While Labor Day marks the unofficial end of summer, it’s technically still summer until September 21. In that spirit, our editors are sharing the most read blogs from the summer that explored critical topics in commercial real estate (CRE), environmental regulations, and industry trends. Readers sought out a range of LightBox-covered topics from emerging market “green shoots,” and the latest environmental legislation, to the evolving discussion around appraisal bias. As fall approaches, grab your favorite pumpkin spice beverage and catch up on the top five blogs from this summer—just in case you missed them!
In addition to these top five blogs, readers continued to seek out the LightBox Monthly CRE Activity Index for early signs of market activity. Together, these resources provide a comprehensive view of where the market is and where it’s heading.
1. Leading Analysts Examine CRE Green Shoots in a Hyper-Local and Uncertain Market
In a market characterized by uncertainty, CRE professionals are on the watch for emerging “green shoots.” This blog unpacked insights shared by two industry experts during LightBox PRISM’s annual market update. Dr. Victor Calanog, Managing Director & Global Co-Head of Research and Strategy at Manulife Investment Management, and Torrey Littlejohn, Managing Director at JLL, emphasized the importance of hyper-local data in making smart investment decisions, especially in volatile environments. From the vibrant growth and strong economic performance of metros like Dallas to the broader geopolitical tensions and interest rate uncertainties, understanding these dynamics is essential for making informed investment decisions.
As Dr. Calanog emphasized, “The variance in expectations for when interest rate cuts will happen is a big reason why commercial real estate transaction activity still remains muted,” observed Calanog. “Investors need to remember there are opportunities, but also risks that require discipline to assess appropriately before making decisions.”
It’s a must-read for anyone looking to understand how to navigate a market characterized by caution and uncertainty.
2. PFAS and CERCLA: What’s Next?
New regulatory shifts are impacting the real estate world, and one getting significant attention this summer was the classification of PFAS (per- and polyfluoroalkyl substances) as a hazardous substance under CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act). This blog discussed how these changes impact property owners and how they could influence liability exposure and environmental due diligence. As environmental regulations tighten, the blog highlighted what’s next for the industry, providing readers with a roadmap for navigating the complexities of environmental due diligence and risk management.
3. Two Experts Reveal the Opportunities of Data Connectivity in CRE
Data connectivity is transforming the commercial real estate landscape, and two industry experts explain how integrated platforms are creating new opportunities for growth. The article emphasized the role of data transparency and accessibility in helping professionals streamline transactions and improve asset management. Additionally, the experts pointed to nontraditional data sources and AI to help CRE professionals gain deeper insights and make more informed decisions, ensuring their properties remain competitive and resilient.
4. Appraisal Bias Focus Three Years Later: Anticipating Future Improvements in Appraisal Fairness
Three years after heightened scrutiny around appraisal bias began, this blog examines how the industry has responded and what steps are still needed to improve fairness. The article explored the reforms being implemented to address bias in property valuations, such as changes in appraisal standards and the push for more diversity within the appraisal profession. This is a key read for those interested in understanding ongoing efforts to ensure more equitable and accurate appraisals in the future.
5. The Crucial Role of Zoning Reports in Lending
Zoning reports play a pivotal role in lending decisions, and this blog explains why lenders increasingly rely on these reports to assess risks and opportunities. The article outlined how zoning compliance and restrictions can affect property values and financing terms, making these reports essential for due diligence. It provided an overview of the growing importance of zoning analysis in both commercial and residential real estate, ensuring the viability of lenders’ investments and minimizing risk.
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