James Nelson, principal and head of Avison Young’s tri-state investment sales group, joins UrbanDigs' Noah Rosenblatt and John Walkup to talk about the state of commercial real estate in Manhattan today. James is one of the greats in NYC CRE, having been in the business for more than 20 years and with over $5B in sales. Moreover, he's also the host of The Insider's Edge to Real Estate Investing, a podcast dedicated to the fundamentals of owning and operating commercial real estate. In a wide-ranging discussion, James touches on the ins and outs of the commercial sector, where the opportunities are today, and what residential brokers need to know. This is one of those 'connect the dots' episodes - a highly worthwhile listen!
Highlights:
(0:50) The state of the commercial sector
(4:05) Inflation’s impact?
(6:12) The office market
(10:21) Current marketplace deals and conditions
(13:30) Where are the opportunities?
(17:28) What residential brokers need to know
James' Pages:
jamesnelson.com
Avison Young Investment Sales:
aytristateinvestmentsales.com
The Insider's Edge to Real Estate Investing Podcast:
Apple: https://podcasts.apple.com/us/podcast/real-estate-investing-live-from-new-york/id1486367901
Spotify: https://open.spotify.com/show/0UcAl1JlzgGnHqQU4ayzQ5
Got questions? We got answers! Visit our forum:
https://www.urbandigs.com/forum/index.php?forums/main-forum.2/
Track the New York City real estate market with real-time data and charts:
https://www.urbandigs.com/
Link to our overview of Manhattan or Brooklyn real estate stats:
https://www.urbandigs.com/marketwide-charts/
For more Manhattan and Brooklyn real estate conversations:
http://www.talkingmanhattan.com/
