Perspectives

Exert Control Where You Can – “Property Taxes”

Commercial real estate markets are in a transitory phase, the degree being contingent on which asset class is discussed.  Nonetheless, virtually all segments of the market are facing some significant headwinds and/or corrections.  While owners and managers cannot control macro-level forces influencing CRE value, there are indeed many things within your ability to mitigate value… Read more

Case Studies

Toward a Vibrant Downtown Greensburg, Pennsylvania

The following is excerpted from the executive summary of the final CRE Consulting Corps report presented to the City of Greensburg, the Greensburg Community Development Corporation, and the Realtors® Association of Westmoreland, Indiana, and Mon Valley. The Counselors of Real Estate® Consulting Corps was asked by the City of Greensburg, the Greensburg Community Development Corporation… Read more

Where Have All the Workers Gone? The Labor Shortage

The Labor Shortage was listed as the #5 Issue in the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Everyone, everywhere, in nearly every sector is reporting that it is difficult to find skilled, willing and able workers. Layering on top of the worker shortage are a series of trends… Read more

Perspectives

Repurposing Commercial Real Estate Impacts Urban Renewal

Urban communities in the United States have been declining in recent years — not in terms of population, but cultural and economic prosperity. The deterioration of housing and public infrastructure is perhaps the main driving force behind this trend. Old buildings from generations past sit unoccupied, taking up precious space that could serve a better… Read more

Better Know a CRE

Better Know a CRE: Marilee Utter, CRE®

Welcome to the second edition of Better Know a CRE. This series serves as a spotlight for Counselors of Real Estate leadership with the goal of helping fellow counselors and the real estate industry learn more about the organization, its happenings, and its history. Given the recent formation of the Economic Advisory Council—which offers analysis… Read more

Better Know a CRE

Better Know a CRE: Joseph G. Nahas, Jr., CRE®

Welcome to the first edition of Better Know a CRE. This series serves as a spotlight for Counselors of Real Estate leadership with the goal of helping fellow counselors and the real estate industry learn more about the organization, its happenings, and its history. Given the format shift for the 2022 Fall Annual Conference in Boston and the recent 2023 Fall Annual Conference in Vancouver — whereby the agendas focused more on opportunities to... Read More