News Roundup: How Will Technology Change Commercial Real Estate?November 21, 2018
The Latest Commercial Real Estate News From Liberty SBF
Will Self-Driving Cars Change Commercial Real Estate?
Incorporating parking is an integral part of commercial real estate development, particularly in urban areas. Bisnow reports that autonomous vehicles, which could drop people off at work instead of being parked for hours on end, could dramatically change the development of commercial real estate moving forward.
Liberty Provides $ 43.6 Million in SBA 504 Loans for Properties in Urban Areas
Liberty has provided more than $43.6 million in financing for the acquisition of properties in major U.S. cities including Miami, Tucson, New York, San Diego, Atlanta, Memphis, Las Vegas, and Philadelphia.
Industrial is Real Estate’s “Darling” Class
Industrial, distribution and warehouse continue to lead the commercial real estate pack across the country. GlobeSt reports that the strong performance of industrial real estate can be partly attributed to recent investments in multi-story industrial properties.
Liberty Provides $32.8 Million to Finance Industrial Properties
Liberty has provided more than $32.8 million in SBA 504 loans for the acquisition of industrial properties and warehouses across the country.
The Future of Commercial Real Estate and Technology
It’s not just automated vehicles that might change the face of commercial real estate. National Real Estate Investor reports on two ongoing MIT studies aimed to better understand how design and technology will change the way people live and work and how those changes will affect the commercial real estate landscape.
Healthcare Real Estate Growing Faster than U.S. Economy
As Americans live longer and medical technology improves, demand for convenient access to healthcare continues to steadily increase. GlobeSt reports that the growth in this sector is outpacing overall economic growth and that demand for existing healthcare facilities and new constructions will continue to grow in 2019.
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