Commercial Digest, November 2018

Positive Economic Outlook Provided at REALTORS® Conference & Expo Dr. Lawrence Yun, NAR®'s Chief Economist, and Dr. Sean Snaith, Director of the University of Central Florida’s Institute for Economic Competitiveness, forecasted steady growth into 2019 for a healthy commercial market, but anticipate some difficulties remaining regarding regulatory issues and rising interest rates. Access Dr. Yun’s slide deck for key takeaways from the session.

NOVEMBER HIGHLIGHTS

Save Big on World-Class Opportunities at MIPIM

Plan to attend the 30th Annual MIPIM World Conference in Cannes, France, this March and connect with: 26,000 Participants, 5,400 Commercial Real Estate investors, 3,800+ CEOs & C-level pros, 3,100 exhibiting companies, 360+ speakers, and 100 countries! Best of all, you save over $900 on registration for one of the largest commercial real estate development events in the world with NAR's exclusive member discount.

QOZs Generate Possibilities in Distressed Communities

Congress created the federal Qualified Opportunity Zone (“QOZ”) program in the 2017 “Tax Cuts and Jobs Act” to encourage economic growth in underserved communities through tax benefits to investors. Get a helpful overview of the program with this online resource from NAR designed to convey key background information, outline potential tax benefits, and link to maps enabling you to locate real estate within opportunity zones.

Discover What You Missed At The REALTORS® Conference & Expo

Explore NAR's Conference Live for the inside scoop on “everything commercial” at the annual conference in Boston earlier this month, where hundreds of commercial real estate practitioners shared ideas, networked, and conducted business in committees, education sessions, and social events.

New Report Provides an Inside Look at Industrial Investment

Download SIOR’s “Fall 2018 Industrial Investor Sentiment Report,” for insight from SIOR and Real Capital Markets on e-commerce, interest rates, last-mile facilities, and more.

RLI Wants Feedback From Land Experts Like You

Take the REALTORS® Land Institute’s Land Markets Survey before Nov 16 to be the first to get a FREE copy of the results and be entered to win one of two $50 AMEX Gift Cards.

QUICK HITS

RPR®: An exciting new feature enables users to run custom Commercial Trade Area Reports comparing 3 minute, 5 minute, and 10 minute drive or walk times; or 1 mile, 3 mile, and 5 mile radiuses starting from a single point.

EDUCATION: Increase your knowledge and networking opportunities by earning official NAR designations and certifications. REALTORS® get a 20% discount in November on Center for REALTOR® Development online courses.

RESEARCH: ICYMI, the Q3 Commercial Real Estate Outlook  forecasts commercial investment trends have already shown in pricing, cap rates seem to have found a floor, and some property types have already begun to turn upward.

MEMBER BENEFITS: Your exclusive window to purchase a .realestate web addresses closes on November 16. 

CCIM INSTITUTE: Need help making a data-driven real estate decision? Use this powerful tool to track down a CCIM in 1,000 markets around the globe.

IREM®: Learn more about current trends and acquire skills for immediate on-the-job application with convenient one-hour, on-demand courses.

CRE®: Dig into The Counselors of Real Estate®’s "Top Ten Issues Affecting Real Estate™" for an in-depth look at the key factors most likely to have the biggest current and longer-term impacts on real property.

TECH: Add to your tech toolbox with this useful guide to commercial tech apps, tools, and exclusive discounts for NAR members.

Your Digital Magazine Is Here! Summer 2018 RESEARCH / CCIM’s Chief Economist (RE)Defines Adaptive Reuse ADVOCACY / E-Commerce Sales Tax Win EDUCATION / Property Management Mistakes to Avoid PLUS / How To Market Your Property, An Inside Look at MIPIM, & More