All Posts from Guest Blogs
Commercial Real Estate Sales Plummet While Price Per Square Foot Reaches Record Highs in the Traverse City Area
From a commercial real estate perspective, 2023 was a remarkable year. We saw interest rates rise to levels above anyone’s prediction, major declines, and defaults in urban office...
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01.21.2024
The Benefits of Sale Leasebacks
A commercial property sale-leaseback occurs when a business that owns property sells the real estate and leases it back from the buyer so that the business may continue using the real estate....
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12.18.2023
Will the Digital Nomad Influence Commercial Real Estate?
Although Digital Nomads have been around since the 1990s, I just recently learned the term which describes a person who earns their living at locations of their choosing instead of a fixed office...
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06.26.2023
Time for a Commercial Real Estate Reset
I recently listened to a “CRE Insights” webinar with the chief economist for the CCIM institute, K.C. Conway, where he discussed the chilling effects that 10-interest rate increases in...
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05.22.2023
The Rise of the Individual Office
While demand for office space significantly decreased after the start of the pandemic, we have seen an increase in need from individual office users. As many companies shifted to a...
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10.03.2022
Inflation’s Impact on Commercial Real Estate (CRE)
Inflation has been on everyone’s minds lately as increased prices are affecting the entire economy and driving up costs for food, consumer goods, labor, housing, and commercial real estate. To...
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08.29.2022