There is much we can learn by analyzing a market’s largest commercial real estate sales in a given year. Looking at each the industrial, retail, and office sectors, it’s interesting to see the varying demand for size, price and class from sector-to-sector. This tells us a lot of about the direction of economic growth for […]
View PostWhy Banks are Cutting Back on Commercial Real Estate Lending
Commercial real estate lending, the bread-and-butter business for many smaller and regional banks, could further decrease in 2020. The cause is a combination of a few different factors – intense competition from non-bank lenders and rising delinquency rates to name a few. Mortgage lending is also predicted to be impacted by rising interest rates and […]
View Post [Online Resources] Real Estate, analysis, banks, blog, building, camp hill, carlisle, central pennsylvania, commercial lending, commercial loans, Commercial Real Estate, Construction, construction loans, CRE, data, Economy, finances, gettysburg, guest blogger, harrisburg, hershey, industrial, lancaster, lemoyne, lending, loans, market, mechanicsburg, mid penn bank, Mike Kushner, money, new cumberland, office, Omni Realty Group, pennsylvania, retail, Rory Ritrievi, trends, united states, yorkCentral PA’s Growth in Commercial Construction Creating Workforce Challenges
With new commercial construction projects popping up all across Central Pennsylvania, it may appear as though it’s a great time to be in the industry. A demand for more commercial construction usually means businesses are growing or moving into the area, bringing with them jobs and economic growth. But there’s one looming challenge that stands […]
View Post [Online Resources] Real Estate, abc keystone, building, central pa, central pennsylvania, commercial construction, Commercial Real Estate, Construction, development, Economy, employment, growth, industrial, jobs, office, Omni Realty Group, pennsylvania, retail, trends, unemployment, workers, workforce4 Reasons Why 2019 Was a Great Year for Commercial Real Estate
For various reasons, 2019 proved to be a year of advancement and change. This was the year that the driverless revolution finally hit the road, China accomplished the first landing on the far side of the moon, and many other social and political issues advanced. We also lost legends like Doris Day and Karl Lagerfeld. […]
View Post [Online Resources] Real Estate, 2017 tax changes, 2017 tax reform, 2019, camp hill, carlisle, CCIM, central pennsylvania, commercial, Commercial Real Estate, Construction, CRE, cre investment, development, economic outlook, Economy, gdp, gettysburg, growth, harrisburg, hershey, industrial, interest rates, investment, investment property, investor, lancaster, lemoyne, mechanicsburg, Mike Kushner, office, Omni Realty Group, pa, pennsylvania, retail, tax law, taxes, tenant representative, unemployment, yorkConsidering a Commercial Real Estate Investment Property? Read This First!
Investing in commercial real estate can be one of the most lucrative real estate investments you can make. Investors can realize extraordinary capital gains and huge cash flow wins. On the flip side, there can be quite a drastically different outcome when your CRE investment properties sustain long vacancies or big drops in market value. […]
View Post [Online Resources] Real Estate, advice, camp hill, carlisle, central pa, Commercial Real Estate, CRE, cre investor, experience, gettysburg, harrisburg, hershey, income, investing, investment, investment opportunities, investor, investors, lancaster, lemoyne, mechanicsburg, Mike Kushner, Omni Realty Group, pennsylvania, property, real estate investor, return, tenant representative, yorkAncillary Income Opportunities for Commercial Real Estate Property Owners
When businesses and individuals consider commercial real estate development as an investment opportunity, often the primary focus is on the potential income from tenants who will lease the space. However, given the growing demand for outdoor advertising and the increased revenue opportunities that digital billboards can provide landowners in terms of rent, there is an […]
View Post Ancillary, Ancillary income, billboards, blog, central pa, Commercial Real Estate, CRE, development, digital advertising, digital billboards, digital displays, digital signage, harrisburg, income, income opportunity, investment, Leasing, Mike Kushner, Omni Realty Group, pat lyons, pennsylvania, permitting, premier media, revenue, signage, signsHow Central PA’s Growing Population Impacts Local Businesses
According to a 2018 report from the Pennsylvania Data Center, Pennsylvania’s population is expected to grow approximately 1% from the 2010 to the 2020 population, which is 1% better than no growth or a loss. What’s even more remarkable, is Pennsylvania’s growth is focused in about 16 counties, 14 of which are in Pennsylvania’s South […]
View Post [Online Resources] Real Estate, analysis, ben atwood, blog, business, carlisle, census, central pa, central pennsylvania, Commercial Real Estate, costar, CRE, data, david black, development, Economy, growth, guest blogger, harrisburg, Harrisburg regional chamber, hershey, lancaster, local, market report, Omni Realty Group, pennsylvania, population, real estate broker, regional, tenant representative, trends, yorkBeyond the Bio with Mark Disanto from Triple Crown
For more than four decades, Triple Crown Corporation has shaped Pennsylvania real estate through construction, land acquisition, and residential and commercial property management. The company has built an impressive portfolio of properties ranging from warehouses, office and retail space, rental communities, and even vacant lots that can be developed into just about anything to need. […]
View Post [Online Resources] Real Estate, apartments, building, buy, camp hill, carlisle, central pa, Commercial Real Estate, Construction, CRE, development, harrisburg, hershey, industrial, investment, lancaster, land, lease, lot, mark disanto, mechanicsburg, Mike Kushner, office, Omni Realty Group, pennsylvania, real estate blogger, real estate development, rent, retail, sell, triple crown corporation, vacant, warehouse, yorkuBreakiFix Opens New Retail Space with the Help of Omni Realty
At Omni Realty Group, it’s our passion to work with Central Pennsylvania businesses to help them find the right commercial space where they can thrive. One of our recent clients, uBreakiFix, provides a perfect example of how working with a tenant representative, like Omni, will have a big impact on the searching, negotiating, and commercial […]
View Post [Online Resources] Real Estate, camp hill, carlisle, carlisle pike, CCIM, central pa, Commercial Real Estate, commercial space, CRE, gettysburg, harrisburg, hershey, industrial, lancaster, lemoyne, mechanicsburg, Mike Kushner, office, Omni, Omni Realty Group, real estate agent, real estate broker, retail, retail real estate, retail space, Tenant Representation, tenant representative, ubreakifix, yorkThe Red Flags of an Unfavorable Commercial Real Estate Lease
As a tenant needing commercial real estate space to run your business, it can be challenging to navigate the many twists and turns of finding the right space and entering into a favorable lease agreement. Your lease with your landlord can have a large impact on the success of your business, or it could cause […]
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