Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
The prevailing thought about the Federal Reserve stimulating the economy with injections of newly printed money, to rebound from the COVID-19 pandemic, is that inflation will be temporary. The Fed has assured us that as production gets back to normal, prices will come down to stabilized levels and this will keep our economic engine humming as it did before the pandemic. But what if higher labor costs and rising housing expenses are the new normal and don’t come back down?
Join three CBC distinguished professionals as they share best practices and experiences on how they navigated through Commercial Real Estate to become the professionals that they are today. We will hear from Kathi Constanzo, Coldwell Banker Commercial NRT in Pasadena, CA, Ryan Murphy, Coldwell Banker Commercial Devonshire in Champaign, IL and Nathan Matelich with Coldwell Banker Commercial CBS in Billings Montana.
This month we discuss some great new podcast episodes that dropped the past month in July. We also share some new recruitment materials, an update to our Demographics tool and information on upcoming training.
On this episode, Dan Spiegel, Managing Director of Coldwell Banker Commercial, takes a deep dive into the recently published 2021 Mid- Year Update report, where they look back on the first half of 2021 and cover likely CRE trends for the remainder of the year.
The numbers for the first half of 2021 show that market activity has resumed, and commercial real estate is recovering ground lost during the COVID-19 pandemic. There was a significant decline in sales and leasing activity at the outset of the pandemic in 2020 and although there has been a subsequent spike in construction costs, CRE markets are faring better than expected.
The success and growth of CBC Worldwide is directly correlated to its people. That talent, dedication and expertise is contributed by more than 2,000 professionals at 200 companies throughout the U.S. and internationally. Currently,140 of the brand’s brokerage professionals have earned the prestigious Certified Commercial Investment Member (CCIM) designation by the CCIM Institute including three recent inductees Michael Salik, Virginia “Ginny” Squire and Rob Thomas.
On this call we talk about 1031 tax deferred exchanges with Owen Glodt. Owen is VP of Business Development Realogy 1031 Services, and the Team Leader of TitleOne Exchange and Trust Services. Owen discusses the mechanics of IRS 1031 Exchange tax deferred transactions and when investors can take advantage of them. We have been hearing about 1031s in the news, but its often confusing, Owen clarifies what these exchanges are and how they work.
As most students resume in-person learning this fall, there are several implications for the commercial real estate market. From private schools to higher education institutions, the world of academia is turning a new page after the COVID-19 pandemic forced millions of students into virtual classrooms.
MADISON, N.J. (July 14, 2021) – Coldwell Banker Commercial, a Realogy (NYSE: RLGY) brand, announced five brokerages joined the brand in the first half of 2021.
This month we discuss some events that happened in June as well as some upcoming events and educational opportunities in July. We also share news on new companies that joined CBC, a new awards brochure and more!