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20 September 2024 | 5 replies
Personally very familiar with the Cannabis industry In SoCal, I grew up there.Rates are high on cannabis due to there being far and few banks willing to lend on it.
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20 September 2024 | 8 replies
. - The insurance industry like many others (including our industry of home remodeling here in Chicago) has escalated exponentially in cost.I've got several local Chicago brokers I can share with you, but I think no matter what your rates & premiums have probably gone up...I will send over a couple of contacts for you.Just curious, what neighborhood of Chicago is your building in?
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16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
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21 September 2024 | 33 replies
Storage units, industrial, raw land, development (a form of value add), zoning changes (a form of value add), office, hotel/motel, NNN, etc.
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19 September 2024 | 1 reply
Hello,I’m Jason Thibault and have been in business for the past 7 years within the residential construction industry.
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17 September 2024 | 2 replies
Executive SummaryThe multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months.
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20 September 2024 | 2 replies
They have been approved for a single family home Fannie loan (cannot do FHA because my husband works in the Cannabis Industry and the gov't will not allow).
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19 September 2024 | 10 replies
Cons: Not a happy industry - everyone has a story or opinion and they're usually negative.
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20 September 2024 | 12 replies
For instance I was seeing insane growth and development in pasco county, wesley chapel areas outside of tampa, and actually had a hell of a time finding industrial space in Bradenton FL, so at least on the commercial side of things from my limited experience there didn't seem to be a down turn or softening, so its so interesting to here your take on your local market there as well.
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22 September 2024 | 6 replies
Yup, as an industry it is malleable to be shaped the way and for uses to satisfy individual goals, ambitions, and lifestyles.