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Several factors drive consumer adoption according to Toluna, a consumer insight company. Commonplace services such as same-day delivery, ride sharing apps and on demand entertainment are at the forefront of Toluna’s study on consumer adoption. According to the study 71% of consumers have used fast shipping retailers like Amazon and Walmart. Netflix and Hulu were […]
Datacenters are basically warehouses for “1’s” and “0’s, the cyphers that make up the entire world of data, and generated by either an “on” or “off” switch of electricity. It’s all that simple and that complex. It’s called binary code for you non-nerds in the audience. Now the interesting thing about 1s and 0s is […]
The Alamo City hasn’t experienced the significant headaches that Austin or Houston has seen in recent years. San Antonio saw a net growth of 24,000 people last year. Many of them are millennials hoping to escape higher costs of living or looking to start their next career in biomedical, tech, or military. Most cities experience […]
Asking rents ended the first quarter of 2018 at $22.01- an all-time high. With a population growth of 2.0% last year, San Antonio’s economy continues to grow. Most recently, job growth increased at a 2.9% annualized rate over the three months through February, with the greatest job growth seen in manufacturing, mining and construction. Total […]
When I first entered the commercial real estate business there were many metrics I needed to learn; for example, how many square feet are in an acre (43,560). One of the metrics I learned is that the average space used by an office worker was about 250 square feet. This takes into account not only […]
The Texas hospitality sector can expect continued growth this year. Approximately 200 hotels are under construction in the Lone Star State along with another 276 expected to break ground this year. Hurricane Harvey’s displacement of residents and raising Revenue Per Available Room (RevPAR) has the San Antonio hospitality sector taking off. Occupancy rates are expected […]
The housing industry has “sort of recovered,” in the words of Jim Gaines, Chief Economist of The Real Estate Center, continuing that a full decade after the start of the Great Recession, home building still isn’t all the way back. “Theoretically, housing is around 75 to 85 percent of where it should be,” he said. […]
Changes are on the horizon for San Antonio multi-family investments. Forecasts for renters in San Antonio this year may be great; however, several factors are making it tough to invest in multifamily properties. While renters may be rejoicing, investors are finding it hard to deal with the recent changes to the tax code, higher interests […]
Image Source: FilmStrong Productions Investment Realty Co. L.C., would like to announce they have a certified FAA drone pilot employed by their company. After taking over all marketing duties, Michael Johnson, marketing manager for Investment Realty Company, became a UAS drone pilot in order to produce more content for IRC’s listings, investors and social media. With […]
Mae West once said, “Too much of a good thing can be wonderful!” That may be where commercial real estate is at this time in history. CRE has appreciated greatly over the past 8 years and all sectors are pretty fully valued at this point in the economic cycle. So much so, that the few […]
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