| ASPIRE REALTY SERVICES

Celebrating Both Columbus Day and Indigenous Peoples' Day in Commercial Real Estate

As we commemorate Columbus Day and Indigenous People’s Day, we have an opportunity to reflect on the complex history that shaped our nation. Both days serve as a reminder of the impact of exploration, cultural exchange, and resilience. It’s important to recognize the different narratives associated with...

Oct 14, 2024

Office Market Reset: Navigating High Vacancy Rates and Future Opportunities

The office market is experiencing a dramatic shift, with vacancy rates projected to soar to nearly 21% by the close of 2024, according to research from NAIOP. The growing prevalence of hybrid work models has significantly curtailed demand for traditional office spaces, particularly in bustling urban centers. While...

Oct 9, 2024

Top 5 Takeaways from the Latest AI and Real Estate Keynote

The Coldwell Banker Commercial® (CBC) team was pleased to attend the 2024 C5 + CCIM Global Summit as a gold sponsor. Hosted at the Seminole Hard Rock, the CBC brand was well represented. CBC was honored to kickoff day one by hosting an exclusive happy hour where network professionals and prospects connected and...

Oct 4, 2024

Back-to-School Boom: Brick-and-Mortar's Big Comeback

The pandemic cast a long shadow over physical retail, with some experts predicting its demise as shoppers increasingly embraced e-commerce. But in a surprising twist, brick-and-mortar stores are staging a comeback in 2024, and it’s the suburbs leading the charge. The recent back-to-school season provided fresh...

Oct 2, 2024

Navigating the 2024 REIT Landscape: Thriving Amidst High Rates and Rising Defaults

High interest rates and a growing risk of defaults have created a complex yet potentially rewarding environment for REIT investors. Understanding market dynamics, maintaining disciplined financial strategies, and focusing on resilient CRE sectors are crucial for navigating this landscape successfully. One of the most...

Sep 27, 2024

Preserving the Past, Serving the Present: The Adaptive Re-use of Religious Institutions

As societal needs evolve and congregational numbers fluctuate, many religious buildings find themselves facing new roles. In 2019, it’s reported more Protestant churches closed than opened, and this was a trend exacerbated by the pandemic. These spaces, steeped in history and architectural beauty, are finding new...

Sep 24, 2024

The Power of Values in Business

As companies platforms and offerings start to homogenize, how can you differentiate yourself from the pack? On this episode, Dan Spiegel, Managing Director and SVP at Coldwell Banker Commercial sits down with Paula Young, VP of Ethics and Compliance at Anywhere Real Estate to discuss how leaning into values and...

Sep 24, 2024

The Risks (and Rewards) of CRE Debt

Today’s commercial real estate (CRE) debt market is navigating a complex environment driven by volatile market dynamics, persistently high borrowing costs, and an imminent wave of debt maturities. As debt servicing costs have risen in recent years, a growing number of CRE borrowers are falling behind on their...

Sep 18, 2024

QSR Revolution: Navigating Trends, Real Estate, and Technology in a Changing Industry

Stephen Cohen, founder of Stephen Cohen Law, is one of the premier real estate attorneys in the restaurant and retail industries. An expert in strategic planning, leasing, financing and development, Stephen provides trusted counsel for real estate-driven brands of all sizes including STK Steakhouse, BJ’s...

Sep 12, 2024

Midwest Commercial Summit 2024 Recap

The Midwest Conference, held at the AC Hotel Columbus Downtown on September 10-11, 2024, was an incredible gathering of commercial real estate professionals and industry experts. Hosted by Coldwell Banker Commercial Aspire Realty, the event featured a lineup of influential speakers, covering topics ranging from market...