Hotel Fundamentals Pop, More Mergers on Horizon

Hotel Fundamentals Pop, More Mergers on Horizon

We recently discussed here how the hotel sector of commercial real estate was expected to experience strong fundamentals throughout 2018, as well as more transactional activity, and those forecasts have seemed to hold true so far. Some might even say that hospitality...
Will Florida’s New Mall be an “American Dream?”

Will Florida’s New Mall be an “American Dream?”

There hasn’t been a whole lot of good news about malls as of late. Legitimate forecasts or not, some say that hundreds of malls could close in coming years, due to the problems that department stores face. Well, one developer is completely ignoring those warnings....
Brooklyn Retail Stays Hot Going into Summer

Brooklyn Retail Stays Hot Going into Summer

As talk about a brick-and-mortar retail apocalypse continues to persist, some markets are bucking that trend, and Brooklyn, N.Y., happens to be one of those. Retail rents in the New York City borough continue to rise, according to recent figures by REBNY. It...
Explaining the CRE Survey Process

Explaining the CRE Survey Process

GRS Group recently brought on Kenneth Kuehm as Survey Operations Manager, a new position at the firm. He has more than 30 years of experience both at engineering and due-diligence firms, including 10 years in property management and has worked with both domestic and...