Last week we expressed the importance of a “real estate check-up” to make sure your real estate investment strategy is aligned with the significant changes in market conditions we experienced in 2022.

Until recently, market valuations and rents were headed in one direction-UP, but the weight of inflation, rising interest rates and lingering effects of the pandemic are now pulling in the other direction, just as gravity grips a rocket that runs out of fuel before reaching orbit. That has business owners like you scrambling for ideas on how to maintain profitability under increasingly difficult circumstances.

Read More

Few would challenge the wisdom of getting regular medical checkups to preserve your health or servicing your car to make sure it is properly lubricated and functioning normally. Well, we think the same logic also applies to your role as industrial property owner.

Read More

For the past 10 years, industrial property values have been on a tear, setting new records with every sale. But the market finally hit a cyclical apex in Q3 at a price point double that of the previous peak in 2007.

Read More

Q3 results for the Orange County and Mid Counties regions still reflect tight market conditions caused by persistent low vacancy and the absence of sufficient new deliveries to meet demand.

Read More

In the first two installments (see below) of our series regarding the potential impact of a recession on the commercial property sector, we discussed the probable reduction in transaction velocity, a flight to quality that would negatively impact functional obsolete properties, an increase in institutional ownership and a cap on the prolific rent growth we have seen over the past few years.

This combination alone would be enough to precipitate a substantial correction in property values.

However, there is more to story which we address in this third installment.

Read More