The NAIOP Research Foundation commissioned this report to examine the economic benefits of commercial construction across four distinct CRE asset classes, namely industrial, retail and hospitality, office, and institutional multifamily housing during 2024. The report also…
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Michael Tait, a winner of the Developing Leaders Award and an active member of CREDA Maryland, has built his commercial real estate career around relationships – and now he’s using those relationships to help open doors for the next generation of industry leaders.
With the 2026 FIFA World Cup making headlines, a recent PropertyShark market study revealed that in five of the 11 hosting cities, the cheapest available ticket for the most expensive game is now on par with – or above – a full month of rent or mortgage payments. Even at the low end, seats for many of the most…
Tenants demands have been evolving since the start of COVID-19. While today’s tenants generally need less overall space, the full picture is more complicated than that. When a company is moving into a new space – whether due to right-sizing, relocation, or another need – they need to make the space their own. This…
Today, I am proud to announce a pivotal moment in our association’s history: We are now the Commercial Real Estate Development Association (CREDA). This change goes far beyond a name change; it signifies a clear statement about what our association stands for, who we serve and where we are headed.
Americans are moving less. In 2024, about 7.15 million people relocated across state lines, according to a recent StorageCafe analysis. The number, representing 2.1% of the U.S. population, is the lowest interstate mobility rate in more than a decade and a clear step down from 2.5% in 2022 and 2.3% in 2023. The…
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