chief Economist Lawrence Yun shared his predictions for the commercial real estate market in 2012 and 2013, anticipating a steady improvement in commercial real... Read More

Environmental Impacts on Real Estate

Speaker: Frank Parker
Length: 30 minutes
Description: In the last year the American commercial real estate industry has been forced to deal with the Gulf Oil Spill, the Japanese Nuclear Disaster, the Arab Spring and American tornadoes. Each one possesses profound implications for the forthcoming regulatory environment in the United States. Topics in this webinar include the U.S. economy, the nuclear future, oil prices, wind tunnel and solar panel events, water access threats and carbon sequestration.... Read More

Sept. 27, 2011: Skin in the Game? Not Really the Same

NAR Treasurer Bill Armstrong explains why when it comes to commercial real estate, the concept of lenders having "skin in the game" by holding them partially responsible for loans, doesn't work and could actually harm the industry.

Fall 2011: Co-Working Spaces and Commercial Real Estate

Read Issue in Full Screen

Fundamentals of Commercial Real Estate Overview

Speaker: Cindy Chandler, CCIM, CRE
Length: 30 minutes
Description: This webinar gives you a preview of Cindy's "Fundamentals of Commercial Real Estate" course. This offers you a great introduction to the basics of commercial real estate culture, lingo, practices and marketing, along with further training opportunities and additional resources. Listen now.

Your Pipeline is Your Bloodline

Speaker: Rod Santomassimo, CCIM
Length: 30 minutes
Description: The greatest insight to deal flow and opportunities is the broker's pipeline. There is no single operational element more important than this. The pipeline is in fact, the brokerage bloodline. Listen to Signature Series Speaker Rod Santomassimo, Founder and President at the Massimo Group and hear his invaluable advice on how to properly create and utilize your pipeline for achieving maximum commissions.... Read More

Economic Outlook for Investors and Business Decision Makers

Speaker: Dr. Mark Dotzour, PhD
Length: 28 minutes
Description: Dotzour discusses the outlook for job growth in the next twelve months and what he describes as a "bi-polar" commercial real estate market. He takes a look at the health of businesses and consumers in today's economy. He also discusses Fed monetary policy and refers to Ben Bernanke as a "warrior without ammunition". This is a fast-moving half-hour of insight and analysis for commercial real estate professionals.... Read More

Liquidity in Commercial Real Estate 2011

Speaker: Rob Nahigian
Length: 34 minutes
Description: Develop your skills and knowledge in positioning your clients for the next upside in real estate. Signature Series Speaker Rob Nahigian will walk you through the state of the current commercial real estate market and offer his thoughts regarding its direction. Rob will also discuss how this recessionary market has become an optimal strategic crux for investment acquisitions and why investors are positioning themselves to act.... Read More

7 Lessons to Face to Face Business

Speaker: Dr. Margot Weinstein, CIPS, TRC
Length: 31 minutes
Description: Face-to-face networking is not always easy, even for the seasoned professional. Signature Series Speaker Dr. Margot Weinstein will share the "7 Lessons" to guide you through the entire process. Listen now.

Tips for Preparing to Lease a Commercial Building

Speaker: Richard Muhlebach, CPM, CRE
Length: 18 minutes
Description: Join Richard Muhlebach, CPM, CRE, as he offers a review of three critical components successful leasing agents use to develop a plan to efficiently and effectively lease a building: understanding client needs; developing a thorough plan of the building; and understanding the building's market position. Armed with this information, you'll be best positioned to develop and implement a marketing and leasing plan that will lead to a desired outcome.... Read More

Summer 2011: Niches and Strategies for the New Normal

Read Issue in Full Screen

Fearless Focus

Speaker: Eric Boles
Length: 28 minutes
Description: Popular Signature Series Speaker Eric Boles examines what it takes to be fearless in your business. Learn how to approach your work with focus and how to tackle initiatives by priority. Listen now.

Accelerate Your Networking

Speaker: Dr. Drew Stevens
Length: 30 min.
Description: Dr. Drew Stevens discusses how to accelerate your networking tactics to enhance your business. Learn the three most common mistakes professionals make with networking and how to change your networking objectives to maximize your relationships. Listen now.

Spring 2011: Healthcare Facilities

Read Issue in Full Screen

Flexibility Factor: How To Meet Challenges in the Current Real Estate Market

Speaker: Marsha Petrie Sue, MBA, CPS
Length: 25 min.
Description: Having a difficult time staying positively focused during this economy? Need to re-energize your success and accelerate your career? This webinar gives you tools to succeed, refocus, and maximize your talents. Reach your goals and improve your bottom line by taking control of what you can control: YOU. ... Read More

From "Free" to "Fee"

Speaker: Patricia Lynn, CCIM
Length: 30 min.
Description: Discover how you can take your business from a 'free' service to 'fee' based model. Learn what it takes to slightly change your focus to create a stronger business model. Listen now.

How to Build a Thriving Practice in Commercial Real Estate

Speaker: Bob McComb, co-Founder of Top Dogs and Signature Series Speakers Bureau member
Length: 30 min.
Description: Commercial real estate brokerage is not tough to get into—nor does take a long time to "make it." This program provides a strategy for achieving high-level success in commercial real estate. Bob McComb, co-Founder of Top Dogs, will introduce you to the world of commercial real estate brokerage and explain how to build a thriving practice quickly. You will learn the path to mastery and the... Read More

Winter 2011: SBA Loans Can Save Us Really

Read Issue in Full Screen

How and Why Clients Chose You!

Speaker: Bob Potter, author and Signature Series Speakers Bureau member
Length: 25 min.
Description: Explore a client's decision patterns involved in selecting a real estate service provider. Understanding that clients have a choice in who they select will help you to navigate the vendor selection process and ultimately win in competition. The more you understand how and why clients are making these decisions, the easier it will be to align and win.... Read More

RSS feed for Items tagged 'Commercial'

Economic Growth Drives Commercial Investments in Q1 of 2013

Commercial Real Estate Market Survey

Commercial Real Estate Lending Survey

Commercial Real Estate Fundamentals Improving, Lending Tight for Small Business

Realtors® Report Positive Trends in Commercial Market with Increases in Income, Transactions

Realtor.com to Provide Comprehensive Commercial Listings

Realtor® Confidence in Commercial Market Growing

Healthcare Real Estate: The “Retailization” Of Healthcare

Main St. and the Internet: Closing the Tax Gap

3 Mistakes to Avoid and Tips for Maximizing a Broker's Income

Coming Together for Commercial Real Estate

Empire State Building Feud Heads to Court

Gov't Tries to Unload Excess Properties

How Online Shopping Will Shape the Future of Retail

Commercial Intelligence Briefing: Discussing Social Media Strategy

Lease Accounting Progress

First Quarter 2013: The Young Professionals

Read Issue in Full Screen

Prepare Your Commercial Agents for Today's Market

Apartment, Condo Markets Remain Strong

Commercial Market Highlights and Challenges

Commercial Real Estate Sectors Steadily Improve

Multifamily Growth Poised to Continue in 2013

Owning a Rental Property Is 'Sweet Spot' in Market

What's the Impact of Social Media on Commercial Practitioners?

Transforming and Re-Imagining Suburban Office Stock

How Will Changing Demographics Affect Commercial Real Estate?

The People, The Tools, The Outlook: What You Need to Know in 2013

The People

NAR Affiliate Publications

CCIM Institute

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

From the Podium: Xceligent CEO Doug Curry

Capitol Report: All REALTORS® Must Speak With One Voice

Winter 2012: The People, The Tools, The Outlook

Read Issue in Full Screen

Commercial Grant Recipients Executive Summaries

2012 Execu​tive Summaries

Education

2012 Wrap Up and a Sneak Peek at 2013

Commercial Intelligence Briefing: How to Obtain Successful Negotiation Skills

Renters Fear Evictions From Foreclosures Too

Incentives Still Help Seal Deals, Builders Say

Household Formation to Outpace Apartment Boom

Commercial Real Estate Embraces Twitter

CIB: Land that Knockout Punch

NAR: Job Creation Forecast to Lift Commercial

Commercial Real Estate Vacancies Slowly Declining, Rents Rising

Commercial Financing Loosens Up

Rob Nahigian on Industrial Real Estate Courses

Housing Authorities Key to Multifamily

RPR Launches New Commercial Application

Top 10 Issues Affecting the Real Estate Industry

Socially Networking Your Way Into Doing Business

Engagement Factor

Middle Market Magic

Get the Economy In Focus

Terrorism Risk Insurance Act

Fall 2012: Middle Market Magic

Read Issue in Full Screen

The Art of Negotiating Skills

Home Builder Lennar Quadruples Earnings

What's in Store at the REALTORS® Conference & Expo?

San Francisco Considers Tiniest Apartments in U.S.

Investors Ready to Take Bigger Bite Out of Market

EPA Delays Proposed Lead Paint Rulemaking for Three Years

NAR Signs Onto Lease Accounting Coalition Letter

Anatomy of Lease and Avoiding Litigation

Terrorism Risk Insurance Vital to Commercial Real Estate Market

Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®

Multifamily Market Posts Strong Gains

Small Commercial Building Sales Back to 2008 Levels

More Investors See Promise in REITs

Commercial Market Survey Results

LIBOR: How You Probably Got Burned

Commercial Real Estate Recovering at a Slower Pace

Bring Value to Your Clients

Prosperous Representation Practices and View from the Edge

July 31, 2012: What Does NFIP Win Mean for Commercial Sector?

2012 Executive Summaries