Commercial real estate opportunities abound for those who keep a mindful eye on economic, geographic and political trends, according to Aysha Cox, VP of Case. Below is an excerpt of her recent CPE column:
“Commercial real estate investors are facing an array of unusual conditions—including technology that’s changing the design and use of buildings, record-low interest rates, and even the growing trend of legalized marijuana, all of which present new opportunities and challenges.
The opportunities are multi-layered and include the chance to reshape commercial and retail facilities with Internet of Things capability. Ralph Lauren’s New York City flagship store, for example, previously debuted a “smart mirror” that let shoppers vary the changing room’s lighting, reads the RFID tags on clothing carried in and displays the items side-by-side with details like other color and size choices, and lets customers request items or seek assistance from associates with a tap on the mirror. Another example is JLL’s geofencing tool, PinPoint, which evaluates the nuances of shoppers’ behavior by analyzing mobile data, according to the global audit, consulting, tax, and advisory services firm Deloitte.” Click here to read more.
A northern N.J.-based commercial real estate investment firm, Case concentrates on transactions in the $2.5 million to $50 million range for transitional properties in the New York metro area and south Florida, as well as the Northeast and Mid-Atlantic regions. Case is active as a high-yield private lender; a financier of transitional properties; a purchaser of performing, sub- and non-performing debt; and a mezzanine and equity investor. Funds can be deployed as real estate debt purchases, bridge and acquisition loans or rescue and restructure capital. Case is one of the leading bridge lenders in New Jersey, New York and Florida.