As developers reduce every possible expense in a tight market, what are overlooked ways to improve their competitive position? Tax attorney Ben Blair, a partner at Faegre Drinker Biddle & Reath LLP, said that while you may not be able to move the building to a better location or put an intensive capital investment into improvements, you can work to lower your tax bill.
Generative AI is not just a tool of the future. Practical applications are already at work today in investment, acquisition, financing, asset management, debt management and more. At this week’s NAIOP CRE.Converge conference, Laura Krashakova, CEO at Smart Capital, shared insights into ways companies can use Generative AI to cut costs and automate their way to peak efficiency.
The supply imbalance in the office market has been stark the last few years, but panelists at NAIOP’s CRE.Converge conference this week identified bright spots and emphasized the possibilities for creative investors.
The ideal industrial real estate site criteria have evolved with the economy. “It’s power, power, power instead of location, location, location,” said Damon Austin, managing director, global head of customer led development, Prologis, during a session at CRE.Converge. “Power from a logistics perspective, it really is more critical than ever.”