Nick Pipitone

Pennsylvania

Staff Writer at Propmodo

Senior Digital PR and Content Marketing Manager at Green Flag Digital

Writer and Author at Freelance

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Articles

How Will Retail CRE Weather The Wave Of Pharmacy Store Closures?

Jan 15, 2025 | propmodo.com | Nick Pipitone

For decades, pharmacy chains like Walgreens and CVS have been fixtures of convenience, but a perfect storm of challenges is forcing changes. Years of over-expansions have left drugstore chains saddled with underperforming stores in a retail landscape increasingly dominated by e-commerce. Mounting government fines and strained relationships with health insurers have further squeezed profit margins.
Manufacturing Reshoring Is Breathing New Life Into U.S. Industrial Markets

Jan 9, 2025 | propmodo.com | Nick Pipitone

A manufacturing comeback is underway in the U.S. Once heavily outsourced to countries with lower labor costs; manufacturing is returning (or "reshoring") to America as companies seek to minimize risk, ensure quality, and meet rising consumer and regulatory expectations for sustainability. Several factors are converging to encourage U.S. companies to reevaluate their production locations.
Inside Multifamily Giant Greystar's Modular Construction Strategy

Jan 7, 2025 | propmodo.com | Nick Pipitone

Many in the U.S. construction industry have long dreamed of achieving a scaled-up modular building system, which is more common in Europe and Japan. Modular construction for housing offers clear benefits, but numerous challenges like varied building codes and local factory shortages have hindered its widespread adoption.
Why Hospital-to-Lab Conversions May Be a New Strategy for Life Sciences

Dec 30, 2024 | propmodo.com | Nick Pipitone

The life sciences market has come back down to earth after being one of the hottest real estate sectors during the pandemic. A boom in construction activity has led to a stark supply-demand imbalance, dragging the sector down. After hitting record levels of construction activity in the second quarter of 2024, CBRE reports that three of the biggest life sciences markets, Boston, San Diego, and San Francisco, are dealing with oversupply issues.
How Will Trump's Immigration Policies Impact the Construction Industry?

Dec 22, 2024 | propmodo.com | Nick Pipitone

Last year, the immigrant share of the U.S. construction labor force reached its highest levels on record. Native-born workers are joining the industry at a slower rate, with their total count over half a million below the record levels of the housing boom in the mid-2000s. As a result, the most recent 2022 American Community Survey reveals that the share of immigrants in construction hit a record high of 24.7 percent.
The Many Ways Trump's Second Term Could Impact the Housing Market

Dec 16, 2024 | propmodo.com | Nick Pipitone

Housing affordability emerged as a talking point during the U.S. presidential campaign, but it may not have been as crucial as some believed. According to a Redfin survey, about 38 percent of U.S. residents who had already voted as of November 1st said housing affordability impacted their presidential pick. Redfin's survey revealed that Kamala Harris voters were more likely than Donald Trump voters to consider affordable housing when making voting decisions.
Rent Control Battles Shift Locally as Federal Threats Fade

Dec 9, 2024 | propmodo.com | Nick Pipitone

As the housing crisis has intensified, the debate around rent control has resurfaced with a vengeance. The Biden administration proposed a form of national rent control earlier this year, and Democratic presidential candidate Kamala Harris suggested she was open to the policy on the campaign trail. Though President Biden's proposal was a long shot in Congress, increased talk of rent control was enough to worry some in the multifamily industry.
Why the Case Against RealPage May Be Weaker Than Some Think

Dec 2, 2024 | propmodo.com | Nick Pipitone

The legal actions against rental housing software provider RealPage have been one of the biggest news stories in the real estate industry-for a good reason. The litigation's impact could significantly change how the multifamily sector uses technology, particularly when it comes to setting rents. Not only is the company defending itself in multiple lawsuits, but some of its largest multifamily clients have also been brought into the litigation.
AvalonBay Is Leading the Way in the Centralization of Multifamily Operations

Nov 25, 2024 | propmodo.com | Nick Pipitone

The multifamily industry has had a good few decades as rents around the country continue to grow. But now it looks like many cities have hit an inflection point with rent growth stalling as housing prices come back down. While rent growth might not be increasing, inflation still is. This has created a reason for many multifamily teams to pursue cost-cutting measures. One of the ways that some building owners and managers have been able to reduce costs is through centralization.
How Geofencing Empowers Traditional Retailers in a Digital-First World

Nov 24, 2024 | propmodo.com | Nick Pipitone

While brick-and-mortar retail is far from dead, the steady rise of online shopping has led to many traditional retailers developing countless new strategies in recent years. Convenience, endless choices, and personalized recommendations give e-commerce a significant edge over physical retail when it comes to attracting and retaining modern consumers. One tool that physical retailers are using to help retailers level the playing field is geofencing.