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Industry News 

Will Commercial Real Estate Values Fall? How Investors Can Prepare

Will the commercial real estate market always go up? Of course not. But investors have been spoiled by two decades of double-digit returns that were too good to last. In 2016, returns on institutional-grade property fell below a 20-year 10.1% average for only the first time since the Great Recession, and the latest Urban Land Institute’s Real Estate Economic Forecast puts estimated 2018 and 2019 returns around 6%. Commercial real estate is cyclical, so it’s logical to expect a downturn at some point. But conventional wisdom holds that it won’t come soon. Colliers…

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Industry News 

Fed Beige Book: Conditions in CRE Improved Moderately

Overall Economic Activity Economic activity expanded at a modest to moderate pace across the 12 Federal Reserve Districts in January and February. Consumer spending was mixed, as non-auto retail sales increased in just over half of the Districts while auto sales declined or were flat in every District. Tourism activity was broadly solid, with Atlanta and Richmond recording robust growth in this sector. On balance, Districts reported modest growth in home sales and construction, with the latter constrained by shortages of labor and materials. Conditions in the nonresidential real estate…

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Industry News 

What will happen to Multi-family when boomers Retire en Masse?

In a previous post, we talked about the “Silver Tsunami”.  Americans born during and directly following the end of WWII, commonly referred to as Baby Boomers, represent the second largest age demographic group in the U.S. behind millennials. As this massive group moves toward retirement, it is signaling big changes for multi-family buildings of the future. NAI Global recently offered this look at what it means for Multi-family properties. By the Numbers There are an estimated 70K Americans turning 65 every week. By 2030, the number of Americans age 65 or…

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Industry News 

What impact could Trump’s tariff announcement have on CRE?

President Donald Trump moved to place a tariff on imported raw metals last Thursday and these new duties are already seeing economic reverberations, increasing volatility in the equity markets. But could they have ramifications on commercial real estate? Trump’s announcement of 25 percent steel and 10 percent aluminum tariffs was intended to preserve steel production jobs in the U.S. and reduce the nation’s trade deficit. While it caught some off guard, it probably shouldn’t have. “The announcement may have been a bit surprising and I think it shocked the market…

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Industry News Week in CRE 

This week in Wichita Commercial Real Estate 2.23.18

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news Gander Outdoors says it’s going into former Gander Mountain space It looks like Gander Outdoors will move into the old Gander Mountain building in downtown Wichita….Wichita Business Journal A cocktail lounge for grownups will open in historic theater space in Wichita When Steve Peters and his wife, Natalie, were living in Dallas, one of their favorite Saturday-night activities was hanging out in upscale cocktail lounges close to their home near downtown…Wichita Eagle Downtown building purchased by local…

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Industry News 

Fed Beige Book: Commercial Real Estate Activity Continues to Experience Slight Growth

Overall Economic Activity Reports from the 12 Federal Reserve Districts indicated that the economy continued to expand from late November through the end of the year, with 11 Districts reporting modest to moderate gains and Dallas recording a robust increase. The outlook for 2018 remains optimistic for a majority of contacts across the country. Most Districts reported that non-auto retail sales expanded since the last report and that auto sales were mixed. Some retailers highlighted that holiday sales were higher than expected. Residential real estate activity remained constrained across the…

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Industry News Technology 

3 big changes expected in the retail 2018 landscape

Experts predict that next year, online retail sales will almost reach $3 trillion. Predictions for brick-and-mortar retail have been dwindling over the last decade but expect big changes to reverse that trend as well. What will the retail 2018 landscape look like? Here’s what you can expect. Expect More Direct Targeted Outreach to Customers The IoT and mobile technology will likely only get broader as we move through 2018. These technologies are going to make lead generation much easier for retailers; automating more big data analysis to improve warehousing and distribution…

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Industry News Research 

Q4 2017 Transactions Report

The local real estate market is changing everyday, and we are pleased to present our Q4 2017 Transactions report to help keep you up-to-date on the latest sales and leases! Take a look at the report and then head over to our website to learn how your property could end up on this list! Q4 2017 Transactions Q4-2017 Transactions Report   About NAI Martens NAI Martens is the largest full-service commercial real estate firm in Kansas. Founded in 1948 and headquartered in Wichita, NAI Martens provides a vast array of commercial…

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Industry News 

The Silver Tsunami: Questions and Answers

Today, the Silver Tsunami is being discussed more and more. It is an issue that will affect commercial real estate and a great deal else. Read below to learn a few quick facts about this event. What is the “Silver Tsunami?” The “silver tsunami” is a phenomenon which refers to the exit of a large number of baby boomers from the workforce as they reach retirement age. News organizations have been slowly reporting on the issue for years now. It stands to have a major impact on a wide variety of…

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Industry News 

Foreign Investors Continue to Prefer Industrial Properties in 2018

The ranking, which puts multifamily in the second spot for investor preference, marks a significant change in market dynamics. For the second year in a row, industrial real estate topped the list of global investors’ preferred U.S. property types, according to the results of the 2018 survey conducted by the Association of Foreign Real Estate Professionals (AFIRE), an organization devoted to promoting cross-border investment in real estate. The ranking, which puts multifamily in the second spot for investor preference, marks a significant change in market dynamics. For a long time, as the…

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