Economic news
Revenue per Square Foot: Still a Reliable Measure of Success?
First thing’s first, revenue per square foot is the amount of sales revenue received, divided by the amount of retail space the business occupies. When measuring retail profitability and the… Read more
Macaroni Lofts Becoming A Reality
• Construction is expected to begin in early 2021 • Residential units pre-sales are available now. Visit https://macaroni-lofts.com/ for more information on the individual units. • 6,000 SF ground floor… Read more
Obtaining Financing For CRE Projects Part II: Understanding The Five C’s Of Credit
The five C’s of credit established a thorough system of checks and balances that weighs each component to gauge the potential for borrower default as well as the overall possible… Read more
Obtaining Financing For CRE Projects Part I: Partnering With Local Lenders
What To Know About Financing Your Commercial Real Estate Projects At Southpace Properties, our team of licensed and professional realtors doesn’t just know commercial real estate properties; we also have… Read more
What Effects Could The 2020 Presidential Election Have On CRE?
As hard as it may seem to believe, here in the U.S., we are on the cusp of yet another cycle of presidential campaigning. Prospective candidates are already tentatively dipping… Read more
Alabama Businesses Embrace CBD Oil Just Months After Farm Bill Law Update
The next potential commercial real estate gold rush is decidedly green – and many local businesses here in Birmingham, particularly those in the food, beverage, and hospitality industries are striking… Read more
5 Ways Millennials Are Redefining The Multifamily Housing Market
As the 2nd largest living adult generation in the U.S. (with numbers just under 72 million), millennials have come of age and officially proven themselves a force to reckon with… Read more
The Wellness Economy Is Taking Over The World (And Influencing CRE)
Most people equate “wellness” with a lifestyle; a term associated with holistic health choices that impact our overall physical, mental, spiritual, emotional, and social well-being. However, recent commercial trends have… Read more
Opportunity Zones Program & Commercial Real Estate Investment
At this point, most of us have heard of the Tax Cuts and Jobs Act (TCJA). Passed in 2017 and touted as the most significant tax reform legislation in over… Read more
Historic Tax Credits Increase Birmingham Real Estate Investments Demand
Many national markets continue to emphasize a “newer is better” mentality. However, Birmingham and Alabama as a whole have placed a significant focus on investing in buildings with a… Read more
