Filtered by category: Industry Clear Filter

Tax Alert: Proposal To End Carried Interest Loophole

Originally published on February 20, 2025, by Bergin Fisniku for Elliott Davis.

At the beginning of February, President Trump outlined his tax priorities in a meeting with Republican lawmakers, revealing a few new proposals not previously mentioned on the campaign trail. One notable item on his agenda is the push to end the so-called “carried interest loophole.”

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Special Statement from REBIC | Transportation Referendum Legislation (S.B. 145)

The Real Estate and Building Industry Coalition (REBIC) wishes to applaud the efforts today of Senators Bill Rabon, David Craven, and Vickie Sawyer for filing Senate Bill 145, Mecklenburg Transportation Referendum. This legislation, which REBIC strongly supports in conjunction with our partners in the business community and throughout Mecklenburg County, is an important financing tool that will enable our community to address the transportation infrastructure challenges arising from the 100 people a day moving here as we continue to be one of the most attractive regions in the nation in which to live and do business.

Leadership within our county, city, and towns continue to face budget shortfalls when trying to keep up with rapidly expanding transportation needs. The real estate industry recognizes this and knows that the solutions provided in S.B. 145 will enable continued growth and prosperity by providing an opportunity for local decision-makers to invest in transportation solutions. Without solving our infrastructure challenges, our region will continue to be constrained in our ability to provide people with mobility choices, and provide for the movement of goods and services in the most efficient and cost-effective manner possible. This investment will literally pave the way to continued opportunity and growth with direct funding for more road infrastructure and a comprehensive mobility solution for all of Mecklenburg County.

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Scott Jennings on Political and Policy Trends in the New Administration

Originally published on February 20, 2025, by Marie Ruff for NAIOP.

 

A new year always generates a flurry of activity on Capitol Hill, and a new presidential administration amplifies the flurry into a whirlwind of new policies, initiatives, personnel, and more. During NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) earlier this month in Washington, D.C., members had the opportunity to hear from someone with extensive experience as a presidential advisor and political analyst.

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Lawdragon Honors Mary Katherine Stukes as Leading Environmental Lawyer

Originally published on February 2025 by Moore & Van Allen.

NAIOP Charlotte Member and Moore & Van Allen's Head of Environmental, Mary Katherine Stukes, was named to the 2025 Lawdragon 500 Leading Environmental Lawyers – The Green 500 guide.

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2025 NAIOP NC Conference Postponed

NC Conference has been postponed to March 4-6

Join Us on Our Rescheduled Dates!

Due to inclement weather concerns, the NAIOP NC Conference on February 20-21 has been postponed. Above all, the safety of our event attendees remains our top priority.

The conference will be moved to March 4-6, 2025 (optional networking on the 4th, sessions on the 5th, and check-out on the 6th). We recognize that this timing coincides with other industry events and have coordinated with relevant groups to notify them of the change.


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CL&LR Marks Important Week for NAIOP Federal Advocacy

Originally published on February 5, 2025, by Aquiles Suarez for NAIOP.

 

[In early February] NAIOP members from the U.S. and Canada attended NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) in Washington, D.C., with U.S. members scheduling meetings with their senators and representatives to educate elected officials on the issues important to the commercial real estate industry. Our annual CL&LR is an important event and is the kickoff to what is certain to be a consequential year for commercial real estate in terms of federal legislation. Just as important as the substance of the issues that will be at the center of the discussion during NAIOP’s Capitol Hill meetings are the relationships that exist and are fostered between elected representatives and their local NAIOP constituencies. The message coming from NAIOP members who are also constituents tends to leave a lasting impression on elected officials and their staff.

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CRE Leaders: What’s on Our Minds for 2025

Originally published on February 10, 2025, by Brielle Scott for NAIOP.

 

Mark Zandi, chief economist at Moody’s Analytics, shared an overview of the macroeconomic environment and potential policies of the new administration on a recent webinar hosted by Marcus & Millichap. A panel discussion followed, and NAIOP President and CEO Marc Selvitelli joined Zandi, along with Jeffrey D. DeBoer, president and CEO of The Real Estate Roundtable; Hessam Nadji, president and CEO of Marcus & Millichap; and Sharon Wilson Géno, president, NMHC, to discuss key trends for commercial real estate.

 

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Mary Katherine Stukes Named a Charlotte Business Journal Women in Business Honoree

Originally published on January 27, 2025, by Moore & Van Allen.

Mary Katherin StukesNAIOP Charlotte Member and Moore & Van Allen's Head of Environmental, Mary Katherine Stukes, was selected for the Charlotte Business Journal’s 2025 Women in Business Awards program.

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New Report: 2025 Economic Impacts of Commercial Real Estate

Originally published in January 2025 by Brian Lewandowski, Adam Illig, Ethan Street, and Richard Wobbekind, Ph.D. by the NAIOP Research Foundation.

The NAIOP Research Foundation has published the annual Economic Impacts of Commercial Real Estate, 2025 U.S. Edition, research study. The combined economic contributions of new commercial building development and the operations of existing commercial buildings in 2024 resulted in direct expenditures of $898.5 billion and the following impacts on the U.S. economy:

  • Contributed $2.5 trillion to U.S. GDP.
  • Generated $862.5 billion in personal earnings.
  • Supported a total of 14.2 million jobs.

Other highlights from the report:

  • Each $1 of construction spending generated a total value of $2.95 for the economy, reflecting the cumulative effects of the initial construction expenditures as they cycle.
  • The U.S. Census Bureau estimates that private data centers represented 28.7% of office construction value in 2024, an increase from 19.7% in 2023. This is the first year the organization has separated data center construction from financial and general office construction.
  • Industrial (manufacturing) and warehousing starts are down but still significantly above pre-pandemic levels. Much of the new online construction can be attributed to recent reshoring efforts in the U.S., including the CHIPS Act and Inflation Reduction Act.
  • Demand for retail space in 2024 remained strong and shifted toward smaller, more creative spaces. Successful retailers offered experiential shopping with a more personalized touch or other activities, such as dining, for consumers to engage in between shopping. While larger department stores struggled, retail as a whole proved resilient.
  • Some cities have experienced a larger recovery in office attendance than others. New York, for example, reached 82% utilization as of October 2024 and 91% for top-tier office buildings, indicative of a shift in demand to high-quality office properties. See data by State.
Download the Report

CRE Outlook for 2025: Cautiously Optimistic

Originally published on January 6, 2025, by Ed Finkel for NAIOP.

The fortunes of the commercial real estate sector should be somewhere between status quo and modestly improved over the next year, with housing, industrial, data center, and advanced manufacturing among the most dynamic asset classes, according to a cross-section of developers and investors who sit on NAIOP’s board of directors.

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The Country’s Largest Urban Hot Spots Embrace Adaptive Reuse in Self-storage

Originally published on January 9, 2025, by Maria Gatea for NAIOP.

Self-storage construction has been on an upward trend since 2020 as the sector has become increasingly popular with American consumers, offering flexible solutions for life’s many transitions. While new construction has dominated the industry for decades, a significant shift is occurring: Existing industrial and retail buildings are being converted into self-storage facilities. This trend is optimizing urban real estate and meeting the growing demand for storage in densely populated areas.

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2025 Cornerstone Sponsorship Opportunities

2025 Cornerstone Sponsorship Info

2025 Cornerstone Sponsorship OpportunitiesNAIOP Charlotte has a strong and active membership comprised of commercial developers, owners, brokers, bankers, architects, engineers, attorneys, and title companies working to advance all commercial real estate sectors.

The Cornerstone Sponsorship supports and enriches the Charlotte Chapter while offering professionals and organizations an opportunity to build and strengthen relationships, increase brand visibility, attend key industry events, and have an active voice in Charlotte’s commercial real estate activities.

Cornerstone Sponsorship Program

2024 Annual Meeting Resource Information

On December 4, 2024, NAIOP Charlotte hosted the Annual Meeting: Navigating the Horizon in 2025. The panel peeked into the future of Charlotte's commercial real estate landscape as we explored the public policy shifts, legislative changes, and evolving business practices poised to shape the industry. Below are resources to dive deeper into the discussions.

ESG Reporting Requirements

A New Chapter in Life Sciences Real Estate

Originally published on December 16, 2024, by Daniel Maldonado for NAIOP.

As we approach the end of 2024, the life sciences space is undergoing a noteworthy transformation. After a sharp post-COVID-19 downturn for the sector, there is a significant revival in venture capital activity, strategic landlord adaptations, and evolving market dynamics on the horizon that may shape the future of life sciences real estate for the better.

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Major Changes Coming to Charlotte Regional Business Alliance

Originally published on December 11, 2024, by Erik Spanberg for Charlotte Business Journal

The Charlotte Regional Business Alliance has hired Tracy Dodson to fill the newly created Chief Operating Officer position. Dodson, who now runs the city of Charlotte’s economic development division, will also fill the lead economic development executive role at CLT Alliance. This position has been vacant for a year.

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Trends in Office Real Estate: Shared Amenities

Originally published on December 11, 2024, by Doug West for NAIOP.

In today’s office real estate market, flight to quality has created a race for landlords seeking to attract tenants and fill vacancies. While some tools are economical, like rent incentives, others are more concrete, including developing shared amenity spaces. In major metropolitan markets such as New York, an amenity offering is now a deal-breaking requirement rather than just nice. But what do these spaces look like, and how can landlords be sure they’re including the right ones?     

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Nearshoring and Onshoring: Opportunities, Challenges and Globalization’s Impact

Originally published on November 25, 2024 by Kathryn Hamilton, CAE for NAIOP.

Supply chain dynamics, increased demand for “just-in-case” products, and a shift in where goods are assembled are three key drivers in a movement toward growing the manufacturing sector closer to home. NAIOP hosted an executive summit this month in Scottsdale, Arizona, to explore challenges and opportunities, and to hear from the developers, end users and experts who are influencing the trend and shaping the future.

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RECAP: Annual Meeting - Navigating the Horizon in 2025

We held its Annual Meeting at the Myers Park Country Club, where we elected the 2025 Board of Directors and awarded the 2024 Award of Excellence to Tim Sittema, the Managing Partner at Crosland Southeast.

Attendees delved into Charlotte's commercial real estate future, exploring pivotal public policy shifts, legislative changes, and evolving business practices. The panel of industry leaders examined critical topics including ESG initiatives, Basel III, environmental regulations, and local public policy, offering insights to help stakeholders stay ahead of emerging trends in the region.

Event Photos
Meeting Resource Information


Moderators

   
       
Sagar Rathie
Crescent
Communities
    Tim Sittema
Crosland
Southeast

 

Panelists

   
         
Bobbi Jo Lazarus
Elliott Davis 
  Peet Poillon
NFP 
  Mary Katherine Stukes
Moore & Van Allen 

Most Livable Metro Areas in the U.S. in 2024

Originally published on November 18, 2024, by Alexandra Both for NAIOP.

What is the best place to live in the U.S.? The answer varies, but livability often means striking the right balance between cost of living, city amenities, and quality of life. RentCafe.com measured livability in 139 metro areas using 17 metrics divided into three categories: socioeconomics, quality of life, and location and community.

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Crossing Borders: How Politics and Globalization are Impacting North American Trade

Originally published on November 14, 2024, by Kathryn Hamilton, CAE for NAIOP.

Shannon O’Neil grew up in a small town in Ohio, not anywhere near the border. She was enthralled by stories shared by her grandmother and a great-aunt who traveled the world, which inspired O’Neil’s desire to work internationally. Today, she is the vice president, deputy director of studies, and Nelson and David Rockefeller senior fellow for Latin America studies at the Council on Foreign Relations. She was the keynote speaker at NAIOP’s Nearshoring/Onshoring Summit held in Scottsdale, Arizona this week.

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