Commercial

Real Estate Ready for Safe, Responsible Commercial Drones

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Published in The Hill

The Federal Aviation Administration recently crossed a major milestone. 

Over 1,300 Section 333 waivers have now been issued for the commercial use of small, unmanned aerial systems – also known as UASs or drones – that weigh less than 55 pounds. That’s big news in the real estate industry, as a significant percentage of those waivers have gone to users in the business of real estate.   

Although wide-scale commercial use for drones is currently prohibited, the FAA’s work ...

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NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use

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NAR President Chris Polychron testifying before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet

WASHINGTON (September 10, 2015) – Today, National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public Policy Implications.” NAR testified on the growing interest in the use of drones, their commercial application in the real… Read More Continue Reading →

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The Relationship Between the Small Business Administration and Commercial Real Estate

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This infographic contains information from NAR’s survey of REALTORS®’ use of Small Business Administration loans, education, and training.

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Commercial Market Opportunities: Medical Office Buildings with Mark Alexander, CCIM

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Mark Alexander, CCIM, specializes in helping medical practices do sale/leaseback transactions on their office buildings. He joined this segment of the Commercial Podcast to talk about this potentially lucrative corner of the market, his experience working with clients across the country, and his time as past Commissioner of the Fort Myers Housing Authority.

Commercial Real Estate May Peak in Expensive Markets, says Realtors® Chief Economist

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WASHINGTON (November 13, 2015) — While commercial real estate has been steadily recovering in recent years, industry experts expressed concern that prices may have reached a peak during the Commercial Economic Issues and Trends Forum at the 2015 REALTORS® Conference & Expo.

Lawrence Yun, NAR chief economist, said the fundamentals of the commercial real estate market have been gradually improving and this has led to prices rising to new peaks.

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2015 Q3 Commercial Real Estate Market Survey

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The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2015.Q3 Survey Highlights

  • Sixty-three percent of commercial REALTORS® closed a sale.
  • Sales volume rose 7.2 percent from a year ago.
  • Sales prices increased 3.8 percent year-over-year.
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