Commercial

REALTOR® Commercial Sales Rise 11% in Fourth Quarter

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Mirroring broader trends, commercial transactions in REALTORS® markets registered a positive fourth quarter. On a year-over-year basis, sales increased 11 percent in the last quarter, as prices rose 4 percent. Cap rates continued compressing with a 50 basis point decline, from an average of 9.2 percent in the third quarter to 8.7 percent in the last. Multifamily properties recorded the lowest average cap rates, at 7.7 percent, followed by hotels, at 8.0 percent. Office and retail spaces posted cap rates ...

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Compelling Value, Collaboration, and Community

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Host Alex Ruggieri, CCIM, speaks to Lloyd Berry, CCIM, the Director of Operations for Colliers International management division.They discuss Berry’s top three pieces of advice that have contributed to the success of his firm: creating a unique and compelling market value proposition, collaborating internally, and contributing to your local and international community.

Realtors® Report Positive Outlook in Commercial Market with Increases in Sales Volume, Income

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WASHINGTON (May 6, 2014) – Realtors® who practice commercial real estate reported an increase in sales transaction volume and medium gross annual income last year, according to the 2014 National Association of Realtors® Commercial Member Profile.

NAR commercial members who were surveyed conduct all or part of their activity in commercial sales, leasing, brokerage and development for land, office and industrial space, multifamily, and retail buildings, as well… Read More

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Realtors® Declare Confidence in Commercial Market

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WASHINGTON (May 15, 2014) — Realtors® who specialize in commercial real estate expressed confidence and optimism in the market during a forum at the REALTOR® Party Convention & Trade Expo. Despite a sluggish economy, commercial practitioners are not only reporting improvements in the market, but they expect improvements to continue in the years to come.

National Association of Realtors® Chief Economist Lawrence Yun joined… Read More

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