CREI Weekly Update: March 22nd, 2021
The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing.
Tune in Mondays at 5:30pm CST to ask your questions live!
Articles Mentioned:
○ Nashville Market
https://www.bizjournals.com/nashville/news/2021/03/16/austin-top-ten-commercial-real-estate-market.html
https://www.nashvillepost.com/business/development/article/21146618/nations-property-on-river-under-contract
○ Market Watch
https://knowledge.uli.org/-/media/files/emerging-trends/2021/emerging-trends-in-real-estate-united-states-and-canada-2021---final.pdf?rev=aca3ce34701146b1b581c35fbef8da6c&hash=284FD6C4372CAA119505CE9701021E4A
https://www.fool.com/millionacres/market/georgia/atlanta/
https://www.bizjournals.com/atlanta/news/2021/03/12/atlanta-s-real-estate-market-booms-in-pandemic.html
https://www.bizjournals.com/atlanta/news/2021/01/28/cbre-atlanta-commercial-real-estate-development.html
○ Future of CRE
https://wsj.com/articles/google-invests-7-billion-across-u-s-as-it-bets-on-the-post-pandemic-office-11616069081?mod=business_lead_pos2
https://www.bisnow.com/national/news/multifamily/maa-making-brand-trying-for-hotel-type-loyalty-108146
https://www.bizjournals.com/nashville/news/2021/03/15/convenience-store-retail-chains-growth-covid-19.html
○ PE Deal Dive
https://www.bisnow.com/washington-dc/news/coworking/dc-startup-raises-25m-for-flexible-workplace-concept-108159
https://www.vox.com/the-goods/2018/10/8/17943548/spacious-kettlespace-weach-seats-restaurant-coworking
https://www.insideselfstorage.com/conversions/stuf-raises-18m-convert-unused-commercial-space-self-storage
○ Proptech
https://news.mit.edu/2020/openspace-construction-1021 https://www.openspace.ai/
○ Reading REITs
https://www.reit.com/sites/default/files/returns/DomesticReturns.pdf
In this week's Office Hours, we're diving deep into the hard lessons of real estate investing—what people wish they knew before they jumped in. A recent Reddit discussion in r/realestateinvesting revealed some brutal truths about real estate, from unexpected maintenance costs to tenant nightmares and overestimated cash flow projections, and we're going to talk about the things you should know before you start buying commercial real estate.