Q&A: Colliers’ Food Advisory Services Group Talks Cold Storage

The cold storage sector of industrial real estate now represents a more than $98 billion market globally and is projected to have a compound annual growth of 12.1% through 2025. But as investors warm up to the cold storage sector, prices for assets are on the rise, due to undersupply. We caught up with Colliers’ […]

Commercial Projects Accelerate Focus on the Drive-Thru Lane

The COVID-19 pandemic has prompted consumers to want to stay away from large public spaces and favor more private settings or drive-thru lanes. Retailers are responding and pivoting their business models. More retailers are focusing on creating convenient parcel-pickup processes. “In the interim, outdoor food trucks and pop-up stores are replacing food halls,” writes […]

SBA Announces Easier PPP Loan Forgiveness Process

The U.S. Small Business Administration on Thursday announced a new, simplified forgiveness application for Paycheck Protection Program loans of $50,000 or less. Under the revised process, forgiveness for these smaller loans now require less documentation and fewer calculations than the previous process did. Shannon McGahn, NAR’s chief advocacy officer, says a lot of NAR members […]

Have All Real Estate Sectors Hit Bottom?

Real estate professionals in the commercial and residential sectors largely believe the industry has already hit bottom and is now on the mend with expectations of growth over the next several quarters, according to the RCLCO Real Estate Market Index, based on a June 2020 survey of hundreds of top-level real estate executives nationwide. […]