@bethanyjbabcock But tenant mix obvs must align to surrounding demographics and density and the project must plan to adapt as that mix transitions.
Class C operators don’t have the SOI and ecosystem to plan for change and adapt at pace as population shifts demand reinvestment.
@bethanyjbabcock Are market rents enough to support adaptive reuse & is demand for mixed use present? Do replacement costs & demand support Class B office deliveries?
Ex. suburban Raleigh-Durham - Class A vac > Class B, but concentrates in 4 star; we have fewer 5 star. So, luxury MU LWP wins.
@bethanyjbabcock@patcarino@gabriel__xyz So much good stuff in everything I’ve seen from @bethanyjbabcock; I’m amazed at how she maintains her pace. But I’m also the person that hates to stop to memorialize the moment. I should be better about it.
@bethanyjbabcock Prediction: Costar’s deep pockets will create the problem, then sell the solution. It uses $$ to invest in title companies & proprietary AI to create & amplify problems. Irrespective of shady tactics, CoStar‘s strength was its analytical framework - not its irrelevant data.
@bethanyjbabcock FOMO lands hard but heads down work is actually necessary.
However, I don’t think it is misleading to believe the extremes are intensifying. Social media incentivizes and rewards clickbait regularly. Problematic when it’s used as a primary source of one’s worldview…
@bethanyjbabcock Your post is my first read after a break from social media. I paused social media to gain traction on some hurdles. So glad I happened to tune into this one!
@maseda17@TonyOnTap@slitsmoocher@unusual_whales 30% propels reshoring & instills a more robust, more secure US economy. Remember the supply shocks of the pandemic? Never good for national security, esp. as the world order continues inching ever closer to war. I'll take 30% tariffs as insurance over the worse alternative.
@TristenPalori Market demand vs supply? Trending absorption for comparable product is up or down? If you haven’t already, anticipate that and be prepared for the rebuttal or refusal to negotiate. Sounds like the present battle is a rear vs front windshield tension. I have no envy for that!
@OccupierPro@ChadGriffiths 2nd time this week I’ve heard this. Utilities monopolies block energy innovation at every turn. Grid is suffering bc of it. Agree- breaking barriers will require Federal intervention. Can’t wait for some April showers in that regard…
Challenges in commercial real estate today: finding deals that balance expenses, skill sets, capacity’s and niches with high overall costs necessary to force appreciation. The challenge tomorrow: maintaining values set by the decisions made today. Choose wisely.
@RetroCoast Regulatory standards changed under “Cash for Clunkers” under the guise of efficiency; automakers responded w/ complexity & electric vehicles, requiring “proprietary” software. Now - repairs require software codes from the dealership. Competition eroded, monopolies reinforced.
@amycalandrino Amy I am glad you are trying it out. It is quite expensive and especially off/when you add a hunting dog or three to the mix. But it will def align with a performance mindset!
@DataRepublican For the economists, how can we reconcile the conflict of interest btwn Gov & her citizens?
Private sector is simplifies to scale. How can Gov do this & better service existing contracts?
Let’s assign value to intrinsic structural alignment btwn the gov & its people.