Remove Construction Remove Retail Remove Tenants Remove Valuation
article thumbnail

2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. With more office workers working from home, this greatly impacts day population counts, which then directly affects retail and hotels in the core urban areas. We had a great discussion!

Lending 148
article thumbnail

Impact of COVID-19 On Appraisals

Simonson Real Estate

Retail is a tale of the haves and have-nots. Industrial sales transactions down 14%, total value up 197% – CSM portfolio Multi-Family transactions down 65% with total value down 90% Office transactions down 55% with total value down 80% Retail sales transactions down 74% total value down 89% Hotel transactions went from 8 to 0 sales.

Appraisal 143
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Hire construction professionals you trust, and maintain oversight of the project throughout its duration. This will help you ensure that the construction staff is safe. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit.

article thumbnail

Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. These factors also cause property valuation to increase.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

article thumbnail

Commercial Real Estate Niches Booming in 2021

McKissock

As new health concerns arise, the need for new construction will remain prevalent. As retail stores shut down, many businesses had to move their products online. The pandemic also made some retailers consider having a backup stockpile of items. Scientists turned their attention to studying COVID-19 and creating vaccines.

article thumbnail

Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. The gap between retailers that are doing well and those struggling is widening.