Boeing Layoffs and CRE Normalization: What’s Next for the Market?

In this episode, we explore the significant layoffs at Boeing and their potential impact on the commercial real estate (CRE) market, which is currently in a 'normalization period.' We discuss insights from industry experts on the shifting dynamics of the CRE sector, including the effects of high interest rates and evolving demand in various regions. Additionally, we highlight recent transactions, such as a notable property sale in Kernersville, and examine the future growth prospects in the hotel real estate market, particularly in Hawaii. Join us for an in-depth analysis of these critical developments and their implications for investors and stakeholders in the commercial real estate landscape.

Sources:
https://finance.yahoo.com/video/commercial-real-estate-boeing-layoffs-222840959.html
https://finance.yahoo.com/video/commercial-real-estate-market-normalization-221203682.html
https://www.bizjournals.com/pacific/news/2024/10/11/hotel-real-estate-hawaii.html
https://journalnow.com/news/local/business/real-estate/kernersville-commercial-real-estate-property-sold-for-241-million/article_79ec8fe8-8523-11ef-8363-db4f552b8514.html

Outline:
(00:00:00) Introduction
(00:00:42) Commercial real estate, Boeing layoffs: Asking for a Trend
(00:02:25) The commercial real estate market is in a 'normalization period'
(00:04:50) Hotel real estate market seeing fewer transactions, but signs point to future growth
(00:05:39) Kernersville commercial real-estate property sold for $2.41 million