News & Articles

exterior of industrial building If you’re paying attention to economic climate discussion in the last six months – or read this blog – you’ve probably heard talks of an impending recession.

But you’ve also likely heard that the outlook for commercial real estate – particularly in the U.S. – remains very favorable, despite the downturn murmurs and volatility in global financial markets.

Why? It’s stable. Investors are looking for more predictable, reliable cash flows and American CRE is filling that need.

Move over, fellas.

Just as we’ve seen in other industries, women are no longer playing second fiddle to their male counterparts in commercial real estate (CRE). It’s 2019, after all – females are playing first fiddle. 

More and more CRE companies – including Donald R. Kenney and Company Realty– are putting talented and knowledgeable women in key leadership positions.

Workspace 250The commercial real estate world is evolving with the times.

What does that mean as we look 2020 in the face? DRK & Company believes that successful investors must rethink traditional models of real estate, stay up with technology and keep re-inventing how we appeal to the younger generations making their way into the professional world.

Breaking Down Walls

businessmen discuss office space leaseWe took a very informal poll and the numbers are in: Zero out of (pick a number – any number!) people actually enjoy negotiating leases for office space.

Still, negotiating the terms of a lease is one of the most important facets of commercial real estate. It needs to be done, and it needs to be done correctly to set yourself up for future success. Going into a negotiation unprepared gives you little chance of getting the best lease price and terms, so it literally pays to do your homework.

Columbus 250Looking for investment opportunities in overlooked areas that offer solid value potential?

Look no further than Opportunity Zones, which are pretty much what they sound like. Included as part of the 2017 Tax Cuts and Jobs Act, these “zones” are economically distressed areas where new investments may be eligible for advantageous tax treatment – an investing “opportunity,” if you will. Those who choose to invest in these areas can defer capital-gains taxes or possibly even avoid them altogether.

the griff building in columbus ohWe may not have the ocean views of the coasts, but the Midwest has something just as beachy – an affordable real estate market!

It’s true: whether we’re talking residential or commercial, you get more space, nicer neighborhoods, larger properties, and better-maintained buildings to go along with the more reasonable sale prices, rents and costs of living.

In the Midwest, prices are mostly still below the levels that incomes suggest they belong. Because of this, you can still find plenty of good deals here.