INDUSTRY NEWS AND EVENTS
The Declining Dollar: Warning or opportunity?
For commercial practitioners a weak dollar makes property more attractive to foreign buyers, but it may also push up interest rates, making an already tough lending climate even tougher. Read how the dollar’s performance may affect the commercial market in the Winter REALTORS Commercial Alliance report, now online. Read more: http://www.realtor.org/ncommsrc.nsf/pages/archivedcommercialnewsletters
Commercial Events at Midyear Fact Sheet
RCA has created a handy PDF file of commercial events at the NAR Midyear Legislative Meetings. Download this file for a quick glance at all the activities related to Commercial Real Estate at the Washington, D.C. event. Mark your calendars and share with your colleagues! Read more, http://www.realtor.org/commercial/index.html
NAR Economist Reports on Office Space
The office market on a nationwide basis has seen little over-building, but It takes a while from hole in the ground to occupancy, but lots of office space is being built. Some markets however with new product coming on line this year don't have sufficient demand to absorb the anticipated space, a new NAR analysis shows. Check out what's happening in other markets in NAR Senior Economist Scott MacIntosh's article. Read more, http://www.realtor.org/research/commentary_new_office_supply.html
LEGISLATIVE ACTIVITY
RCA Webinar: Commercial Legislative Update
Listen from any computer as NAR legislative representatives detail the association’s latest victories and current challenges on issues impacting commercial practitioners. Issues range from flood insurance a d climate change to financial market oversight. Register today for the free April 23 presentation. Contact Kaela Altman, 888-648-8321, kaltman@realtors.org. Read more, http://www.realtor.org/commercial/April_23_webinar.html
PRODCUTS AND PROGRAMS
Commercial Board Accreditation Program Launched
State and local associations and overlay boards can convey their value to commercial members by earning recognition under the REALTORS® Commercial Alliance accreditation program, which is open to boards regardless of structure. Read more, http://www.realtor.org/commercial/commercial_services_accreditation.html
Opportunity for Business Partners to Reach Commercial Professionals
The REALTORS® Commercial Alliance hosts the only online convention and trade show exclusively for commercial real estate practitioners. If you are interested in featuring your products or services and want to reach thousands of practitioners, visit CommercialSource.com for details. Don't miss your best commercial marketing opportunity this year! Exhibitor packages start at $750, and each booth has several marketing opportunities plus a chance to collect leads. Read more, http://www.realtor.org/narlservredirect.nsf/pages/NT00000F9E
Resource Guide: Is Commercial Investing Right for You?
Inform staff and clients about the commercial real estate investment opportunity, tenants in common with the RCA Tenants in Common brochure. The brochure has valuable information for real estate professionals on the risks and rewards of this rapidly growing investment vehicle. To order¸ visit: http://www.realtor.org/prodser.nsf/products/141-400?OpenDocument
AFFILIATE NEWS
Industrial Goes Green
Read how an EPA-approved program is helping industrial property owners and managers reduce energy costs in an online exclusive report on the Certified Commercial Investment Member (CCIM) institute Web site. With government certification now a reachable benchmark for most new industrial facilities, the article says, both small and large businesses are making a push for green, finding that building sustainable product is finally financially justifiable. Read more, http://www.ciremagazine.com/article.php?article_id=1211
Report compiled by Barbara Hamlin, bhamlin@realtors.org, 312/329-8464.
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