It’s only been a few months since OpenAI’s new AI chatbot ChatGPT launched, but it already feels like the tech is everywhere. By now, you’ve probably already read that it’s managed to pass university exams, is causing chaos in schools, and, like the image creator DALL-E2, has creatives on edge across the globe.

In our first edition of ‘By the Numbers,' we touched on Net Operating Income (NOI) as it relates to the calculation of capitalization rate or ‘cap rate.’ As we showed there, the cap rate is related to a property’s first year of NOI and can help investors and commercial real estate (CRE) professionals determine whether a property is a good potential investment.

Over the past few years, a fact that’s become increasingly clear to employers is that the labor market, the role of the workplace, and the opportunities employees are looking for have all changed. To adapt, companies have had to change their own approach to attracting talent.

Perhaps one of the biggest trends we’ve seen come out of the pandemic is the conversion of offices and other assets to meet growing demand from the multifamily sector. This process of ‘adaptive reuse’ isn’t anything new. It’s been a solid strategy for shifting value in commercial real estate (CRE) for decades, and has been used to reimagine and repurpose everything from schools to power stations.

NAI Global annually recognizes producers individually and as teams, who are handling the highest volume of multimarket business.

In our first installment of “By the Numbers”, we looked at a common metric for return on investment: a property’s capitalization rate or “cap rate.” As we saw there, many…

It’s the start of a new year and the perfect time for a fresh look at what’s happening in the world of commercial real estate (CRE) around the globe. With…

This unique property, at 350 Memorial Drive, offers unparalleled potential for “special use” or redevelopment. The 78,378 SF property includes two interconnected buildings, set in the leafy heart of Chicopee…

In a recent report, global ESG (Environmental, Social, and Governance) benchmarking organization GRESB highlighted some positive sustainability trends in real estate investing and management, stating they saw: “The largest ever…

The start of a new year is always an interesting time for commercial real estate (CRE) professionals. While some deals may have slowed down over December, there’s now plenty of…

Over the course of 2022, as part of our regular “CRE Terms” blog we’ve delved into top terminology, jargon, and concepts that every commercial real estate (CRE) professional needs to…

It’s that time of year again, and Urban Land Institute (ULI) and PwC have released their 2023 “Emerging Trends in Real Estate” report for commercial real estate (CRE) professionals to…