REBusinessOnline

Three Keys for Shopping Center Owners to Remember When Protesting Property Tax Assessments

Property owners should receive a Notice of Appraised Value from their appraisal district by mid-April. This year, it is imperative that retail property owners submit an assessment protest prior to the deadline and help to establish fair taxable valuations in the post-pandemic marketplace.Since March 2020, COVID-19 has brought uncertainty and ongoing challenges to real estate owners. People often discuss the commercial real estate “winners and losers” of COVID-19, and of the four …

Forecast Survey: What’s Your Take on Commercial Real Estate in 2022?

The editors of REBusinessOnline.com are conducting a brief online survey to gauge market conditions in 2022, and we welcome your participation. The survey should only take a few minutes to complete.Questions range from property sectors that you are most bullish on heading into 2022 to trends in deal volume to your outlook for interest rates.The results of our 11th annual survey will be collated and published in the January issues of our regional magazines. Conducting these surveys is …

Lee & Associates Breaks Down Third-Quarter Economic Outlook by Sector

The calculus for which asset classes are likeliest to demonstrate strong growth continues to shift as the pandemic appears to be receding. Patterns in labor shortages, supply chain issues and material costs have managed to solidify through the third quarter of 2021.Lee & Associates’ newly released Q3 2021 North America Market Report dissects third-quarter 2021 industrial, office, retail and multifamily findings, with a focus on where demand is moving and the challenges facing each …

InterFace Panel: Supply Chain Issues Continue to Challenge Multifamily Developers

By Taylor WilliamsFacing extended construction timelines and elevated costs of materials due to COVID-19’s disruption of global, national and local supply chains, multifamily developers are being forced to pivot, improvise and forge new relationships with suppliers in order to manage overall risk levels within their projects.Even before the pandemic, real estate developers and users across all asset classes understood how crucial competent supply chain management was to their budgets. …

‘Power Panel’ at InterFace Event Provides Positive Outlook for Student Housing Sector Post-COVID-19

Moving toward the start of a fresh academic year, the outlook for the student housing industry keeps getting brighter. A testament to the industry’s movement out of the pandemic is taking place at the InterFace Student Housing conference in Austin, where nearly 1,300 attendees have been able to gather in-person for the first time since April 2019. This year's event, which concludes today, is taking place at the JW Marriott downtown.The student housing sector banded together like never …

Property Tax Roundtable: Appraisers Adjust to the Pandemic With Procedural Changes

In early 2020, the rapidly unfolding pandemic threatened to derail Texas' property tax assessment and appeal process. With stay-at-home orders being issued at the same time that appraisal districts were sending out initial values for 2020, uncertainty cast doubt on how the process would proceed, or even whether it would proceed at all. Taxing entities were concerned with revenue impacts, and taxpayers were concerned about their ability to pay.Texas launches the property tax cycle every Jan. …

Multifamily Developers in Houston Focus on Affordability

With a historic drop in oil prices amid a global pandemic, fate dealt Houston a bad hand in 2020, to put it mildly. But this is not the first time the city has seen bleak conditions — and faced them down.In 2015-2016, the metropolitan area was throttled by a double whammy of an oil bust and the Memorial Day and Tax Day floods, decimating a full 10 percent of its multifamily housing stock. Yet, by 2020, the city’s job growth exceeded the national rate for the 25th consecutive month, and …

Warehouse Sector Reaches New Heights as User Demand for Flexibility, Variation Increases

By Nazir Khalfe, Principal, Powers Brown Architecture Having designed multiple millions of square feet of speculative and build-to-suit industrial buildings in my career, I’ve witnessed some striking trends over the past two decades, especially with the advancements made in tilt-wall construction. The ability to go higher and store and ship more product with today’s technology is creating an ever-changing landscape for industrial product.  We have witnessed the boom of e-commerce, …

Attention Texas Owners: Beware of Property Tax Increases During COVID-19

By Darlene Sullivan, Popp Hutcheson PLLCAs if a global economic contraction and an unfolding recession across the United States were not enough, many commercial real estate owners across Texas have seen their taxable property values increase this year. While many of these owners are calling for property tax relief to offset the financial burden they are suffering due to stay-at-home orders and business closures triggered by the COVID-19 pandemic, they may be unsure of potential remedies to …

Revenue Volatility: Friend or Foe to San Antonio Multifamily Investors?

During the great multifamily bull market of this passing decade, investors became increasingly comfortable with exposure to highly volatile metropolitan markets. In an era when it was difficult to make a bad investment decision, the most lucrative were, in most cases, located in areas of the country known for their roller-coaster real estate cycles. Indeed, it seemed as though a purchase capitalization rate could never be too low if an asset was located in one of the primary markets. Volatility …

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

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