Perspectives
Zombie Malls – Part 1: Bringing Dead Shopping Venues Back to Life Through Multifamily Development – The Death of the Local Mall
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
The State Of Commercial Real Estate Could Be A Lot Worse
It is well known that the commercial real estate industry, and most particularly the office sector, has been reeling from the double whammy of remote work combined with a 525 basis point increase in interest rates. But here’s the good news – the situation could be a lot worse. There may be two strikes on… Read more
Leading with Creativity and Courage: An Unexpected Encounter with Selina Trepp
“I work with what I have” is a powerful philosophy. It encapsulates the idea of resourcefulness, adaptability, and making the most of the available tools, people, and circumstances to achieve desired goals. Every year, I have a personal theme and this year, I am incorporating this one. Last week, during a business trip to Chicago,… Read more
Features
A Brief Review of House Price Forecasting Methods
Disclaimer: The views in the article are those of the author and do not necessarily represent the views of Zonda or its employees. Abstract This article reviews recent literature related to house price forecasting at the national and regional levels. After discussing the existing literature, the article briefly discusses packages and modeling in R. The article… Read more
Top Ten Issues Affecting Real Estate
Supply Up, Rents Down – Not a Coincidence!
The Global Housing Shortage was listed as the #3 Issue in the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Make no mistake: The housing shortage persists. That said, the influx of new apartment supply is causing a mass deceleration of rent growth, overall, and even rent declines in markets with… Read more
Perspectives
Renewable Energy Communities: The Benefits for Businesses and Individuals
Renewable Energy Communities (RECs) represent a key innovation in the global energy landscape, providing sustainable and democratic solutions in energy production. This article will broaden the focus by exploring the benefits and applications of RECs in an international context. What are Renewable Energy Communities (RECs) Renewable Energy Communities (RECs) play a fundamental role in sustainable energy. They allow groups of people and... Read More