Category: Martens Companies

Since April 2020, the National Association of Industrial and Office Properties (NAIOP) has been keeping track of the pandemic’s impact on CRE with their regular COVID Impact surveys. NAIOP’s June 2021 survey collected data from 239 US-based members, including brokers, building managers and owners, and real estate developers. A recurring theme in this latest survey was the increasing challenges commercial real estate (CRE) is navigating associated with supply chain disruptions and materials costs. Supply and delayWith more than 86% of developers reporting delays or materials shortages, it seems the impact…

Martens Appraisal has hired a new Appraisal Department Administrator. Allie Fowler joined the team early this summer and has taken on the new role at the company. As the Appraisal Department Administrator, Fowler will oversee many of the day-to-day operations of the commercial appraisal company, including serving as the point of contact for clients looking to order appraisals. Steve Martens, CEO of The Martens Companies, said the addition of an Appraisal Department Administrator was a result of re-evaluating the company’s leadership needs. “As we emerge from the pandemic our firm,…

The commercial real estate (CRE) reporter Konrad Putzier recently published a fascinating article in the Wall Street Journal (WSJ) about the sector’s resilience, and specifically investors’ confidence in that resilience. Published in May 2020, the article unpacks the factors that have worked into the sentiment analysis, showing that despite the hard knocks of the pandemic, there is a lot of positivity about the future of CRE. No small troubles In many ways, CRE was a prime candidate to be severely impacted by shelter-at-home orders and the migration of workers to…

TMC Accountant Heather VanKampen took three days off work earlier this month to volunteer for Awareness Camp, a free, fun-filled day camp for first through eighth graders hosted by the Boy Scouts of America, Quivira Council. The camp is for kids who have not yet experienced scouts and all who attend receive a free membership to BSA for the rest of the year. Attendees got to participate in a large variety of activities, including: fishing, paddle boating, water kickball, capture the flack, ICT rock painting and more. The Wichita Fire…

“Work from home” is the first major trend highlighted in the Emerging Trends in Real Estate 2021 – produced by the Urban Land Institute (ULI) and professional services network, PwC. This “trends and forecast publication” is now in its 42nd edition and is highly regarded in real estate and commercial real estate (CRE) spaces. The latest edition provides “an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues”, focusing on the United States and Canada. Go…

‘Tis the season… but this year, everything is different. As we flew past Halloween and move towards Thanksgiving, Black Friday, and Christmas, all eyes are locked on retail. After such a hectic year, what will this season’s holiday shopping look like? The 2019-2020 Shift Last year, even with e-commerce activity at an all-time high, eager shoppers still flooded to stores and malls to do their gift shopping. Despite tons of Cyber Monday shopping, Black Friday’s turnout was impressive across the country. 2019’s holiday shopping season marked a positive direction for…