Commercial
Shopping Malls Adapt
Shopping malls, which McKinsey has defined as “the heart and soul of communities, the foundation of retail economies and a social sanctuary for teenagers everywhere,” have been under severe pressure from the proliferation of e-commerce and other forces. Although shutdowns and consumer reluctance to shop in person reduced average mall foot traffic by 90% at […]
08 / 22 / 22
Recruiting for Commercial
Commercial real estate still faces a hiring crisis. Though pipelines are ready to burst, employment levels are at a 50-year low. Talent recruitment poses a challenge throughout real estate management, but commercial firms face unique battles that linger from the Great Recession. Only fresh strategies can help lift these organizations out of the hiring deficit. […]
09 / 30 / 19
Conscious Commercial
Imagine an oasis of calm just outside of the bustling city, a place where the community is structured around wellness and a connection with nature. Now imagine that this place has as many fun shopping and entertainment options as a conventional neighborhood– without conventional waste issues. This place exists and it’s called Serenbe. Welcome to […]
08 / 19 / 18
Pace Setters
Appropriately for the “acceleration” theme of its global conference this week, Realcomm recently hosted a webinar in which several experts, including Yardi’s Alex Stanton, commented on the rapid pace of change in commercial real estate and new data management technology entering the marketplace. Stanton, regional director of commercial sales, said the movement toward an integrated […]
06 / 07 / 18
Tech Culture Shift
Los Angeles-based Lowe is a leading national real estate investment, development and management firm in the commercial, hospitality and residential property investment sectors. In its 46 years the company has developed, acquired or managed real estate assets across the U.S. valued at more than $28 billion. Lowe manages commercial properties for institutional clients and joint […]
04 / 24 / 18
Countering Threats
A panel of corporate security experts held a recent Realcomm-hosted webinar to discuss strategies for managing cyberattacks to buildings that are increasing in frequency, sophistication and impact. Don Goldstein, senior vice president of IT for CBRE, recounted how the “Not Petya” ransomware attack of June 2017 encrypted hundreds of thousands of computers around the world […]
10 / 28 / 17
Document Management
Longtime Yardi client Gary Shaw, president of Arizona-based commercial property manager Arcadia Management Group Inc., is a fan of doing business with a single connected solution. “Going with the single stack approach was a no-brainer,” he says, referring to Arcadia Management’s use of Yardi Voyager, Yardi Procure to Pay, Yardi Inspection and other products from […]
10 / 25 / 17
Tech Evolution
Alex Stanton, Yardi industry principal for Commercial, joined other technology experts in exploring the fast-paced evolution of technology, automation and innovation in a recent Realcomm-sponsored webinar. The six-member panel described the current real estate technology paradigm that considers tenants, guests, employees and shoppers as interrelated elements of a user experience. As a result, property owners […]
10 / 17 / 17
Cloud Clarity
A group of real estate technology experts—including Alex Stanton, Yardi industry principal for commercial—took stock of cloud computing’s growing role in real estate in a recent Realcomm-sponsored webinar, “The Latest Trends in the CRE Cloud.” With about 80% of companies running some portion of their workloads in public or private clouds, the panel explored the […]
06 / 05 / 17
Top Office Deals
The U.S. commercial real estate market took something of a respite in 2016, during a year characterized by political volatility. Compared to the previous year, when the market fired on all cylinders, office players were more cautious in 2016, with leasing and sales activity cooling down to more sustainable levels, per most industry reports. Office […]
03 / 25 / 17
Commercial Drones
The atmosphere surrounding the commercial use of drones is steeped in anticipation. It is like the seconds before a race starts: runners take their stance, the audience holds a collective breath, and the earth stands still. For years, though, there has been no burst of gunfire, no bolt towards the finish line–just anticipation. Technology advances […]
01 / 19 / 17
Shifting Skylines
Several landmark projects break ground in the U.S. just as headlines herald the slowdown of real estate investments by the Chinese. According to a Bloomberg report, American real estate transactions with China are slowing down for the first time since 2011. The loss of momentum is a result of constraints issued by the Chinese government […]
11 / 12 / 16
Retail Trends
As brick-and-mortar and e-commerce companies continue to fight for consumers’ attention and dollars, today’s customer has a plethora of shopping options at his disposal. Though online sales are expected to reach $414 billion by 2018, according to Retail TouchPoints, the majority of all retail sales still occur in physical stores, pushing companies to try to […]
10 / 10 / 16
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