There is a major retail corridor in Alabama dotted with every major restaurant brand and retailer in the region. There are 90,000 vehicles per day, an interstate interchange, 6 million square feet of office space, a major lifestyle center, a major hospital and the residential growth just keeps going. As I write this article, there […]
Investment
Nexus Fitness Owner Opening Boutique Fitness Concept at New Ideal Lofts
New Ideal Lofts has announced that the 3,500-square-foot ground floor commercial portion of the project has been leased to X⁴ – a new gym concept by Chris Wade, owner of the wildly successful Nexus Fitness in Homewood, AL. New Ideal Lofts is a redevelopment led by Southpace’s Kathy Okrongley and Michael Randman under New Ideal […]
Micro-Unit Multifamily- The Next Big CRE Investment Opportunity?
The U.S. is in the midst of a widespread, affordable housing crisis that, in many ways, is reshaping and redefining the American dream. Recent reports reveal that almost two-thirds of all nationwide renters believe that they simply can’t afford homeownership; it’s a trend that’s likely to only gain momentum as home prices continue to soar, […]
“Medtail” Clients Gaining Momentum as Viable U.S. Retail Tenants
Medtail: medical facilities located in retail shopping centers Recent commercial real estate trends are showing that the retail space isn’t dead per se – but rather, showing signs of rapid evolution, including reimagining the resources provided within traditional brick and mortar storefronts. One industry has quickly become a favorite option for investors and business owners […]
Investment Trend: Commercial Real Estate Investors Eyeing U.S. Senior Living Facilities
Over the past couple of years commercial real estate investors—especially private equity investors—have shown an increased interest in adding senior living facilities to their portfolios, for a wide range of reasons. Still, it’s important to note that not all senior living properties are created alike. From an investment standpoint, there are significant differences between standalone […]
REITs vs. Stocks: Leveraging the Benefits of Real Estate Investment Trusts
Every investment strategy comes with its own distinctive litany of pros and cons. External factors also come into play when deciding where to invest your money. Current market temperature, portfolio diversity, and even personal financial goals can all influence your investment approach. Stocks, properties, bonds — no matter what means of investment you choose, there […]
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 risk of loss for the financers. Understanding the five C’s of credit can help you determine your current credit status as well as determine your […]
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 extensive experience navigating through commercial real estate financing as well. Our collective tenure means that, within the commercial property vertical, we’ve pretty much seen it […]
Commercial Real Estate PropTech 101
Like most industries, commercial real estate has been heavily impacted in recent years by the rapidly evolving nature of technology. One of the latest emerging innovation trends in the commercial real estate vertical? PropTech. What is PropTech? While ConTech, or construction technology, specifically targets the building industry, PropTech (as its name implies) focuses specifically on […]
New Ideal Lofts Groundbreaking
Construction began March 2019 on the New Ideal Lofts redevelopment The project has been completed and residents have moved in. For more information regarding the development, visit https://new-ideal-lofts.com/ The New Ideal building is finally coming back to life after being shut off from the city for more than 30 years. Construction on the New Ideal […]
