Perspectives

Critical Steps in Market Analysis for Commercial Real Estate

We at Real Estate Issues have received a request to provide Feature Articles and Perspective Columns on best practices employed by Counselors for our Global Partners’ edification.  We love a series and we are launching the Building Blocks of Real Estate Analysis series. We hope that many of you will feel compelled to write for… Read more

Features The Jared Shlaes Prize

WINNER of The 2024 Jared Shlaes Prize: Build-to-Rent Homes: A Promising Solution to Chronic Housing Shortages

The below is a reprint of the article Build-to-Rent Homes: A Promising Solution to Chronic Housing Shortages, first published in July of 2023 and recently awarded The Jared Shlaes Prize.   Introduction When homeownership is increasingly out of reach for many, build-to-rent (BTR) housing offers a desirable alternative to traditional homeownership. First, BTRs provide flexibility… Read more

Balancing Leadership: The Power of Professional Partnerships

Introduction Starting something new is often exhilarating, but it can also be incredibly isolating. As a leader, you are the one everyone looks to for guidance, direction, and decisions. This pressure can create a sense of loneliness that is difficult to shake, especially when you are used to having a partner by your side. When… Read more

Value Estimates With The Sales Comparison Approach Need More Transparency

Abstract The popular sales comparison approach used by analysts to estimate value needs further clarification to show users and the public that professional judgment is applied in every step. Appraisers label this process as Reconciliation to assure that the best data is used and the analysis is meaningful relative to other value estimates.  Future data-driven… Read more

Perspectives

Zombie Malls – Part 3: Bringing Dead Shopping Venues Back to Life Through Multifamily Development – A Hypothetical

Abstract As more retail activity goes online with Ecommerce and given the fact that the U.S. is over retailed, mall owners/developers are looking for ways to revitalize and monetize their real estate by adding multifamily to create a mixed-use environment. One of the main drivers of this effort is parking reduction, as developers and retailers… Read more

Perspectives

Finding the Direction of Future Sales Prices In a Residential Market Analysis Using the Months-of-Supply Indicator

Abstract The Months-of-Supply market statistic combines indicators of residential demand and supply to determine market trends and their impact on future transaction prices. It is available from local real estate, government, and selected university sources, or calculated using data typically found in the office. The interaction of demand and supply trends shows a shortage or surplus and the expected movement in property sales to eliminate the... Read More