Niche Property Types

Retiring at the Ritz

luxury hotel

There is a great deal of overlap among CRE asset classes, which I think is what makes each so interesting. Medical office buildings, for instance, are office assets modified for use by (duh) the medical profession, which makes them something…

Aging Gracefully (and Profitably)

aging population

The world’s population is growing older. Particularly in industrialized nations, where healthcare and higher standards of living promote longevity, elderly populations are beginning to comprise a larger and larger percentage of the population. If you go over to a fascinating…

Japan: Welcome to the Club?

320px-Medal_slot_machine

In the┬ápast decade or two, a few industries in particular have driven real estate investment and development opportunities in markets throughout the U.S. and around the world. One of these is healthcare. Another is e-commerce and the tech industry. A…

Big Screen Real Estate

244px-Abandoned_movie_theater_-_Middletown,_CT_-_1977

Are movie theaters obsolete? Today, consumers enjoy a ridiculous amount of variety when it comes to entertainment, with video games, cheap DVD rentals, and streaming movie and TV services (Netflix, Hulu, on-demand TV) cutting into the traditional cinema’s market share.…

The Experience Economy

room hotel

About a week ago, New York Times commentator David Brooks wrote a fascinating piece on boutique hotels, titled “The Edamame Economy.” Edamame is a metaphor for many contemporary boutique hotels that offer luxury and style in order to differentiate themselves…

Higher Ed, Higher Buildings

dorm high rise

Can commercial real estate’s recovery continue despite the Fed’s decision to wind down QE3 and allow interest rates to rise? That’s the question many in the media have asked over the last year or so as the Federal Reserve waffled…

Another Western Custom Reaches China

nursing home

The international community can say what it wants about the United States–and it does–but it can’t argue this country isn’t influential. Think of the many aspects of American culture that have found their way into other countries, both industrialized and…

300 Square Feet Doesn’t Sound Too Bad…

Scarborough_Police_Box_(Large)

In the early 2000s or so, “smaller” became synonymous with innovation. Still, the ongoing technology arms race entails creating the smallest product possible while retaining quality and functionality. It’s a complete 180 from the 90s, in which SUVs, McMansions, and…

Florida, Arizona…Colorado?

By tradition, America’s retirees are expected to migrate south. Florida, of course, holds the time-honored stereotype of golf courses, bridge games, and those electric scooters with the baskets on the front. Arizona is another popular destination. I have always assumed…