Co-written by Chris Lau, Owner, Lau Insurance Services, and Cate DeBates, NAI North Star For years, Lau Insurance Services has called Riverfront Drive in Mankato home. It’s where we’ve grown…

The commercial real estate landscape, particularly in regions like Greater Mankato, is poised for significant transformation. With retail dispensaries anticipated to open in early 2025, it’s crucial for landlords and…

Join us for the ribbon cutting and open house event for this newly renovated historic building in scenic downtown Red Wing, MN.  May 13th at 222 Bush St., Red Wing,…

Join us on Thursday, May 8th for an Open House event at Axis Lofts Tour apartments, learn about leasing promotions, and see the amazing amenities available. Commercial spaces for lease…

The 2024 NAI Global Market Facts & Trend Report was put together for our professionals and clients not just to show the extensive reach of the NAI network, but to also provide insights into what is happening across the real estate markets from which we operate.

For the past year, we’ve seen a lot of predictions in commercial real estate (CRE) around the looming “wall of debt” facing commercial assets. Many owners face a difficult refinancing environment as their loans come due, and NAI Global’s Arthur Milston previously predicted a wave of distressed assets that would hit the market in 2024.

As we shift through economic uncertainty and changes in the market, commercial real estate businesses are planning for a range of scenarios — and looking to historical trends to make predictions. REBusinessOnline sat down with two industry experts to talk about how this period of uncertainty compares to previous eras and where there may be benefits and opportunities in the current landscape.

A growing trend over the past few years has been rising investor interest in non-traditional property types. Specialist offerings, like medical office and data centers, have become breakout darlings of the industry, and seem set to continue driving investment volume this year.  

At the NAI Global Convention in February, Lauren Larsen was announced as the 2024 recipient of the Women’s Alliance Champion Award. Lauren is the Managing Broker at NAI Affinity in Northern Colorado. Lauren focuses her time in the industry on self storage and multifamily investment sales, along with development land transactions.