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1 month ago | 
propertycasualty360.com | Nicki Howell
Selecting a restoration partner with the right experience and capacity is important for preventing project delays and cost inefficiencies. David Gavilanes, training development leader and regional business coach at Blue Kangaroo Packoutz, explains how vendor selection impacts the overall claims process, highlighting the importance of clear communication, proper scoping, and transparency.
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1 month ago | 
propertycasualty360.com | Nicki Howell
The insurance industry is facing a major shift as experienced claims professionals retire, taking with them decades of institutional knowledge. Research shows that up to 50% of today’s insurance workers may retire by 2028. While this challenge is significant for all insurance companies, it’s increasingly challenging for regional insurers with fewer training resources.
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1 month ago | 
globest.com | Nicki Howell |W. p. Carey
Tariffs, interest rate fluctuations and macroeconomic uncertainties continue to reshape the net lease investment market. As these factors evolve, investors are working to make long-term decisions in an uncertain environment. “There’s a lot of volatility, especially around tariffs and trade policy,” says Jason Patterson, executive director of investments at W. P. Carey.
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1 month ago | 
globest.com | Nicki Howell |Anthony Russo |Erika Morphy |Philippa Maister
Today’s renters are used to digital solutions in every part of their lives. Those expectations have carried over to their living spaces, with many now demanding smart home technologies and more convenient digital experiences. A recent survey found that 82% of renters want at least one smart device, or system, in their home;but deploying these can create both opportunities and challenges.
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2 months ago | 
globest.com | Ilana Polyak |Holly Amaya |Nicki Howell
In today’s capital environment, maintaining an active retail development pipeline requires a strategic approach. While the 20-year vacancy low of 5.3% may seem ripe for new development, high interest rates and construction costs remain a challenge for real estate developers. “Development activity has fundamentally shifted in this capital-constrained environment,” says Jack deVilliers, managing director at Regency Centers.
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Dec 5, 2024 | 
globest.com | Lynn Brackpool Giles |Mario Marroquin |Anthony Russo |Nicki Howell
The US retail market faces a slew of expected and unexpected challenges in 2025. Rising costs, technological evolution and geopolitical uncertainty will put retailers and investors to the test, all while they adapt to a shifting consumer. However, some key factors could bring growth, according to a recent report released by Colliers, a leading global diversified professional services company.
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Dec 4, 2024 | 
globest.com | Natalie Dolce |Mario Marroquin |Anthony Russo |Nicki Howell
As the healthcare real estate industry gears up for 2025, industry leaders are expressing cautious optimism amid lingering challenges. At a recent industry event, executives from prominent companies have shared their insights on market trends, deal activity, and the evolving landscape of medical real estate. |Market Outlook: Cautious Optimism The consensus among industry leaders is one of guarded positivity for the coming year.
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Dec 4, 2024 | 
globest.com | Erik Sherman |Mario Marroquin |Anthony Russo |Nicki Howell
Banks form one of the focal points of commercial real estate distress. They’re holding many loans, after all, so must be under pressure. And they are, but often less than one might think, according to Nathan Stovall, director of financial institutions research at S&P Global Market Intelligence. He says there are multiple pressures, but that things are in better shape than often thought.
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Dec 4, 2024 | 
globest.com | Mario Marroquin |Nicki Howell |Erik Sherman
Holiday spending in 2024 is expected to grow, offering a potential boost to retail, industrial, self-storage, and multifamily real estate sectors. But questions about consumer confidence and sentiment loom large, casting uncertainty over the season’s momentum, with industry analysts divided. Consumer savings have increased by 20% in real terms compared to pre-pandemic levels, with wages and employment showing substantial gains since 2019.
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Dec 3, 2024 | 
globest.com | Natalie Dolce |Nicki Howell |Erik Sherman |Mario Marroquin
SCOTTSDALE, AZ—Like other real estate sectors, momentum began building for healthcare deals in July. Unfortunately, in the past 30 days, people have pulled back a little bit, John Chang, SVP of Marcus & Millichap, told the audience during the opening keynote session at GlobeSt.com’s Healthcare conference on Tuesday. But prospects for healthcare and commercial real estate in general remain bright, he said. In fact, he thinks healthcare is in a better position than the other sectors.
