Industry News
Staying informed about commercial real estate (CRE) industry trends is essential for success in this dynamic field. Trends such as economic shifts, technological advancements, and changing consumer preferences directly influence property values, leasing demand, and investment strategies. By tracking these trends, professionals can anticipate market changes, adapt to new opportunities, and mitigate risks. Insights into areas like PropTech adoption or sustainable development can enhance operational efficiency and competitive advantage. Ultimately, understanding CRE trends enables businesses to navigate challenges, optimize performance, and drive long-term growth.
Background
By following CRE trends, professionals can anticipate changes in market demand, such as the rise of mixed-use developments, co-working spaces, or green building practices. Awareness of these shifts allows investors, brokers, and developers to make informed decisions, mitigate risks, and identify emerging opportunities. Below are some articles that our Artizan Advisors have published to help you understand some CRE industry trends. We hope you enjoy reading them!
Understand-ing Recent CA Housing Legislation
Recent legislative developments in California have introduced several bills that significantly impact the real estate market, particularly concerning accessory dwelling units (ADUs), housing development, and zoning regulations. These changes, encapsulated in Assembly Bill (AB) 1033, AB 976, Senate Bill (SB) 423, SB 330, AB 2011, and AB 2162, offer critical updates that real estate agents—both commercial and residential—need to understand to navigate the evolving landscape effectively. Read More...
Navigating Turbulent Waters: America's CRE Market at a Crossroad
As the dust settles from the seismic shifts brought about by the pandemic and the rise of remote work, commercial real estate markets across the United States find themselves at a crossroads. Recent data and transactions paint a stark picture of a market grappling with unprecedented challenges, with property values plummeting and vacancies reaching alarming levels. Read More...
Transformat-ions in Bay Area CRE 2024
The volatile current in the Bay Area's commercial real estate market, especially in the realm of office spaces, have been a subject of concern. Witnessing the staggering depreciation of iconic buildings and historic structures in San Francisco is disheartening. The recent sales paint a stark picture, a landscape shaped by discounts that echo the challenges the office space sector faces. Read More...
Oakland Initiates Bold Reforms for Building Permits
In a bid to rejuvenate its economic landscape, the city of Oakland is taking decisive steps to streamline permits for businesses and inject $200 million into affordable housing. Developers and business owners gathered at the "Oakland Structures" event hosted by the San Francisco Business Times to discuss these initiatives and the broader economic development projects in Oakland. Read More...