Baby Boomers and Their Commercial Real Estate Impact
When baby boomers came of age, they brought multiple changes to the workforce, entertainment and society. According to a recent video from Marcus & Millichap, this age cohort, born between 1946 and 1964, exerts as much influence as it ages and retires. Marcus...
AI is Here to Stay. It’s Important to Understand the Risks
Artificial intelligence is a tool that streamlines CRE operations, finds and analyzes data, and drives data center development, among other things. Because of AI’s multiple advantages, companies’ largest worry is being left behind. But not so fast. A recent report...
Gen Z Will Spend $145,000 on Rent by Age 30
Alexandra Both The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the job market. A report by RentCafe about these older Gen Z adults explained a couple of things: Gen Z will spend $145,000 on rent by their 30th...
Manufactured Housing: A Mixed Bag
Marcus & Millichap’s 1H 2024 “Manufactured Home Communities National Report” offered a mixed bag of good and not-so-good news. Specifically, the U.S. Department of Housing and Urban Development (HUD) is funneling more money into manufactured housing through its...
Malls: Are They Coming Back?
Malls seem to be the poster child for failed retail space. The first mall in the United States opened in the mid-1950s, and the latter part of the 20th century saw a sharp increase in mall development. But mall oversaturation, combined with the rise of e-commerce and...
RV Parks: An Up-and-Coming Commercial Real Estate Investment Asset
John Hutchinson After a long day on the highways and byways of the United States, drivers of recreational vehicles need a rest – and they find it at RV parks. For decades, these destinations have ranged from bare-bones (dirt lots with barely defined spaces) to locales...