070. Commercial Real Estate News and Trends: CREI Weekly Update Sept 15th, 2021

Commercial Real Estate News and Trends: CREI Weekly Update Sept 15th, 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.tennessean.com/story/money/real-estate/2021/08/14/market-spotlight-lebanon-features-history-huge-fair-and-hot-track/5562242001/

https://www.nashvillepost.com/business/health_care/covid-19-update-tennessee-outbreaks-among-worlds-worst/article_bf01acba-0cb0-11ec-b291-3ff625146132.html

https://www.nashvillepost.com/business/development/mixed-use-building-to-interact-with-downtown-alleys/article_23eda83e-0b69-11ec-99da-1762ed388139.html

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.seattletimes.com/business/real-estate/seattles-housing-market-is-cooling-but-that-doesnt-mean-its-affordable-see-whats-happening-near-you/

https://webcache.googleusercontent.com/search?q=cache:https://www.globest.com/2021/08/16/the-mogharebi-group-expands-to-seattle/

FUTURE OF CRE

https://www.cnbc.com/2021/08/12/lumber-executive-says-drop-in-prices-has-reignited-demand-for-building-projects.html

https://www.bisnow.com/national/news/multifamily/eviction-crisis-happening-now-no-cdc-moratorium-110072

https://webcache.googleusercontent.com/search?q=cache:https://www.globest.com/2021/09/07/survey-shows-more-interest-in-moving-apartments-up-to-8m-lease-signings-expected-in-next-six-months/

PE DEAL DIVE

https://webcache.googleusercontent.com/search?q=cache:https://www.globest.com/2021/09/07/columbia-property-trust-to-be-taken-private-by-pimco-in-3-9b-deal/

PROPTECH

https://www.constructiondive.com/news/autonomous-technologies-can-help-alleviate-the-labor-shortage/573956/

READING REITS

https://seekingalpha.com/article/4450875-mall-reits-fears-of-double-dip

WILDCARD

https://www.reuters.com/business/finance/el-salvador-leads-world-into-cryptocurrency-bitcoin-legal-tender-2021-09-07/

Featured
297. First Commercial Deal—What Went Wrong? | Investors Round Table
297. First Commercial Deal—What Went Wrong? | Investors Round Table

In this episode of the Investors Round Table, we’re diving into the hard lessons learned from our first commercial real estate deals—the mistakes, the surprises, and the critical takeaways every new investor needs to know. Logan, Matt, and I will share real stories from our first commercial transactions, breaking down what went wrong, how we overcame challenges, and what we would do differently today.

296. Listen to This Before Buying your First Commercial Property (Office Hours)
296. Listen to This Before Buying your First Commercial Property (Office Hours)

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.

295. Are Distressed Properties the Opportunity of 2025? - Brokers Round Table
295. Are Distressed Properties the Opportunity of 2025? - Brokers Round Table

Join us for a dynamic roundtable discussion with top brokers Chad, Jesse, and Adam as we dive into the rising trend of distressed commercial property sales, like the recent high-profile losses in Nashville.

294. Tenants Moved Out but Still Pay Rent? (Office Hours)
294. Tenants Moved Out but Still Pay Rent? (Office Hours)

Join me in this week's Office Hours as we dive into the unique investment opportunities and challenges of dark and vacant commercial real estate. We'll discuss scenarios like tenants going 'dark' (still paying rent but ceasing operations) and how these situations can impact neighboring tenants, property value, and lease agreements. I'll also cover strategies for investing in discounted dark NNN properties, how to evaluate their potential, and key considerations when re-leasing the space.

293. I Bought a FAILING Self Storage Facility
293. I Bought a FAILING Self Storage Facility

Self storage is one of the hottest asset classes in commercial real estate these days and I'm excited to get my hands on my first one right up the road from my office here in Nashville. However, this storage facility certainly isn't...without its issues. Today, my partner, Jacob, and I will dive into our first month of owning the self storage facility and what we're planning to do with it over the next few years.

292. Is The CRE Job Market Cooked? (Office Hours)
292. Is The CRE Job Market Cooked? (Office Hours)

In this episode, we'll be discussing the current state of the commercial real estate job market. Is it tough to find jobs right now, especially in asset management and private credit? I'll share my insights and advice on breaking into the industry, even if you're just starting out. We'll also cover creative financing strategies that can help you get deals done, even if you don't have a ton of capital.

291. Inside the Mini-Boutique Hotel Revolution
291. Inside the Mini-Boutique Hotel Revolution

In this conversation, we explore the Swepson Guesthouse project with Andrew Llewellyn, CEO and Founder of Super Stays STR, a hospitality innovator based in Louisville, Kentucky. Andrew shares how the Swepson Guesthouse—an expansive 10,000-square-foot property with 15 bedrooms, 10 bathrooms, and the capacity to host up to 42 guests—was transformed into a premier destination for large group accommodations.

290. Closing Out 2025 & Upcoming Projects (Office Hours)
290. Closing Out 2025 & Upcoming Projects (Office Hours)

This will be my FINAL Office Hours of the year since I'll be taking off for my 30 day sabbatical on December 15th. Let's dive into y'all's questions on commercial real estate and talk about getting ready for the new year.

289. We're FINALLY Making Progress on This Hotel
289. We're FINALLY Making Progress on This Hotel

In this episode of the Commercial Real Estate Investor Podcast, I sit down with Jacob Kromhout, my project manager from Bentwood Construction, for the latest updates on Salt Ranch, our boutique hotel renovation project in East Nashville. From historic challenges to design choices, we cover it all: Site Progress: Updates on sewer and drainage installations, the addition of a new retaining wall, and smoothing out outdoor areas for guest amenities.

288. Appraisals, Land Flip, Commercial Condos, And More
288. Appraisals, Land Flip, Commercial Condos, And More

We're back from Thanksgiving week and going live at 8:30am CST for "office hours" to answer your questions about commercial real estate on the show. Let's hear what you'd like to know when it comes to brokerage, investment, and development!