Commercial

Commercial Regulatory Update: NAR Meets With Banking Group

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Rod J. Alba, Sr. Vice President, Mortgage Finance & Senior Regulatory Counsel of the American Bankers Association, sits down with Stephanie Spear, NAR Commercial Regulatory Policy Representative, to talk about common issues facing ABA and NAR members. Hear about what regulatory efforts ABA has been up to in 2016 and how NAR members can work more with ABA members.

Commercial Campaign

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The leg of the Consumer Advertising Campaign focusing on commercial real estate showcases to consumers the benefits of working with a REALTOR® when looking for a commercial space. The ads explain that the right commercial space is a competitive advantage and that having a REALTOR® by their side is the ultimate secret weapon when searching for that competitive advantage.

Media Partnerships

Money and Fortune

NAR is partnering with Money and Fortune magazines to create a 10-part series of articles designed to showcase unique, out-of-the-box… Continue Reading →

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Commercial Real Estate Expansion Foreseen

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WASHINGTON (August 29, 2016) — Buoyed by a steadily improving labor market and strong demand for multifamily housing, commercial real estate activity should remain on an upward trajectory, with a growing share of it is expected to be in smaller markets, according to the National Association of Realtors® quarterly commercial real estate forecast.

National office vacancy rates are forecast by Realtors® to fall 1.5 percent to 10.4 percent over the coming year as employment gains boost demand for office space. ...

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October 2016 Business Creation Index

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The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening or closing by industry, population density, and subregion. On a monthly basis, it tracks three key questions related to local market conditions: 

  1. An increase of businesses opening in local… Read More
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Commercial Real Estate Forecast in 2017 Is Strong

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ORLANDO, Fla. (November 4, 2016) — Sustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in recent years. Looking ahead to 2017, growth is expected to flow into the smaller markets, according to a commercial real estate forecast session today at the 2016 REALTORS® Conference & Expo.

Lawrence Yun, NAR chief economist, and K.C. Conway, senior vice president of credit risk management at SunTrust Bank, expressed… Read More Continue Reading →

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Feds Offering Controlling Interest in 500,000-SF Federally Owned International Trade Center

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The U.S. General Services Administration (GSA) National Capital Region (NCR) has issued a Request for Proposals (RFP) for a controlling leasehold interest in the International Trade Center (ITC) portion of the Ronald Reagan Building.

The leasehold interest will provide the selected firm with control of the space and financial responsibility associated with the operation of the ITC. While there are some contractual agreements in place for office…

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